M
MTO

MTO

MTO: Material take-off, a detailed listing of all materials required for a construction project, used for cost estimation, procurement, and inventory management.

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Definition

Material take-off.

Purpose

Material take-off (MTO) is a detailed listing of all the materials required for a construction project. It serves as a basis for cost estimation, procurement, and inventory management, ensuring that all necessary materials are accounted for and available when needed.

Examples of Use

  • Construction planning: Creating a comprehensive list of materials needed for building a house or commercial structure.
  • Cost estimation: Calculating the total cost of materials for a project based on the MTO.
  • Procurement: Ordering the required materials from suppliers based on the quantities specified in the MTO.

Related Terms

  • Bill of Materials (BOM): A detailed list of materials, components, and assemblies needed to construct, manufacture, or repair a product or structure.
  • Quantity Surveying: The process of measuring and estimating the amount and cost of materials and labor required for a construction project.
  • Estimate: An approximation of the costs associated with a construction project, including materials, labor, and other expenses.

Notes

  • An accurate MTO is crucial for project budgeting and scheduling, helping to avoid delays and cost overruns.
  • MTOs are typically prepared by quantity surveyors, estimators, or project managers.
  • The MTO should be updated regularly to reflect any changes in the project scope or design.

Related Terms