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