Level 2 Flashcards
Doing (4 cards)
What was the value engineering process you applied to Private Patient Unit at poole hospital
I identified the quality, function and costs of materials to identify which elements could be adjusted whilematinaing the clients objectives including painting and wrapping existing doors than replacement and natural ventilation than mechanical AHU.
What made up the cost of wrapping existing doors
Labour plant and material including the removal, wrap and reinstallation.
How do you calculate overheads and profit cost for the project? What is included in the overheads a profit costs build up?
Refer to NRM1: The total cost can be calculated by: C = (a + b) x p Buildings works estimate plus preliminaries estimate times by percentage for main contractors overheads and profit = main contractors overheads and profit estimate.
OHP includes %
Overheads = head office setup costs and administration proportioned to each contract (commercially driven by main contractor)
Profit includes %
Net profit that main contractor needs to achieve.
How did you uplift the tender price for children’s recovery at RBH? How did you ensure costs were up to date at each stage of project? How did you manage and monitor risk costs?
Normally use TPI from BCIS however client required public sector indices provided by their internal cost consultants to uplift the cost plans. Updated when the programme changed, reassessing construction costs at each quarter making sure updated in line with inflation and quotations received on projects. Reviewed with the design team the risk register and continuously updated the costs in accordance with mitigations.