A Pre-Construction report is a comprehensive assessment of a construction project, usually prior to commencement. It’s an essential step in the planning process that helps identify the construction cost, potential issues and risks that ensure a successful development. In this article, we’ll explore what a preconstruction report is and how it contributes to the development.…
Elemental Cost Plans break down the costs associated with a construction project into various elements, but not each individual trade. An Elemental Cost Plan is generally prepared during the design phase of a construction project to give an early indication of the cost of a project. What is an elemental cost plan? An elemental cost…
Council Cost Reports (also referred to as a n”Registered Quantity Surveyors Detail Cost Report”, “Detailed Cost Estimate” or a “Council DA Estimate”) refer to a report requested by council upon submission of a Development Application. Regardless of the construction value of the project, the council will require you to submit a cost summary report –…
The role of a Quantity Surveyor is essential in ensuring construction projects stay on budget and on schedule. A Quantity Surveyor is essentially responsible for the reporting of a project’s cost from start to end. They will often provide cost reports at various stages of construction to a number of parties involved in the Construction…
While everyone was busy talking about being forced into a lockdown across Sydney last week, we were busy celebrating turning 25! Albeit, it was a very very quiet one with the team working from home, but that just means we will get to celebrate in a bigger way once we are able to!…
There are two methods by which the depreciation of a deductible item may be calculated. The first is called ‘Prime Cost Method’. The second is called ‘Diminishing Value’.
Chances are, if you are in the property sector, you’ve heard the term ‘depreciation schedule’ tossed around a few times; and chances are, if you are reading this article, you haven’t gotten one before.
If you’ve worked on a construction project you may have come across a Quantity Surveyor (QS). However a number of people who have never worked in the industry, or are entering the property market, may have never come across such a consultant.
Sustainable construction is about meeting present day construction needs, without compromising the ability for future generations to meet their own needs.
Just like any project, someone has to manage it. So what makes Construction Project Management so different to Project Management?
