Just think of the project triangle (cost,time,quality). if one side of the triangle goes big or gone small, the two other sides will adjust accordingly. if construction consumables is relatively small compare to project budget, i think it will be negligeble, however if the consumables is significantly high,then it may affect the two other sides of the triangle.
there will be an impact ,especially when you prepare cash flow with invoices and other related bill,
for realistic cost you have to check the tender and quote documents from suppliers /subcontractors, post this in your schedule and check whether you getting the exact contractual amount(less retention)
Best of luck
Non Pinoy
Member for
18 years 6 months
Member for18 years7 months
Submitted by Mangesh Khuspe on Tue, 2011-05-24 09:53
There will be definately cost impact if the consumables are wrongly calculated.
There must be rate analysis in your country which can helpyou for calculating construction consumables and by usin gwhich you can arrive at a more realistic costs.
Right now i am preparing the tables in excel for my country using standard consumables published by government of India.
Member for
18 years 1 monthJonas, Just think of the
Jonas,
Just think of the project triangle (cost,time,quality). if one side of the triangle goes big or gone small, the two other sides will adjust accordingly. if construction consumables is relatively small compare to project budget, i think it will be negligeble, however if the consumables is significantly high,then it may affect the two other sides of the triangle.
Cheers,
Bill
Member for
16 years 4 monthsDear Jonasthere will be an
Dear Jonas
there will be an impact ,especially when you prepare cash flow with invoices and other related bill,
for realistic cost you have to check the tender and quote documents from suppliers /subcontractors, post this in your schedule and check whether you getting the exact contractual amount(less retention)
Best of luck
Non Pinoy
Member for
18 years 6 monthsDear Jonas, There will be
Dear Jonas,
There will be definately cost impact if the consumables are wrongly calculated.
There must be rate analysis in your country which can helpyou for calculating construction consumables and by usin gwhich you can arrive at a more realistic costs.
Right now i am preparing the tables in excel for my country using standard consumables published by government of India.
Regards,
Mangesh