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CPCCBC4004A Identified And Produce Estimated Costs For Building

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From the site plan in Project 1, estimate the cost of a variation to provide the front fence as detailed on the plan. As the work is minor in extent, there is no need to measure in trade order but the tasks should be sequenced as they would occur in the construction process. Your builder’s bill should be prepared in P10 format.You can assume the site has been surveyed and identified with survey pegs to allow an easy set-out for the construction of the fence. Your builder’s bill should include the costing of the tasks identified and include a builder’s margin and GST. You should also nominate an appropriate ‘extension of time’ for the contract period to be extended if you believe it is
Reflecting on your answer for Part A, please answer the following questions:
1. Explain the basis of your calculation of the labour component of installing the metal panels
2. As this is a variation, will all the labour components be priced at the same rate as the work in the main project which has been tendered on? Explain your answer.
3. Charge out rates for directly employed labour can be higher than sub-contract rates.Have you utilised any directly employed labour in your costing? If so, nominate the component and explain how you costed the rate. Note: at the very least there should be a cost for supervision of the work.
4. Is there any danger in the work associated with procuring and fixing the sandstone capping? Elaborate on your answer and explain how you will cover any risks identified. 
1. Briefly discuss the benefit of estimating the cost of a task by separately costing the materials, labour and plant required.
2. List the considerations that would affect your decision on whether to tender on a project or not.
3. When estimating the cost of excavation, what are the factors which determine the size of plant needed to complete the task?
4. What does the builder’s margin include?
5. Why do engineering drawings take precedence over architectural drawings when estimating and constructing a project?
6. Why are many components of the construction process sub-contracted out to other parties?
7. Discuss the issues with obtaining quotations from specialist trades or companies with whom you have no previous association and no direct knowledge of.
8. List the on-costs associated with directly employed labour.
9. List five (5) conditions of a contract which may produce a cost on the project and therefore should be included in your bill of quantities.
10. Discuss how you would calculate the labour cost to complete a task when you have no knowledge of the time involved to carry out the work.
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