TOTAL PROJECT COST

Group 4
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GENERAL
Professional Engineering Costs

Construction Costs

Legal, Land,
Administration, Staffing
and Financial Costs

Contingency Allowance
 01
Professional
Engineering
Costs
PROFESSIONAL ENGINEERING COST
Layouts

Alternative Initial
solutions estmates
CIVIL
ENGINEER
Study Project cost
SIX STANDARD PHASES OF CONSTRUCTION PROJECT
SIX STANDARD PHASES OF CONSTRUCTION PROJECT

Study and Report Phase

This follows the search for the project's location and
specification of the building codes involved. In this stage, it is
crucial to involve an architect to ensure everything is feasible.
SIX STANDARD PHASES OF CONSTRUCTION PROJECT

Design Phase
Time to sit down and talk design. This is still a preliminary
stage, which means that nothing is guaranteed at this point.
Nevertheless, design is the stage where usually the bidding
process begins.
SIX STANDARD PHASES OF CONSTRUCTION PROJECT

 Pre-construction Phase
This broad category enshrouds all the work in a
construction project before the actual physical construction.
When the project planning is finalized, the design is
streamlined, and the supplies and labor are assembled.
SIX STANDARD PHASES OF CONSTRUCTION PROJECT

Procurement Phase
Now it’s time for the project team to order and obtain materials,
equipment, and workforce.
SIX STANDARD PHASES OF CONSTRUCTION PROJECT

Construction Phase
This is when the shovel hits the ground, transforming the empty
field into a skyscraper.
SIX STANDARD PHASES OF CONSTRUCTION PROJECT

Post-construction Phase
The actual construction is complete, but the project has not yet
been handed over to the owner. If proper attention is not given
to this phase, it can lead to many problems for the owner.
 The steps we have gone over above are a logical view of a
construction project from start to finish. A construction project
is a temporary endeavor involving the pooling together of
diverse resources. The construction process is a linear process
comprising a chain of tasks, tools, and decisions. Almost all
construction projects are unique, but they all follow the same
cycle from start to finish.
 A great pillar in the
construction process is
communication between the
stakeholders. They streamline the
construction project and ensure all
phases are developed and
completed on time.
 03
Construction
Costs
Estimated total cost of
constructing the facility to be
covered by the proposed
detailed design or construction
supervision services, excluding
the fees and other costs of
such services, the cost of land
and right of way, and legal
administrative expenses of the
agency
 COSTS
1 Literal 2 Overheads
Cost
Salaries, fees,
Hard cost or legal services
direct costs and documents,
building permits

Contract Cost Plans

3 4
Sum Used to analyze
Agreed price the estimated
cost during the
both by the
pre and post
contractor and
construction
the client. phases.
 6 Final Account
Control Sum 5
4 Pre-tender
Approximate Estimates
3
Quantities Cost
Plans
2 Elemental Cost
1 Plans
Initial Cost
Appraisal

SIX PHASES OF COST PLANNING

 04
Legal, Land,
Administration,
Staffing and Financial
Costs
Cost of Issuing Land Cost
Bonds

Part of Probable
Project Cost

Audits Interest
 Estimate
Engineer Client
Process
Importance of Performing Audit in the
Construction Process
It can help set the tone for
the project
Results in increased
savings through cost
avoidance
Risks and rights are
determined in order to
know the rights and risks
under the contract
 GENERAL MEANING OF ISSUING BONDS

LENDER Funds Borrower

BORROWER: The
specific sum of money
for a set period of
Corporation /
Investor Financial time
Construction project
Institutions
that need the fund.
LENDER: Interest
payments on a regular
basis.
 Adjusted Issuance Title Service Fees
(Land Registration Authority)
Issuance of True Copies of Subdivision Plans
P 143.72 per plan

Issuance of True Copies of Technical Description

P 143.72 per TD

Issuance of True Copies of Decrees of Registration

P 143.72 per decree

Issuance of True Copies of Certificates of Titles

P 143.72 per title

Issuance of True Copies of Other Documents

P 143.72 per document

Certifications on Status of Plans/Lots P 143.72 per plan/lot certified

Issuance of Certificates of Title P 215.58 per title issued
Approval of Subdivision Plans P 215.58 per plan processed for approval
Fee for Query/Research P 215.58 per title, instrument or document
Fee for Registration of Deeds P 344.93 per deed/instrument processed
for registration, including, but not limited
to supporting documents that are
indispensable to the registration of the
main document
 05
Contingency
Allowance
 CONTINGENCY ALLOWANCE

1 Backup

2 Known-unknown

Partially resolve
3 uncertainties

4 Extra margin

5 Reserve
 DEFINITIONS
Estimators
refer to the estimated costs for the
known-unknowns as cost contingency or
contingency allowance.

Contingency Allowance
is designed to cover items of cost which
are not known exactly at the time of the
estimate but which will occur on a
statistical basis.
PICE MANUAL OF PROFESSIONAL
PRACTICE

• add 20%
contingency Completion of
• down to 5%
allowance final design (perhaps)
• reduced to 10%
Completion of Construction bids
the study and are finalized
report phase
 How is it estimated?
Predicted from past experiences
Simple estimated by considering the
expected circumstances

Importance
To account for errors and omission in the
construction documents.
To act as the backup for the modification
or changes in the scope of the project.
To pay for the unexpected contingencies
 Benefits of securing
contingency costs:
∙ Ensured that the final account is
within the budget.
∙ Reduce the risks of cost overrun.
SUMMARY

3
TOTAL PROJECT COST
Legal, Land,
Administration,
Construction Staffing and
Costs Financial Costs

Professional
Contingency
Engineering
Allowances
Costs
TOTAL PROJECT COST
∙ The Six Standard Phases of a Construction Project
Legal, Land,
and the Engineering Services include: Study and
Adminiistration,
report, Design, Pre-construction,
Construction Staffing and Construction, and
Costs
Post-construction Financial Costs
phase.

Professional ∙ Professional Engineering costs are the sole

Engineering settlement for professional engineers toContingency
pursue the
study and report phase. Allowances
Costs
 ∙ Construction Cost includes the cost
TOTAL PROJECT COST of the entire construction of the
Project, but such cost shall not
Legal, Land,
Adminiistration,
include: the Consulting Engineer /
Construction Staffing andfee, cost of land or
Architect's
Costs Financial Costs
Rights -of- Way and Easement
Professional acquisition.
Contingency
Engineering ∙ The timing of the Allowances
construction
Costs work must be considered because
inflation will affect the construction
cost.
TOTAL PROJECT COST
∙ These costs are usually outside
Legal, Land,
the knowledge and control of the
Administration,
Civil Engineer; best estimated in Staffing and
Construction
Costs
cooperation with the client. Financial Costs

Professional
∙ An auditor, during the contract
Contingency
Engineering
stage, assists you or the clients to
Allowances
Costs
determine whether the risk and
rights are being protected under
the contract. It keeps both parties
accountable.
 TOTAL PROJECT COST
∙ "known-unknowns" are the uncertainties that risks the
flow of construction phases (abrupt Legal,changes
Land, in
weather, poor productivity, inflation Adminiistration,
rate, labor
Staffing
Construction estimators
shortages etc.) Experienced are and
aware of
Costs
these unexpected problems and Financial Costs an
can provide
estimation of their costs.  
∙ Professional
Common practice in contingency allowance: Add 20% Contingency
Engineering
or more to probable total project cost at the Allowances
Costs
completion of study end report phase, reduce
perhaps to 10% at completion of final design, and
perhaps to 5% when construction bids become
known.
THANK YOU!
CE-3308

Group 4
Bucu, Fiona Faith
Garcia, Carl, Joshua
Gutierrez, Charles Dave
Moren, Von Jerome
Sayson, Kyla Daphne