BLCN13038 – Cost Planning & Control Assignment Help

Assignment Task

Question 1 

As we look at the total cost of a development, we discover that there are more costs to be allowed for than just the price construction cost of the building

Situational summary:

Your cost planning company has been engaged under an Early Contractor Involvement (ECI) to provide cost planning services on a new 150 place child care facility located on a brownfield site in your local area. The first-time developer is very 'green' and is not familiar with how the development process works. They have requested that your company provide them with a detailed overview of the design and development process. Additionally, they want to understand the role of a cost consultant during the design phase.

Prepare a professional report (use graphical information where necessary):

a) Outlining the overall design and development process for a development of this nature.

b) Discuss the role of a cost planner during the design phase and research why it is vital that all design team members work collaboratively.

Question 2 

A cost planning firm has contracted you to develop their staff training systems further to provide improved performance to their clients. Their clients are typically developers who contract large building projects to construction companies. They require accurate cash flow planning and reporting prior to construction and also during the build process. One of the areas that they have asked you to focus on is cash flow planning procedures and reporting during the construction stage.

You are required to research the application of cash flow planning as part of project cost controls from the client perspective. At a minimum, you are to include:

a) Cash flow procedures

b) Forecasts at various stages of the projects, 

c) Reporting elements,

d) Factoring influencing cash flow and

e) How to best manage cash flow

Your submission should form an educational document that the cost planning firm can provide to all their staff as part of training processes to explain the importance of cash flow planning and how this is practically applied when providing services to their clients.

Question 3 

For this question, you need to compare different buildings and identify the most cost-effective option based on wall/floor area ratio. Compare the following three structuresforthe economy of construction using a basic wall/floor area ratio as a basis. Once calculated, compare the three results and then provide a summary statement and conclusion.

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