Objectives of Estimating

In general, the objectives of estimating in construction are to establish the following criteria about any project under consideration : 

The Project : The first objective is to discover the location, nature, style, magnitude, quality, and timing of the work. 

The Documentation : The second objective is to discover the amount, quality, and type of the information being presented on which the estimate will be based. 

The Responsibilities : The third objective is to discover and distribute legal and contractual responsibilities among the vicious parties who may become involved in the project. 

The Probable Costs :  The fourth objective is to establish probable costs with as much certainty as possible in the given circumstances of time and place.