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  • Cost Planning at A Glance

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    Roshan de Silva
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    Cost Planning @ a Glance (an easy way to remember) Carry out during Design Stage (Pre-Contract Stage) Systematic Approach to keep the project within 'Allocated Budget'

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    Cost Planning @ a Glance[1]

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    Cost Planning @ a Glance (an easy way to remember) Carry out during Design Stage (Pre-Contract Stage) Systematic Approach to keep the project within 'Allocated Budget'

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    45 views1 page

    Cost Planning at A Glance

    Uploaded by

    Roshan de Silva
    Cost Planning @ a Glance (an easy way to remember) Carry out during Design Stage (Pre-Contract Stage) Systematic Approach to keep the project within 'Allocated Budget'

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    CostPlanning@aGlance(aneasywaytoremember)

    *CarryoutduringDesignStage(PreContractStage)
    *SystematicApproachtokeeptheprojectwithin'AllocatedBudget'
    *Mainlythereare2methods;Elemental&ComparativeMethod
    UsingElementalMethod
    *AsperRIBAplanofwork;
    Incept'n

    Feasibility

    OutlineProposal

    SchemeDesign

    DetailDesign

    PreliminaryCost
    Estimate

    OutlineCostPlan(Using
    CostAnalysis&OtherCost
    Data(currentmarket
    rate),etc.)

    WhenDesignimproves,Specification&
    Drawingsaredeveloped.Then;

    FinalCostChecking
    (KnownasEngineer's
    Estimation)

    UnitMethod
    CubeMethod
    SuperficialMethod
    ElementalMethod,etc.

    FixBudget

    Substructure
    Superstructure
    Finishes
    Fittings&Fixtures,etc.

    PrepareCostLimits(Cost
    Targets),Include
    Contingenciesforthe
    elements1015%

    etc.

    CostCheck basedonQTY&Spec.
    KeepCostLimitswithinelements

    DetailedCostPlan/Reduce%of
    contingenciessinceaccuracyofthe
    information(QTY&Spec.)

    FinalCostPlan

    *GiveRiskRegisterCostPlanispreparedbasedonwhichinformation,NotconsideranyfutureLegislationChanges&AuthorityFees,etc.
    n

    *IncludeInflationTherearefewMethods;(a)Indices(b)Inf.Amount=(1+i) 1(c)Contingencies(Note:'a'isnotpracticingUAE)
    *ExclusionsLandCost,AuthorityFeesandanyCostduetoLitigationchanges,etc.
    *ConsultancyFeeApp.37%fromtheConstructionCosts

    Page 1 of 1

    Cost Planning @ a Glance

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