- EU Law: Dominant Undertakings & EU Four Freedoms – Legal Implications and Market Impact
- BTEC Level 3 Unit 19 Analogue Electronic Devices and Circuits, Assignment 2
- OTHM Level 5 Unit 2 T/650/1139 Managing the Safeguarding and Protection of Vulnerable Individuals
- Legal Analysis of Negligence Claim Against SamsTech for AI Chatbot Errors
- FINA 1007 Research Methods: Assessment Guide & FAQs
- Mathematical Methods in Physics Assignment Question
- Unit 5048 J/650/2990 Sensors and Automation BTEC Level 5
- Transport for London (TfL) Cycle Data Analysis Project – Programming & Data Science
- Sport Coaching Portfolio: Safe, Ethical, and Effective Practices – Assessment 2
- K/507/1406 HSC CM1 Unit 1 Equality, diversity and rights in health and social care, NCFE CACHE Level 3
- MS420/MS508 Advancing Sustainable Development Goals (SDGs) through Business Practices
- C1808 Unit 500 Understanding Leadership and Management in Adult Care – Theories, Styles & Best Practices
- Level 5 Leadership and Management in Adult Care Unit 17, Unit 18 & Unit 16
- Donald Trump’s Statement on South Africa: Economic and Health Impacts
- Level 3 Certificate in Assessing Vocational Achievement (CAVA)
- H/615/1488 Unit 4014: Production Engineering for Manufacture, BTEC Level 4
- CIPD Level 7CO02 People Management: Strategy, Engagement & Technology
- Unit 6: HND Construction Management – Architectural Design and CAD Standards
- Unconscious Bias and Equal Opportunities in the Workplace
- Understand Safeguarding: Sources, Whistleblowing, Accountability & Information Sharing
BN3017: Analyse Project Cost Revenue And Other Financial Data: Expenditure Planning & Control Assignment, UOM, UK
University | University of Manchester(UoM) |
Subject | BN3017: Expenditure Planning & Control |
Learning Outcome’s
1. Analyse project cost, revenue, and other financial data and the factors which determine their nature and extent.
2. Implement anticipated project financial scenarios to produce reasoned management advice.
3. Develop financial information into contractual claims, budgets, and reports.
The following information relates to the construction of traditional masonry external walling on a competitively tendered project.
- The budget rate for blockwork is £45 per m2
- The budget rate for half brick wall in facings is £67 per m2
- The budget rate for forming a cavity is £5 per m2
Do You Need Assignment of This Question
The following prices, rates, and other costs were used in compiling the budget.
- Skilled labor £16 per hour
- Unskilled labor £12 per hour
Site overheads were calculated at 10% of the estimated cost of the work undertaken
- Cost of 440 x 215 x 100mm blocks £150 per 100
- Cost of mortar £137 per m3
- Cost of facing bricks £475 per 1000
- Cost of wall ties £22 per 100
The external walling continued for four 8 hour days on-site, and one 4 hour day. At the end of the fifth day the following amount of work had been completed:
- Blockwork 300 m2
- Brickwork 250m2
The actual site overheads (supervision, scaffolding, plant, transport, etc. were established at £2,250 per day.
Buy Answer of This Assessment & Raise Your Grades
After the budget had been determined and agreed, but before the operations commenced, the firm was unable to use its anticipated workforce, and was obliged to employ labor only subcontractors, who charged £450 per 1000 for facings and £150 per 100 for blockwork (prices include forming cavity and all pointing).
The estimated costs of the two operations, taken from the original budget, are as follows:
BLOCKWORK
- Mortar .007m3 @ £150 1.05
- Blocks 10 @ £150 per 100 15.00
- Skilled labour 0.5 hours @ £16 8.00
- Unskilled labour 0.5 hours @ £12 6.00
- Overheads @ 10% of costs 3.01 £ 33.06 per square metre
FACING BRICKWORK
- Mortar .02m3 @ £150 3.00
- Bricks 60 @ £475 per 1000 28.50
- Skilled labour 1.0 hours @ £16 16.00
- Unskilled labour 0.5 hours @ £12 6.00
- Overheads @10% of costs 5.35 £ 58.85 per square metre
FORMING CAVITY
- Wall ties 4 @ 20p each 0.80
- Skilled labour 0.1 hours @ £16 1.60
- Unskilled labour .07 hours @ £12 0.84
- Overheads @ 10% of cost 0.32 £ 3.56 per square metre
The number of blocks used in the period amounted to 3500 and the price actually paid was £160 per 100.
The number of bricks used was 18000 and the price actually paid was £460 per 1000. 1400 wall tiles at a price of £25 per 100 were used.
The amount of mortar used in the period was 10m3 at a cost of £150 per m3.
Are You Looking for Answer of This Assignment or Essay
Are you looking for assignment writing help in (BN3017) Expenditure Planning & Control? Searched everywhere still not getting the relevant answers, no worries we will help you out the University Assignment help offer high-quality assignment help to all the students and learners for essay assignments, dissertation writing, thesis assessment, and all types of coursework. As a UK best assignment provider, we always assure plagiarism-free content with complete confidentiality.
