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Bu3111-3280 Lecture 2003 PDF

91 Pages·2016·English
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by ['Sowah-Laryea Felix']| 2016| 91 pages| English

About Bu3111-3280 Lecture 2003

This document provides an introduction to construction project economics and outlines the assessment structure for the course. It discusses cost analysis, which involves systematically grouping the costs of a construction project based on the successful tender. Cost analysis is done to obtain useful cost data that can be used for estimating future projects. There are different types of cost analyses, including trade section breakdown, labor/material content, single rate, and elemental cost analysis, which is considered the most accurate. Elemental cost analysis involves analyzing costs based on building elements and standard formats are used like those from the British BCIS. The document provides details on how to prepare an elemental cost analysis from a priced bill of quantities.

Detailed Information

Author:['Sowah-Laryea Felix']
Publication Year:2016
Pages:91
Language:English
Format:PDF
Price:FREE
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