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Cost Planning Assignment: Techniques, Indicative Costs, and Factors Influencing Cost Advice

   

Added on  2023-05-30

20 Pages2656 Words285 Views
Materials Science and Engineering
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Cost planning assignment 1
COST PLANNING ASSIGNMENT
By Name
Course
Instructor
Institution
Location
Date
Cost Planning Assignment: Techniques, Indicative Costs, and Factors Influencing Cost Advice_1

Cost planning assignment 2
Table of Contents
1.0 Cover Letter...............................................................................................................................2
2.0 Introduction................................................................................................................................3
3.0 Cost planning techniques that may be used at briefing stage....................................................4
3.1 Functional unit...........................................................................................................................4
3.2 Areas/Volumes..........................................................................................................................4
3.21Merits of Areas/Volumes method.............................................................................................5
3.22 Demerits of Areas/Volumes method.......................................................................................5
3.3 Factoring Methods.....................................................................................................................6
3.31 Advantages of factor method...................................................................................................6
3.32 Disadvantages of factor method..............................................................................................6
4.0 Indicative costs..........................................................................................................................6
4.1 SCHEME A...............................................................................................................................8
4.2 SCHEME B.............................................................................................................................10
4.3 SCHEME C.............................................................................................................................13
5. 0 crucial factors that could influence the cost advice..................................................................1
6.0 Conclusion and recommendation..............................................................................................3
7. 0 References.................................................................................................................................4
Cost Planning Assignment: Techniques, Indicative Costs, and Factors Influencing Cost Advice_2

Cost planning assignment 3
1.0 Cover Letter
RE: Outline Briefing Cost Assessment
Dear Sir,
The following report is study into the design feasibility of the three design options given for the
construction of a 5 storey “two-star serviced apartments” in Brisbane CBD.
With the brief documentation given. I have to my level best using up to-date resources carried
out a preliminary Estimate of the three proposed schemes to offer you with a recommendation
as to which scheme should be selected for the best design value.
Together with the report I have attached my current cost planning technique, for the purpose of
your own references.
I hope the information I have offered to you will help you in the decision making stage of this
project, I look forward to continue working with you to assist in managing costs for the next
stages of the project. Kindly do not hesitate to get in contact with me to discuss my
recommendations.
Kinds regards,
The Cost planner
Cost Planning Assignment: Techniques, Indicative Costs, and Factors Influencing Cost Advice_3

Cost planning assignment 4
2.0 Introduction
At the brief stage is where most of the clients highlight what they require in a project; referred to
as ‘foundation stage’ of the orientation. The customer will explain the fundamental idea on the
expected design of the required structure. The size and features of the floor such as the floor
space and the number of floors the need for their building is highlighted at this stage. The
intention of the structure and the special characteristics of the structure such as new technology
are mentioned at this level (Black, 2017, p. 321). Necessary information of the plot is also
availed at this stage. The purpose of the orientation stage is to enable the client to get an idea on
the approximate costs of the suggested project that is indicative price. When the client release
their expectations for the suggested project, it will be possible to avail various suggestions for the
client regarding the associated costs of their plans. These various suggestions will help the client
to make the correct decision on the way forward on the required project. The results of the
orientation stage are to produce a universal idea on the appearance of the completed project
while getting an approximate budget for the suggested project. The client can then make a
decision on whether to proceed with the project depending whether it's viable (Kirkham, 2018, p.
42)
3.0 Cost planning techniques that may be used at briefing stage.
3.1 Functional unit
This technique is uneven and favorable in most initial stages of planning.
Cost Planning Assignment: Techniques, Indicative Costs, and Factors Influencing Cost Advice_4

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