Cost Control Techniques in Construction

L1 Supply Webinar session on cost control techniques in construction, July 2020

 

Webinar presentation materials, being published shortly – stay tuned

Cost Engineering Worksheets

See the pdf link to the documents here: Cost Engineering Documents

• Work breakdown structure WBS for example project
• Quantity survey & take-off formats
• Abstract bill of quantities
• Bill of Materials and thumb rules of cost components
• Cost Estimates and distribution of cost estimates on WBS
• Bid cost estimation formats
• Project cost summary worksheet

Cost Control: Contractual Aspects

See the pdf link to the discussion here: Cost Control Webinar – Contracts

• Contractual Documentation Issues
• Sub-contractor conflicts
• Civil labour and subcontracts
• Labour cost escalation

Cost Control: Material

See the pdf link to the discussion here: ConstructionCostControl-Materials

The link will discuss about

• Excess Purchase
• Purchase shortages
• Supply variations and fraudulent practices
• Pilferage, wastage and vandalism
• Price fluctuations and escalation
• Scope of supply: delivery and handling

 

 

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