Operational rate estimating - Revision history

Designing Buildings at 07:59, 14 February 2021

2021-02-14T07:59:48Z

← Older revision		Revision as of 07:59, 14 February 2021
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	* Quantity Surveyor’s Pocket Book by Duncan Cartlidge.		* Quantity Surveyor’s Pocket Book by Duncan Cartlidge.

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

Designing Buildings at 13:09, 23 April 2020

2020-04-23T13:09:43Z

← Older revision		Revision as of 13:09, 23 April 2020
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	* Quantity Surveyor’s Pocket Book by Duncan Cartlidge.		* Quantity Surveyor’s Pocket Book by Duncan Cartlidge.
		+
		+	[[Category:Cost_/_business_planning]]

Designing Buildings: moved Opertational unit rate to Operational rate estimating

2020-03-06T09:27:27Z

moved Opertational unit rate to Operational rate estimating

← Older revision

Revision as of 09:27, 6 March 2020

Designing Buildings at 09:25, 6 March 2020

2020-03-06T09:25:02Z

← Older revision		Revision as of 09:25, 6 March 2020
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	= External references =		= External references =

−	* Quantity Surveyor’s Pocket Book by Duncan Cartlidge	+	* Quantity Surveyor’s Pocket Book by Duncan Cartlidge.

Designing Buildings at 09:24, 6 March 2020

2020-03-06T09:24:44Z

← Older revision		Revision as of 09:24, 6 March 2020
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	* Cost engineering.		* Cost engineering.
	* Cost information.		* Cost information.
−	* Cost ~~of building~~.	+	* Cost plan.
	* Elemental cost plan.		* Elemental cost plan.
−	* Estimate.
	* Estimating		* Estimating
−	* Estimator.
−	* Forecast period.
	* Initial cost appraisal.		* Initial cost appraisal.
−	* Market value.
	* Measurement.		* Measurement.
	* New Rules of Measurement.		* New Rules of Measurement.
	* Order of cost estimate.		* Order of cost estimate.
−	* Outturn cost.
−	* Overheads.
	* Pre-tender estimate.		* Pre-tender estimate.
	* Tender cost.		* Tender cost.
−	* Unit ~~Rate Estimating~~.	+	* Unit rate estimating.

	= External references =		= External references =

	* Quantity Surveyor’s Pocket Book by Duncan Cartlidge		* Quantity Surveyor’s Pocket Book by Duncan Cartlidge

Designing Buildings at 09:21, 6 March 2020

2020-03-06T09:21:11Z

← Older revision		Revision as of 09:21, 6 March 2020
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	= Introduction =		= Introduction =

−	Operational rate estimating is a method used to calculate building costs. In operational rate estimating ~~the~~ parcel of work ~~will be~~ priced as a package. ~~A different method to operational rate estimating~~ is ~~unit rate estimating~~ where ~~units~~ of the bill are priced individually.	+	Operational rate estimating is a method used to calculate building costs. In operational rate estimating a distinct parcel of work is priced as a package. This is as opposed to projects where each unit of the bill of quantities are priced individually.
		+
		+	The estimator will still need to calculate all the individual items that are required in unit rate estimating , such as labour, plant and materials, but the key difference in operational estimates is that the estimator views a section of the work as a whole rather than as a set of separate items.

	= Operational Rate =		= Operational Rate =

−	Operational rate estimating is commonly used in the civil engineering industry. This is generally due to the larger quantities involved in civil engineering projects. The plant and machinery required in civil engineering works can also play a more significant role in the project. ~~It can also be viewed that operational~~ estimating ~~will be~~ preferred in plant-dominated projects.	+	Operational rate estimating is commonly used in the civil engineering industry. This is generally due to the larger quantities involved in civil engineering projects. The plant and machinery required in civil engineering works can also play a more significant role in the project. Operational estimating is preferred in plant-dominated projects.

−	The estimator will calculate all the resources needed for parts of the construction packages ~~and consider them~~ together rather than in isolation. Operational estimating will involve forecasting the cost of completing a construction operation, which may consist of many bill items. Operational estimating will require a completed:	+	Operational rate estimating can also be be used for pricing in design and build contracts where the contractor is responsible for their own pricing methods and a bill does not have to be produced.
		+
		+	The estimator will calculate all the resources needed for parts of the construction packages together rather than in isolation. Operational estimating will involve forecasting the cost of completing a construction operation, which may consist of many bill items.
		+
		+	Operational estimating will require a completed:

	* Method statement.		* Method statement.
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	* Resource schedule.		* Resource schedule.

−	~~With operational estimating it~~ is usually beneficial for the estimator to work alongside the operational teams to prepare the resource schedules and ~~programs~~ as they may require comparative estimates or cost alternatives to help adopt the most suitable approach and value for money.	+	It is usually beneficial for the estimator to work alongside the operational teams to prepare the resource schedules and programmes as they may require comparative estimates or cost alternatives to help adopt the most suitable approach and achieve value for money.

	Typical packages in operational estimating are:		Typical packages in operational estimating are:
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	* Steel works.		* Steel works.
	* Earthworks.		* Earthworks.
−
−	The estimator will still need to calculate all the individual items that are required in unit rate estimating like labour, plant and materials but the key difference in operational estimates is that the estimator views a section of the work as a whole rather than as a set of separate items.
−
−	Operational rate estimating can be a selected format for pricing in design and build contracts where the contractor is responsible for their own pricing methods and a bill does not have to be produced.

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =
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	= External references =		= External references =

−	Quantity Surveyor’s Pocket Book by Duncan Cartlidge	+	* Quantity Surveyor’s Pocket Book by Duncan Cartlidge

Editor2: Created page with "= Introduction = Operational rate estimating is a method used to calculate building costs. In operational rate estimating the parcel of work will be priced as a package. A diffe..."

2020-03-04T16:06:59Z

Created page with "= Introduction = Operational rate estimating is a method used to calculate building costs. In operational rate estimating the parcel of work will be priced as a package. A diffe..."

New page

= Introduction =

Operational rate estimating is a method used to calculate building costs. In operational rate estimating the parcel of work will be priced as a package. A different method to operational rate estimating is unit rate estimating where units of the bill are priced individually.

= Operational Rate =

Operational rate estimating is commonly used in the civil engineering industry. This is generally due to the larger quantities involved in civil engineering projects. The plant and machinery required in civil engineering works can also play a more significant role in the project. It can also be viewed that operational estimating will be preferred in plant-dominated projects.

The estimator will calculate all the resources needed for parts of the construction packages and consider them together rather than in isolation. Operational estimating will involve forecasting the cost of completing a construction operation, which may consist of many bill items. Operational estimating will require a completed:

* Method statement.
* Programme.
* Resource schedule.

With operational estimating it is usually beneficial for the estimator to work alongside the operational teams to prepare the resource schedules and programs as they may require comparative estimates or cost alternatives to help adopt the most suitable approach and value for money.

Typical packages in operational estimating are:

* Drainage works.
* Concrete works.
* Steel works.
* Earthworks.

The estimator will still need to calculate all the individual items that are required in unit rate estimating like labour, plant and materials but the key difference in operational estimates is that the estimator views a section of the work as a whole rather than as a set of separate items.

Operational rate estimating can be a selected format for pricing in design and build contracts where the contractor is responsible for their own pricing methods and a bill does not have to be produced.

= Related articles on Designing Buildings Wiki =

* All-in rates.
* Approximate quantities cost plan.
* Bills of quantities.
* Budget.
* Capital.
* Contract sum.
* Cost control.
* Cost engineering.
* Cost information.
* Cost of building.
* Elemental cost plan.
* Estimate.
* Estimating
* Estimator.
* Forecast period.
* Initial cost appraisal.
* Market value.
* Measurement.
* New Rules of Measurement.
* Order of cost estimate.
* Outturn cost.
* Overheads.
* Pre-tender estimate.
* Tender cost.
* Unit Rate Estimating.

= External references =

Quantity Surveyor’s Pocket Book by Duncan Cartlidge