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Costing For Civil Engineering Project

This document discusses costing methods for civil engineering projects. It defines key terms like cost, quantity, rate, and explains how to calculate cost by multiplying quantity by rate. It also outlines different cost estimating methods like the unit method, superficial method, approximate quantities method, and bill of quantities method. Finally, it notes that costing civil projects involves uncertainty due to ground conditions and requires different measurement standards than buildings. The summary provides an overview of the key topics and concepts covered in the document.

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4K views

Costing For Civil Engineering Project

This document discusses costing methods for civil engineering projects. It defines key terms like cost, quantity, rate, and explains how to calculate cost by multiplying quantity by rate. It also outlines different cost estimating methods like the unit method, superficial method, approximate quantities method, and bill of quantities method. Finally, it notes that costing civil projects involves uncertainty due to ground conditions and requires different measurement standards than buildings. The summary provides an overview of the key topics and concepts covered in the document.

Uploaded by

Archangelmc
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PDF, TXT or read online on Scribd
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KNS 3333 CONSTRUCTION TECHNOLOGY

COSTING FOR CIVIL


ENGINEERING PROJECTS

Faculty Of Engineering
UNIVERSITI MALAYSIA SARAWAK
COSTING FOR CIVIL ENGINEERING PROJECTS

Cost Quantity

Cost Estimating
Rate
Methods
Cost
What is Cost ?

An estimate how much money will be needed


or price to be charged for something.

(Oxford Advanced Learner’s Dictionary)


Why Cost (Control) Is Important?
Pre-contract Stage Post contract Stage

Inception Design Tender Construction

Preliminary Comparative Planned profits


cost cost estimate achieved ?
estimate
Feedback for
future cost
Alternative Form of estimating
materials construction available ?

What corrective
action to be
Within economic limit of expenditure ?
taken ?
How Costing Is Done?

Quantity X Rate = Amount


Quantity?
What is Quantity ?

The measurement of something by stating


how much of it there is.

(Oxford Advanced Learner’s Dictionary)


How quantity is read?

Quantity Unit of measurement

800 M

Quantity is shown as a figure and


a unit of measurement behind it.
Unit of measurement

Area (M2) Volume


Length (M) (M3)

Quantity

Hours or
Day Others
Weight (Kg or Ton)
Rate
What is Rate?

A fixed charge, payment or value.

(Oxford Advanced Learner’s Dictionary)


What is Rate?

Price per unit of measurement.


How rate is read?
Per unit of
Price of item measurement

RM 250.00/M3

Currency
Rate Build Up

Material Cost
Wastages
Plant Cost
Labour Cost
Profit & Overheads
Example Of Market Rate
Description Unit Rate (RM)

Excavation (pit) M3 10.00

Concrete Grade 15 M3 240.00

Concrete Grade 20 M3 255.00

Concrete Grade 25 M3 270.00

Formwork M2 28.00

Reinforcement Kg 3.20

Rate will differ from one project to another due to various factors such as
size, nature of work, location, market conditions, etc.
Cost Estimating Methods
Notes On Costing For Civil Engineering
Projects

Involve large amount of uncertainty owing to


nature of ground conditions, temporary
works, etc.
Notes On Costing For Civil Engineering
Projects

Different method of measurement is used


for civil engineering works (CESMM).

Bill of quantities comprise large quantities


of comparatively few items.

Quantities usually approximate and


remeasurement required when work is
actually carried out.
Notes On Costing For Civil Engineering
Projects

Costing can be carried out by breaking


down works into smaller cost items and
price the quantities against a rate.
Notes On Costing For Civil Engineering
Projects

Costing similar to building works but more


towards method of construction rather than
material cost.
Cost Estimating Methods
Unit Method

Low Mid High

Estimated Standard Unit Of Appropriate


= X Cost Per Unit
Cost Accommodation
Cost Estimating Methods
Superficial Method

Low Mid High

Estimated Cost Per


= Area Of Floors X
Cost Square Metre
Cost Estimating Methods
Approximate Quantities

Low Mid High

Items Of Major
Estimated = X Unit Rate
Cost Importance
Cost Measured Only

Build up on basis from cost


database price book or priced BQ
from previous project
Cost Estimating Methods
Bill Of Quantities

Low Mid High

Estimated Measured
= X Unit Rate
Cost Quantities

Pre-Tender Estimate to
Build up on basis from cost
include other items like
database price book or priced BQ
Preliminaries, Provisional
from previous project
Sums, Prime Cost Sums,
Contingency, etc.
Cost Estimating Methods

Skills
Quality of relevant available
pricing information

Degree Of Accuracy

Experience
Type of information provided

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