Lecture 17 - 1 CVEN 349: Civil Engineering CVEN 349: Civil...

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Unformatted text preview: 1 CVEN 349: Civil Engineering CVEN 349: Civil Engineering Project Management Project Management LECTURE # 17 Fall 2009 Dr. Ivan Damnjanovic Estimating Methods Estimating Methods Unit pricing Resource enumeration Unit Pricing Unit Pricing Once we know the unit quantity, we can calculate a total cost by: unit quantity x unit cost Unit pricing values are available in many Unit pricing values are available in many references: RS Means Company. Building Construction Cost Data FR Walkers The Building Estimators Reference Book 2 What is included in Unit Cost? What is included in Unit Cost? Cost of resources Cost of resources Production rate of resources Production rate of resources Problems with Unit Cost Method Problems with Unit Cost Method Problems: Often no record of crews, cost and production rate Cost will vary over time Solution: Keep the data on men-hour or resource- hour per unit value for each item 3 Resource Hour per Unit Resource Hour per Unit...
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This note was uploaded on 05/28/2010 for the course CVEN 349 taught by Professor Damjanovic during the Fall '09 term at Texas A&M.

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Lecture 17 - 1 CVEN 349: Civil Engineering CVEN 349: Civil...

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