Review the £1.0m estimate

Illustrative pumping facility separating civil foundations, mechanical equipment and electrical controls.

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1. Project brief

The estimate basis

The estimate has a stated base, but some information is unresolved. You are separating supported cost movements from assumptions that still need evidence.

Developing capital estimate

Estimate review · Uncertainty

The estimate is £1.0m. How certain is it?

Review the package basis, support a scenario and decide which information is needed next.

Terms for this task

The base estimate prices the currently included scope. Uncertainty concerns how that basis may change; a discrete event is a separate occurrence that may or may not happen.

On site

Locate the uncertain scope

Illustrative scene. Use the lesson figures and records for measurements.

Civils: £400,000.00
Mechanical: £350,000.00
Electrical: £250,000.00

Evidence and pricing basis

R01 · Whole asset

Base estimate

Civils £400,000; mechanical £350,000; electrical £250,000. Base total £1,000,000.

Source: Existing teaching estimate, three package totals
What the record does not establish: The totals do not provide measured quantities, supplier exclusions or a complete estimate basis.

How to use this record

Package size alone does not establish its uncertainty or investigation priority.

Use this evidence for

Separate evidence from assumptions

Record what each source supports before assigning a cost movement. Your output is an estimate basis and an investigation plan.

Base estimate

Civils £400,000; mechanical £350,000; electrical £250,000. Base total £1,000,000.

Source

Existing teaching estimate, three package totals

What the record does not establish

The totals do not provide measured quantities, supplier exclusions or a complete estimate basis.

How to use this record

Package size alone does not establish its uncertainty or investigation priority.

Use this evidence for