Read the case study and answer the questions. A local government is planning to construct a timber bridge over a river to connect two towns. The bridge will be 150 meters long and 5 meters wide, with a single span supported by timber trusses. The design calls for the use of sustainably sourced timber, and the bridge must meet all local building codes and standards. The project team is tasked with estimating the total cost of the project. The project team has identified the following cost estimation techniques: Quantity Takeoff: The team will measure and estimate the quantities of various materials needed for the construction of the bridge, including timber, concrete, steel, and hardware. Cost Indexing: The team will use cost indexes to adjust the estimated costs based on inflation and other economic factors. Benchmarking: The team will compare the estimated costs to similar bridge projects in the area to ensure that the estimate is realistic. Parametric Estimating: The team will use historical data from similar projects to estimate the cost of the bridge based on its size, materials, and design. Bottom-Up Estimating: The team will estimate the cost of individual components of the bridge