project cost vs construction cost

Both 'project cost' and 'construction cost' are correct phrases, but they are used in different contexts. 'Project cost' refers to the total cost of a project, which may include various elements beyond just construction. On the other hand, 'construction cost' specifically refers to the expenses related to the building or development of a structure.

Last updated: April 01, 2024 • 194 views

This phrase is correct and commonly used in English.

"project cost"

This term refers to the total cost associated with a project, including all expenses incurred throughout its duration.

Examples:

The project cost for the new office building exceeded our initial estimates.
We need to carefully monitor the project cost to ensure we stay within budget.

Show examples from the web [+]

News Release Emerson introduces the DeltaV S-series platform with "I/O on Demand" that eliminates work, reduces project cost, and increases operational flexibility
Accounts are used to evaluate the project cost. This dialog allows you to set up the various accounts used in your current project. You can access this dialog using the Project Edit Accounts... menu.
The project cost estimates shall include a forecast of annual expenditure for the following two years.
The project cost was €50000 including hosting website, promotion, all the material for schools, the DIY-packages and fluorescent vests.
This information can be used for project cost planning and provided as the basis for subcontract bidding.
Webcasts & Webinars Project Benefits > Lower Project Cost > Materials and Labor
Project cost overruns and delays in construction
PlantWeb can help you set the stage to a more profitable plant. We can help reduce project risk, lower your project cost, shorten your overall project schedule and allow your plant to start up earlier.
Project cost: EUR 689150
Project cost: €4 million
This project cost me NZ$200 total.
Free Tour quietly end up in committee or project cost...
The funding cannot exceed 70% of the total project cost.
In total, the project cost 400,000 francs and took 25 years.
The overall project cost is US$7.63 million.
The project cost in US dollars of running the space programme...
As a rule of thumb it is fair to estimate costs based on Table 05-01-02 2 for initial non detailed project cost estimates.
Even with the small (voluntary) donation to Marko Lerota, the whole project cost me under 150 UK pounds.
The deal, signed in Rome, meets part of the overall project cost of US $17.62 million.
Installing wires in a centre may represent 25% to 50% of the total project cost.

Alternatives:

total project cost
overall project expenses
complete project expenditure
entire project budget
full project outlay

This phrase is correct and commonly used in English.

"construction cost"

This term specifically refers to the expenses related to the building or development of a structure, such as materials, labor, and equipment costs.

Examples:

The construction cost of the new bridge was higher than anticipated.
We need to find ways to reduce construction costs to stay within budget.

Show examples from the web [+]

CBRE's new Construction Cost Index forecasts a 14.1% year-over-year increase in construction costs by year-end 2022 as labor and material costs continue to ...
Average new construction costs by square footage. House size. Average new construction cost. 800 sq. ft. $80,000-$160,000.
(1) The maximum allowable construction cost shall be used to establish a total contract cost for which the general contractor/construction manager shall ...

Alternatives:

building cost
development expenses
structure expenditure
building project cost
construction expenses

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project cost vs construction cost

"project cost"

"construction cost"

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