181 0 obj >> << endobj /K 49 endobj /P 10 0 R 43 0 obj /S /P /S /LBody << /TT2 358 0 R I trust you are doing good too. /Pg 17 0 R >> 217 0 obj /K 3 The data were analysed using descriptive (percentages) and inferential methods. << /Pg 20 0 R /S /P <>
/A 392 0 R /S /P /Pg 22 0 R /Lang (EN-GB) << 284 0 obj /P 453 0 R endobj /Lang (EN-GB) /P 452 0 R /Lang (EN-US) /K 5 << /S /P /Lang (EN-GB) While Adedeji(2010) observed that about sixty (60) per cent of the total housing . /CropBox [0.0 0.0 595.2 841.92] /S /P Officials in Nigeria believe that once Olokola Deep Seaport comes on stream, it will create no less than a million jobs, directly and indirectly, as well as position the South West as a regional economic bloc to beat. >> >> /Pg 20 0 R /Lang (EN-GB) 248 0 obj /S /P >> >> /Pg 20 0 R /S /LBody << /K 19 /S /LBody /Lang (EN-GB) << /Pg 21 0 R /Lang (EN-GB) 340 0 obj /H /I 0000001281 00000 n
/Lang (EN-GB) 55 0 R 56 0 R 57 0 R 58 0 R 59 0 R 60 0 R 61 0 R 62 0 R 63 0 R 64 0 R /Pg 15 0 R 40 0 obj /Lang (EN-US) >> You can also save cost unknowingly when you build the biggest possible size you can afford as it will cost less if done at the initial stage rather than as extension later on especially when you are sure of your capabilities. /P 448 0 R /Pg 17 0 R /P 480 0 R /Metadata 2 0 R >> /Lang (EN-GB) endobj /S /P endobj /Lang (EN-GB) >> endobj /K 17 /S /P << /K 12 /BS << /S /LBody /Lang (EN-GB) endobj Over 60=10%. Keywords: Actual cost, cost overrun, estimated cost, Nigeria, building projects. /S /P >> << /CropBox [0.0 0.0 595.2 841.92] /S /P /P 10 0 R >> Get a capable and reputable contractor. There must be a setting out of a cost target that will be spent on the proposed project. The total amount of cost overruns for any construction project can be fully determined once the project is completed. 39 0 obj
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/Pg 21 0 R endobj /P 450 0 R /K 87 endobj endobj /Pg 20 0 R And whenever there is a change in the revision of which reached 30% of the initial draft design has been approved at the beginning of design work will be charged an additional fee in accordance with the changes that occur. /K 4 Robert Oluwole - Project Cost Estimator - Cozym Limited - LinkedIn 255 0 obj /P 408 0 R 2015-10-28T20:42:14+03:00 /First 7 0 R "This allows me to have firm costs for a job I really want instead of blindly marking up by 1.67. /Lang (EN-GB) /Lang (EN-GB) /Pg 14 0 R /K 27 /Pg 14 0 R 90 0 obj /Pg 22 0 R /K 6 endobj /K 74 endobj /Pg 20 0 R /P 469 0 R Top 5 mega construction projects in Tanzania, Top 4 largest construction projects in Ethiopia. endobj >> /P 465 0 R 272 0 obj 203 0 obj 257 0 obj Publishing rights:When an author/s publish an article inActa Structilia, the author/s enter into a non-exclusive publishing agreement. Waqas Amin PMP - Planning and cost Engineer - Alpago Group | LinkedIn >> 168 0 obj 313 0 obj /S /P /Im3 370 0 R >> >> << /P 422 0 R endobj This fee does not include accommodation if the project is beyond Bali, and if the job can not be completed within the time specified in the contract, will be charged extra as additional time for project completion. /S /LBody /S /P /K 78 endstream 4 0 obj
endobj It has the capacity to attract over $9 billion in revenue annually, making it a major industrial estate. /Subtype /Link /P 471 0 R << 237 0 obj /Im1 369 0 R Building work is not always as smooth sailing as some people will make you believe. >> endobj /P 460 0 R /Lang (EN-GB) 189 0 obj /S /P /StructParents 3 /Pg 17 0 R /K 20 162 0 obj /P 10 0 R /Pg 21 0 R endobj /S /P /Pg 21 0 R /P 10 0 R Why not Choosing Vibrant Colors for Bali Architectural Floor Tiling? /S /P >> One of the things to put into cognizance if you are to supervise building projects is that you will always be expected to spend more at the end of the day, so earmark at least 20% of the estimate for your building for contingencies. /K 13 /S /P >> Sometimes, because of the emergency nature of the initial presentation and the need to hastily win over clients, architects are often not opportune to quickly consult the QS before submitting their fee. /S /P endobj /Lang (EN-US) /K 101 /K 41 270 0 R 102 0 R 271 0 R 272 0 R 273 0 R 274 0 R 275 0 R 276 0 R 277 0 R 278 0 R /S /P endobj If you are a businessman with an approved plan, you can turn your property as collateral to obtain loan from the bank to help your business. 135 /StructParents 8 273 0 obj 155 0 obj /K 106 >> Fixing issues around your home can make it more efficient and comfortablenot to mention increase its value. 154 0 obj /S /P /Pg 24 0 R /K 8 /K 8 /K 0 /Lang (EN-GB) << 139 0 obj /Type /Border 3/f|ySES#V01c0'LA=%4@ OA
/Lang (EN-US) /Pg 20 0 R endobj >> /Lang (EN-US) /Pg 20 0 R Delay costs FG additional N679b on road projects | The Guardian Nigeria /S /P /S /P << 18 0 obj 21 0 obj /P 434 0 R /S /P Based on these findings, it can be concluded that continuous investigation into, and analyses of cost overruns at stages of building projects would encourage professionals to apply the best mitigation measures, in order to achieve a significant reduction in the total cost overrun at the completion of a project. /Pg 24 0 R 341 0 obj /Lang (EN-GB) /Lang (EN-GB) 34 0 obj /P 510 0 R /Parent 9 0 R /P 491 0 R /K 19 /TextBox /Art endobj /S /P /Lang (EN-GB) >> /Pg 20 0 R >> /P 10 0 R /K 7 /Lang (EN-GB) >> It is widely used by architects because it is easy to understand and communicate with clients. /K [25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R 33 0 R 34 0 R /Lang (EN-GB) /K 7 >> /S /P /S /P endobj 200 0 obj << >> /Type /Page /P 469 0 R /Lang (EN-GB) /P 10 0 R /Lang (EN-GB) endobj /S /P /P 458 0 R /Filter /FlateDecode /Tabs /S /Pg 20 0 R /Pg 20 0 R >> /K 63 /K 24 >> /P 473 0 R /S /P << Whatever kind of material you are purchasing; make sure they will be ready when you need them, in their right amounts. 61 0 obj >> null 334 0 R null null null 335 0 R null null null 336 0 R /CropBox [0.0 0.0 595.2 841.92] /Lang (EN-GB) Ways of Supervising Your Building Projects in Nigeria - EzineArticles /Lang (EN-GB) You dont multiply 4.75% by the total ETC, Rather, you break down the ETC as below and multiply it by its corresponding percentage. >> Here are the largest construction projects in Nigeria and their value. 127 0 obj /Lang (EN-GB) /K [416 0 R 417 0 R 418 0 R 419 0 R 420 0 R] /P 10 0 R 19 0 obj 106 0 obj /K 35 125 0 R] /K 0 >> >> /P 10 0 R << 138 0 obj /S /LBody 6JZjwW?\?/^~m(;V[opou
q4c]8?8Nck
p*yr%8a?o1}k5'm. >> A0%9&E{tHAF0$0G*{d{5&p(\9\[PhSLGL)lyB
V09U,+%:7?zw{;6"Ga$8D,V,_n,>5*. /Pg 18 0 R /K 39 /Pg 21 0 R /S /P stream
/Lang (EN-GB) /Pg 20 0 R /Lang (EN-GB) >> <> endobj 151 0 obj /Pg 22 0 R endobj Choices are varied for indoor or outdoor furniture. endobj /ColorSpace << /Lang (EN-GB) endobj /Filter /FlateDecode /S /P /Pg 20 0 R /Endnote /Note 95 0 obj << 58 0 obj
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endobj /Lang (EN-GB) 207 0 obj endobj /Parent 8 0 R << 234 0 obj /S /P /TT0 363 0 R Have your budget. << >> Next 30=20%. 320 0 obj 299 0 obj /K 77 /K 108 /K 32 59 0 obj /Lang (EN-GB) endobj /Pg 20 0 R /P 10 0 R endobj /S /P /Pg 19 0 R /S /P 135 0 obj >> /Pg 20 0 R Construction work is expected to cost $1.9 billion. The study revealed a significant relationship between the cost of rework and initial and final project cost of delivering commercial buildings, as an average of 3.53% impact on the initial. << 51 0 obj /Nums [0 [25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R 33 0 R 34 0 R /TT3 375 0 R /XObject << Your email address will not be published. /Pg 20 0 R /P 10 0 R |`a;l@}w}v_>zfv+o?#K6J%*LlVo,6SqE[G$zI|''). /P 508 0 R 35 0 R 36 0 R 37 0 R 38 0 R 39 0 R 40 0 R 41 0 R 42 0 R 43 0 R 44 0 R Get your building plan approved. /Lang (EN-GB) endobj /K 59 >> 136 0 obj /Pg 17 0 R 245 0 obj /Lang (EN-GB) >> /Pg 20 0 R /Pg 20 0 R However,this article has helped me to understand these changes better.As I could compare your detailed breakdown and calculations with the revised one. HUK6W P|EN{h69`+I}gH pofGxZ]0j;T-p)c P=8lF
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(q1Ed=>6oB# >> /Lang (EN-GB) >> /S /P /P 10 0 R /S /P /K 41 Work Supervision is calculated based on the value of the project (Construction Cost) that is equal to 4% to 7% of project value (The higher the percentage of project value calculation for the cost of supervision of the smaller) (Please calculate the cost of your project under the supervision of project value in the table below) Copyright 2019 I CCE Online News I All Rights Reserved. << /Lang (EN-GB) /K 37 The Port of Onne is an Oil and Gas Free Zone by Federal decree. /F 0 endobj PDF Effect of Cost Control on Building Projects Delivery in Nigeria - CORE /Border [0 0 0] /P 459 0 R /K 70 /P 10 0 R /P 10 0 R /Lang (EN-GB) /K 62 Lekki, Lagos State, Nigeria. 230 0 obj /S /P /K 1 endobj Ehimen..! << Once you understand the fee calculation for architects, you can easily apply it to that of the quantity surveyor, structural engineer, mechanical or electrical engineer. /Pg 21 0 R /Lang (EN-GB) >> /K 21 54 0 obj /P 10 0 R 119 0 obj /Lang (EN-GB) /Lang (EN-GB) endobj stream
/TT0 356 0 R >> /Pg 22 0 R /Marked true /S /P /S /P << 274 0 obj /Pg 23 0 R /W 0 /S /P endobj << 169 0 obj /Lang (EN-GB) endobj 265 0 obj /Lang (EN-US) endobj /Contents 382 0 R /Pg 15 0 R << /P 10 0 R /Lang (EN-US) The investigation included ongoing building-construction projects within Abuja, from which a sample of 30 building projects (public and private) was purposively selected (project value of ZAR100 million and above). endobj << /Lang (EN-GB) trash dumps. /Lang (EN-GB) /P 10 0 R 182 0 R 183 0 R 184 0 R 185 0 R 186 0 R 187 0 R 188 0 R 189 0 R 190 0 R 191 0 R 112 0 obj << 345 0 obj << /S /P 271 0 obj /Resources << >> >> >> /TT3 356 0 R /P 474 0 R << /Pg 22 0 R 9v|aAzz-w{n5|b#g1H7"G!|yNOhDN`cFT%*@q=@W rO!zU Their fee makes up 5% to 15% of the project total, though this percentage decreases for larger projects. >> /Pg 24 0 R How honest is he and which of his past jobs can he point to? /Contents 376 0 R /Lang (EN-GB) >> << /K 3 /K 15 /S /P On building projects, Architects are aware they are to charge 4.75% but often wrongly apply it. /Lang (EN-US) /K 34 AJOL is a Non Profit Organisation that cannot function without donations. /Pg 20 0 R /Pg 20 0 R /Pg 15 0 R /S /P /P 469 0 R /Pg 20 0 R /K 34 >> /S /P /Pg 21 0 R /TT0 363 0 R /S /P << 294 0 obj >> /K 28 /Lang (EN-GB) /K 40 >> 4 [73 0 R 74 0 R 75 0 R null null 130 0 R null null null 131 0 R /S /P Weldone and all the best in your career abroad. 12 0 obj >> >> /Lang (EN-GB) << 183 0 obj endobj Olokola Deapsea Port is a project that is set to be constructed in Ondo State. << Claims on transportation, accommodation, printing, computer, office equipment and other incidental expenses incurred on the project. /S /P >> >> endobj endobj The major difference is in the percentage each consultant is entitled to. /S /P /Pg 18 0 R /P 499 0 R Once you have ascertained the estimated total cost (ETC) of construction the next thing is to break it down. /K 53 /S /P /S /P /K 128 /S /P /P 494 0 R << /S /P /K 43 /K 15 /K 15 /Lang (EN-GB) /ColorSpace << /P 430 0 R Selecting Various Building Materials for Various Climates in Bali, Learning the Modern House Construction in Bali. >> << /Lang (EN-GB) endobj /Lang (EN-GB) /S /P /Pg 20 0 R 0000002282 00000 n
/K 11 122 0 obj /Lang (EN-GB) /K 50 /P 469 0 R /Pg 21 0 R << I also hope that ARCON, NIA and now ANCA will do more to provide value for us, their members and the profession of architecture. << /Annots [341 0 R 342 0 R] /Lang (EN-GB) endobj << /K 10 /Parent 9 0 R << /S /P /Pg 17 0 R /Lang (EN-GB) 170 0 obj /Rotate 0 << null null 129 0 R null null] << /Lang (EN-GB) meet the requirement. /TT0 363 0 R >> 73 0 obj 17 0 obj From the table above, an architect commissioned to undertake a project with an estimated total cost (ETC) of N18,200,500 will be entitled to a professional fee of N823,521.25. /Pg 20 0 R /Pg 18 0 R 240 0 obj /Pg 14 0 R A clean latrine or toilet is also mandatory. /Type /StructTreeRoot /K 122 On building projects, Architects are aware they are to charge 4.75% but often wrongly apply it. endobj << /ColorSpace << 0000004087 00000 n
/ColorSpace << << >> >> (PDF) Cost Management and Control of Building Projects in Nigeria; The 180 0 obj /K 9 /S /Table /Parent 9 0 R << The value I recommended was the average amount I derived from experience on institutional projects and used up till 2018. /S /P These are the things you have to put to bare: 1. endobj endobj /P 452 0 R /S /P << 0
259 0 obj /Resources << << The balance of 60% is shared among the other consultants. /S /P /Diagram /Figure /S /P endobj /Pg 15 0 R << endobj << But the decision maker is the owner. /K 55 /P 10 0 R /TT3 361 0 R /Lang (EN-GB) /Pg 20 0 R /K 26 << %PDF-1.5 /S /P /K 9 5. /Pg 17 0 R /K 75 Provide instructions and guidelines that need to contractors in the execution of work in order to really take place in accordance with contract provisions. 83 0 obj >> /C2_0 374 0 R /K 91 >> /Pg 21 0 R 50 0 obj /Annotation /Span endobj /S /P /A 13 0 R The data were sourced from the archival records (drawings, bills of quantities, project progress reports, and specifications) on the issues relating to the costs and duration of building projects. endobj /Pg 23 0 R /TT2 356 0 R << /Pg 20 0 R 11 0 obj 314 0 obj endobj >> /K 6 123 0 obj >> >> /Lang (EN-US) Dangote refinery is one of the largest construction projects in Nigeria. << << /K 5 23 0 obj >> /Pg 20 0 R application/pdf endobj endobj /S /LBody /K 15 /Lang (EN-US) /P 10 0 R /Pg 24 0 R endobj 0000003817 00000 n
/P 450 0 R /P 451 0 R >>