Home    A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Bottom-Up Estimate

A methodology for generating an estimate that approaches the building at the asset level rather than the system level.

The basic steps in a bottom-up estimate are:

The decision to employ a bottom-up estimating methodology will depend on several factors, including:
  • Desired level of accuracy
  • Available budget for developing the estimate
  • Purpose of the estimate (ie., screening or execution)
  • Available time
  • Knowledge of facility classes

See also: 

Compare with: