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Cost Control Techniques in Construction

Cost Control Techniques adeptalgorithms

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



Also see L1 Supply

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