COST MANAGEMENT / COST CONTROL. Bill Ibram, FRICS
|
|
- Lorin Lynch
- 8 years ago
- Views:
Transcription
1 COST MANAGEMENT / COST CONTROL Bill Ibram, FRICS
2 Cost awareness Which one cost the most? Why? Gherkin, London Lake View, Warrington
3 Cost awareness Who sets the budget (cost limit)? The Client
4 Cost awareness Why, when and how are cost limits set? Why? Affordability / profitability / accountability / value When? Preparation and briefing stage (RIBA Plan of Work) How? Development appraisal / cost limits and allowances
5 Cost awareness Building development costs Land costs Acquisition Fees Construction Costs Fees Professional Planning, surveys etc Financing costs VAT
6 Cost awareness Factors affecting development costs Market conditions Land acquisition Construction costs Fees Financing costs / availability
7 Cost awareness Factors affecting development costs Construction Costs Form of Procurement Traditional Design & Build Management Contracting Construction Management Method of tendering Tendering Negotiation Site constraints Design variables
8 Cost awareness Factors affecting development costs Risk = RISK MANAGEMENT Identify risks produce a risk register Analyse the risks Probability / impact Manage the risks Shrink Accept Distribute (transfer / share) Eliminate
9 Cost awareness Cost implications of design variables Size Plan shape wall to floor area ratios Circulation space Storey height Total height / number of floors Column spacing / floor spans Floor loadings Specification
10 Cost awareness Cost implications of design variables Plan shape - wall to floor area ratios Floor area for both A and B is 244m2 Perimeter length of external wall Building A = 100m Building B = 70m Assuming a 3m storey height, wall to floor ratios:- Building A = 1.23 (100m x 3m) = 300m2/244m2 Building B = 0.86 (70m x 3m) = 210m2/244m2
11 Cost management / control Who? Normally the Quantity Surveyor takes the lead Multi party collaborative approach
12 Cost management / control Why? Ensure employers are provided with value for money Make employers and designers aware of the cost consequences of their desires and/or proposals Provide advice to designers to enable them to arrive at practical and balanced designs within cost limits Keep expenditure within cost limits approved by the employer Provide robust cost information upon which the employer can make informed decisions - cost predictability
13 Cost management / control How? Estimating and cost planning Cost checking Pre tender estimate Tender analysis Cost control reports during construction stage Final account & FEEDBACK Value Engineering
14 Cost management / control When? RIBA Plan of Work Cost Control tasks 0 Strategic Definition 1 Preparation and Brief Order of Cost Estimate 2 Concept Design 3 Developed Design 4 Technical Design Formal Cost Plans (1,2,3) Cost Checking Pre Tender Estimate Tender Analysis 5 Construction Cost Control Reports 6 Handover and Close Out Final Account 7 In Use Cost Control tasks
15 Cost management / control Estimating and cost planning what? Estimate determination of possible cost of building Cost plan critical breakdown of the cost limit for the building (provides a statement of how the design team proposes to distribute the available budget among the elements of a building)
16 Cost management / control Estimating and cost planning when? RIBA Plan of Work Cost Control tasks 0 Strategic Definition 1 Preparation and Brief Order of Cost Estimate 2 Concept Design 3 Developed Design 4 Technical Design Formal Cost Plans (1,2,3) Pre Tender Estimate Tender Analysis 5 Construction Cost Control Reports 6 Handover and Close Out Final Account 7 In Use Cost Control tasks
17 Cost management / control Estimating and cost planning how? Estimate Floor Area method Functional Unit method Elemental method Cost plan Elemental method
18 Cost management / control Estimating and cost planning how?.other considerations Shape Storey heights Location Contingency / risk Inclusions / exclusions
19
20
21
22
23 Cost management / control Tender analysis what? Analysing & checking tender price(s) submitted
24 Cost management / control Tender analysis why? Errors Obvious errors in pricing Arithmetical errors Loading of price Consistency and competitiveness Dealing with errors?
25 Cost management / control Tender analysis when? RIBA Plan of Work Cost Control tasks 0 Strategic Definition 1 Preparation and Brief Order of Cost Estimate 2 Concept Design 3 Developed Design 4 Technical Design Formal Cost Plans (1,2,3) Pre Tender Estimate Tender Analysis 5 Construction Cost Control Reports 6 Handover and Close Out Final Account 7 In Use Cost Control tasks
26 Cost management / control Tender analysis how? Compare to pre tender estimate / last cost plan Tender Report
27 Cost management / control Construction stage cost control what? Cost control Forecasting and anticipating final cost at regular intervals Accounting for variations Controlling and not merely reporting Variations Additional work Omitted work Change in specification Correction of error in contract documents
28 Cost management / control Construction stage cost control why? Cost control Variations Keep client updated on anticipated costs Assists with decision making Variations Change of mind Errors briefing / design / quantities Fashion Technology Business trends
29 Cost management / control Construction stage cost control when? RIBA Plan of Work Cost Control tasks 0 Strategic Definition 1 Preparation and Brief Order of Cost Estimate 2 Concept Design 3 Developed Design 4 Technical Design Formal Cost Plans (1,2,3) Pre Tender Estimate Tender Analysis 5 Construction Cost Control Reports 6 Handover and Close Out Final Account 7 In Use Cost Control tasks
30 Cost management / control Construction stage cost control how? Cost control reports.regularly!
31
32
33
34
35
36
37 Cost management / control Final Account Adjusted contract sum, adjustment of provisional sums and prime cost sums and for loss and /or expense Variations Adjustment of provisional sums Adjustment of prime cost sums Loss and expense FEEDBACK
38 Cost management / control Value Engineering (VE) Cost limit being exceeded prevention better than cure Options Accept (obtain additional funding) Reject o Identify and implement savings On element over cost limit On other remaining elements By deferring certain works
39 Cost management / control Value Engineering (VE) Aim - Deliver better value in terms of clients objectives o More for less How? VE Workshops the earlier the better MUST be multi disciplinary MUST be properly facilitated MUST NOT pursue changes which detract from the projects required or basis functions
40 Cost management / control Value Engineering (VE) VE Workshop Information phase o Function analysis needs & wants cost v worth Creative phase o Alternative solutions and ideas - brainstorming Evaluation phase o Assess the merits of ideas - championing Development phase o Develop ideas time consuming technical input Presentation phase o Present team s proposals to the client reresentatives plan of action
David Watkins RIBA Part 3 Course 2014. Cost Control and Management
David Watkins RIBA Part 3 Course 2014 Cost Cost Management Control and and Management_dhw_2014 Control_dhw_2014 For which of you, desiring to put up a tower, For which does of not you, first desiring give
More information2. Subject to any special rules applied by the College's funding bodies, the tendering procedures will be applicable to:
HARPER ADAMS UNIVERSITY COLLEGE Code of Tendering Practice Introduction 1. The following guidelines are to be used in the conduct of tendering and contracting of major services and supplies commissioned
More informationProject manager services
Corporate Professional Local Project manager services For use with the RICS Standard form of consultant s appointment and RICS Short form of consultant s appointment The mark of property professionalism
More informationPart B1: Business case developing the business case
Overview Part A: Strategic assessment Part B1: Business case developing the business case Part B2: Business case procurement options Part B3: Business case funding and financing options Part C: Project
More informationPROJECT COST ESTIMATES & FEASIBILITIES
PROJECT COST ESTIMATES & FEASIBILITIES Project Cost and budget management Project success elements Scope meet the scope defined for the project Budget It is within established budget Programme It is designed
More informationDIRECTORATE OF ESTATES & FACILITIES
DIRECTORATE OF ESTATES & FACILITIES PROCEDURE AND INFORMATION MANUAL EPM PM4 Client Representative (University Project Manager) for Capital Projects Scope of Services Document Originated: April 2006 By:
More informationCode of Practice for Agents Undertaking Renovation Grants
Code of Practice for Agents Undertaking Renovation Grants July 1998 Contents Introduction Page 1 Approved List of Agents Page 1 Procurement Page 2 Approval Page 5 Works in Progress Page 6 Completion Page
More informationPost No. : LON074 Grade : Section : Quantity Surveying Location : NPS London Ltd
Job escription Post : Senior Quantity Surveyor Post No. : LON074 Grade : Section : Quantity Surveying Location : NPS London Ltd Reporting Arrangements and Main Contacts The post-holder will report to the
More informationPROJECT MANAGEMENT PROCESS for MAJOR CAPITAL PROJECTS
PROJECT MANAGEMENT MANUAL PROJECT MANAGEMENT PROCESS for MAJOR CAPITAL PROJECTS FOR ESTATE MANAGEMENT November 2012 PMM REV1.4 CONTENTS INTRODUCTION PROJECT MANAGEMENT PROCESS FLOWCHARTS STAGE ZERO 0.0
More informationHow do you prepare a fee proposal that your client can understand? How do you nego6ate with that client and ensure you get paid?
How do you prepare a fee proposal that your client can understand? How do you nego6ate with that client and ensure you get paid? How do you prepare a fee proposal that your client can understand? How do
More informationA Guide to... Home Renovation Incentive (HRI)
A Guide to... Home Renovation Incentive (HRI) About this guide This guide will tell you what you need to know if you are organising to have construction work done on your house and would like to avail
More informationInternal Audit. Capital Projects. May 2015. Final Report
Internal Audit TABLE OF CONTENTS Executive Summary...3 1 Introduction...3 2 Objectives...3 3 Scope...4 4 Summary of...4 5 Overall and Opinion...4 Audit Tests and...5 6.1 Management & Delivery of Projects...5
More informationThe role will require the management of consultancy and in-house teams in the successful execution of the estates strategy.
Senior Project Manager Job Description Reference: 102014/51 Job Title: Senior Project Manager Purpose of Role: The University is committed to providing an environment conducive to high quality teaching
More informationSUPPLY, DELIVERY, INSTALLATION AND MAINTENANCE OF AIR CONDITIONERS REQUEST FOR INFORMATION (RFI)
SUPPLY, DELIVERY, INSTALLATION AND MAINTENANCE OF AIR CONDITIONERS REQUEST FOR INFORMATION (RFI) CONTENTS CONTENTS... 2 1 BACKGROUND... 3 2 OBJECTIVES... 3 3 PURPOSE OF RFI... 3 4 HIGH LEVEL REQUIREMENTS...
More informationAgri Food and Biosciences Institute. Asset Management Strategy
Agri Food and Biosciences Institute Asset Management Strategy Version Issue date 1 22 December 2014 Contents Page 1. Context 1 2. What are we aiming to achieve 2 3. What we have 3 4. Investment in assets
More informationBlank Project Management Templates. Saving Time! Saving Money! Saving Stress!
www.projectagency.co.uk Blank Project Management Templates Saving Time! Saving Money! Saving Stress! Please feel free to copy any of the attached documents. You can alter any of them to suit the needs
More informationPRE-APPLICATION ADVICE ON PLANNING PROPOSALS
PRE-APPLICATION ADVICE ON PLANNING PROPOSALS Planning Civic Offices Bridge Street Reading RG1 2LU Tel: 0118 9373787 Email: plgadmin@reading.gov.uk Website: www.reading.gov.uk Pre-application advice on
More informationLONDON BOROUGH OF HAVERING
LONDON BOROUGH OF HAVERING CORPORATE ASSET MANAGEMENT PLAN 2015-2019 Sections LONDON BOROUGH OF HAVERING CORPORATE ASSET MANAGEMENT PLAN CONTENTS 1 Introduction and Context 2 Corporate Vision 3 Policy
More informationProject Management Handbook 2014. "To Understand the Causes of Things"
Management Handbook 2014 "To Understand the Causes of Things" AMENDMENT RECORD This document has been issued and amended as follows: - Isu. Rev. Reason for Issue / revision Date Issued to Team Stakeholders
More informationA Guide to Pre-Application Advice and Fees and Planning Performance Agreements
A Guide to Pre-Application Advice and Fees and Planning Performance Agreements V3 Sept 2014 Contents 1. Introduction 2. The Benefits of Pre-Application Advice 3. How do I obtain pre-application advice?
More informationFee calculation, negotiation and management for architects. 1. Calculating the fee (resource-based) 3. Managing fee collection (cash flow)
Fee calculation, negotiation and management for architects A three part approach: 1. Calculating the fee (resource-based) 2. Negotiating the agreement (adding value) 3. Managing fee collection (cash flow)
More informationCHAPTER 4 TYPES OF COST ESTIMATES
CHAPTER 4 TYPES OF COST ESTIMATES 1. INTRODUCTION All projects, both construction and environmental restoration, require cost estimates to plan and budget the project efficiently. Numerous estimates are
More informationPROJECT PROCUREMENT PROCEDURES AND GUIDELINES
CAPITAL ASSET MANAGEMENT PROJECT PROCUREMENT PROCEDURES AND GUIDELINES June 2003 Updated June 20, 2003 Ministry of Education Province of British Columbia TABLE OF CONTENTS EXECUTIVE SUMMARY... iii 1.0
More informationComhairle nan Eilean Siar Internal Audit Review Project Management and Project Delivery Technical Services department. Final Report 2014/15-21
Comhairle nan Eilean Siar Internal Audit Review Project Management and Project Delivery Technical Services department Final Report 2014/15-21 4 th November 2014 PROJECT MANAGEMENT & PROJECT DELIVERY CONTENTS
More informationEXPRESSION OF INTEREST DESIGN, DOCUMENTATION AND PROJECT MANAGEMENT UNIT COMPLEX - LOT 8955 PALMERSTON
EXPRESSION OF INTEREST DESIGN, DOCUMENTATION AND PROJECT MANAGEMENT UNIT COMPLEX - LOT 8955 PALMERSTON 1 Context The City of Palmerston (CoP) is the owner of 5 Birripa Court (allotment 8955) Rosebery,
More informationBuilding the Asset Information Model
Building the Asset Information Model BIM: Let s Get Started Contractors Survey https://www.surveymonkey.com/s/nfbbim Hypothesis: Government as a client can derive significant improvements in cost, value
More informationProject Cost Control: The Way it Works By R. Max Wideman
Project Cost Control: The Way it Works By R. Max Wideman 12/21/05 In a recent consulting assignment we realized that there was some lack of understanding of the whole system of project cost control, how
More informationENGAGING A LANDSCAPE CONSULTANT GUIDANCE FOR CLIENTS ON FEES SEPTEMBER 2002
ENGAGING A LANDSCAPE CONSULTANT GUIDANCE FOR CLIENTS ON FEES SEPTEMBER 2002 The Landscape Institute 33 Great Portland Street London W1W 8QG Tel: +44 (0)20 7299 4500 Fax: +44 (0)20 7299 4501 Email: mail@llandscapeinstitute.org
More informationThe Client and the Architect
The Client and the Architect Giving the client more than they ever dreamt of within budget and on time? Design & Quality Quality, above all, is about care, people, passion, consistency, eyeball contact
More informationPROFESSIONAL PRACTICE EXAM 27 MARCH 2014
PROFESSIONAL PRACTICE EXAM 27 MARCH 2014 PAPER 1: This is closed book paper. Answer all questions Total marks for this paper - 100 marks Time allowed for Paper 1-3 hours Pass mark for the examination -
More informationEstablishing a Cost Effective Fleet Replacement Program
Establishing a Cost Effective Fleet Replacement Program Regardless of what purpose your company s fleet serves, there are certain fundamentals to keep in mind when designing and implementing a cost-effective
More informationINTERNSHIP TRAINING SCHEME
EAST AFRICA INSTITUTE OF ARCHITECTS INTERNSHIP TRAINING SCHEME (Rules & Guidelines) As Adopted by Council January 26 th 2013 Arusha Tanzania Fee: UGX.2500 KES.85 TZS.1,600 RWF. 650 Table of Contents. Section
More information38. Project Management
Draft 1 - RGU: Master Retention Schedule (MaRS) November 2008 38. Project Management The function of managing projects. The original copy of the records in this section will be held by and. Some records
More informationProfessional fees (South Africa)
Professional fees (South Africa) Sub-menu: Project Managers Architects Quantity Surveyors Civil Structural Engineers for Engineering Projects Civil Engineers for Building Projects Structural Engineers
More informationUoD IT Job Description
UoD IT Job Description Role: Projects Portfolio Manager HERA Grade: 8 Responsible to: Director of IT Accountable for: Day to day leadership of team members and assigned workload Key Relationships: Management
More informationThe 10 Knowledge Areas & ITTOs
This document is part of a series that explain the newly released PMBOK 5th edition. These documents provide simple explanation and summary of the book. However they do not replace the necessity of reading
More informationActivity Schedules in the NEC3 Engineering and Construction Contract
Activity Schedules in the NEC3 Engineering and Construction Contract Prepared by Dr Ron Watermeyer Briefing Note NEC3#2 March 2013 Overview This briefing note outlines the NEC3 provisions for a Activity
More informationTHE PROJECT MANAGEMENT KNOWLEDGE AREAS
THE PROJECT MANAGEMENT KNOWLEDGE AREAS 4. Project Integration Management 5. Project Scope Management 6. Project Time Management 7. Project Cost Management 8. Project Quality Management 9. Project Human
More informationUnderstanding and Monitoring the Cost-Determining Factors of Infrastructure Projects. A User's Guide
Understanding and Monitoring the Cost-Determining Factors of Infrastructure Projects A User's Guide Table of contents 1. Introduction 3 2. Understanding The Project Development Process 4 3. Initial Project
More informationTechnology based Project Management Consulting (T-PMC): Innovate to Reduce Costs
Technology based Project Management Consulting (T-PMC): Innovate to Reduce Costs Graham Freeth, North African Oil and Gas Summit, Tunis, Tunisia October 2009 J P Kenny Offices World Wide Aberdeen Stavanger
More informationCORPORATE PERFORMANCE MANAGEMENT GUIDELINE
-001 CORPORATE PERFORMANCE MANAGEMENT GUIDELINE -001 TABLE OF CONTENTS 1 Introduction... 3 1.1 Scope... 3 1.2 Purpose... 3 2 Performance Management Framework Overview... 4 3 Performance Management Framework...
More informationDotrid International Training Institute
Dotrid International Training Institute Project Management Course for Donor Funded Projects 14 24 May 2013, Cape Town, South Africa 10 21 June 2013, Cape Town, South Africa 8 19 July 2013, Cape Town, SA
More informationREPORT BY THE COMPTROLLER AND AUDITOR GENERAL HC 535 SESSION 2013-14 5 JULY 2013. Department for Culture, Media & Sport. The rural broadband programme
REPORT BY THE COMPTROLLER AND AUDITOR GENERAL HC 535 SESSION 2013-14 5 JULY 2013 Department for Culture, Media & Sport The rural broadband programme 4 Key facts The rural broadband programme Key facts
More informationCost Management Guidelines for. 1 September 2010
Cost Management Guidelines for Public Transport Investment Projects 1 September 2010 Table of Contents Foreword iv 1. Introduction 1 1.1 Purpose Of The Guidelines 1 1.2 Applicability 1 1.2.1 Conventionally
More informationCapital Works Management Framework
POLICY DOCUMENT Capital Works Management Framework Policy for managing risks in the planning and delivery of Queensland Government building projects Department of Public Works The concept of the asset
More informationChapter 12. Introduction to Value Determination
Chapter 12 Value Theory, Highest and Best Use Analysis, and the Cost Approach 11/17/2005 FIN4777 - Special Topics in Real Estate - Professor Rui Yao 1 Introduction to Value Determination Price is usually
More informationTender forms and letters 1. Final accounts 7 Cost items 7 Presenting the final account 9. Retention and defects liability period 11.
Contents Tender forms and letters 1 Final accounts 7 Cost items 7 Presenting the final account 9 Retention and defects liability period 11 Summary 14 Tender forms and letters Often clients/architects require
More informationPOSITION DESCRIPTION
POSITION DESCRIPTION Position Title: Reports to: DEVICES CATEGORY MANAGER MANAGER, DEVICES FUNDING Date: September 2014 PHARMAC S MISSION Our legislative objective is: to secure for eligible people in
More information1 What do you think of the functions performed by the business managers in order to accomplish the organizational goals?
Question Paper Code :GMB11T01 MANAGEMENT AND ORGANIZATIONAL BEHAVI0R 1 What do you think of the functions performed by the business managers in order to accomplish the organizational goals? 2 The variety
More informationChapter 14 Special Report for the Public Accounts Committee Evergreen and Wackenhut Leases
Special Report for the Public Accounts Committee Evergreen and Wackenhut Leases Contents Background.............................................................. 183 Scope...................................................................
More informationSECTION 4: CLAIMS MANAGEMENT
SECTION 4 INDEX SECTION 4: CLAIMS MANAGEMENT PART 1 Adjusters Reports: (all perils) B. All reports; front page format; B. Full reports: i. Main body format; ii. Explanatory notes. C. Abbreviated reports
More informationYour guide to the residential architectural process. A step-by-step guide from Context Architects
Your guide to the residential architectural process A step-by-step guide from Context Architects We know that building a new house or renovating your home can seem daunting and complicated. So we ve produced
More informationGUIDANCE ON PRE APPLICATION ADVICE
Issued 21 st May 2014 1. Introduction GUIDANCE ON PRE APPLICATION ADVICE 1.1 In line with national planning policy, the Council welcomes and encourages discussion before a developer submits an application
More informationAIPM PROFESSIONAL COMPETENCY STANDARDS FOR PROJECT MANAGEMENT PART B CERTIFIED PRACTISING PROJECT PRACTITIONER (CPPP)
AIPM PROFESSIONAL COMPETENCY STANDARDS FOR PROJECT MANAGEMENT PART B CERTIFIED PRACTISING PROJECT PRACTITIONER (CPPP) Copyright: Australian Institute of Project Management Document Information Document
More informationPlanning and Construction Management Services
Planning and Construction Management Services Construction Project Management Services New construction, major renovations or improvements to building structures and systems are part of the Department's
More informationCALL FOR PROPOSALS FOR INSTITUTIONAL CAPACITY DEVELOPMENT 1. BACKGROUND Organizational Context: The National Federal Parliament (NFP) was inaugurated in August 2012, with the selection (by traditional
More informationSingle Stage Light Business Case Template
Better Business Cases Single Stage Light Business Case Template Prepared by: Prepared for: Date: Version: Status: Better Business Cases Single Stage Light Business Case Template Document Control Document
More informationA guide to appointing an architect
A guide to appointing an architect and to being a good client Hurditch Architecture, 24 Botallack, St Just, Penzance, Cornwall, TR19 7EP Page 1 of 7 RIBA Chartered Architects Architects act 1997 In the
More informationTechnical housing standards nationally described space standard
Technical housing standards nationally described space standard March 2015 Department for Communities and Local Government Crown copyright, 2015 Copyright in the typographical arrangement rests with the
More informationSection 106 affordable housing requirements
Section 106 affordable housing requirements Review and appeal April 2013 Department for Communities and Local Government Crown copyright, 2013 Copyright in the typographical arrangement rests with the
More informationHead of Engineering Job Description
Head of Engineering Job Description (Job Code and Level: E006) Definition: Overall responsibility and accountability for the Engineering function across the UK which will include people and budgetary management.
More informationBuilding a Strategic Account Management Practice. Building a Strategic Account
Building a Strategic Account Management Practice Jim Contardi, Leader, Product Solutions and Strategic Sales, First Data James Jacobson, Senior Consultant and Account Coach, Richardson Building a Strategic
More informationDRAKENSTEIN MUNICIPALITY LONG TERM FINANCIAL PLAN
DRAKENSTEIN MUNICIPALITY LONG TERM FINANCIAL PLAN APPROVED 26 MAY 2010 TABLE OF CONTENTS 1. FINANCIAL MANAGEMENT 3 1.1 Introduction 3 2. FINANCIAL STRATEGIES OVERVIEW 3 2.1 General Considerations 3 Social
More informationGreat Aycliffe Town Council. Purchase Ordering and Payment for Goods and Services Policy
Great Aycliffe Town Council Purchase Ordering and Payment for Goods and Services Policy Finance Section April 2013 1.0 Introduction 1.1 This policy sets out the Council s arrangements for ordering, receiving,
More informationAgenda item: Environment & Community Safety Decision meeting
Title of meeting: Agenda item: Environment & Community Safety Decision meeting Date of meeting: 14 th November 2014 Subject: Report by: Wards affected: Key decision: Full Council decision: Waste Disposal
More informationRent to Buy 2015 to 2017
Rent to Buy 2015 to 2017 BIDDING PROSPECTUS September 2014 Rent to Buy Contents Page Number Ministerial Foreword 2 Chapter 1 Overview of the fund 3 Chapter 2 The funding model 4 Chapter 3 Bidding requirements
More informationKnock Down Rebuild. Building Process Building process - knock down rebuild 1
Knock Down Rebuild Building Process Building process - knock down rebuild 1 Building Process Your action Our action REMINDER Pre site Step 1 New Home Selection Congratulations. This marks the start of
More informationChapter 2 INDUSTRIAL BUYING BEHAVIOUR: DECISION MAKING IN PURCHASING
Chapter 1 THE ROLE OF PURCHASING IN THE VALUE CHAIN The role and importance of the purchasing and supply function in the value chain. The difference between concepts such as ordering, buying, purchasing,
More informationJOB VACANCIES. Contract Management & Compliance Officer - Property Services Ref: 254
JOB VACANCIES Contract Management & Compliance Officer - Property Services Ref: 254 Salary Level 7: 25,440-28,746 South Essex Homes are currently looking for a Contract Management & Compliance Officer
More informationAPPENDIX A (CFO/263/09) Merseyside Fire & Rescue Service ICT Outsourcing Procurement Support. Final Report
Merseyside Fire & Rescue Service ICT Outsourcing Procurement Support Final Report Version 1.1 Oct 2009 Contents 1. Executive Summary...3 2. Context and Background...3 3. Deliverables and Value Added...
More informationProcurement Transformation Division. Procurement guidance. Engaging and managing consultants. Includes definitions for consultants and contractors
Procurement guidance Engaging and managing consultants Includes definitions for consultants and contractors Procurement guidance: Engaging and managing consultants Page 2 of 17 Table of contents Table
More informationBest Practice Cost Estimation for Publicly Funded Road and Rail Construction
Department of Infrastructure, Transport, Regional Development and Local Government Best Practice Cost Estimation for Publicly Funded Road and Rail Construction Date 19 June 2008 Table of contents 1 EXECUTIVE
More informationPROJECT AND CONSTRUCTION MANAGEMENT SERVICES FOR KUWAIT PORT AUTHORITY FOR PROJECTS AT SHUAIBA PORT
PROJECT AND CONSTRUCTION MANAGEMENT SERVICES FOR KUWAIT PORT AUTHORITY FOR PROJECTS AT SHUAIBA PORT - INTRODUCTION 1.1. General. Kuwait Ports Authority (KPA) through the Ministry Of Finance (MOF) wishes
More informationIUCN Project Budgeting Guidelines
IUCN Project Budgeting Guidelines Version: 14 February 2014 Issued by: Chief Financial Officer Contents 1. Definition... 2 2. Purpose... 2 3. Budget principles :... 2 4. Budget types... 3 5. Budget structure...
More informationChapter 15. Competitive Negotiation: Evaluating Proposals
Chapter 15. Competitive Negotiation: Evaluating Proposals Summary This chapter describes the steps to be taken in order to properly evaluate each proposal received in response to an RFP. Essential Information
More informationSMS0045 Construction Health and Safety Policy and Procedures
SMS0045 Construction Health and Safety Policy and Procedures March 2015 Version 8 Please note that for projects utilising a CDM Co-ordinator under the transitional arrangements of CDM 2015 (between 6 April
More informationITEM FOR PUBLIC WORKS SUBCOMMITTEE OF FINANCE COMMITTEE
For discussion on 6 May 2015 PWSC(2015-16)13 ITEM FOR PUBLIC WORKS SUBCOMMITTEE OF FINANCE COMMITTEE HEAD 705 CIVIL ENGINEERING Environmental Protection Sewerage and sewage treatment 233DS Sludge treatment
More informationHow To Manage Money Wise
Financial Services for Personal Injury and Clinical Negligence Awards IT S THE RELATIONSHIPS WE FORGE THE KNOWLEDGE WE HAVE AND THE PRINCIPLES WE APPLY ABOUT US Established in 1997 Money Wise Independent
More informationMeasuring, Estimating and Tendering Processes in Construction and the Built Environment
Unit 9: Measuring, Estimating and Tendering Processes in Construction and the Built Environment NQF Level 3: Guided learning hours: 60 BTEC National Unit abstract Estimating is concerned with the processes
More informationReport for The Federation of Small Businesses
Housing development: the economics of small sites the effect of project size on the cost of housing construction Report for The Federation of Small Businesses BCIS August 2015 BCIS is the Building Cost
More informationTime and Materials Invoice Requirements
Time and Materials Invoice Requirements Expense Report for Time and Materials type Contract Page 1 Contents Time and Materials Invoice Requirements... 1 Expense Report Invoice Data Submittal Requirements...
More informationSpecific Responsibilities Associated Performance Measures 1. Excellence in Commercial Management 2. Excellence in Contract Performance
OUR VISION is to be recognised as the leader in infrastructure service provision POSITION DESCRIPTION Commercial Manager National Maintenance Date reviewed: April 2012 EMPLOYEE NAME: Job Purpose: To achieve
More informationCHAPTER 6 PROJECT CASH FLOW
CHAPTER 6 PROJECT CASH FLOW In the previous chapters, techniques for project planning, scheduling, resources management, and timecost trade off have been introduced. This chapter will deal with project
More informationDevelop Project Charter. Develop Project Management Plan
Develop Charter Develop Charter is the process of developing documentation that formally authorizes a project or a phase. The documentation includes initial requirements that satisfy stakeholder needs
More informationGUIDANCE ON PREPARATION & SUBMISSION OF THE 2012-13 BUDGET
GUIDANCE ON PREPARATION & SUBMISSION OF THE 2012-13 BUDGET Introduction You will have been provided with a statement of your provisional Budget Share for the forthcoming financial year. On the basis of
More informationTHE EDUCATION FRAMEWORK FOR MASTERS DEGREE PROGRAMMES
THE EDUCATION FRAMEWORK FOR MASTERS DEGREE PROGRAMMES SECTION 1 General Information about the CIOB INDEX REFERENCE SUBJECT PAGE REFERENCE Section 1 General Information about the CIOB Page 3 1.1 About the
More informationCost components. Why estimate? You may ask; why do we need estimates? Estimating can help to: Total project costs. Profit added FINAL BID
Estimating costs for infrastructure projects is a very complex task which requires a lot of experience. It is important that you understand at least the principles of costing. Why estimate? You may ask;
More informationBills of Quantity. D. Atkinson December 2000. Nature of Bills
Bills of Quantity D. Atkinson December 2000 Nature of Bills Bills of Quantities comprise a list of items of work which are briefly described. The Bills also provide a measure of the extent of work and
More informationelements of costs like material, labour and expenses can be classified into direct and indirect. They are mentioned below. i. Direct and Indirect
3. Costing: [12] Importance and basic principles, a brief introduction to methods of costing and elements of cost. Marginal costing, nature, scope and importance, Break-even analysis, its use and limitations,
More informationUse Search+ to find the most relevant construction leads to help you win more work
Use Search+ to find the most relevant construction leads to help you win more work The new Search+ tool is a simple, effective way of searching Glenigan data using drop-down menus and plain English to
More information[Project Name] NZTA Contract No. [Contract Number] Schedule of Prices
[Project Name] NZTA Contract No. [Contract Number] Schedule of Prices Schedule of Prices SP1
More informationHOW TO BUY A BUSINESS
HOW TO BUY A BUSINESS Buying a business is possibly the most important financial decision you will make. It may consume all your spare cash, cause you to borrow a significant sum of money, determine your
More information(Revised April 12, 2006)
(Revised April 12, 2006) 232.001 Definitions. Incremental funding means the partial funding of a contract or an exercised option, with additional funds anticipated to be provided at a later time. 232.006
More informationCertificate in Construction Project Management
Certificate in Construction Project Management Duration: 6 Months Distance Learning Programme Language: English RICS Member: 895.00 + VAT Non RICS Member 995.00 + VAT Course Summary As a result of the
More informationConsultancy spending controls: Initial Guidance to NHS Trusts
Consultancy spending controls: Initial Guidance to NHS Trusts 1. Summary 1.1 The NHS Trust Development Authority (NHS TDA), Monitor and NHS England (NHSE) are jointly implementing a controls process over
More informationBEST PRACTICE GUIDE 6: ESTABLISHING CONTRACTS. RDTL MINISTRY OF FINANCE Procurement Service
RDTL MINISTRY OF FINANCE Procurement Service BEST PRACTICE GUIDE 6: ESTABLISHING CONTRACTS 1 RDTL Procurement Guidelines The Procurement Legal Regime Decree Law sets out new procurement processes which
More informationSample marketing plan template
Sample marketing plan template Table of Contents 1) Executive summary Page # 2) Situation analysis Page # 3) Marketing strategy Page # 4) Financials Page # 5) Implementation and Contingency Page # http://www.entrepreneurmag.co.za/
More informationUNECE PPP Healthcare Standard
INTERNATIONAL SPECIALIST CENTRE OF EXCELLENCE ON PPPs IN HEALTH MANILA, PHILIPPINES UNECE PPP Healthcare Standard Questions on lessons learned in the development of Public-Private Partnership ( PPP ) programmes
More information