Unit Price Analysis - Theory & Concepts

Master the fundamental skill of unit price analysis for estimating construction projects accurately.

Adjust the raw direct costs, crew composition, and overhead markups to see how they impact the final unit price per square meter of tile.

Base Material Cost ($/m²):$15

Waste Factor (%):10%

Setter Hourly Wage ($/hr):$40

Helper Hourly Wage ($/hr):$25

Productivity (m² / hr):4 m²

Equipment Cost ($/m²):$2

Overhead + Profit Markup (%):25%

Total Material Cost$16.50

Total Labor Cost$16.25

Equipment Cost$2.00

Total Direct Unit Cost$34.75

Final Unit Price

$43.44

includes 25% O&P markup

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