Cost planning and cost analysis

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Reference no: EM132639878 , Length: word count:3100

Cost Planning And Cost Analysis

Learning Outcome 1: Prepare preliminary estimates, applying a range of methods including cost per unit, cost per m2, and cost per element.

Learning Outcome 2: Analyse project costs through calculating and comparing Gross Floor Area (GFA) to wall ratios and elemental costs.

Task

A client is considering the cost plan for a proposed new building. Sketch plans and a preliminary Specification are provided on Moodle. You have been asked to prepare a detailed cost plan and analyse the cost of the building.

1) Prepare a detailed elemental cost plan.
2) Analyse the Gross Floor Area (GFA) to wall ratios for different sections of the design.
3) Compare your elemental cost plan for the proposed building with industry benchmark average costs (using QV Cost Builder).
4) Discuss any variances between the proposed building and industry benchmark costs.

Methodology

Present your work in the form of a report.

1. Introduction: Significance of cost planning (300 words)

2. Chapter 1: Comparison of design options

3. Chapter 1 : Detailed cost estimate prepared for the given project with supporting data on calculations and assumptions (1200 words / 4-6 pages)

4. Chapter 2 : Cost analysis, comparing the detailed cost plan prepared for the given project with industry benchmark costs (1000 words / 3-5 pages):

5. Conclusion and recommendations (600 words): Summarise the details for cost planning and cost analysis, comment on the cost of the project with your own recommendations for improvements

6. References

Attachment:- Cost Planning And Cost Analysis.rar

Reference no: EM132639878

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