Professional Documents
Culture Documents
Assignment 1 - 2021 Explained
Assignment 1 - 2021 Explained
explained
1
Assignment 1
+50%A report on the factors that +55%
influence on the accuracy of
early-stage construction cost
estimate based on a designed
real-life construction project
scenario.
Estimator
+40%
?????? 2
Key Instructions
0 Word limit: Total of
2000 words (+/-10%)
excluding references
and appendices.
0 Preliminary estimating
method (500 words)
0 Analysis of factors
(1000 words)
3
Key Instructions
4
Assignment 1
0 You are
required
to select
ONE
project
from
Table 1
5
Assignment 1
0 There are three tasks to be done in this
assignment.
6
Assignment 1
0 There are three tasks to be done in this assignment.
Task 2 : Details of the preliminary estimating method adopted in
preparing the early stage construction cost estimate
0 You are required to include ;
0 Preliminary estimating method used
E.g. Superficial floor area method (describe how this method was used for the chosen project to prepare the early
stage cost estimate and why this method was selected)
0 What were the assumptions made when preparing the preliminary estimate ?
8
Assignment 1
0 There are three tasks to be done in this
assignment.
Task 3 continued…
0 Select factors
E.g. of an influencing factor :
1. Plant, labour, material shortage and price
escalations :
0 Analyze factors by providing supporting evidences
E.g. for the above factor You could :
0 Compare material, labour and plant market information (availability
and price)at the time when the estimate was prepared and the actual
construction happened
0 Provide information on drastic construction boom in Sydney / Sydney
suburbs during 2016 – 2018
0 Include what % of cost (approximate) of the project was affected with
this factor
0 Include some other facts to support your argument
(Your facts should support the argument “though you allowed adequately
for price escalations in your estimate, drastic change in construction
volume during the affected period impacted on the accuracy of your
estimate)
9
Assignment 1
0 There are three tasks to be done in this
assignment.
Task 3 continued…
0 Select factors
E.g. of an influencing factor :
1. adverse weather conditions (droughts) made
site operations difficult :
0 Analyze factors by providing supporting evidences
E.g. for the above factor You could :
0 Compare the weather condition in Wagga Wagga (temperature,
amount of rain) at the time when the estimate was prepared and the
actual construction happened
0 Provide information on droughts condition in Wagga Wagga and
regional NSW during 2016 – 2018
0 Include what site operations were affected by drought condition and
how it affected
0 Include what % of cost (approximate) of the project was affected with
this factor
0 Include some other facts to support your argument
(Your facts should support the argument “though you allowed adequately
for adverse weather conditions in your estimate, unpredicted severe
drought condition impacted on the accuracy of your estimate)
10
Assignment 1
0 Suggested information sources :
0 lecturers and tutorials
0 Published information : Text books, price books, research
papers, newspapers, websites etc.
0 Information from the industry sources :
Example : Developers, Consultants, Contractors, Material suppliers etc.
0 Information from relevant authorities and institutions
Example : Banks, councils etc.
The evidence of data collection from above sources should be
provided in Appendices
11
Marking Criteria
High Distinction (26 or more/30)
[10 marks]
[10 marks]
12
For Referencing
All sources of information, including any interviews undertaken with
building firms, which contributed to your assignment, must be
acknowledged and referenced using WSU Harvard referencing.
13
Back to main slides