Estimating

Assignment 1:Presentation

For this assignment, we have to present the topic given.

Estimating presentation from tfkc1212

Assignment 2: Tender Submission

For this assignment, we need to form a group of 9 – 10 people. This assignment is divided into two parts. Part 1 is tender submission and Part 2 is evaluation session.

In Part 1, we need to submit a tender document. First, we need to obtain quotations as many as possible to get the lowest quotations. Next, we need to estimate the unit rates using the quotations received. We should apply what we have learned during the lecture class to calculate the unit rates. There are total 10 elements that we need to calculate. We divide the task among the group members.As for Preliminaries, we need to list out the elements that we need and insert the rates. In Prime Cost Sum, we just need to insert the profit and overhead. After we total up, we can get our total tender amount.During tender openings, the lecturer will announce the group that is shortlisted. Normally is the first 3 groups with the lowest tender amount is shortlisted.

My group is shortlisted, so we will attend an evaluation session in the form of tender interview. 

Estimating presentation (1) from tfkc1212

Reflection : 

Through this assignment, I learn that how a consultant QS estimate the unit rates and how a contractor price the tender document. We spend a lot of time to obtain the lowest quotation because we do not know the current market price. Besides that, when we are calculating the unit rates, we need to know how many labour we should include. The number of labour required is based on the size of the project and the type of project. This project is only a single storey show house, so we do not need so many labour. Moreover, we face difficulties when doing Preliminaries because we do not know which item we need and what is the rates for that item.This assignment is a very interesting assignment. I want to say thank you to our group members. Although there are 11 people in the group, we are able to carry out a good teamwork. We communicate well and everyone did their job. Lastly, I want to say thank you to our lecturer for helping us and guide us on this assignment.