INSTITUTE OF TECHNOLOGY SLIGO

DECEMBER EXAMINATIONS 2019/2020

MODULE: QUSU07032-41438 - Cost Planning

PROGRAMME(S):
SG_JQUAN_J07 Bachelor of Science in Quantity Surveying
SG_JQUAN_H08 Bachelor of Science (Honours) in Quantity Surveying
SG_JQUAN_B07 Bachelor of Science in Quantity Surveying

STAGE: 3

EXAMINER(S):
Colin Birney (Internal)
Ms. Catriona O'Regan (External)

TIME ALLOWED: 2 Hours

INSTRUCTIONS: Answer all questions.

FULLTIME STUDENTS ONLY

PLEASE DO NOT TURN OVER THIS PAGE UNTIL YOU ARE INSTRUCTED TO DO SO.
The use of programmable or text storing calculators is expressly forbidden.

There are no additional requirements for this paper.

QUSU07032-41438 – Cost Planning

December Examinations 2019/2020 Page 1 of 3
QUESTION 1 [TOTAL MARKS:
25]
Over the course of the semester we looked at designing, developing, quantifying and
rating an Elemental Estimate. Briefly outline how the quantification of an elemental
estimate is different to that of a full Bill of Quantities and give an example.

[End of Question 1]

QUESTION 2 [TOTAL MARKS: 25]

Part A (15 Marks)

In an Elemental Estimate, the summary sheet should include a rate per m² of GIFA
for each element of the project. Briefly outline the importance for a Quantity Surveyor
(QS) of establishing a rate per m² of GIFA and how the result can be used to give the
QS confidence in their estimated cost.

Part B (10 Marks)

Also, discuss how this GIFA cost information can be useful for future estimates and
outline how this information can be used.

[End of Question 2]

QUESTION 3 [TOTAL MARKS: 25]

In terms of Value Engineering, what is the difference between the normal cost saving
functions that a Quantity Surveyor carries out at pre and post contract stages and
that of a Value Engineering exercise.

[End of Question 3]

QUSU07032-41438 – Cost Planning

December Examinations 2019/2020 Page 2 of 3
QUESTION 4 [TOTAL MARKS: 25]

In class we looked at the ‘Whole Life Costing’ of a building and the components of a
building. Briefly describe what ‘Whole Life Costing’ is and what basket of items would
need to be considered in order carry out a review of the Whole Life Cost of a
building.

[End of Question 4]

[END OF EXAM]

QUSU07032-41438 – Cost Planning

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