Cost Analysis Simplified

My Thoughts on Project Costing:

Project costing starts from the BoQ Code Lines mostly received via the notorious excel sheet. Direct dry costs derive from the loading of resources’ costs to BoQs.

Key Points:

1) Extract QTO to compare LS vs Measured BoQ quantities
2) Using a taxonomy such as CSI Masterformat 2018 will assist in materials categorization and purchasing
3) The system should assist in performing aggregated e-RFQs to update prices
4) Labor cost should derive from the mean cost of each specialty directly from the Payroll
5) Machinery availability is requires

Last but not least:

- Compare your organic cost (using your own resources) with the Cost of a potential SubCo be executing a BoQ-packaged e-Procurement.

• Accelerate cost loading using Productivity Templates based on CSI Uniformat