Use of computers in construction cost controlling process Essay

Use of computers in construction cost controlling process - Essay Example Cost planning is the means that enables the objectives of project cost management to be achieved. It is the process used during the design stage of a particular scheme to help minimize the cost of construction and subsequent usage, and maximize the functionality that is anticipated by the client. Cost planning is, in fact, a system of procedures and techniques used by quantity surveyors. Its purpose is to ensure that clients are provided with value for money on their projects; that clients and designers are aware of the cost consequences of their proposals; that if they so choose, clients may establish budgets for their projects; and the designers are given advice that enables them to arrive at practical and balanced designs within budget. Therefore cost planning monitors and helps direct design and organizational decisions in order to achieve the clients cost objectives. Cost planning is a process that brings cost information to bear systematically upon the evolution, construction, and maintenance of a project to highlight the relationship between capital and operational investment, quality, function, and appearance, and to provide a framework for the management of costs in order to deliver value for money to the client.( Flangan, 1997) The cost plan is one of the principal documents prepared during the initial stages of the cost management process. It is a statement of the proposed expenditure for each section or element of a building related to a definite standard of quality. ... estimate, tender figure and final account sum are all closely related. Cost Planning : Cost planning is the means that enables the objectives of project cost management to be achieved. It is the process used during the design stage of a particular scheme to help minimize the cost of construction and subsequent usage, and maximize the functionality that is anticipated by the client. Cost planning is in fact a system of procedures and techniques used by quantity surveyors. Its purpose is to ensure that clients are provided with value for money on their projects; that clients and designers are aware of the cost consequences of their proposals; that if they so choose, clients may establish budgets for their projects; and the designers are given advise that enables them to arrive at practical and balanced designs within budget. Therefore cost planning monitors and helps direct design and organizational decisions in order to achieve the clients cost objectives. Cost planning is a process that brings cost information to bear systematically upon the evolution, construction and maintenance of a project to highlight the relationship between capital and operational investment, quality, function and appearance, and to provide a framework for the management of costs in order to deliver value for money to the client.( Flangan, 1997) The cost plan is one of the principal documents prepared during the initial stages of the cost management process. It is a statement of the proposed expenditure for each section or element of a building related to a definite standard of quality. Costs, quantities and specification details are itemized by