AFTERDRAFT

Estimate vs Quantity Takeoff

A quantity takeoff measures work quantities; an estimate turns quantities, assumptions, labor, material, equipment, and risk into a forecasted cost.

Estimate

  • Budgeting
  • Pricing
  • Cost forecasting
Read the Estimate definition

Quantity Takeoff

  • Measuring scope
  • Counting materials
  • Feeding cost calculations
Read the Quantity Takeoff definition

Key differences

PointEstimateQuantity Takeoff
OutputCost forecast.Measured quantities.
InputsQuantities, rates, labor, schedule, risk, and markups.Drawings, models, specs, and measurement rules.
Common userEstimator or project team.Estimator, takeoff technician, or preconstruction team.

Example in context

A concrete takeoff measures cubic yards and square feet of formwork; the estimate prices labor, material, equipment, waste, and markup.

Related terms