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  • Commercial Management V1

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    Disney Patterson
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    The document discusses the process of commercial management for construction projects, including pre-contract and post-contract stages. Pre-contract includes activities like preselection, prequalification, tendering, and submission. Post-contract focuses on profit enhancement, procurement, reporting, contract administration, and final valuations to enhance profitability and manage costs, claims, and estimates throughout the project lifecycle.

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    chart that provides an overview of commercial management in construction

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    The document discusses the process of commercial management for construction projects, including pre-contract and post-contract stages. Pre-contract includes activities like preselection, prequalification, tendering, and submission. Post-contract focuses on profit enhancement, procurement, reporting, contract administration, and final valuations to enhance profitability and manage costs, claims, and estimates throughout the project lifecycle.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    28 views1 page

    Commercial Management V1

    Uploaded by

    Disney Patterson
    The document discusses the process of commercial management for construction projects, including pre-contract and post-contract stages. Pre-contract includes activities like preselection, prequalification, tendering, and submission. Post-contract focuses on profit enhancement, procurement, reporting, contract administration, and final valuations to enhance profitability and manage costs, claims, and estimates throughout the project lifecycle.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    DAY TO DAY COMMERCIAL MANAGEMENT

    Commercial Management

    What is it?

    When?

    How?

    A process

    Pre-contract

    Enhance profitability

    Post-contract

    3.1

    3.2

    Pre-Contract

    Post-Contract

    Preselection

    Preliminary enquiry

    3.2.1 Profit enhancement

    3.2.2 Procurement

    3.2.3 Reporting

    3.2.4 Contract administration Interim Valuations

    Prequalification

    Labour

    Presentation

    Risks

    Opportunities

    Equipment

    CVR Tender Dept Handover pack Setup values for cost components Receive cost tabs from Accounts Cost codes

    Forecasts

    Upstream Cost to complete Cost to date Quantum of work to complete Workshops with team

    Decision to tender Preliminary report

    Authorities

    Early completion Buying gains Reduce running cost

    Materials

    Downstream

    Design

    Sub-contractors

    Variations

    Workload

    Services

    Document ation Tender evaluation Unplanned urgent works

    Upstream

    Stakeholders

    HSE

    Water

    Downstream

    Resources

    Contractual

    Diesel

    Cost codes relevant to cost components

    Resource requirements Calculate cost to complete Cash flow

    Claims

    Project appreciation Management of estimates

    Increase productivity Set business improvement targets Bonus schemes

    Notices

    Allocate costs to different cost components

    Detailed Claims Position papers Setup and lead negotiations

    Programme

    Calculate value of each cost component

    Estimate

    Check documents

    VE

    Report and take actions

    Forecast

    Site visit

    Cost loaded programme

    Estimating

    Unit rate

    Operational

    Post Tender submission Adjustment of errors Negotiation & Award

    Handover Feedback & Bidding Strategy

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