Estimation and Costing— Important Topics, Formulas & MCQs
Estimation, Costing & Valuation covers quantity surveying, rate analysis, specifications and the valuation of property. It is a practical, calculation-based subject with standard methods of measurement.
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Important topics in Estimation and Costing
Key concepts & formulas — Estimation and Costing
Centre-line method
Quantity = centre-line length × cross-section; fast for symmetrical buildings.
Prismoidal formula
V = (D/3)(A₁ + 4Am + A₂) — more accurate earthwork volume than the trapezoidal rule.
Depreciation (straight line)
Annual depreciation = (cost − scrap value)/life.
Plinth area rate
Approximate estimate = plinth area × prevailing plinth-area rate.
3–4 questions in AE papers; pairs well with practical site knowledge.
Be fluent with earthwork formulae and the centre-line method — they appear as direct numericals.
Sample Estimation and Costing MCQ
The most accurate method for computing the volume of earthwork is the: