Estimation Costing & Evaluation

                                                         

 

1. Importance of estimation, different types of estimates specifications general and detailed.
2. Methods of Estimation: General items of work for estimates units and measurement, method of accounting for the deduction of openings etc.
3. Estimates of Buildings: Detailed estimates of a single roomed and a two roomed residential building. Analysis of rates: Definition of analysis of rates, Prime cost, Work charged establishment, Quantity of materials per unit of work for major civil engineering items Resource planning through analysis of rates, market rates, PW.D. Scheduled and cost indices for building material and labour.
4. Public works Organization, M.E.S. Organization, India Railway Organization and concept of organizational set up for Public Work Execution.  Duties and responsibilities of the officers.
5. System of P.W. accounts, Cash and cash boom Temporary advance, Stores, Issue of stores, Material at site account, Measurement and standard measurement book.
6. Valuation: Purpose of valuation: Terminology, Factors affecting the values of property, valuation and it different aspects.  Methods of variation such as Rental method, Direct compensation method, Profit based method and Development method Concept of years purchase, Capitalized value and depreciation. Standard rent- free hold and lease hold propriety, Mortgage and easement.

 

Reference:

 

1. Chakraborty M., : "Estimating costing and valuation in Civil Engg., Principle an application ( Authors Publication, Calcutta)

NB.N. Dutta, Estimating and Costing.