Estimating and Tendering

Cost Planning

Cost planning is the technique by which budget is allocated to the various elements of an intended building project to provide the design team with a balanced cost frame work within which to produce a successful design  which

Preparation of a Cost Analysis

          Preparation of a cost analysis Theprimary purpose for using cost analysis of construction project provides usefulsource of cost information.  Any form ofcost analysis should be provided in standard way with the following. Informationon the total project Summaryof element costs with preliminaries shown separately and also apportioned amongthe elements Abrief specification in …

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Storey Enclosure Method

Storey enclosure unit– It measure the area of external walls, floors and roof areas (effectivelyenclosing the building) and multiplying them by an appropriate weightingfactor. Not much usedin practice and involves greater calculation. Historicaldata are not readily available Provides asingle rate Take intoaccount of difference in plan shape total floor area, vertical position of thefloors, overall …

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Methods of Estimate

Methods of Estimating / Type of Construction Estimate Methods of estimating,used in the early stages of cost planning,depend on reliablehistorical cost data whereas an analytical approach to estimating is based on applying current prices for resources to a well-developed design.A contractor may use a combination of estimating methods in developing a cost for a design and build …

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Project information for cost analysis

Project information for cost analysis 1.        1.  Building type CI/Sfb classification will be given and restriced to the Built environment classificationtaken from table 0 2.       2. BCIS code The BCIS reference code classification buildings by the formof information, number of storey’s and gross internal floor area in squaremeters. The different construction classes are. …

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What are consider selection of equipment cost?

Equipment costs rank second to labor costs in term of uncertainty and in their effect on the outcome of anticipated profit for a construction project. Many factors can influence the selection of equipment in the construction project. These factors are considering equipment selection. Task Consideration Nature of work  This cost depends on the size of …

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