Description
Book SynopsisWritten by a cost-control expert with more than thirty years of design and building expertise, this volume in the Professional Practice Essentials Series gives you practical, user-friendly guidance on how to better manager costs through all phases of a project.
Table of ContentsForeword.
Acknowledgments.
1 Introduction.
Terminology.
Cost Management Considerations.
Cost Management Methodology.
2 Building Economics.
Breakdown of Construction Costs.
Cost Components.
Distribution of Hard Costs.
Factors That Influence Building Costs.
Conclusions.
3 Cost-Estimating Methodology.
Establishing Standard Formats.
Identifying and Managing Cost Drivers.
Estimate Preparation Principles.
Cost-Estimating Methods.
Dealing with Escalation and Contingencies.
Risk Management and Range Estimating.
Special Estimating Challenges.
Value Management.
Life-Cycle Costing.
Conclusions.
4 Cost-Estimating Tools.
Interpreting Cost Information.
Using Cost Indexes.
Referencing Published Cost Information.
Developing and Maintaining CostData Files.
Doing Computer-Assisted Estimating.
Conclusions.
5 Cost Management Methodology.
Integrating the Cost Management Process.
Planning, Programming, and Budgeting.
Budgeting Methods.
Managing Costs during Design.
Implementing Construction PhaseCost Management.
Understanding the Impact of DeliveryMethods on Cost Management.
Conclusions.
References.
Index.
