Construction Cost Estimating In Project Management
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Project Cost Estimating
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Author : Nigel J. Smith
language : en
Publisher: Thomas Telford
Release Date : 1995-03-31
Project Cost Estimating written by Nigel J. Smith and has been published by Thomas Telford this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-03-31 with Business & Economics categories.
The aim of this book is to offer advice and information on preparing and using estimates in the civil engineering industry. It deals with estimating at different stages of construction projects, and with the practice of estimating.
Construction Cost Estimating In Project Management
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Author : Kalpit N. Patel
language : en
Publisher:
Release Date : 1990
Construction Cost Estimating In Project Management written by Kalpit N. Patel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Building categories.
The primary objective of Cost Estimating is to support the timely generation of bid or alternative estimates. Cost Estimating also supports management analysis of estimate accuracy, reasonableness and project risk through the generation of summary reports and analysis. Estimates also provide a base of information during construction for such items as scope changes to the contract, variations in costs of the project cost, total project cost, feedback for scheduling etc. Contruction cost estimating is the process of identifying and compiling the many items of cost that will enter into a construction project. This is a procedure that requires very detailed study of the project during the different construction stages, combined with an intimate knowledge of the availability, characteristics and cost of materials, equipment & labor. Construction cost estimates becomes. useful for different activities during the construction of the project such as: 1. Procurement - the selection and purchase of materials, equipment & labor for individual work items during construction of the project. 2. Change orders during construcion due to alterations in the original contract, delays in the construction due to unavoidable reasons or any other problems occuring between the Owner and Contractor. Estimating is used to determine the increase or decrease in the amount of the original contract or involve no change. 3. Back charges - charges for materials, equipment & labor or other costs furnished to the Contractor by the Owner, to the Contractor by the Architect / Engineer, or to a Sub-contractor / Vendor by the Contractor due to defective/incomplete or unsatisfactory work during construction. This requires the preparation of an estimated cost of the back charge work so that the Owner or Contractor can have information regarding the dollar amount of back charges. 4. Use of Construction cost estimating becomes helpful in determining the financial position of the project by determining the total cost of work items completed to date, the cost of work required to complete and projected final costs so that one can determine whether there will be a project underrun or overrun. Also it becomes useful to determine the payment to be made to the Contractor by the Owner for the executed work so that, he has sufficient information concerning the cashflow for the entire project. This also provides relative information to scheduling systems for manpower, planning and resource evaluation. Estimating also plays an important role in providing information for the cost control of the project. Estimating and cost control are the two most important tasks a Contractor performs to develop equipment & labor production rates for each and every work item of the project during construction and for the selection of labor and equipment. Also estimating becomes useful to keep the cost of an on-going project within the established budget.
Construction Cost Estimating For Project Control
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Author : James M. Neil
language : en
Publisher: Prentice Hall
Release Date : 1982
Construction Cost Estimating For Project Control written by James M. Neil and has been published by Prentice Hall this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Business & Economics categories.
Project Management In Construction
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Author : Sidney Levy
language : en
Publisher: McGraw Hill Professional
Release Date : 2006-08-10
Project Management In Construction written by Sidney Levy and has been published by McGraw Hill Professional this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-08-10 with Technology & Engineering categories.
Step-by-step advice on making every construction job profitable and successful Covering every aspect of the job, from writing initial contracts to complying with OSHA regulations, this trusted resource outlines the essential tenets of project management including estimating, purchasing, and administration of the contract.
Proceedings Of The Conference On Current Practice In Cost Estimating And Cost Control
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Author : Victor F. Spruill
language : en
Publisher:
Release Date : 1983
Proceedings Of The Conference On Current Practice In Cost Estimating And Cost Control written by Victor F. Spruill and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Business & Economics categories.
Project Life Cycle Economics
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Author : Massimo Pica
language : en
Publisher: Routledge
Release Date : 2016-03-03
Project Life Cycle Economics written by Massimo Pica and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-03 with Business & Economics categories.
The financing of modern construction projects reflects the need to address the costs and benefits of the whole life of the project. This means that end of life economics can now have a far greater impact on the planning and feasibility phases. During the project itself, decisions on construction materials and processes all influence the schedule as well as both immediate and down-the-line costs. Massimo Pica and his co-authors explain in detail the fundamentals of project life cycle economics and how they apply in the context of complex modern construction. This is an essential guide for those involved in construction project design, tendering and contracting; to help ensure the sustainability of the project or their contribution to it, from the start. It is also important for those involved in the delivery of the project to help them make the choices to keep the project on a financial even keel. Government, corporations and other organizations are looking for new models of collaborative working to fund their large construction and infrastructure projects in the face of changing attitudes to risk; a better educated and more demanding base of end-user clients and the increasing requirements for projects that are environmentally responsible and sustainable. Project Life Cycle Economics is a fundamental primer for those commissioning and those delivering construction.
Estimating Construction Costs
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Author : Keith Collier
language : en
Publisher:
Release Date : 1984
Estimating Construction Costs written by Keith Collier and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Building categories.
Construction Cost Estimating
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Author : Len Holm
language : en
Publisher: Routledge
Release Date : 2021-04-07
Construction Cost Estimating written by Len Holm and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-04-07 with Technology & Engineering categories.
Construction Cost Estimating equips a new generation of students and early-career professionals with the skills they need to bid successfully on projects. From developing bid strategies to submitting a completed bid, this innovative textbook introduces the fundamentals of construction estimating through a real-life case study that unfolds across its 24 chapters. Exercises at the end of each chapter offer hands-on practice with core concepts such as quantity take-offs, pricing, and estimating for subcontractor work. Online resources provide instant access to examples of authentic construction documents, including complete, detailed direct work estimates, subcontractor work estimates, general conditions estimates, markups, and summary schedules. Through its unique mix of real-world examples and classroom-tested insights, Construction Cost Estimating ensures that readers are familiar with the entire estimating process even before setting foot on the jobsite.
Project Estimating And Cost Management
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Author : Parivs F. Rad PhD, PMP
language : en
Publisher: Berrett-Koehler Publishers
Release Date : 2001-10-01
Project Estimating And Cost Management written by Parivs F. Rad PhD, PMP and has been published by Berrett-Koehler Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-10-01 with Business & Economics categories.
Improve the accuracy of project estimates and make better in-progress modifications by following the discipline-independent approach mapped out in this book. Learn the best ways to apply new tools, including a breakdown structure for both work and resources and proven estimating models. In addition, you'll gain insights into best practices for progress monitoring and cost management, as well as for dealing effectively with external projects.
International Construction Costs And Reference Data Yearbook
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Author : John G. McConville, CCC, CPE
language : en
Publisher: Wiley-Interscience
Release Date : 1995-12-30
International Construction Costs And Reference Data Yearbook written by John G. McConville, CCC, CPE and has been published by Wiley-Interscience this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-12-30 with Technology & Engineering categories.
comprehensive, practical, up-to-date coverage of every aspect of international construction cost estimating Anyone who wants to tap into fast-growing international construction markets had better understand that construction projects undertaken overseas are anything but business as usual. Unfamiliar laws, business practices, design standards, and building regulations; fluctuating exchange rates; weather patterns; infrastructure (or the lack of it); and countless other factors can have an enormous impact on project costs. Compiling a reliable cost estimate is virtually impossible without a broad range of dependable, up-to-date information on conditions in the host country. It could take months of painstaking research to gather this information—or a few hours with The 1996 International Construction Costs and Reference Data Yearbook. Developed specifically to help construction professionals charged with forecasting, estimating, and controlling the costs of international construction projects, this eminently practical guide brings you detailed information on construction costs and related data for 30 countries around the world. You'll learn about: Construction practices and trends in each country Labor and materials costs Costs per unit area for a range of building types Regional variation percentages, value added taxes, and exchange rates Each country's leading firms, professional institutions, and trade organizations Availability of construction equipment; condition of roads, bridges, and piers; and special geological characteristics And much more Supplemented with numerous maps and tables that present data in an easy-to-use form, this handbook is must reading for architects, engineers, project managers, cost engineers, and all other construction professionals involved in overseas building projects.