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Costing for-civil-engineering-project
- 1. KNS 3333 CONSTRUCTIONTECHNOLOGY COSTING FOR CIVIL ENGINEERING PROJECTS Faculty Of Engineering UNIVERSITI MALAYSIA SARAWAK
- 2. COSTING FOR CIVILENGINEERING PROJECTS Cost Rate Quantity Cost Estimating Methods
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- 4. What is Cost? An estimate how much money will be needed or price to be charged for something. (Oxford Advanced Learner’s Dictionary)
- 5. Why Cost (Control)Is Important? Pre-contract Stage Post contract Stage Inception Design Preliminary cost estimate Comparative cost estimate Alternative materials Tender Construction Form of construction Planned profits achieved ? Feedback for future cost estimating available ? What corrective action to be taken ? Within economic limit of expenditure ?
- 6. How Costing IsDone? = Quantity X Rate Amount
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- 8. What is Quantity? The measurement of something by stating how much of it there is. (Oxford Advanced Learner’s Dictionary)
- 9. How quantity isread? Quantity Unit of measurement 800 M Quantity is shown as a figure and a unit of measurement behind it.
- 10. Area (M2) Quantity Weight (Kg or Ton) Length (M) Volume (M3) Others Hours or Day Unit of measurement
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- 12. What is Rate? A fixed charge, payment or value. (Oxford Advanced Learner’s Dictionary)
- 13. What is Rate? Price per unit of measurement.
- 14. Per unit of measurement RM 250.00/M3 Currency How rate is read? Price of item
- 15. Rate Build Up Material Cost Wastages Plant Cost Labour Cost Profit & Overheads
- 16. Example Of MarketRate Description Unit Rate (RM) Excavation (pit) M3 10.00 Concrete Grade 15 M3 240.00 Concrete Grade 20 M3 255.00 Concrete Grade 25 M3 270.00 Formwork M2 28.00 Reinforcement Kg 3.20 Rate will differ from one project to another due to various factors such as size, nature of work, location, market conditions, etc.
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- 18. Notes On CostingFor Civil Engineering Projects Involve large amount of uncertainty owing to nature of ground conditions, temporary works, etc.
- 19. Notes On CostingFor Civil Engineering Projects Different method of measurement is used for civil engineering works (CESMM). Bill of quantities comprise large quantities of comparatively few items. Quantities usually approximate and remeasurement required when work is actually carried out.
- 20. Notes On CostingFor Civil Engineering Projects Costing can be carried out by breaking down works into smaller cost items and price the quantities against a rate.
- 21. Notes On CostingFor Civil Engineering Projects Costing similar to building works but more towards method of construction rather than material cost.
- 22. Cost Estimating Methods Unit Method Standard Unit Of Accommodation Appropriate X Cost Per Unit Estimated Cost = Low Mid High
- 23. Cost Estimating Methods Superficial Method Area Of Floors Cost Per X Square Metre Estimated Cost = Low Mid High
- 24. Cost Estimating Methods Approximate Quantities Items Of Major Cost Importance Measured Only Estimated X Unit Rate Cost = Low Mid High Build up on basis from cost database price book or priced BQ from previous project
- 25. Cost Estimating Methods Bill Of Quantities Measured Quantities Estimated X Unit Rate Cost = Low Mid High Build up on basis from cost database price book or priced BQ from previous project Pre-Tender Estimate to include other items like Preliminaries, Provisional Sums, Prime Cost Sums, Contingency, etc.
- 26. Cost Estimating Methods Quality of relevant available pricing information Type of information provided Skills Experience Degree Of Accuracy