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Cost estimation of construction projects is a very complex process containing many variable factors. This skill is not easily acquired. Proper study, training and experience are needed to become proficient in construction project cost estimating.
Time Schedule is the Essence of Contract of any Project.
The construction schedule can certainly affect the cost. If the project requires too aggressive of a time frame, generally the price increases, especially if there is a significant liquidated damages condition for failure to complete within a specified deadline.
