Project cost management and the process of cost control in construction projects
47:33
YouTubeCost Engineering Professional
Project cost management and the process of cost control in construction projects
In this video, you will learn the process of cost management in construction project, how to create cost baseline, S curve and cash flow. You will also learn what they look like in project management. The cash flow is "time phased cost" which is basically the result of loading the project BOQ on the project baseline program, however cost ...
63.5K viewsJul 8, 2021
Cost Engineering Basics
📊 Types of Construction Cost | Civil Engineering Basics Understanding construction costs is very important for planning, estimation, and project control. Below are the main types of construction costs every engineer and student should know: 🔹 Direct Cost – Cement, steel, labour, machinery used directly in construction 🔹 Indirect Cost – Site office, supervision, safety items 🔹 Fixed Cost – Office rent, insurance (do not change) 🔹 Variable Cost – Material quantity, labour hours (change with w
0:15
📊 Types of Construction Cost | Civil Engineering Basics Understanding construction costs is very important for planning, estimation, and project control. Below are the main types of construction costs every engineer and student should know: 🔹 Direct Cost – Cement, steel, labour, machinery used directly in construction 🔹 Indirect Cost – Site office, supervision, safety items 🔹 Fixed Cost – Office rent, insurance (do not change) 🔹 Variable Cost – Material quantity, labour hours (change with w
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