Techniques Used For Estimate Cost Based On The Chosen Traditional Method Of Procurement Of Housing Project

A basic definition for the procurement is “the way the building is realised” and “involves assembling and organising the skills and services of a team of construction professionals”. (the Construction Round Table, 1995). More precisely, the construction industry describes procurement as “a system that establishes the roles and relationships which make up a project organisation”; hence the overall organisation and communication structure for the management, administration and control of a project is established by the procurement system. (D.C.H Coles, 2010)

592 Week 1 DQ 1 WBS Construction PROJ 592 Week 1 DQ 2 Project Cost Estimates and Assumptions PROJ 592 Week 2 DQ 1 Cost Components PROJ 592 Week 2 DQ 2 Estimating Processes PROJ 592 Week 3 DQ 1 Project Schedules PROJ 592 Week 3 DQ 2 Sensitivity Analysis PROJ 592 Week 4 DQ 1 Resource Allocation and Leveling PROJ 592 Week 4 DQ 2 Advanced Schedule Techniques PROJ 592 Week 5 DQ 1 Earned Value Calculation PROJ 592 Week 5 DQ 2 Project Monitoring and Control & EV PROJ 592 Week 6 DQ 1 Forecasting Project Completion Cost PROJ 592 Week 6 DQ 2 Project Control PROJ 592

1.3 The example provided is a proposed new hotel located in Glencoe, Highlands. The client is Mr. Smith and the executing architects are R&M from Edinburgh. The Bill of Quantities has already been prepared and the price

* The final significant risk my firm identified is the possibility of not meeting the established budget ceiling of $320,000. There are many variables which we feel could cause the cost of build to exceed the budget. Some of those variables include having to pay a premium for in-demand subcontractors, the cost of buying and

When you are seeking prices for a project that requires construction, you go to a contractor, not an architect. Following this protocol will get you the best prices.

The use of external consultants, though being a reasonable tool to aid in ensuring community needs were being met, was found to be over-exhausted, and meant that the allocated budget for the project was insufficient in order to actually construct and repair the proposed houses. Contributing to this increase in costs was that the community response detailed that the proposed housing was inadequate. This feedback was accepted and therefore included in SIHIP, resulting in the cost increase from $450,000 per house to

© 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted

We are requested to assist the building with creating a method of construction cost data for client throughout the pre contract. The task of data collection is a difficult procedure and can be include to wide variations. Based upon our experience as quantity surveyors we chose to develop a cost data collection method. Our define construction line items and quantities for relativity building types.

Single rate approximate estimating – This technique is more commonly used by national bodies inclusive of the education and health services which offers a inception stage in construction. If the clientele has a certain budget to spend than it could possibly be considered by the functional units that can be provided. Such as if you was to provide a study bedroom within a student accommodation it could cost around £20,000. Using this figure you could provide this accommodation to atleast 600 students if you was to use the expenditure of roughly £12 million pounds. Where as on the other hand if the amount of units is known you can then calculate what your budget cost is going to be.

A design and build project allows the low risk factor as for the client has the contractor takes on the risk by offering a fixed cost contract. The web address designbuild-network.com states the original provision for a building cost was around £352m, with total project costs of £757m. A

Option a) should see an Overall Time from Inception to Completion as the client should want to impose time constraints on the whole process, encompassing the design element as well as the construction period. This is due to the situation, current day, for Christchurch. The fact that Buildwise Properties specialise in the provision of housing for sale, matched with the damage that the 2011 Earthquakes did to the eastern

 In order for the outcome of a construction contract to be estimated reliably, the following

Offsite construction is the most efficient alternative to conventional methods and hence the government of U.K has adopted various offsite methods of construction since the twentieth century due to the increased housing demands and limited availability of skilled labour. In spite of the various benefits offered by the offsite construction methods, the growth has been slow in the construction industry. This research will focus on the various offsite construction techniques currently being used in the housing sector and various solutions to overcome the barriers that obstruct the growth of offsite construction in the housing sector. A survey questionnaire was set and send to various different professionals working in the construction industry such as contractors, designers and house builders in order to analysing the current situation of offsite construction in the housing sector. The wider usage of offsite construction techniques are inhibited by the high investment costs, delayed time, interfacing problem and delayed planning process. The current usage level of offsite construction techniques in the U.K housing sector is low compared to other countries. Based on the research findings, various recommendations and strategies have been put forward in order to gain visibility and credibility, of the offsite methods of construction in the housing sector.

The BIM has the capability which carry out the pricing and the quantity take-offs for the cost-estimation and this is possible because it identifies the real material used in the construction process.

When choosing a type of procurement it is based on the clients experienced and knowledge of construction that the client has and there requirements. Once this has been decided then the relevant contracts can be drawn up outlining the relevant responsibilities shared and risk taken into consideration and also meeting the correct legislation and the Housing Grants, Construction and Regeneration Act 1996. With regards to the Housing Grants, Construction and Regeneration