Advanced Cost Control I

Concept of cost control – need for control, cost limits, budgets and their uses. Cost control functions of the quantity surveyor during the design/ pre-contract and the construction stages.

Purpose and types of approximate estimates, methods and estimating. Cost planning theories and techniques. Preparation and presentation of cost plans, cost checks, cost analysis, cost indices. Cost control procedure, application of computers to cost control. Comparative cost planning cost modelling and value engineering.