TOPIC 1- COST PLANNING

DEFINITION OF COST PLANNING ?

• Process of thinking about

  activities / technique /

  methods in controlling the

  cost of a project so that it

  will not exceed the

  preliminary estimate at the

  design stage

• Process of thinking about

  activities, technique,

  methods in controlling the

  cost of a project so that it

  will not exceed the

  preliminary estimate at the

  construction stage

• a

  symbolic process thinking

  representation of the

  possible cost incurred

  for a certain building or

  construction project

What method for getting the cost target can be calculated by obtaining

the average cost of similar accommodation

• PREVIOUS COST ANALYSIS

• APPROXIMATE QUANTITIES

• ADJUSTMENT PRICE LEVEL

• FIXED COST

Cost check over than Cost target

• Redesign

  the elements so cost

  target is not changing.

• Ask additional

  money from client

• Cost is established

  and agreed upon

• Cut the cost

PHASE 2

DESIGN TO COST

TO COST TARGET

PHASE 2

• INCEPTION

• OUTLINE PROPOSAL

• SCHEME DESIGN

• DETAIL DESIGN

• BQ

What activities involve improving and updating costs?

• ADJUSTING PRICE LEVEL

• ADJUSTING QUALITY

• ADJUSTING DETAIL DESIGN

• ADJUSTING THE QUANTITY

ROLES AND DUTIES OF ARCHITECTS?

Explain your understanding of cost planning with a drawing or illustration.