Preliminary Estimating Method - 500 words 0 Justication of your choice of estimating technique (provided during class) 0 Describe how you used this method to prepare the early-stage construction cost estimate with special emphasis on information availability and assumptions made at the time of preparing the estimate (Detailed calculations are not expected) 0 Required to include; 0 Preliminary estimating method used - Describe how this method was used for the chosen project to prepare the early-stage cost estimate and why this method was selected 0 What was the information available to prepare the preliminary estimate? - E.g. sketch plans, functional area schedule etc. 0 At what stage of the project, the preliminary estimate was prepared? 0 How did you nd the cost information? I Various sources available in library 0 What were the assumptions made when preparing the preliminary estimate? - Relate back to the second point 0 Estimating methods; 0 Functional unit method: - Also known as unit of accommodation or unit of occupancy - It is one of the simplest in application - It consists of selecting a suitable standard functional unit of use for the project, and multiplying the projected number of units by an appropriate cost per functional unit I Used for hotels, hospitals, schools, universities, colleges, car parks, restaurants, cafeterias, cinemas and ofces