The total cost of a construction project is the sum of direct and indirect cost components
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The total cost of a construction project is the sum of direct and indirect cost components

Question 21

The total cost of a construction project is the sum of direct and indirect cost components. Briefly discuss these cost components in relation to a multi-story office building.

Question 22

Explain the difference between elemental cost breakdown and a trade cost breakdown of a building project. Identify four trades involved in "Floor Finishes" element.

Question 23

Explain what is pricing from first principles. Identify cost components of a unit rate price of "In-situ concrete in slab" using first principles.

Question 24

A public client approached you seeking advice on a suitable tendering method for their proposed five-year multiple school construction programme. How would you advice this client?

Hint
Accounts & Finance21) Components CostLand                       12 lack per square feetSite Clearance 1,000-5,000 square feetExternal Works 1,500 square feet to 2,500 square feetLandscape works 1,000, to 3,000 per square feetLawyers fees $250 to $ 400-hour...
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