J-Project Budget Flashcards
Percentage of construction cost
Mechanical
15% of design fees
Percentage of construction cost
Architecture
10% of construction cost
Percentage of construction cost
Electrical
12.5% of design fees
Percentage of construction cost
Civil
10.5% of design fees
Percentage of construction cost
Structural
9.4% of design fees
Traditional contractor fees:
General overhead
8 to 10% value of firm value
Traditional contractor fees:
Project overhead
4 to 10% of construction cost
Traditional contractor fees:
Profit
Small job
15 to 20% on small job
Traditional contractor fees:
Profit
Large jobs
10 to 15% large jobs
Traditional contractor fees:
Profit
Very Large jobs
5 to 10% very large jobs
How much of the construction fee is surveys, testing, fees, FF&E
15%
Of traditional construction fees
Contractors overhead and profit equals
15-40% of the construction cost
Construction budget is usually this percentage of the construction cost
85% with the other 15% being surveys, testing etc.
Appropriate type of cost estimating at
PrePlanning/proposal
Unit costs
The cost per person, cost per bed, cost per square foot, etc.
Appropriate type of cost estimating at
Programming
Starting unit cost system
(Cost per square foot)
Based on similar building types and functions of spaces
Appropriate type of cost estimating at
Schematic design
Based on major elements of each building system
Mechanical, electrical, plumbing, structure,
Appropriate type of cost estimating at
Design Development
Based on detail components
curtain walls, storefronts, lay in ceilings, etc.
Appropriate type of cost estimating at
Construction documents
Unit rates
For construction components, assemblies and systems
Typical phase breakdown for architectural services:
Schematic design
15% schematic design
Typical phase breakdown for architectural services:
Design development
15% design development
Typical phase breakdown for architectural services:
Construction documents
35% construction documents
Typical phase breakdown for architectural services:
Bid/negotiation
5% bid/negotiation
Typical phase breakdown for architectural services:
Construction administration
30% construction administration
Typical phase breakdown for architectural services:
Project closeout
Sometimes project closeout is broken out to about 2 to 5%
The critical path method is an example of this type of this type of diagram
Network diagram
Fast tracking can typically reduce project time bye
10 to 30%
