ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared...

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ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators What successful Cost Estimators know….and you should, too. know….and you should, too. Prepared by: Prepared by: Assoc. Prof. Sr Dr. Mastura Assoc. Prof. Sr Dr. Mastura Jaafar Jaafar

Transcript of ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared...

Page 1: ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared by: Assoc. Prof. Sr Dr. Mastura Jaafar Prepared by: Assoc.

ELEMENTAL COST

ANALYSIS (ECA)

ELEMENTAL COST

ANALYSIS (ECA)

What successful Cost Estimators know….and What successful Cost Estimators know….and you should, too.you should, too.

Prepared by:Prepared by:Assoc. Prof. Sr Dr. Mastura JaafarAssoc. Prof. Sr Dr. Mastura Jaafar

Prepared by:Prepared by:Assoc. Prof. Sr Dr. Mastura JaafarAssoc. Prof. Sr Dr. Mastura Jaafar

Page 2: ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared by: Assoc. Prof. Sr Dr. Mastura Jaafar Prepared by: Assoc.

As a systematic breakdown of the cost of a building to a Client into various building/construction elements in terms which are meaningful to both Client and the members of the Design Team. (ISM)

Page 3: ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared by: Assoc. Prof. Sr Dr. Mastura Jaafar Prepared by: Assoc.

To enable the Design Team to determine how much had been spent on each building element.

To assess whether a balanced distribution of costs have been achieved amongst the various elements of the building.

To provide comparison of costs of the same elements that may be used in different buildings.

To obtain cost data for use in the cost planning for other projects.

Page 4: ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared by: Assoc. Prof. Sr Dr. Mastura Jaafar Prepared by: Assoc.

Brief specification in the ECA describes the type and quality of materials to be used in project.

Usually consists of 6 elements: substructure, superstructure, finishes, fittings and furnishings, services and external works

Page 5: ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared by: Assoc. Prof. Sr Dr. Mastura Jaafar Prepared by: Assoc.

Basic elements

Elements Element of Quantity

Substructure Area of lowest floor finish measured as for GFA

Frame Area of floors relating to frame measured as for GFA

Upper Floors Total area of Upper Floors

Roof Area of measured overall surfaces

External Walls Area of external walls measured an outer face (excluding openings)

Page 6: ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared by: Assoc. Prof. Sr Dr. Mastura Jaafar Prepared by: Assoc.

Basic elements

Elements Element of Quantity

Windows and External Doors

Total area of windows and external doors measured over frame

Internal Walls and Partitions

Total area of internal walls and partitions (excluding openings)

Internal Doors Area of internal doors measured over frame

Wall Finishes Total area of wall finishes

Floor Finishes Total area of floor finishes

Ceiling Finishes Total area of ceiling finishes

Page 7: ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared by: Assoc. Prof. Sr Dr. Mastura Jaafar Prepared by: Assoc.

To be able to carry out elemental estimating based on historic data.

This data is then manipulated to suit the requirements of the current project under consideration.

A good cost planning will store its data in the appropriate form for later retrieval. This usually takes the form of elemental cost analysis.

Page 8: ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared by: Assoc. Prof. Sr Dr. Mastura Jaafar Prepared by: Assoc.

Form 1

Calculating Gross Floor Area (GFA) and Total Cost of Element – Form 2

Up date specifications – Form 3

The Cost Estimate for the new project is ready.

PROCEDURE

Page 9: ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared by: Assoc. Prof. Sr Dr. Mastura Jaafar Prepared by: Assoc.

Type of buildingType of buildingFORM 1FORM 1

Page 10: ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared by: Assoc. Prof. Sr Dr. Mastura Jaafar Prepared by: Assoc.

FORM 2FORM 2

Page 11: ELEMENTAL COST ANALYSIS (ECA) What successful Cost Estimators know….and you should, too. Prepared by: Assoc. Prof. Sr Dr. Mastura Jaafar Prepared by: Assoc.