Cost Management

How to approach cost management in civil engineering with new pragmatic method.

Purpose of cost management In light of these issues, the purpose of this study was to shed light on the present costing practice and CW in the UK construction industry in order to build a framework that would guide stakeholders in cooperatively cost management projects. Adopting a qualitative study design technique, data from the UK’s…

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Estimation’s 7 Capital Sins: how to avoid those accidental pitfalls!

Introduction Project estimation or development work is one of the most arduous responsibilities for many construction industry professionals. It is, however, one of those unavoidable duties that must be carried out, often at several points throughout the project. Estimation is done upfront to cost the project and map out timeframes. Other estimates include the estimate…

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7 pillars of estimate: a step-by-step guide for strong and reliable cost management.

Cost estimates The practice of projecting the financial and other resources required to execute a project within a stated scope and timetable is known as the cost estimate. Cost estimates that are accurate and trustworthy are critical for policy formation, decision-making, and effective delivery. The ability to produce reliable, accurate, and transparent cost estimates is…

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Episode 3 – Circular Economy and the Electric Vehicle Charge Point (EVCP)

Transcript: Hello everyone. Welcome to my podcast Civils Bites. My name is Charlie, I am your host for quick, distilled, and discussed civil engineering and cost management matters. Today’s topic will cover Circular Economy and electric vehicles charge point. Here we go. In this series, I would like to talk about civil engineering, circular economy,…

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Episode 1 – Civil Engineering and Circular Economy.

Transcript: The upcoming years for us will be critical. As we are increasing non degradable pollutants, soon there will be a time when the earth will turn into a bin. Hi, my name is Charlie and, in this podcast, we are discussing, why should we move to circular economy. Before we discuss about the circular economy,…

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Electric Vehicle Charging Point (EVCP) Strategy

Electric Vehicle Charging Point (EVCP) Cost Management, Circular Economy, Whole Life Cycle Costing, Civil Engineering, Enabling Works, Pragmatic Approach, Electric Vehicle Charge Point (EVCP) Introduction Local Authorities can employ planning and associated rules to guarantee that electric vehicle charging point are incorporated into new developments at the planning stage. As a result, charge points are…

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LEADER APPROACH (L.E.A.D.E.R)

Leadership Approach in Civil Engineering Project Management To well manage construction projects, it is essential to have information on modern management and develop a clear understanding of the construction and Leadership Approach. Construction projects have a particular set of targets and limitations, for example, an expected period for fulfilment. While the institutional courses of action…

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Rehabilitation of abandoned railways challenges from the civil engineering point of view, cost pressure as estimation of the costs, risks associated, and their opportunities in UK

Abandoned Railway Tracks These are the railway tracks that have not been in usage for a long time due to certain reasons, we can say these abandoned railways are disused railway tracks or closed railway tracks due to their not being used for long time. Challenges Behind Rehabilitation of abandoned railways w.r.t civil engineering in…

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Capital and operating costs, how to estimate construction expenditure.

Cost expenditure Cost management is an integral part of construction development projects. Until and unless you don’t distinguish correctly between the construction costs and perform the construction expenditure estimation, you won’t be able to foresee and comprehend the net benefit of the project. Before we discuss the estimation methods of construction expenditure, let’s take a look…

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Total Expenditure Estimation: how to capture all the elements and calculate reliable TotEx estimates.

Introduction Gigantic strain exists to keep on decreasing capital undertaking costs, diminish working expenses, lessen energy utilization, meet natural supportability targets, and all with fewer assets and individuals. However, consider the possibility that we utilize this opportunity to think diversely. This is the ideal time to rethink how we approach capital and functional ventures. TOTEX…

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