Estamating seminar chapter 1 (QS)

Taylor's University Assignment
Semester 4, March 2016

1. Lee Kim Thiam 0310710
Liew Yong Sheng 0315108
Muhd. Hasif bin Alias 0316413
Yap Hong Wai 0325228
Wong Geng Sen 0321690

2. Q1 : The importance of estimating at different stages of procurement? (9M)
What is procurement in Construction industry?
 Process of purchasing goods or services.
 Have different routes
- Traditional
- Design and Build
- etc

3. 1. Concept
 review concept to client
 provide general view of project cost
 advice change in project
2. Design
 discuss with designers for more
accurate price
 estimate material cost
 estimate work load
 material management
3. Tender
 layout cost and price for project
 suitable ones in cost will be selected
 ensure cost within client’s budget
4. Construction
 ensure material and costs follows set
budget
 construction do not exceed planned
duration
5. Occupation
 certificate of Completion and
Compliance (CCC) issued after tests for
tenancy suitability
 guide client to builder evaluation
process
Procument Stages

4. Importance of Estimator
 Contract do not deal with apportionment of risk
 Parties do not know who pay and takes the decision
 Clients overpay without proper financial control
 Unnecessary additional cost due to contractor’s inability to perform
 Uses unreliable cost check systems

5. Q2 : The differences of measurement, tendering and estimating ? (9M)
Measurement Item + Quantity
Estimating Measurement + Rates
Tendering Estimating + Profit
Measurement - a process of quantifying items according to a rule or set of rules.
- provides a structure for the information that make up the
descriptions for taking-off list and BQ.
Estimating - a process of calculating the approximate cost of a result.
- provide the total cost of work which is derived from the element
cost(plant, material, labour), prelims, provisional and prime cost sums +
dayworks and overheads.
Tendering - a process of making a priced offer to construct the building.
- provide tender document which included both measurement
and estimating information.

6. Q3 : What preliminaries items are and provide five (5) examples ? (7M)
 Also known as General Site Charge
 Represents those costs that cannot be reasonably allocated to any specific
identified
 The Code of Estimating Practice published by the Chartered Institute of
Building described preliminaries as, '...the cost of administering a project and
providing general plant, site staff, facilities, and site based services and other
items not included in the rates”.

7. Site Security
Water & Electricity SupplyFencingSite Signboard
Insurance Temporary Accommodation

8. Le' END
THANK YOU GUYS !!!