1.4 Sources of Cost Data

Question 1

What are the sources of cost data that you could use when preparing your estimates / cost plan?

Answer 1

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Question 2

What are the advantages and disadvantages of using BCIS cost data?

Answer 2

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Question 3

What are the advantages and disadvantages of using Pricing Books cost data?

Answer 3

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Question 4

What are the advantages and disadvantages of using in house cost data?

Answer 4

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Question 5

What information do you need to know about the origin of cost data?

Answer 5

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Question 6

What would you do to ensure data was accurate?

Answer 6

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Question 7

What does BCIS stand for?

Answer 7

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Question 8

Who publishes BCIS?

Answer 8

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Question 9

When would you use Spons?

Answer 9

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Question 10

Tell me about your in house cost data base?

Answer 10

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Question 11

Give an example where you will find a functional unit rate?

Answer 11

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Question 12

Give an example where you will find a GIFA rate?

Answer 12

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Question 13

Give an example where you will find an elemental unit rate?

Answer 13

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Question 14

Give an example where you will find a component unit rate?

Answer 14

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Question 15

Where would you look for data on maintenance cost of buildings?

Answer 15

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Question 16

What cautions must be undertaken when using data from BCIS and Price books?

Answer 16

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Question 17

Can you use cost data from frameworks? Why?

Answer 17

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Question 18

Can you use cost data from final accounts? Why?

Answer 18

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Question 19

How would you adjust for cladding of a building given the shape of the building is different to the cost data you currently have?

Answer 19

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