Unit price estimates consist of assigning costs to what?

Unit price estimates involve assigning costs to each separate unit of construction. This method is used to efficiently break down the project into identifiable components, allowing for an accurate estimation of expenses associated with each piece of work. By evaluating the cost per unit, contractors can clearly understand the financial implications of various construction elements, which aids in budgeting and managing the overall project effectively.

Focusing on units allows for flexibility in adjusting quantities based on design changes or site conditions, making this approach useful for both small and large projects. This method can also streamline the bidding process, as contractors can establish a clear framework for pricing that helps in comparing different bids.

The other options involve broader estimates that do not specifically relate to the unit price method. For instance, assigning costs to each worker or each hour of labor focuses on labor expense without breaking down the associated construction elements. The total project budget takes a more holistic view, ignoring the detailed itemization that unit price estimates provide.