Cost Assignment 2
Cost Assignment 2
Cost Assignment 2
Faculty of Engineering
Module Details
Module Code CE 3211 Module Title Civil Engineering Cost and Project Management
Program: SLIIT Course: BSc (Eng)
Stream: Civil
Assessment details
Title Assignment 2 Group assignment YES
If yes, Group No.
Lecturer/ Instructor Mr. Felix Date of Performance 10/04/2018
Due date 01/05/2018 Date submitted 01/05/2018
All academic misconduct is considered seriously and defined as dishonest and in direct opposition to the values of a learning community.
Misconduct may result in penalties from failure to exclusion from the campus.
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EN16509696 U.Y.M.Kiringoda
EN16502284 Senevirathne S.M.
Marks: [ All marks are subject to external moderation and approval of board of
examinations]
Sri Lanka Institute of Information Technology
Civil Engineering
Cost and Project Management
Assignment 2
0
Table of Contents
Introduction ............................................................................................................................................ 2
Gantt Chart ............................................................................................................................................. 4
Calculations ............................................................................................................................................. 6
Bill of Quantities...................................................................................................................................... 8
Cash Flow ................................................................................................................................................ 9
Conclusion ............................................................................................................................................. 12
List of Figures
List of Tables
Table 1: Gantt Chart ................................................................................................................... 4
Table 2: Material, Equipment and Labour Prices ...................................................................... 5
Table 3: Estimating Data ............................................................................................................ 5
Table 4: Bill of Quantities ........................................................................................................... 8
Table 5: Cash Flow ..................................................................................................................... 9
1
Introduction
The project is to construct an open sub surface water tank to collect rainwater. It is designed
as a reinforced concrete structure. The tank is raised from the ground to prevent any
contamination from ground water. The construction period of the project is twelve weeks.
Project details
2
Figure 2: Section X-X
3
Gantt Chart
Week
Description 1 2 3 4 5 6 7 8 9 10 11 12
Preliminaries
Excavation
Backfilling
Demobilisation
4
Table 2: Material, Equipment and Labour Prices
5
Calculations
Calculation of quantities
𝐸𝑥𝑐𝑎𝑣𝑎𝑡𝑖𝑜𝑛 𝑣𝑜𝑙𝑢𝑚𝑒 = 10 × 6 × 1
𝐸𝑥𝑐𝑎𝑣𝑎𝑡𝑖𝑜𝑛 𝑣𝑜𝑙𝑢𝑚𝑒 = 60𝑚3
𝑅𝑒𝑖𝑛𝑓𝑜𝑟𝑐𝑒𝑚𝑒𝑛𝑡 𝑓𝑜𝑟 𝑤𝑎𝑙𝑙𝑠 = 2 × (∑ 𝑐𝑟𝑜𝑠𝑠 𝑠𝑒𝑐𝑡𝑖𝑜𝑛𝑎𝑙 𝑎𝑟𝑒𝑎) × 0.015 × (1.4 − 0.18) × 𝜌𝑡𝑜𝑟 𝑠𝑡𝑒𝑒𝑙
𝑅𝑒𝑖𝑛𝑓𝑜𝑟𝑐𝑒𝑚𝑒𝑛𝑡 𝑓𝑜𝑟 𝑤𝑎𝑙𝑙𝑠 = 2 × ((8 × 0.18) + ((4 − 0.36) × 0.18)) × 0.015 × 1.22 × 7850
𝐹𝑜𝑟𝑚𝑤𝑜𝑟𝑘 = 61.12𝑚2
𝐶𝑜𝑛𝑐𝑟𝑒𝑡𝑒 𝑓𝑜𝑟 𝑤𝑎𝑙𝑙𝑠 = 2 × ((8 × 0.18) + ((4 − 0.36) × 0.18)) × 1.22 × 0.985
6
𝐵𝑎𝑐𝑘𝑓𝑖𝑙𝑙 𝑣𝑜𝑙𝑢𝑚𝑒 = ((10 × 6) − (8 × 4)) × 1.2
Calculation of rates
0.2
𝑅𝑒𝑚𝑜𝑣𝑎𝑙 𝑜𝑓 𝑡𝑜𝑝 𝑠𝑜𝑖𝑙 = (2 × 3000 + 0.2 × 4000 + 0.2 × 2500) ×
10
𝑅𝑒𝑚𝑜𝑣𝑎𝑙 𝑜𝑓 𝑡𝑜𝑝 𝑠𝑜𝑖𝑙 = 𝑅𝑠. 146.00 𝑝𝑒𝑟 𝑚2
𝐹𝑜𝑟𝑚𝑤𝑜𝑟𝑘 = (1.2 × 600 + 3 × 300 + 0.1 × 200 + 0.1 × 4000 + 0.2 × 2500)
𝐹𝑜𝑟𝑚𝑤𝑜𝑟𝑘 = 𝑅𝑠. 2,540.00 𝑝𝑒𝑟 𝑚2
7
Bill of Quantities
8
Table 5: Cash Flow
Week
Description 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Preliminaries 20,000.00
Cash Flow
Removal of top
8,760.00
soil
Excavation 43,800.00
Reinforcement
46,120.32 46,120.32
for base slab
Grade 30
111,713.18
concrete for slab
Reinforcement
40,934.09 40,934.09
for walls
Formwork for
77,626.46 77,626.46
9
walls
Grade 30
concrete for 99,151.04
walls
Backfilling 31,248.00
Demobilisation 30,000.00
Weekly Costs 20,000.00 8,760.00 43,800.00 46,120.32 46,120.32 111,713.18 40,934.09 118,560.55 77,626.46 99,151.04 31,248.00 30,000.00
Cumulative
20,000.00 28,760.00 72,560.00 118,680.32 164,800.64 276,513.82 317,447.91 436,008.47 513,634.93 612,785.97 644,033.97 674,033.97
Costs
Fortnightly
34,512.00 107,904.38 189,400.20 191,393.57 212,133.00 73,497.60
Payments
Cumulative
34,512.00 142,416.38 331,816.59 523,210.16 735,343.16 808,840.76
Payments
9
61309.19
89,575.81
10
104,191.88
84,168.32
10
11
11
Conclusion
It can be observed from Table 4: Bill of Quantities, that most of the budget will be for
reinforcement, formwork, and concreting. Since the payments are received two weeks after
valuation there is overdraft in the cash flow (Figure 5: Net Cash Flow). The breakeven point
of the project is in the 12th week (Figure 4: Cost and Payment). It can be concluded that the
information obtained above can be used in the financial operations of the project.
12