RS Means
Category: Cost Estimation
RSMeans, from Gordian, is the industry-leading source for construction cost estimating data in North America. It provides a comprehensive database of historical and current costs for building materials, labor, and equipment. This data empowers construction professionals like contractors, architects, and engineers to generate accurate cost estimates for building projects, leading to better project budgeting and informed decision-making throughout the construction lifecycle.
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Key Information
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What is RS means used for?
RSMeans, from Gordian, serves as the go-to resource for construction cost estimating in North America. Here's a breakdown of its key functionalities:
Construction Cost Database:
RSMeans offers a comprehensive database containing historical and current costs for various construction elements. This includes:
* Material costs: Lumber, concrete, roofing materials, etc.
* Labor costs: Wages for different construction trades (carpenters, electricians, plumbers, etc.)
* Equipment costs: Rental or purchase costs for construction machinery
Cost Estimating Tools:
Leveraging the cost database, RSMeans provides tools for construction professionals to:
* Generate initial budget estimates for new construction projects.
* Validate internal cost data and vendor quotes for accuracy.
* Create detailed cost breakdowns for project planning and control.
Improved Project Planning:
Accurate cost estimates obtained from RSMeans data allow for better project planning and budgeting. This can help construction companies:
* Secure financing with realistic cost projections.
* Identify potential cost overruns early on in the project.
* Make informed decisions regarding material selection, construction methods, and project scope.
Overall, RSMeans empowers construction professionals with reliable cost data, enabling them to generate accurate estimates, improve project planning, and make data-driven decisions throughout the construction lifecycle.
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