Takeoff and Estimating Glossary

Knowledge Hub of Construction Estimating & Takeoff

United States Golf Association (USGA)

The United States Golf Association (USGA) is the governing body responsible for overseeing golf rules, championships, handicapping, and equipment standards in the United States.

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National Electrical Code (NEC)

The National Electrical Code, also known as NEC, is a set of benchmarks for electrical safety rules, used for electrical design, installation, and inspection.

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PMI (Project Management Institute)

PMI (Project Management Institute) is a global organization that develops project management standards, certifications, and best practices to help professionals plan and deliver projects effectively.

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UL (Underwriters Laboratories)

UL (Underwriters Laboratories) is an independent safety certification organization that tests and evaluates products to ensure they are safe and perform as intended.

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Fahrenheit

Fahrenheit is a system for measuring temperature in which water reaches its freezing point at 32°F, while 212°F marks its boiling point.

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Liability

The term liability refers to the responsibility a person or business has for damage, loss, or harm caused by their actions/ decisions, or work.

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