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Project ID : 1011

Project Name : Study on project cost estimation techniques in construction project

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Project Report Table of Content

CHAPTER 1 - INTRODUCTION ............................................................................................. 5

1.1 Introduction to estimation: ............................................................................................... 5
1.2 Rationale of the study: ..................................................................................................... 5
1.3 Aim of the study: ............................................................................................................. 6
1.4 Problem Statement: .......................................................................................................... 7
1.5 Need for the Study ........................................................................................................... 8
CHAPTER 2 - INDUSTRY PROFILE ..................................................................................... 9
2.1 World Construction Industry ......................................................................................... 10
2.2 Construction Industry Trends ........................................................................................ 11
2.3 Construction Industry Research ..................................................................................... 13
2.4 Residential Construction Industry.................................................................................. 14
2.5 Commercial Construction Industry ................................................................................ 16
Chapter 3 - Organization Profile ............................................................................................. 18
Unique Construction ............................................................................................................ 18
CHAPTER 4 - LITERATURE SURVEY ............................................................................... 19
4.1 Introduction .................................................................................................................... 19
4.2 Definitions..................................................................................................................... 20
4.3 Work Breakdown Structure (WBS) ............................................................................... 21
4.4 Coding Systems ............................................................................................................. 22
4.5 Database and Information for Estimating ...................................................................... 23
4.6 Competition in Construction Projects ............................................................................ 24
4.7 Basic Tools Required for Cost Estimating..................................................................... 24
4.8 Stages of Estimating ...................................................................................................... 26

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 4.9 Cost Estimates Categories.............................................................................................. 27
4.10 The Factors Affecting Construction Cost Estimate: .................................................... 31
4.11 The Classification of Construction Costs .................................................................... 32
4.12 The Estimating Process ................................................................................................ 37
4.13 Assessment of Risk and Profit Allowances ................................................................. 37
4.14 Writing Up of the Bill for Submission......................................................................... 38
4.15 Pitfalls and Common Errors to Avoid in Cost Estimating ........................................... 38
4.16 Cost Estimate and Cost Control ................................................................................... 38
CHAPTER 5 - OBJECTIVES OF THE STUDY .................................................................... 40
5.1 Objectives of the study: ................................................................................................. 40
CHAPTER 6 - RESEARCH METHODOLOGY .................................................................... 41
6.1 Introduction .................................................................................................................... 41
6.2 Research Strategy........................................................................................................... 41
6.3 Research Design............................................................................................................. 42
6.4 Research Population....................................................................................................... 43
6.5 Questionnaire Design ..................................................................................................... 44
6.6 Pilot Study...................................................................................................................... 45
6.7 Data coding: ................................................................................................................... 45
6.8 Data Source .................................................................................................................... 45
CHAPTER 7 - ANALYSIS ..................................................................................................... 47
7.1 Introduction .................................................................................................................... 47
7.2 Results and Discussion .................................................................................................. 47
CHAPTER 8 - CONCLUSIONS & RECOMMENDATIONS ............................................... 60
8.1 Findings.......................................................................................................................... 60
8.2 Conclusion: .................................................................................................................... 61
8.3 Recommendations: ......................................................................................................... 62
BIBLIOGRAPHY: ................................................................................................................... 63
ANNEXURE - QUESTIONNAIRE ........................................................................................ 65

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 Project Synopsis Table of Content

1. Introduction .................................................................................................................... 2
2. Scope of the Study / Problem Statement ........................................................................ 3
3. Objectives of Study ........................................................................................................ 3
5. Research Methodology ................................................................................................... 5
6. Project Analysis Plan: ..................................................................................................... 7
7. Limitation of the study: .................................................................................................. 7
8. Chapter Design: .............................................................................................................. 7
9. Reference: ....................................................................................................................... 8

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