SESSION 1: Introduction
1. What - Defining estimate, cost and price
2. Why - Importance of estimating, costing and pricing
3. Where – Uses of estimating, costing and pricing
4. When – Competitive bidding in action
5. Definitions
SESSION 2: Contextual Framework
1. Role-players
2. Standards and uniformity
3. Procurement and tendering
4. Types and forms of contracts
5. Pricing and contracting strategies
6. Specifications and quality requirements
7. The programme
8. Available software
SESSION 3: General Principles
1. Establishment and P&G
2. Securities and insurances
3. Escalation
4. Pricing data and standard units
5. Schedule of quantities (BOQ)
SESSION 4: Measurement
1. Field investigation
2. Units of measurement
3. Rules of measurement 4. Coding, numbering and the preparation of the SoQ (include activity)
INTRODUCTION
· Definitions, importance and uses of estimating, costing and pricing
· Competitive bidding in action
· Definitions
CONTEXTUAL FRAMEWORK
· Role-players
· Standards, uniformity, types and forms of contracts
· Pricing and contracting strategies
· Available software
GENERAL PRINCIPLES
· Establishment, P&G, securities, insurances and escalation
· Pricing data and standard units
· Schedule of quantities (BOQ)
MEASUREMENT
· Field investigation
· Units and rules of measurement
· Coding, numbering and the preparation of the SoQ
QUANTITY ESTIMATING
· Types of estimating
· Accuracy of the estimation
· Using the Schedule of Quantities
· Day works and common pitfalls
CLIENT COSTING
· Change management
· Accuracy of costing
· Fixed, variable, direct and indirect costs
· Hidden costs and contingencies
TENDERER PRICING
· Site visits and investigation
· Keeping records and collecting information
· Production determination, profits and mark-up
· Time calculation VS client requirement
CONTRACT COMPLETION
· Recording of information · Cash flow, S-curves and cost management |
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Dates and Times: |
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Type: | Course |
Venue: | Westville Conference Centre, Durban |
Fee: |
R 5 695.65 excl. VAT CESA / SAICE member fee: R5 090.40 excl. VAT |
CESA Validation Num: | CESA-860-05/2019 |
CPD Points: | 2 |
Coordinator: | Blessings Banda |