AR3601 Specification, Estimation and Budgeting Syllabus:
AR3601 Specification, Estimation and Budgeting Syllabus – Anna University Regulation 2021
OBJECTIVES
To facilitate choosing materials for building based on building performance, economy, etc., and give knowledge about calculating quantities, estimating costs.
To enable understanding with respect to quality and quantity of materials, quantity and classes of skilled and unskilled labours, and tools and plants required for projects.
To give an understanding of how to draw up specifications for the different items of a building project and also to prepare the schedule of programming of the project.
To give knowledge on how to prepare approximate as well as detailed estimates and to have a clear picture of the project expenditure.
To help calculate the exact quantities of items of work done for effecting payment especially when direct measurements are difficult and also to determine the quantities of different materials required for various items of work.
To give understanding of how to prepare valuation report of real and landed property.
To give exposure to budgeting in projects.
UNIT I SPECIFICATION AND SPECIFICATION WRITING
Necessity of specification, importance of specification. How to write specification. Types of Specification. Principles of Specification writing. Important aspects of the design of specification. Sources of information. Classification of Specification. Brief Specification for1st class, 2nd class, 3rd class building. Detailed specification for earthwork excavation, plain cement concrete, reinforced concrete, first class and second class brickwork, damp proof course, ceramic tiles/marble flooring and dado, woodwork for doors, windows frames and shutters, cement plastering, painting and weathering course in terrace.
UNIT II ESTIMATION
Types and purpose. Approximate estimate of buildings. Bill of quality, factors to be considered. Principles of measurement and billing. Contingencies. Measurement of basic materials like brick, wood, concrete and unit of measurement for various items of work. Abstract of an estimate. Costs associated with constructed facilities. Approaches to cost estimation. Type of construction cost estimates. Cost Indices. Applications of cost indices to estimating. Estimate based on engineer’s list of quantities. Estimation of operating costs.
UNIT III DETAILED ESTIMATE
Deriving detailed quantity estimates for various items of work for a single storied building. To include earthwork excavation, brick work, plain cement concrete, reinforced cement concrete works, wood work, iron works, plastering, painting, flooring, weathering course.
UNIT IV VALUATION
Valuation. Explanation of terms. Types of values. Sinking fund. Years of purchase. Depreciation. Types of depreciation. Valuation of real properties. Types, methods and purpose of valuation.
UNIT V BUDGETING
Elements of cash flow. Time value of money. Capital investment decision. Types of business firms. Budget and Budgetary Control. Types of Budgets. Preparation of financial budget.
OUTCOME
An understanding of the art of building construction through specification writing.
Ability to work out the approximate estimate and detailed estimate for small scale building projects and low cost housing.
An understanding of valuation and budgeting.
TEXTBOOKS
1. Rangwala. S.C, ‘Estimating, Costing and Valuation (Professional practice)’, Charotar Publishing House,1984
2. M.Chakraborthi, ‘Estimating, Costing, Specification and Valuation in Civil Engineering, Chakraborthi, 2010.
3. B.N. Dutta, ‘Estimating and Costing’ UBS Publishers and Distributors, 2016.
4. S.SangaReddi and P.L.Meiyappan, ‘Construction Management’, Kumaran Publication, Coimbatore.
5. Gurcharan Singh and Jagdish Singh, ‘Estimating Costing and Valuation’, Standard Publishers Distributors, 2012.
REFERENCES
1. ‘I.S.1200-1968 Methods of Measurements of Buildings and Civil Engineering works’.
2. Latest schedule of rates of P.W.D.
3. Latest Data book of P.W.D.
4. PWD Standard Specifications. Govt Publication.