KNS 3333 CONSTRUCTION TECHNOLOGY

COSTING FOR CIVIL ENGINEERING PROJECTS

Faculty Of Engineering UNIVERSITI MALAYSIA SARAWAK

COSTING FOR CIVIL ENGINEERING PROJECTS

Cost

Quantity

Rate

Cost Estimating Methods

Cost .

(Oxford Advanced Learner’s Dictionary) .What is Cost ? An estimate how much money will be needed or price to be charged for something.

Why Cost (Control) Is Important? Pre-contract Stage Post contract Stage Inception Preliminary cost estimate Design Comparative cost estimate Tender Construction Planned profits achieved ? Feedback for future cost estimating available ? What corrective action to be taken ? Alternative materials Form of construction Within economic limit of expenditure ? .

How Costing Is Done? Quantity X Rate = Amount .

Quantity? .

(Oxford Advanced Learner’s Dictionary) .What is Quantity ? The measurement of something by stating how much of it there is.

How quantity is read? Quantity Unit of measurement 800 M Quantity is shown as a figure and a unit of measurement behind it. .

Unit of measurement Area (M2) Length (M) Volume (M3) Quantity Hours or Day Others Weight (Kg or Ton) .

Rate .

(Oxford Advanced Learner’s Dictionary) .What is Rate? A fixed charge. payment or value.

What is Rate? Price per unit of measurement. .

How rate is read? Price of item Per unit of measurement RM 250.00/M3 Currency .

Rate Build Up Material Cost Wastages Plant Cost Labour Cost Profit & Overheads .

00 270.00 3.00 255. nature of work.Example Of Market Rate Description Excavation (pit) Concrete Grade 15 Concrete Grade 20 Concrete Grade 25 Formwork Reinforcement Unit M3 M3 M3 M3 M2 Kg Rate (RM) 10.20 Rate will differ from one project to another due to various factors such as size. location. etc. market conditions.00 240.00 28. .

Cost Estimating Methods .

etc. . temporary works.Notes On Costing For Civil Engineering Projects Involve large amount of uncertainty owing to nature of ground conditions.

. Quantities usually approximate and remeasurement required when work is actually carried out. Bill of quantities comprise large quantities of comparatively few items.Notes On Costing For Civil Engineering Projects Different method of measurement is used for civil engineering works (CESMM).

.Notes On Costing For Civil Engineering Projects Costing can be carried out by breaking down works into smaller cost items and price the quantities against a rate.

Notes On Costing For Civil Engineering Projects Costing similar to building works but more towards method of construction rather than material cost. .

Cost Estimating Methods Unit Method Low Mid High Estimated Cost = Standard Unit Of Accommodation Appropriate X Cost Per Unit .

Cost Estimating Methods Superficial Method Low Mid High Estimated Cost = Area Of Floors X Cost Per Square Metre .

Cost Estimating Methods Approximate Quantities Low Mid High Estimated Cost = Items Of Major Cost Importance Measured Only X Unit Rate Build up on basis from cost database price book or priced BQ from previous project .

Build up on basis from cost database price book or priced BQ from previous project . Provisional Sums. Contingency. Prime Cost Sums.Cost Estimating Methods Bill Of Quantities Low Mid High Estimated Cost = Measured Quantities X Unit Rate Pre-Tender Estimate to include other items like Preliminaries. etc.

Cost Estimating Methods Skills Quality of relevant available pricing information Degree Of Accuracy Experience Type of information provided .

Sign up to vote on this title
UsefulNot useful

Master Your Semester with Scribd & The New York Times

Special offer for students: Only $4.99/month.

Master Your Semester with a Special Offer from Scribd & The New York Times

Cancel anytime.