Upload
shze-hwa-lee
View
98
Download
1
Embed Size (px)
Citation preview
Bachelor of Quantity Surveyor
ESTIMATINGQSB 60504
Seminars - Question 1
Group Members: Lee Shze Hwa (0320053)Hing Pui Kei (0325961)Ko Bou Sim (0325271)Esther Chuah (0321422)
Lecturer: Ms. Azrina Md YaakobTutorial Group : Section 2
Question 1 (a) :
Explain to your client the importance of estimating at different stages of procurement.
[9 marks]
Question 1 (a)
Construction Procurement Process
Question 1 (a)
● It provides a comparison with budget and cashflow estimate.
● It provides a basis to compare and assess the tender from contractors.
● It provides a prediction of the construction period.
● It provides the expected project cost.
● It uses to allocate the budget and the feasibility of the construction
project.
● It forms the basis of the future budget and cost control.
Importance of estimating in pre-contract :
● It provides budget to the Management and enable them to
control costs during construction execution.
● It is used for many assessments that made during the
construction stage.
● It is used for judgements that made during the construction
stage.
Question 1 (a)
Importance of estimating in post-contract :
Question 1 (b) :
Explain to your client the differences of measurement, tendering and estimating.
[9 marks]
Question 1 (b)
Differences Measurement Tendering Estimating
Measurement is a process of calculating the quantity for different materials to produce an accurate quantities and descriptions by apply a rule or set of rules.
Tendering is a process of bidding and obtaining the construction project by contractors.
Estimating is the process of calculating the net cost required to carry out the construction work.
Involve in different construction procurement process
Involved in both pre-contract and post-contract work.
Involved in pre-contract work only.
Involved in both pre-contract and post-contract work.
Purpose It provides the quantity of materials required for the construction project.
It provides the price of estimated cost and profit for contractors to tender the project.
It provides the estimating cost of preliminaries, plant, labour and material cost, daywork, provisional sums, prime cost sums and contingencies.
Profit Without profit. With profit. Without profit.
Application Application on SMM. Application on Bill of Quantity. Application on the building up rate.
Item + QuantityMeasurement + Rates
Estimating + Profit
Question 1 (c) :
Explain to your client what preliminaries items are and provide five (5) examples.
[7 marks]
● Include:
- Financials of the construction project.
- Outlying necessary details.
- Getting approvals for things like building permits or equipment leases.
● Preliminaries also used to give important details about testing measures
and the goals for completion.
Definition of Preliminary items :
Question 1 (c)
Question 1 (c)
Examples of preliminaries items :
● Site administration and security ● Requirement for the operating and maintenance manual
Question 1 (c)
Examples of preliminaries items :
● Site waste management plan ● Insurances - Example: risks insurance
(covers physical damage to the works and site materials.)
Question 1 (c)
Examples of preliminaries items :
● Relevant report, like soil report. ● Electrical supply.
Question 1 (c)
Examples of preliminaries items :
● Allowance for small plant, tools and machinery.
1. "Pre-Tender Estimate For Contracts - Designing Buildings Wiki". Designingbuildings.co.uk. N.p.,
2017. Web. 12 Apr. 2017.
2. "Measurement - Designing Buildings Wiki". Designingbuildings.co.uk. N.p., 2017. Web. 12 Apr.
2017.
3. "Pearson Qualifications | Edexcel, BTEC, LCCI And EDI | Pearson Qualifications".
Qualifications.pearson.com. N.p., 2017. Web. 12 Apr. 2017.
4. Mishra, Gopal. "COST ESTIMATION OF CONSTRUCTION PROJECTS". The Constructor.
N.p., 2017. Web. 12 Apr. 2017.
5. Associates, JAK. "Preliminary And General Costs | J.A. Kruger & Associates". Blog.jak-
associates.com. N.p., 2017. Web. 12 Apr. 2017.
6. "Tender Pricing Document - Designing Buildings Wiki". Designingbuildings.co.uk. N.p., 2017.
Web. 12 Apr. 2017.
7. Burger, Rachel. "The Ultimate Guide To Construction Cost Estimating - Capterra Blog".
Blog.capterra.com. N.p., 2017. Web. 12 Apr. 2017.
References
THE ENDTHANK YOU