Measuring % work progress and construction interim valuation

Measuring % work progress and construction interim valuation

Measuring % work progress and construction interim valuation

Quantity Surveying

Language: english

Note: 0/5 (0 notes) 112 students  New course 

Instructor(s): Arimoro Ayodele

Last update: 2022-04-18

What you’ll learn

  • Measuring % work progress of building contractors
  • Identifying components of an interim valuation
  • Preparing construction interim valuations
  • Discounts and Adjustments to contract sum

 

Requirements

  • Students require laptop or desktop computer
  • Students need to have basic knowledge in construction

 

Measuring % work progress and construction interim valuationMeasuring % work progress and construction interim valuation

Description

A quantity surveying course that focuses on interim valuation and measuring work progress using Bill of Quanties.This course is practical and hands on. Quite easy to follow and understand, even by people who are new to construction and construction costs and estimating.

The course will show you step by step, how you can ascertain what amount is to be paid to a contactor for building services. Two interim valuations were prepared in this course and assignments were given to help students practice some of the things learnt. The basis of preparing this valuations was also explained. Terminologies used by construction cost professionals were also explained in an easy to understand manner. Technical terms pertaining to interim valuation like full retention, half retention and limit of retention will  also be well explained. Other topics that will be added include methods of valuing preliminaries.

The course explains the components of an interim valuation and a step by step guide on how to prepare an interim valuation

There will also be a bonus lecture or video with a young but experienced construction project manager who will share tips and advice for those for those wishing to be project managers and project managers who are just starting out.

 

Who this course is for

  • Professionals in construction industry like Engineers, Quantity Surveyors and Architects
  • University Students aspiring to become professionals in construction industry
  • Inquisitive clients desirous of a birds eye view on their projets

 

Course content

  • Introduction
    • Introduction
    • Introduction to the course
  • Measuring work progress using Bill of Quantities
    • Calculating month one % work progress
    • calculate % work progress for month two
    • Interim valuation; getting started
    • Understanding gross valuation
  • Preparing an interim valuation
    • Interim valuation one
    • Interim valuation two

 


 

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