Estimating in Construction Industry: ASMM5/6, Elemental and Trade Cost Management Tools
VerifiedAI Summary
This article discusses the relevance of ASMM5/6 in preparing the Bill of Quantity, who it is relevant to in the construction industry, and what assumptions should and should not be made when using it. It also covers the difference between Elemental and Trade cost management tools and strategies for determining the right price for tender.