Level 3 Flashcards
What additional scope items were included for WHBG?
Additional scope items included:
installation of a new fire alarm system, previously works was to modify existing
Refurbishment of existing WC’s, previously was only a ‘deep clean’ included within the contract.
Quayside – In the context of a cost report, what is a dashboard?
A dashboard is a visual aid for the client with all necessary project information
31BHS – Does instructing out works have any impact on the end date?
No, the works were non statutory signage e.g. external signage outside, there was no requirement to complete the work (not on critical path)
As it was not procured by the contractor as the client hadn’t provided their sign off for the signage design yet, it was agreed that this works could be instructed out and carried out by an incumbent contractor separate to the main building contract.
31BHS Contingency - How had this changed from earlier stages?
There were a number of compensation events that were included, so the contingency allowance dwindled, some of the CE’s included:
Requirement for cooling to the whole stairwell (circa 20k)
Floor layout change circa 35k
Cost of bathroom refurb circa 15k
Replacement of blinds 10k
31BHS - How could some of these additional works be instructed without them impacted the completion date?
These works were considered additional scope and therefore not on the critical path / affecting programmed works
- WHBG – Were you issuing cost reports every week?
No I was presenting WIP versions of the cost report every week with updated figures, however did not issue a new cost report every week
What if your client advised you to issue a cost report every week for WHBG?
I would advise them that a weekly cost report is outside of my scope of service set out at appointment, and that additional fee would need to be incurred to facilitate this
If the client advised you to issue a cost report every week for WHBG, what impact would there be on deliverables and what could be done to mitigate this?
It would have an affect on carrying out my other outputs for the project e.g. valuations, comp event agreement and early warning input. I would look to mitigate this by (if fee allowed) getting an extra resource to help out with the cost report.
What are unapproved changes in JCT cost reporting?
They are changes/variations that the client has not accepted yet
What forms the forecast final account within quayside lodge?
Contract sum
Adjustment for provisional sums
Adjustment for prime cost sums
Contract Instructions
Unnaproved instructions
loss and expense
WHBG – what is the difference between EW and risk in NEC4?
Within NEC4, they are the same, however at contract signing, with the contract docs we had a risk register, this then evolved into an early warning register
What are the CE contractual timescales?
ANSWER
How can you yourself calculate cashflow on a project
You can take the package costs and map them against the programme, to provide an anticipated cashflow
