You are required to prepare a cost plan for a new hospital clinic in Coff...
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You
are required to prepare a cost plan for a new hospital clinic in
Coffs
Harbour
, NSW for a tender scheduled for June 2026.
To complete this task, you do have access to
dimensioned sketch design drawings.
However, there is
a need to locate a comparable cost analysis of a
past similar project. (
18%)(a) What is your preferred source of cost analysis? Why? (3%)
(b) Assuming the comparable cost analysis is for a project in what are the adjustments to be made to the cost analysis of the past project before it can be used for the new project? Justify the need to make the required adjustments. (4%)
(c) For the adjustments identified in (b), calculate the adjustment factors by using the information given above [Note: you need to make assumptions on the indices, and you are not required to access a cost guide]. (6%)
(d) In costing the ‘floor finishes’ element of the new project that is different from the past project, which method would you select for costing this element? Explain the selected method. (5%)
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