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*Mainly need an example of a conceptual estimate of a project cost* Background: You are part of a large contractor's financial management team. You are
*Mainly need an example of a conceptual estimate of a project cost*
Background: You are part of a large contractor's financial management team. You are helping to make a determination of whether a project will be worthwhile to pursue. You will analyze a project of your choosing, which may include an option provided by the instructor. You should have plans, specifications, addenda (if applicable), and other contract documents as necessary to compete the analysis for your chosen project Assignment: Make a recommendation based on the following areas: A conceptual/parametric estimate of the project cost, including parameters used and comparable projects considered Consideration of the cost factors involved with the three largest (cost or quantity-wise) items on the project, including labor, materials (equipment, Erresun volatility, procurement, etc. Factors involved in finalizing the bid price of the contract, including profit, overhead, competitiveness, etc. A benefit/cost analysis of the project (may be considered using the conceptual cost of the project) Consideration of trade-offs on the three items considered earlier that would allow the project construction to be expedited Value engineering of the three items considered earlier, including consideration of depreciation of the items and replacement/retention decisions Sustainability/green review of the three items considered earlier, with a focus on the ability of the options to facilitate LEED certification of the project Discussion of how the three items considered earlier will be tracked for earned value analysis over the course of the project's construction Background: You are part of a large contractor's financial management team. You are helping to make a determination of whether a project will be worthwhile to pursue. You will analyze a project of your choosing, which may include an option provided by the instructor. You should have plans, specifications, addenda (if applicable), and other contract documents as necessary to compete the analysis for your chosen project Assignment: Make a recommendation based on the following areas: A conceptual/parametric estimate of the project cost, including parameters used and comparable projects considered Consideration of the cost factors involved with the three largest (cost or quantity-wise) items on the project, including labor, materials (equipment, Erresun volatility, procurement, etc. Factors involved in finalizing the bid price of the contract, including profit, overhead, competitiveness, etc. A benefit/cost analysis of the project (may be considered using the conceptual cost of the project) Consideration of trade-offs on the three items considered earlier that would allow the project construction to be expedited Value engineering of the three items considered earlier, including consideration of depreciation of the items and replacement/retention decisions Sustainability/green review of the three items considered earlier, with a focus on the ability of the options to facilitate LEED certification of the project Discussion of how the three items considered earlier will be tracked for earned value analysis over the course of the project's constructionStep by Step Solution
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