Estimating and Costing

Course objective:
To appreciate the need for estimating and costing, to understand, practice the methods of doing both approximate and detailed estimates, to learn the procedure of rate analysis and method of valuation.

Course Topics

1. Introduction[3 hours]
1. General
2. Units of Measurement and Payments for Various Items of Building
1. Works and Materials
3. Purpose of Estimating
4. Requirement of Estimating              
5. Methods of Measurement of Building Work
6. Sub Head of Various Items of Building Work
7. Various Methods of Taking out Quantities
8. Abstracting Bill of Quantities


2. Types of Estimates[3 hours]
1. Approximate Estimate
2. Detailed Estimate
3. Revised Estimate
4. Supplementary Estimate
5. Annual Repair and Maintenance Estimate
6. Extension and Improvement Estimate
7. Complete Estimate
8. Split up of the  Cost of Building Works


3. Analysis of Rates[5 hours]
1. Introduction
2. Purpose of Rate Analysis
3. Requirement of Rate Analysis
4. Factors Affecting the Rate Analysis
5. Procedure of Rate Analysis for Building Works
1. Water Supply and Sanitary Works.


4.  Valuation[5 hours]
1. Introduction
2. Purpose of Valuation
3. Principles of Valuation
4. Terms Used in Valuation
5. Various Method of Determining the Value of Property
6. Method of Valuation Report Writing


5. Detailed Estimate[8 hours]
1. Estimate for a Single Room Building
2. Estimate for a Two Room Building
3. Estimate of Earth Work in Road Construction by Three Methods


6. Computer Application[4 hours]
1. Estimates for One Room Building
2. Valuation of Property
3. Rate Analysis

Tutorial:

1. Approximate estimate of a building project
2. Detailed estimate of a one storied residential building
3. Valuation of a property

Reference Books:

1. Civil Estimating, Quantity Surveying and Valuation by A.K. Updhaya, Katson Publishing House, Ludhiana.
2. Estimating and Costing by M. Chakerborti.

Evaluation Scheme

Chapters	Hours	Marks Distribution*
	3	4
	3	4
	5	8
	5	8
	8	12
	4	4
Total	28	40

*Note: There may be minor deviation in marks distribution