STUDENT MATRICULATION NUMBER SCHOOL OF ENERGY, GEOSCIENCE, INFRASTRUCTURE & SOCIETY Discipline: Construction Project Management/Quantity Surveying D39CC DESIGN COST PLANNING AND CONTROL Semester 1 – 2015/16 Duration: 2 Hours Answer both questions, all questions carry equal marks Instructions For the mock exam you are required to answer one question only (you will be told which question to answer) You will be given 1 hour to complete your solution Write your answers on your own paper Please write your matriculation number in the box above When instructed to do so at the end of the hour, staple this question paper to the front of your work and hand it in Attached: n/a Supplied: n/a DO NOT REMOVE THIS PAPER FROM THE EXAM HALL Heriot-Watt University DESIGN COST PLANNING AND CONTROL D39CC – 2015/16 Question 1 The RICS new rules of measurement are a suite of documents issued by the RICS Quantity Surveying and Construction Professional Group. The rules have been written to provide a standard set of measurement rules that are understandable by all those involved in a construction project. They provide advice and best practice guidance to RICS members involved in the cost management of construction projects worldwide. NRM1, the RICS new rules of measurement: Order of cost estimating and elemental cost planning, provides fundamental guidance on the quantification of building works for the purpose of preparing cost estimates and cost plans. With the use of examples, critically evaluate if NRM1 is the solution to providing accurate cost advice at pre-contract stage or is it more related to the accuracy of historical data used? (50 marks) Question 2 The post contract work undertaken by the Contractor’s QS and Construction Project Manager relates to the way in which commercial competitiveness balances against profitability. This requires an awareness of the financial processes used to achieve profitability, and how they integrate with the overall delivery of the project. Critically evaluate this statement with regards to the processes to be followed to ensure a project achieves cost, standards and programme benchmarks. (50 marks) END OF PAPER Page 2 of 2
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