Prepare an Order of Cost Estimate in accordance with the New Rules of Measurement 1 (NRM1). At the starting point of this exercise, find the relevant historical cost data fromBCIS in order to produce an overall cost, elemental breakdown and outline specification to the client.There is no design information available for the project at this very early stage, except the brief information displayed in Table 1. You should make design assumptions about the new project e.g., number of storey/ blocks of the building, external works required for the preparation of Order of Cost Estimate. You are also required to make reasonable assumptions for the non-physical cost elements e.g. main contractor's preliminaries, overheads & profits, project & design team fees, and risk allowances. Each assumption should come with clear justification.

Preparethe building work estimate for the new project using floor area method. Justify how the cost/m² of GIFA is calculated for the new project based on the selected historical projects (ideally 2-4 projects) of similar function.

Based on the selected historical projects, compare and analyse the elemental cost, and evaluate how different building design features will have impacts on the elemental cost distribution and the total cost of building works. From the analysed projects, propose two (2) high value building design that is meeting the current market trend to the new project. Reflect the proposed design and specification into the elemental breakdown to complete your building work estimate.

Team	Projects	GIFA	Construction period
A	Primary school with sports centre	7000 m2	20 months
B	Supermarket with drive thru cafe	2500 m2	12 months
C	Hotel with multistorey carpark	20,000 m2	24 months
D	Specialist hospital with research laboratories	3500 m2	15 months
E	Offices with childcare centre	5000 m2	18 months
F	High-rise residence with swimming pool	9,000 m2	24 months
G	Church with community centre	1500 m2	12 months
All project construction will commence in March 2024 and the tender return date is expected to be 3 months before the construction phase started.

Information refer Team B only