Detailed analysis of the chosen factors - 1000 words

• Using these 3 influential factors ; - plant, labour and material shortages which resulted in price escalations, - higher bids from contractors due to less competition (caused by shortage of keen tenderers as a result of Covid) - delays on site due to COVID shutdowns and work stop orders

Must research for this information

• Compare material, labour and plant market information (availability and price) at the time when the estimate was prepared, and the actual construction happened
• Provide information on drastic construction boom in Sydney / Sydney suburbs during 2016 - 2018
• Include what % of cost (approximate) of the project was affected with this factor
• Include some other facts to support your argument

Your facts should support the argument "though you allowed adequately for price escalations in your estimate, drastic change in construction volume during the affected period impacted on the accuracy of your estimate.

• Include what site operations were affected by drought condition and how it affected
• Include what % of cost (approximate) of the project was affected with this factor
• Include some other facts to support your argument