Quantification and Costing Flashcards

1
Q

What are the different NRM documents?

A

NRM 1: Order of cost estimating and cost planning for capital building works
NRM 2: Detailed measurement for building works
RM 3: Order of cost estimating and cost planning for building maintenance works

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1
Q

What is NRM?

A
  • It is a suite of documents issued by the RICS
  • They are a standard set of measurement rules that are understandable by anyone involved in a construction project
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2
Q

What is CESMM?

A
  • The Civil Engineering Standard Method of Measurement is written by the institute of civil engineers
  • Sets out the procedure to which BoQ’s should be prepared and priced and the quantities measured
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3
Q

What is the Rail Method of Measurement?

A
  • Developed by Network Rail
  • Provides a consistent basis for description, measurement and allocation of cost for railway works
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4
Q

What is first principles estimating?

A
  • The method of preparing cost estimates by calculating the rate, , quantity, labour hours and rate of productivity to complete a task
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5
Q

What is a bill of quantities?

A
  • Used to provide the estimator with an accurate breakdown of the scope of works and provide a common basis for pricing
  • The BoQ forms the basis of the tender analysis following the accurate like for like comparison to be undertaken
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6
Q

Are you aware of the Code of Measuring Practise?

A
  • A document published by the RICS proving precise definitions to permit the accurate and consistent measurement of buildings
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7
Q

Can you give an example of some of the rules within NRM2?

A

For excavating and filling:
- Locate underground services
- Trial pits to locate services
- Boreholes to determine ground conditions

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8
Q

What’s the difference between a take off and BoQ?

A
  • Take off is a list of materials with quantities
  • BoQ is a detailed statement of work, prices and dimensions required to build a structure
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9
Q

How would you determine what a sufficient allowance is for an upcoming change?

A
  • I would price the change on a fair an reasonable forecast of defined cost and include a risk allowance that has a significant chance of happening
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10
Q

Outline how you would prepare an application for payment on an NEC Option C contract

A
  • I would input the cost from the project ledger and remove any disallowable costs (any costs that aren’t included within the schedule of cost components)
  • Input the monthly assessment of Subcontractor costs
  • Add any plant and equipment accruals that aren’t included on the ledger
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11
Q

Describe how you have priced some work from first principles

A

When undertaking the pricing on the Fast Platform I had to calculate the square meterage of block paving
Therefore I had to break down the pricing into:
- the square meterage of paving required
- the price per square metre of materials
- the amount of paving that could be laid per hour
- the number of operatives required to required to achieve that output
- any plant or equipment required to facilitate the install

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