Detailed Estimate
Quantity-based estimate from drawings. Each work item × unit rate × quantity = cost. ±5% accuracy.
A detailed estimate (also called item-rate estimate or BOQ estimate) is a project cost estimate prepared at design or tender stage, based on actual quantities calculated from drawings and BOQ items. Used as the basis for tendering, contractor pricing, and budget commitment. The Indian Standard reference: CPWD Manual + DSR (Delhi Schedule of Rates) + state PWD procedures. Detailed estimates have ±5% accuracy and form the basis of contractually-binding BOQ pricing.
Methodology: (1) Drawings — structural, architectural, MEP, finishing — are reviewed comprehensively; (2) Quantity Take-off — every BOQ item's quantity is calculated by formula or measurement: concrete in m³, steel in kg, plastering in m², doors and windows in numbers; (3) Rate Analysis — for each BOQ item, the unit rate is computed from material + labour + plant + overhead + profit; (4) Multiplication — quantity × rate = item cost; (5) Summation — all item costs aggregated to total direct cost; (6) Indirect Costs — site office, supervision, insurance, contingency added; (7) Total — sum of direct + indirect = project cost. For a typical residential project, this typically takes 200-500 person-hours of QS effort.
Indian detailed estimate practice: (a) Government / PSU — strictly per CPWD Analysis with DSR rates. (b) Private commercial — per project specification, often using bespoke rates and modern construction methods. (c) Smaller residential — abbreviated detailed estimates with focus on major items (concrete, steel, masonry, finishes). The most-overlooked aspect: cross-check between BOQ items and actual constructed quantities at the running bill stage. Variation > 10% in any major item indicates either mistakes in quantity take-off, scope creep, or site-specific deviations. Major Indian project software for detailed estimate preparation: Sage Estimating, ProEst, Buildxact, Indian-specific tools (CivilLane, Estimator+), and Excel-based templates. Modern Indian practice increasingly uses BIM-based quantity take-off (Revit Quantification, AutoCAD Quantity Survey) for major projects.
- Tendering — basis for contractor priced bid
- Contract pricing — basis for BOQ amount agreed
- Running bill reconciliation — checking actual installed vs BOQ
- Final settlement — variance analysis vs detailed estimate
- Cost forecasting and budgeting