DEDAN KIMATHI UNIVERSITY OF TECHNOLOGY

TBD 4105 – Construction Economics.

Assignment I

Life cycle costs in a building consists of the actual construction costs plus the operating and
maintenance costs during its entire lifetime. Briefly describe these costs under the following
headings.

(i) Hard costs 2½mks

(ii) Soft costs 2½mks
(iii) Costs in use 2½mks

Assignment II

Briefly explain at least three data collection methods applicable when preparing a project
cost estimate. 7½ mks