Approximate quantities cost plan - Revision history

Designing Buildings at 05:50, 14 July 2024

2024-07-14T05:50:32Z

← Older revision		Revision as of 05:50, 14 July 2024
Line 24:		Line 24:
	From the point that the approximate quantities cost plan has been approved, cost control procedures can be introduced by treating changes as if they are variations.		From the point that the approximate quantities cost plan has been approved, cost control procedures can be introduced by treating changes as if they are variations.

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	= Related articles on Designing Buildings =

	* Approximate bill of quantities vs approximate quantities cost plan.		* Approximate bill of quantities vs approximate quantities cost plan.

Designing Buildings: Reverted edits by 157.34.195.167 (talk) to last revision by Designing Buildings

2021-06-18T05:49:49Z

Reverted edits by 157.34.195.167 (talk) to last revision by Designing Buildings

← Older revision		Revision as of 05:49, 18 June 2021
Line 48:		Line 48:
	* Whole-life costs.		* Whole-life costs.

−	~~[[Category:Articles_needing_more_work]]~~ [[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Template]] [[Category:Cost_/_business_planning]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Template]] [[Category:Cost_/_business_planning]]

157.34.195.167 at 03:04, 18 June 2021

2021-06-18T03:04:38Z

← Older revision		Revision as of 03:04, 18 June 2021
Line 48:		Line 48:
	* Whole-life costs.		* Whole-life costs.

−	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Template]] [[Category:Cost_/_business_planning]]	+	[[Category:Articles_needing_more_work]] [[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Template]] [[Category:Cost_/_business_planning]]

Designing Buildings at 08:03, 3 September 2020

2020-09-03T08:03:59Z

← Older revision		Revision as of 08:03, 3 September 2020
Line 48:		Line 48:
	* Whole-life costs.		* Whole-life costs.

−	[[Category:Cost_/_business_planning]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Template]] [[Category:Cost_/_business_planning]]

Editor at 15:50, 15 July 2019

2019-07-15T15:50:27Z

← Older revision		Revision as of 15:50, 15 July 2019
Line 44:		Line 44:
	* Pre-tender estimate.		* Pre-tender estimate.
	* Provisional quantity.		* Provisional quantity.
		+	* Tender cost.
	* Tender pricing document		* Tender pricing document
	* Whole-life costs.		* Whole-life costs.

	[[Category:Cost_/_business_planning]]		[[Category:Cost_/_business_planning]]

Designing Buildings at 10:53, 5 July 2019

2019-07-05T10:53:53Z

← Older revision		Revision as of 10:53, 5 July 2019
Line 24:		Line 24:
	From the point that the approximate quantities cost plan has been approved, cost control procedures can be introduced by treating changes as if they are variations.		From the point that the approximate quantities cost plan has been approved, cost control procedures can be introduced by treating changes as if they are variations.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Approximate bill of quantities vs approximate quantities cost plan.		* Approximate bill of quantities vs approximate quantities cost plan.

Editor at 14:56, 17 August 2018

2018-08-17T14:56:08Z

← Older revision		Revision as of 14:56, 17 August 2018
Line 41:		Line 41:
	* Elemental cost plan		* Elemental cost plan
	* Final account.		* Final account.
−	* Initial cost ~~appraisals~~	+	* Initial cost appraisal.
	* New Rules of Measurement.		* New Rules of Measurement.
	* Order of cost estimate.		* Order of cost estimate.

Editor at 16:16, 16 January 2018

2018-01-16T16:16:18Z

← Older revision		Revision as of 16:16, 16 January 2018
Line 14:		Line 14:
	Other than initial cost appraisals, these all relate to the construction cost of the project (rather than wider project costs that the client might incur, which could include; fees, equipment costs, furniture, the cost of moving staff, contracts outside of the main works, and so on). It is important that the client makes clear what costs should be monitored by the cost consultant and what will remain within the control of the client organisation.		Other than initial cost appraisals, these all relate to the construction cost of the project (rather than wider project costs that the client might incur, which could include; fees, equipment costs, furniture, the cost of moving staff, contracts outside of the main works, and so on). It is important that the client makes clear what costs should be monitored by the cost consultant and what will remain within the control of the client organisation.

−	The approximate quantities cost plan is a development of the elemental cost plan. Unlike the elemental cost plan in which the cost of elements is broken down from the overall construction cost, based on the experience of the cost consultant and known costs of similar completed projects, the approximate quantities cost plan is a first attempt to measure defined quantities from drawings (or to take them off from a building information model). It presents a more accurate picture of where costs are distributed, in particular it draws to the attention of designers those elements of the design that are standard and those that are not and as a consequence may be more expensive. In effect it is a priced approximate bill of quantities.	+	The approximate quantities cost plan is a development of the elemental cost plan. Unlike the elemental cost plan in which the cost of elements is broken down from the overall construction cost, based on the experience of the cost consultant and known costs of similar completed projects, the approximate quantities cost plan is a first attempt to measure defined quantities from drawings (or to take them off from a building information model).
		+
		+	It presents a more accurate picture of where costs are distributed, in particular it draws to the attention of designers those elements of the design that are standard and those that are not and as a consequence may be more expensive. In effect it is a priced approximate bill of quantities.

	The approximate quantities cost plan should be accompanied by a schedule of assumptions made and perhaps a cash flow projection. A pre-construction whole-life cost plan may also be prepared.		The approximate quantities cost plan should be accompanied by a schedule of assumptions made and perhaps a cash flow projection. A pre-construction whole-life cost plan may also be prepared.
Line 41:		Line 43:
	* Initial cost appraisals		* Initial cost appraisals
	* New Rules of Measurement.		* New Rules of Measurement.
		+	* Order of cost estimate.
	* Pre-tender estimate.		* Pre-tender estimate.
	* Provisional quantity.		* Provisional quantity.

Editor at 12:28, 28 November 2017

2017-11-28T12:28:10Z

← Older revision		Revision as of 12:28, 28 November 2017
Line 1:		Line 1:
−	Cost plans are generally prepared by cost consultants (often quantity surveyors). They evolve through the life of the project, developing in detail and accuracy as more information becomes available about the nature of the design, and then actual prices are provided by contractors and suppliers. They range from very early initial cost appraisals through to tender pricing documents and the final account:	+	Cost plans are generally prepared by cost consultants (often quantity surveyors). They evolve through the life of the project, developing in detail and accuracy as more information becomes available about the nature of the design, and then actual prices are provided by contractors and suppliers.
		+
		+	They range from very early initial cost appraisals through to tender pricing documents and the final account:

	* Initial cost appraisals (studies of options prepared during the feasibility study stage).		* Initial cost appraisals (studies of options prepared during the feasibility study stage).
Line 24:		Line 26:
	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

		+	* Approximate bill of quantities vs approximate quantities cost plan.
	* Bills of quantities.		* Bills of quantities.
	* Budget.		* Budget.

Designing Buildings at 09:37, 8 November 2017

2017-11-08T09:37:45Z

← Older revision		Revision as of 09:37, 8 November 2017
Line 39:		Line 39:
	* New Rules of Measurement.		* New Rules of Measurement.
	* Pre-tender estimate.		* Pre-tender estimate.
		+	* Provisional quantity.
	* Tender pricing document		* Tender pricing document
	* Whole-life costs.		* Whole-life costs.

	[[Category:Cost_/_business_planning]]		[[Category:Cost_/_business_planning]]