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    Total Project Cost

    Uploaded by

    Kris Paolo Camias
    Probable total cost is the approximation of the cost of a program, project, or operation. It is the main concern of the client throughout the planning design and construction phases of a project.

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    Total Project Cost

    Uploaded by

    Kris Paolo Camias
    3K views7 pages
    Probable total cost is the approximation of the cost of a program, project, or operation. It is the main concern of the client throughout the planning design and construction phases of a project.

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    © © All Rights Reserved

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    PPTX, PDF, TXT or read online from Scribd

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    Probable total cost is the approximation of the cost of a program, project, or operation. It is the main concern of the client throughout the planning design and construction phases of a project.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    3K views7 pages

    Total Project Cost

    Uploaded by

    Kris Paolo Camias
    Probable total cost is the approximation of the cost of a program, project, or operation. It is the main concern of the client throughout the planning design and construction phases of a project.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
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    The probable total cost of a project includes professional engineering costs, construction costs, legal and land costs, owner's costs, and a contingency allowance for unknowns.

    The probable total cost of a project is made up of professional engineering cost, construction cost, legal and land costs, owner's cost, and a contingency allowance.

    The professional engineering cost includes costs for field surveys, planning analysis, geotechnical exploration analysis, coordination, evaluation, implementation, compliance, and surveying and geotechnical engineering in the final design and construction phases.

    TOTAL PROJECT

    COST
    Section 5

    Probable total costis the approximation of the cost of a program,project,


    or operation. It is the main concern of the client throughout the planning
    design and construction phases of a project. Probable total cost often
    used to establish budgets for a typical project, is made up of:

    Professional Engineering Cost.


    Construction Cost
    Legal and Land costs
    Owners cost (project administration , staffing,
    financing, and other overhead)
    Contingency Allowance for unknowns.

    PROFESSIONAL ENGINEERING
    COST
    Civil engr. Engaged to study & render planning
    report on the contemplated project
    Study & report phase includes cost for field surveys,
    planning analysis, geotechnical exploration analysis
    in addition to direct engineering cost.
    Cost of coordination, evaluation implementation
    and compliance increased correspondingly
    study and report phase is important because its
    implementation determines the scope and
    development of the entire project.
    In final design and construction phase services like
    surveying and geotechnical engineering is needed.

    CONSTRUCTION COST
    Thecostofalltheconstructionportionsofaproject,
    generallybaseduponthe
    sumoftheconstructioncontract(s)andotherdirect
    constructioncosts;doesnotincludethecompensati
    onpaidtothearchitect
    andconsultants,thecostoftheland,right-ofway,orother costswhicharedefinedinthecontract
    documentsasbeingtheresponsibilityoftheowner.

    LEGAL AND LAND COST


    These cost includes the issuing of
    pledges, audits, cost of the land and the
    interests of the lent money throughout
    the construction. And can be best
    estimated in collaboration with the
    customers because they are frequently
    outside the understanding and control of
    the Civil Engineer.

    OWNERS COST
    These costs, which includes :
    Staffing

    project administration

    financing and;

    other overhead

    CONTINGENCY ALLOWANCE
    A contingency may be included in an estimate to provide for
    unknown costs which are indicated as likely to occur by
    experience, but are not identifiable. When using an
    estimate which has no contingency to set a budget or to set
    aside funding, a contingency is often added to improve the
    probability that the budget or funding will be adequate to
    complete the project. Being unable to complete a project
    risks public ridicule.The estimate or budget contingency is
    not intended to compensate for poor estimate quality, and
    is not intended to fund design growth, owner changes, or
    anything else unrelated to delivering the scope as defined
    in the estimate documentation. Generally more contingency

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