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Published in:

Volume 7 Issue 7
July-2020
eISSN: 2349-5162

Unique Identifier

JETIR2007201

Page Number

1615-1620

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Title

APPLICATION OF COST ESTIMATION METHOD FROM WORK BREAKDOWN STRUCTURE

ISSN

2349-5162

Cite This Article

"APPLICATION OF COST ESTIMATION METHOD FROM WORK BREAKDOWN STRUCTURE ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 7, page no.1615-1620, July-2020, Available :http://www.jetir.org/papers/JETIR2007201.pdf

Abstract

In every civil engineering project, whether it is residential, commercial, industrial, etc., cost estimation remained very challenging. Authors consider a Method of Cost Estimation from Work Breakdown Structure, which is developed, for software engineering projects. Method procedure is to prepare Work Breakdown Structure (WBS) as per given instruction aligning with Responsibility Assignment Matrix (RAM) then calculation of the duration of the processes and giving them the cost per hour or fixed cost. In this paper, the same method is applied for the Cost Estimation of the Civil Engineering Industrial Project. Work Breakdown Structure is prepared with great concern and have almost similar characteristics, which is asked in the method. We also discuss the suitability of the method in the Civil Engineering Industrial Project and limitation of the method, if any, with respect to the selected project type.

Key Words

Work Breakdown Structure; Responsibility Assignment Matrix; Cost Estimation; Scheduling; Project Management.

Cite This Article

"APPLICATION OF COST ESTIMATION METHOD FROM WORK BREAKDOWN STRUCTURE ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 7, page no. pp1615-1620, July-2020, Available at : http://www.jetir.org/papers/JETIR2007201.pdf

Publication Details

Published Paper ID: JETIR2007201
Registration ID: 235263
Published In: Volume 7 | Issue 7 | Year July-2020
DOI (Digital Object Identifier):
Page No: 1615-1620
ISSN Number: 2349-5162

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Cite This Article

"APPLICATION OF COST ESTIMATION METHOD FROM WORK BREAKDOWN STRUCTURE ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 7, page no. pp1615-1620, July-2020, Available at : http://www.jetir.org/papers/JETIR2007201.pdf




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