PLANNING CONSTRUCTION COSTS

• CLASSIFICATION OF CONSTRUCTION
COSTS
• UNIT RATE COSTING STANDARDS
• WORK PACKAGE STANDARD COST
• STANDARD S- CURVE FORECASTING TOOL
 CLASSIFICATION OF CONSTRUCTION
COSTS
DIRECT COSTS INDIRECT COSTS
• DIRECT LABOUR • PRODUCTION
COSTS OVERHEAD
• DIRECT MATERIALS • EXTERNAL SUPPORT
COSTS SERVICES COSTS
• DIRECT EXPENSES • ADMINISTARION
OVERHEADS
• HOME OFFICE
OVERHEADS
UNIT RATE COSTING STANDARDS
LABOUR COST = LABOUR EFFORT IN MAN-HOURS *STD.
HOURLY LABOUR RATE

EQUIPMENT UTILIZATION COST= EQUIPMENT UTILIZATION

HOURS* STD. EQUIPMENT HOURLY RATE

MATERIALS COST = MATERIALS CONSUMPTION QUANTITY* STD.

MATERIALS UNIT PRICE
BREAK-EVEN ANALYSIS