Assume you are employed by a property development company (client) as a construction cost consultant for their development projects. The company delivered 20 number (in total) residential, commercial, and land development (including infrastructure) projects, during 2017 and 2018. However, out of those 20 projects, the three projects described in Table 1 were completed with significant cost variations from the early-stage construction cost estimates, which were prepared by you in 2015. Company’s investors are concerned about the situation as their decision on investment for each project was mainly based on this early-stage construction cost estimate prepared by the cost consultant.
You are required to select ONE of the listed three projects (see Table 1) and prepare a report to the company’s investors analysing in detail, the factors that influenced on accuracy of early stage construction cost estimate. The report should convey the message that even though you allowed for anticipated cost variations in your early stage cost estimate, those analysed factors caused final construction cost to vary significantly, which is beyond your control and beyond the limits of anticipation.
Your report is expected to include (also refer to ‘general formatting guide’ in this outline):
• Introduction and brief project scenario (suggested around 500 words)
You may develop the scenario further from the project details given in Column 2 in Table 1.
• Preliminary estimating method adopted in preparing the early stage construction cost estimate
You are required to assume a suitable preliminary estimating technique for the chosen project scenario with justifications for your choice and describe how you used this method to prepare the early-stage construction cost estimate, with special emphasis on information availability and assumptions made at the time of preparing the estimate.
• Detailed analysis of the chosen factors that influenced on the accuracy of early stage construction cost estimate and caused the final construction cost of the project to vary significantly from it. (suggested around 1000 words including a brief conclusion)
You are expected to select 2 to 3 factors from the predicted list of factors given in Column 3 in Table 1 for the chosen project scenario.
It is expected that you would collect information from the industry sources, research findings from relevant journal articles and books to support your discussion. Ref
The post Prepare a report to the company’s investors analysing in detail, the factors that influenced on accuracy of early stage construction cost estimate appeared first on Essay Lane.
Why Work with Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
24/7 Customer Support
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admission Essays & Business Writing Help
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.