| Formatted contents note |
CHAPTER 1 THE MAIN PARTICIPATORS<br/>Landowners, Traditional landowners, Industrial and commercial landowners, Financial landowners, Private developers, Public sector and government agencies, Planners, Financial institutions, Agents, Building contractors, Architect, Space planner, Structural engineer, Building services engineer Quantity surveyor, Environmental consultant, Building surveyor, Lawyers, Accountants, Valuation surveyors, Facilities management consultant, Project management, Objectors, Occupiers.<br/>CHAPTER 2 SOURCES OF FINANCE <br/>Insurance companies and pension funds, Banks, Clearing banks, Merchant banks, Private person, Building Societies, Government and EC funding.<br/>CHAPTER 3 VALUATION AND DEVELOPMENT APPRAISAL<br/>Introduction, Cost elements, Cost of the land, Legal and professional fees in acquiring the land, Gross building size and lettable land, Construction costs, Professional fees, Development and construction period, Costs associated with facilities management, Disposal costs, Cost of finance, Rental income, Administrative costs of leasing, Contingencies, Required profit, Yield, Development valuation techniques, Comparative method, Residual method, Discounted cash flow analysis, Comparison of Residual method and Discounted cash flow, Risk Analysis and sensitivity analysis, Mathematics of valuation.<br/>CHAPTER 4 INTRODUCTION TO DESIGN ECONOMICS<br/>RIBA plan of work, Factors effecting the cost of the building, the site, Size and scale of project, Usable and non-usable space, Plan of building or footprint, Height, Storey height, Buildability and construction, De-construction.<br/>CHAPTER 5 APPROXIMATE ESTIMATING<br/>Introduction, Methods, Functional unit method, Superficial area method, Elemental cost plan, Approximate quantities techniques. <br/>CHAPTER 6 WHOLE LIFE COSTING (WLC) & LIFE CYCLE ANALYSIS (LCA)<br/>Definitions, Introduction, Costs, Period of analysis, Factors effecting life expectancy, Data for whole life costing Issues to be considered at the design stage for whole life costing, Is whole life costing effective, Life cycle assessment, whole building environmental assessment The future and sustainable building development.<br/>CHAPTER 7 VALUE MANAGEMENT OR ENGINEERING<br/>Introduction, Functional performance, Methodology or sequence of events, Orientation, Information, Speculation or creativity, Analysis and evaluation, Development, selection, Conclusion and feedback, when should Value engineering be applied, Functional analysis method, Function cluster groups.<br/>CHAPTER 8 PROCUREMENT METHODS AND TYPES OF CONTRACT<br/>Introduction, Types of procurement, Traditional, design and Build, Construction Management, Managing contracting, Partnering, Alliancing, Private public partnerships and private finance initiatives, Prime costing, Procedure 21, Apportioning risk.<br/>CHAPTER 9 STANDARD METHOD OF MEASUREMENT AND BILLS OF QUANTITIES<br/>Introduction, Standard method of measurement, Composition of SMM7, Preliminaries, Preliminaries classification expounded, General project details, Contractual matters, Employers¿ requirements, Contractors¿ general cost items, The Bills of quantities, Producing the Bills of quantities<br/>CHAPTER 10 ESTIMATING AND TENDERING PROCEDURES<br/>Introduction, Selection and invitation to tender, Tender documentation, The decision to tender, Managing the estimating process, Completing the bills, Building up costs of an item, Calculating the labour costs, Average annual working hours available, Calculation of total wage cost, Labour production rates, Building up material rates, The cost of plant, Calculating and pricing unit rates, Costing the preliminaries, Subcontractors and suppliers quotations, Named sub-contractors, Domestic sub-contractors, Labour only and labour and plant only sub-contractors, Construction Industry scheme certificate, Selection and invitation to tender (subcontractor) Opening of tenders, Suppliers quotations, Method statements tender programme,, cash flow, Overheads and profits, Final review meeting, Final adjustment and submitting the tender documents, Vetting tenders, Risk and uncertainty in estimating, Computerised estimating.<br/>CHAPTER 11 BIDDING STRATEGY<br/>Introduction, Comparisons with competitors, Accuracy of the estimate, Number of competitors, Summary<br/>CHAPTER 12 PURCHASING <br/>Ethics, Fair price, Procedures for procuring suppliers and subcontractors, Preferred suppliers and sub-contractors, Supply chain management<br/>CHAPTER 13 POST CONTRACT COST CONTROL<br/>Introduction, Pareto¿s law, Basic needs of a cost control system for the contractor and the employer, Cash flow, Further refinements, Monitoring using S-curve, Saw tooth diagram, Bad practices.<br/>CHAPTER 14 INTERIM VALUATIONS, CLAIMS & VARIATIONS<br/>JCT clauses, Materials on site, Elements of a valuation, Introduction to claims, Extension of time, Cost centres, Site establishment costs, Head office overheads, Visiting head office staff, Uneconomical working, Uneconomical procurement, Loss of profit, Acceleration, Third part settlements, Inflation, Financing other cost centres, Financing retentions, Interest for non-payment, Cost of producing a claim, Introduction to variations, Valuations rules, Example calculations.<br/>CHAPTER 15 POST CONTRACT COST SYSTEMS<br/>Introduction, Budget costs, Actual costs, Direct labour costing systems, Historical, Forecasting and predicting, Package costing. |