Critical Appraisal For Optimum Commercial Management

Running Head: CRITICAL APPRAISAL FOR OPTIMUM COMMERCIAL
MANAGEMENT
CRITICAL APPRAISAL FOR OPTIMUM COMMERCIAL MANAGEMENT
Name of the Student
Name of the University
Author Note

CRITICAL APPRAISAL FOR OPTIMUM COMMERCIAL MANAGEMENT1
Executive Summary
The purpose of this paper is to advice the clients in successful construction of the
building within the time limit, before the completion of lease period of the existing building.
The study is supported by analysing the importance of Building Information Modelling and
the concepts of pre-control cost control process. It is found that, Smooth transactions can be
done through soft landings, collaboration with Building Information Modelling, optimum
cost valuation and selection of appropriate contractor.

CRITICAL APPRAISAL FOR OPTIMUM COMMERCIAL MANAGEMENT2
Table of Contents
Introduction................................................................................................................................3
Discussions.................................................................................................................................3
a..............................................................................................................................................3
b..............................................................................................................................................7
c..............................................................................................................................................8
d............................................................................................................................................10
e............................................................................................................................................11
f............................................................................................................................................13
Conclusion................................................................................................................................14
References................................................................................................................................15

CRITICAL APPRAISAL FOR OPTIMUM COMMERCIAL MANAGEMENT3
Introduction
A company is relocating its insurance business of around 1000 staffs to a new office.
Hence, a new site is selected for the building construction. The site was previously used by a
chemical manufacturing industry. The waste material was removed through demolition. The
client wants the project to be completed within the lease expire period of the existing
building. Robert is the quantify surveyor for the client. The first part of the appear has
provided a basic advice to the clients related to project planning, sustainability and ethical
considerations during the construction process. The next part has discussed on value and risk
management, pre-contract cost control system. The last part is on collaboration with BIM.
The intense of this paper is to provide an advice to the clients for successful completion of
the project within the expire time of lease.
Discussions
a.
Planning of the contract
The following steps are to be considered by the clients for a successful
implementation of the new building:
 Create a systematic design of the plan- There must be a rough layout of the new-
purpose building and views on the exterior environment of the building.
 Selection of a proper contractor for the process- Suitable contractors must be selected
for successfully implementing the project. The contractors must have a general idea of
the building and the materials selected for the new project (Vasquez 2019).
 Cost estimate- Proper estimation of the costs required for the civil work must be
calculated on the basis of unit rates for the project site (Nazari and Keypour 2019).