Frequently Asked Questions
What is cost estimation in construction?
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Cost estimation in construction calculates expected costs using scope, design, and market data. Stonehaven’s cost estimation services support early budgeting and cost-informed decision-making.
What are quantity takeoffs in construction?
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Quantity takeoffs (QTOs) are detailed measurements of materials and labour used in construction. Stonehaven uses QTOs to inform construction cost estimating services.
What methods of cost estimation does Stonehaven use?
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Stonehaven uses class-based cost estimating (Class 5 to Class 1), cost benchmarking, and risk-adjusted estimating methods to align with project milestones and construction phases.
What methods of Quantity Takeoff does Stonehaven use?
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We apply manual, digital, and BIM-based quantity takeoff techniques to deliver accurate construction quantity takeoffs across all disciplines.
What is the difference between BOQ and quantity takeoff?
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A quantity takeoff identifies quantities, while a BOQ includes those quantities plus unit rates and specifications for procurement and cost planning.