Construction cost management: learning from case studies
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
London [u.a.]
Routledge
2013
|
| Ausgabe: | 2. ed. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | XIX, 367 S. graph. Darst. |
| ISBN: | 9780415629126 9780415629133 |
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| 650 | 4 | |a Construction - Coût - Gestion | |
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Datensatz im Suchindex
| _version_ | 1804151987497861120 |
|---|---|
| adam_text | Titel: Construction cost management
Autor: Potts, Keith F
Jahr: 2013
Contents
List of figures xiii
List of tables xv
Preface xvi
Abbreviations xvii
Part I Introduction
1 Introduction and overview 1
1.1 Setting the scene 7
1.2 Construction overview 1
1.3 Cost management in construction 4
1.4 Learning from case studies 5
1.5 Overview of chapters 7
1.6 Conclusions 9
1.7 Questions 10
1.8 References/further reading 11
2 Reports and recommendations 13
2.1 Introduction 13
2.2 Post-war reports 14
2.3 The Latham Report, Constructing the Team (1994) 15
2.4 Levene efficiency scrutiny (1995) 18
2.5 Construction Procurement Guidance, HM Treasury (1996) 18
2.6 Construction Industry Board (OB) Working Groups (1996/97) 19
2.7 The Egan Report, Rethinking Construction (1998) 20
2.8 Modernising Construction, National Audit Office, (2001) 23
2.9 The Second Egan Report, Accelerating Change (2002) 24
2.10 Achieving Excellence in Construction Procurement Guides, Office of
Government Commerce (2003) 25
2.11 Improving Public Services through Better Construction, National Audit
0ffice (2005) 26
2.12 Never Waste a Good Crisis , Constructing Excellence (2009) 27
2.13 Government Construction Strategy , The Cabinet Office (2011) 27
2.14 Infrastructure in the New Era , Constructing Excellence and Pinsent
Masons LLP (2011) 29
2.15 Reflections 29
2.16 Questions 31
2.17 References/further reading 32
Part II Management of the pre-contract stage
3 Selecting the consultants and contractors
3.1 Introduction
3.2 Selecting consultants
3.3 Selecting Contractors by Value
3.4 CIRIA Guide Selecting contractors by value
3.5 Single-stage tendering
3.6 Two-stage tendering
3.7 FIDIC tendering procedures
3.8 Conclusions
3.9 Questions
3.10 References/further reading
4 Pre-contract cost management
4.1 Introduction
4.2 Cost estimating on engineering, manufacturing and process industry
projects 53
4.3 Cost estimating on civil engineering projects 55
4.4 Cost estimating on building projects 58
4.5 General comments 65
4.6 Action after receipt of tenders 65
4.7 Conclusions 66
4.8 Questions 66
4.9 References/further reading 67
5 Cost management on PFI projects 68
5.1 Introduction 68
5.2 Structure of BOT projects 69
5.3 Case study: Nottingham Express Transit (NET) light rail 69
5.4 Factors leading to success on BOT projects 71
5.5 Risks and securities 72
5.6 Case study: Sydney SuperDome, Australia 73
5.7 The Private Finance Initiative 74
5.8 Alternative PPP models - local asset-backed vehicles (LABVs) 79
5.9 The role of the cost consultant in PFI/PPP projects 80
5.10 Case study: Stoke-on-Trent schools, UK 82
5.11 Conclusions 83
5.12 Questions 84
5.13 References/further reading 85
34
34
35
39
44
46
46
47
50
50
51
52
52
6 Contractor s estimating and tendering 87
6.1 Introduction 87
6.2 Stage 1 - decision to tender 88
6.3 Stage 2 - determining the basis of the tender 90
6.4 Stage 3 - preparation of cost estimate 92
6.5 Stage 4 - commercial appreciation 98
6.6 Stage 5 - conversion of estimate to tender 100
6.7 Stage 6 - submission of tender 101
6.8 Questions 101
6.9 References/further reading 102
Part III Key tools and techniques
7 Value management 103
7.1 Introduction 103
7.2 What is value management? 103
7.3 Value planning (VP) 105
7.4 Metropolis United s new football stadium 106
7.5 Value engineering (VE) 109
7.6 Value reviewing (VR) 110
7.7 Case studies 111
7.8 Conclusions 114
7.9 Questions 115
7.10 References/further reading 115
8 Risk management 117
8.1 Introduction 117
8.2 Risk identification 118
8.3 Risk analysis techniques 121
8.4 Risk register 126
8.5 Risk response 129
8.6 Strategic risk management 131
8.7 Case studies 122
8.8 Conclusions 124
8.9 Questions 125
8.10 References/further reading 125
9 Whole-life costing 137
9.1 Introduction 127
9.2 Understanding the relevance of WLC 138
9.3 The basic steps in WLC 138
9.4 Money, time and investment 140
9.5 Calculations 142
9.6 Problems with assessing whole-life costs 144
9.7 Whole-life value 145
9.8 Conclusions 147
9.9 Questions 142
9.10 References/further reading 148
Part IV Procurement strategies
10 Organizational methods (Part 1) 150
10.1 Introduction 150
10.2 Traditional method 153
10.3 Design and build 156
10.4 Guaranteed maximum price 160
10.5 Turnkey 162
10.6 Joint ventures 164
10.7 Consortium 166
10.8 Partnering 166
10.9 Alliancing 169
10.10 Conclusion 174
10.11 Questions 174
10.12 References/further reading 175
11 Organizational methods (Part 2) 177
11.1 Management methods 177
11.2 Management contracting 178
11.3 Construction management 180
11.4 Management contracting or construction management? 184
11.5 Reflections on the Scottish Parliament building 185
11.6 Design and manage 186
11.7 EC procurement rules 186
11.8 Achieving Excellence in Construction 189
11.9 NHS Procure 21 190
11.10 Highways Agency - overlying principles for future procurement 190
11.11 2012 London Olympics 193
11.12 Selecting the procurement route 195
11.13 Achieving Excellence in Construction methodology 195
11.14 Which form of contract to choose? 197
11.15 Conclusions 198
11.16 Questions 198
11.17 References/further reading 199
12 Payment systems and contract administration 201
12.1 Introduction 201
12.2 Price-based - lump sum plan and specification 203
12.3 Priced-based - bills of quantities 204
12.4 Standard schedule of prices 208
12.5 Operational bills 209
12.6 Price-based - method-related bills 210
12.7 Price-based - BofQ with milestone payments 211
12.8 Price-based - activity schedules 213
12.9 Cost-based - cost reimbursable contracts 215
12.10 Cost-based - target cost contracts 217
12.11 Conclusions 224
12.12 Questions 225
12.13 References/further reading 225
Part V Management of the post-contract stage
13 Contractors cost control and monitoring procedures 228
13.1 Introduction 228
13.2 The external valuation 229
13.3 Budget forecast update report 232
13.4 Developing a cost control system 234
13.5 Method 1: Cost value Reconciliation (CVR) 235
13.6 Method 2: contract variance - unit costing 239
13.7 Method 3: earned value analysis 242
13.8 Relevant observations on use of cost control systems 244
13.9 Conclusions 245
13.10 Questions 246
13.11 References/further reading 246
14 Change management - valuing variations 248
14.1 Introduction 248
14.2 Managing the change control process 249
14.3 Contractual requirements - ICE Conditions of Contract, 7th edition,
January 2003 250
14.4 Contractual requirements - JCT Standard Building Contract with
Quantities (SBCIQ 2011) 251
14.5 Contractual requirements - The NEC Engineering and Construction
Contract, 3rd edition 252
14.6 Fixing the rate (traditional contracts) 253
14.7 Quantum meruit claims 258
14.8 Some other relevant legal cases (reported in date order) 260
14.9 Conclusions 265
14.10 Questions 265
14.11 References/further reading 267
15 Claims management 269
15.1 Introduction 269
15.2 Terms in contract conditions 270
15.3 Legal requirements of claims submission 272
15.4 Contractor s programme
15.5 Concurrent delays
15.6 Proving the delay
15.7 Disruption
15.8 Progress records
15.9 Claims presentation
15.10 Quantifying the claim
15.11 Global claims
15.12 Conclusions
15.13 Some legal cases
15.14 Questions
15.15 References/further reading
273
274
276
277
278
278
279
283
284
284
286
287
Part VI Contracts and case studies
16 The NEC Engineering and Construction Contract 289
16.7 Introduction 289
16.2 The NEC family of contracts 290
16.3 Objectives of the NEC 291
16.4 Design principles 293
16.5 Core clauses 296
16.6 Secondary options 303
16.7 ECC tender documents 305
16.8 Conclusions 309
16.9 Questions 310
16.10 References/further reading 313
17 FIDIC standard forms of international construction contract 315
17.1 Introduction 315
17.2 The new forms 315
17.3 Balance of risk 317
17.4 Structure of the new Red Book 318
17.5 The employer (Clause 2) 319
17.6 The engineer (Clause 3) 320
17.7 The contractor (Clause 4) 321
17.8 Commencement, delays, and suspension (Clause 8) 325
17.9 Measurement and evaluation (Clause 12) 329
17.10 Variations and adjustments (Clause 13) 331
17.11 Contract price and payments (Clause 14) 334
17.12 Claims, dispute and arbitration (Clause 20) 338
17.13 Conclusions 339
17.14 Questions 339
7.15 References/further reading 342
Case study: Heathrow Terminal 5 344
18.1 Introduction 344
18.2 Project management philosophy 345
18.3 T5 Agreement 346
18.4 The approval process 349
18.5 Controlling the time, cost and quality 349
18.6 Logistics 352
18.7 3D Project model 352
18.8 The use of the NEC 352
18.9 Role of the cost consultants 353
18.10 Lessons learned 354
18.11 BAA s new procurement strategy 355
18.12 Conclusions 356
18.13 References/further reading 357
Index
359
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| spelling | Potts, Keith Verfasser aut Construction cost management learning from case studies Keith Potts and Nii Ankrah 2. ed. London [u.a.] Routledge 2013 XIX, 367 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index Construction industry / Costs Construction industry / Cost control Construction - Coût - Contrôle Construction - Coût - Gestion Construction - Industrie - Coût - Gestion Construction industry Cost control Construction industry Costs Kostenmanagement (DE-588)4323274-7 gnd rswk-swf Bauindustrie (DE-588)4004811-1 gnd rswk-swf Kostenmanagement (DE-588)4323274-7 s Bauindustrie (DE-588)4004811-1 s DE-604 Ankrah, Nii Verfasser aut HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027160762&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
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| title_auth | Construction cost management learning from case studies |
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| title_full | Construction cost management learning from case studies Keith Potts and Nii Ankrah |
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