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COST ESTIMATION
AND
SCHEDULING OF
STATE LIFE TOWER,
BLUE AREA, ISLAMABAD

The duration of the project is 5years and


9 months according to the planned
schedule. Any delays in the project will
result in the increase in duration and
total cost of the project.
It is to be ensured during project
execution that it is completed within the
planned duration.

Authors
M.Zaeem Sheikh
Email: za_33m@yahoo.com
Phone: 0345-9901823
Suqrat Babar
Email: suqrat@gmail.com
Phone: 0332-5931002
Asad Fareed
Email: realasad_789@yahoo.com
Phone: 0300-0501907 June 27, 2013
Mahtab Afzal at
Phone: 0313-6962000 NUST Institute of Civil Engineering (NICE)
Email: mahtab_kaka@yahoo.com National University of Sciences and
Siddique Ahmed Rao Technology
Email: raoxide@gmail.com H-12, Islamabad
Phone: 0332-7418228
Abstract Objectives
Cost Estimation is for bidding,  To study the estimation of cost
feasibility studies and calculation of and quantities and schedule of a
finances required. Scheduling is done construction project.
for the calculation of duration and for  To prepare detailed estimate of
monitoring and control of the project. quantities and cost of the State
We have used the specifications and Life Building Tower, Blue
drawings of the State Life Tower, Area, Islamabad.
Blue Area, Islamabad, and calculated  To develop schedule of the
the estimate and scheduled the State Life Building Tower, Blue
building. Area, Islamabad.
 To analyze Schedule after
updating the Baseline Schedule

Project Profile
Building is 3B+G+19 storeys
Expected cost at completion = Pkr. 1.5
Bn
Owner= State Life Insurance Corp.
Pakistan
Contractor= Moeen Sons Pvt. Ltd. Methodology
Consultants: Sohail and Pasha  Acquiring and studying of drawings
Supervision: NESPAK of State Life Tower.
Project Manager: A team of three,  Preparation of Estimate after
• Divisional Head (Hassan Quantity Take-off.
Abbas)  Calculation of Duration of each
• General Manager (Col. Mohsin) activity.
• Assistant General Manger  Preparation of Schedule in
(Hussain Ahmed) Primavera.

Introduction
Estimation is an important part in
planning and determining the effort
required in the construction process. Conclusions
The accuracy of the estimate will The cost of construction of State Life
deliver on time and within the Tower is Seven Hundred and Thirty One
constraints of the budget. The more Million Ninety One Thousand Two
accurate an estimate, lower the cost of Hundred and Thirty Five PKR (Rs.
construction. 731,091,235). The duration of the project is
Scheduling is done for the evaluation of from April 2013 – January 2019.
duration of a project and its monitoring
and control. It is an step which sets a
benchmark for project progress.

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