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Name the method, where an estimator prepares estimate of proposed project by comparing similar completed project.

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Name the method, where an estimator prepares estimate of proposed project by comparing similar completed project.

(a) Model estimate

(b) Parametric estimate

(c) Project Comparison Estimate

(d) Detail Estimate

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Question is from Line Planned and Storeyed Buildings in division Methods of Building Estimate & Estimate of Building of Civil Engineering Drawing

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The correct choice is (c) Project Comparison Estimate

Best explanation: In this method, an estimator prepares estimate of proposed project by comparing similar completed project. After preparing the comparison estimate, estimator makes adjustment for variation of proposed project with the completed project.

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