BPE4613 Construction Economics Assignment

Reference no: EM132703405

BPE4613 Construction Economics - Muscat College

Task Description

Answer the below questions:

1. Define Construction Industry? Explain the different types of Construction Industry with examples.
(Further you can support your answer with images)

2. Describe the Construction Project life cycle and discuss its importance and Challenges?

3. Define the Cost Estimate and the different types of Preliminary Estimates such as unit cost method, Cubic method etc. Support your answer with the advantages and disadvantage of each type?

4. Prepare an outline cost plan for a proposed house in Nizwa using the information given below in the table. the quality of the building is anticipated to increase by 25%. The cost of service and facilities are expected to increase by 15%. The cost of external works is 35% of the building and the cost of preliminary works is 7% of the total construction cost.

	Analysed Building	Proposed Building
Building type	Bungalow House	Bungalow House
Ground Floor Area(GFA)	3500 m²	4500 m²
Index	175	198
Cost/m² GFA	OMR 900	?

5. Calculate the total cost of this building if the cost/m2 is OMR 350.

Floor areas, measured from the internal face of external walls and subject to the following weightings:
Basement ×3
Ground Floor × 2
First Floor × 2.15
Second Floor × 2.30
External wall areas, measured on the external face of the walls:
Basements wall area × 2
Above ground wall areas ×1

Reference no: EM132703405

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