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Quantification and Costing

of Construction Works

Core Competency - Level 3

Ramesh Palikila MRICS

QS
DavisLangdon

Indian Quantity Surveyors Association

IQSA-APC-Matrix
Agenda - Quantification and Costing of Construction Works

• 1.Quantification in Construction works: why?

• 2.Quantification in Construction works: What?
• 3.Quantification in Construction works: How?
• 4.Purpose of Quantification
• 5.Various standard methods of quantifying and pricing construction works

6. Quantification at the various stages of a project

7.Rates

8.Check List for Quantification

9.Mensuration and Other skills

10.Reading List

11.Model Q&A
Why?

Informed decision making

Standard

Benchmark

Comparison e.g. tenders

Calculation

Determine efficiency

Financial Management

Whole asset life methodology

Whole Life Cost
What?

Asset Class Rates (AED/m²)

Element Unit Quantities (EUQ’s)

Functional Rates

Functional Efficiency

Ratios e.g. Wall : Floor; Net : Gross

Individual items

General requirements
How?

Standard methods

RICS

POM(I)

CEEC

ICE

AIA

Non-standard methods i.e. Client
Difference in Standards?
Various Stages of a Project
Uses of Quantification
“Measurements must be accurate”
Area Schedule :

Clients – Decision making etc

Letting Agents – Marketing etc

Legal – Agreements / Affection Plans etc

Designers – Municipality Agreement etc

End-users – Occupancy levels etc
Uses:

Cost Plans/ Feasibility Estimates

Pricing Schedules / Final Accounts

Benchmarking

What is the most accurate?
Rates

1st Principles

Previous projects

Database(s)

Price Books

Market Testing

Periodicals

Benchmarking

Other Costs
Checklist

What is the purpose?

What is being measured?

What are the conditions at

the time of measurement?

Accuracy ?
Mensuration and Other Measurement skills

Arc length formula ?

Unit weight of 12 mm dia Reinforcement Steel?

Measurement skills?

Irregular Shapes Quantities ?
Main Reading List -Quantification and Costing of Construction Works

• Estimating & Establishing budgets

Measurement and costing of works

Advise on appropriate methods of measurement, costing of projects.

Tender preparation of a project

The principles of measurement relevant to procurement and cost control

Methods of measurement :SMM / CESMM3 / POMI / NRM

Pricing documents Tender documents generally :Bill of quantity ,Schedule of rates

Provisional Sums & Prime Cost Sums

Analysis of prices

Valuation of works& Variations / Final account

Reporting on cost :Tender report / Correcting errors in tenders

Post Contract financial reporting

Code of Measuring Practice - GIFA, GEFA, NIA
 APC Questions will be based on following: Quantification and Costing of Construction Works

Level 1 :

1.Quantification in Construction works: why, what and how?

2.Various standard methods of quantifying and pricing construction works
3.Quantification for the financial management of contracts.
4.The measurement of buildings and structures to agreed standards

Level 2 :
5.Quantification at the various stages of a project
6.Producing pricing documents :Bills of quantities, Schedules of activities/ rates
7.Contract sum analysis ,Tender rates, Quotations or Day works.

Level 3 :
8. Advising on appropriate methods of measurement and costing
9• Selecting of appropriate pricing documents
10• Negotiating and agreeing the valuation of construction works at various stages
Model APC Questions : Quantification and Costing of Construction Works

THANK YOU AND WISH YOU ALL THE BEST