#cost estimation
- Pre-calculation — A preliminary calculation, cost estimate, or financial and technical evaluation performed before starting the manufacture of a product, execution of a work, or provision of a service. This managerial process establishes the anticipated costs of raw materials, labor, and overheads, serving the critical role of determining the feasible selling price and project profitability.
- Pre-calculation — The act of pre-calculating and its result; the technical, financial, and managerial process of estimating, evaluating, and pre-determining costs, expenses, necessary resources, and labor before starting production or project execution. This procedure is fundamental for setting initial budgets and configuring commercial offers.
- Pre-calculation sheet — The prior determination, evaluation, or calculation of production costs, material expenses, and labor, carried out before the manufacturing of a product or the execution of a work begins. This technical-economic document serves as a baseline for establishing the bidding price, planning gross profit, and preventive budgetary control within industrial companies.
- Preliminary estimate — A preliminary cost estimate, provisional calculation, or anticipated financial evaluation of expenses, materials, and labor, drawn up before starting the execution of construction, installation, or landscaping works. This document aims to establish the probable value of the investment to substantiate the initial budget and allow the organization of tenders.