Willis's Practice and Procedure for the Quantity Surveyor

121Introduction 121Project cost control 121Cost advice 122Precontract methods 123General considerations 127Accuracy of approximate estimates 130Preparing the approximate estimate 130Whole life costing 131Value management 132Risk analysis 132Best value 132Taxation 133Financial assistance for development 136Post-contract methods 138Discussion topic 141References and bibliography 1447 Whole Life Costing 146Introduction 146Brief history 147Government policy 147Whole life value 148Whole life costing applications 149Whole life costs 151Main factors to consider 152Targeting the major elements of costs-in-use 154Depreciation and obsolescence in buildings 154Long life, loose fit and low energy 155Calculations 155Forecasting the future 157Whole life cost forum (WLCF) 160Conclusions 161Discussion topic 161References and bibliography 1648 Value Management 166Introduction 166Background 167Terminology 167When should surveyors use value management? 168The application of value management 171Functional analysis 178Supporting the case for value management 183Professional development and accreditation 185Discussion topic 186References and bibliography 1899 Risk Management 190Introduction 190When should surveyors use risk management? 191The application of risk management 194Risk analysis 195Risk registers 197Expected monetary value (EMV) 200Simulation (quantitative risk analysis) 200Risk management 203Appraisal of risk management options 206Considerations in risk allocation 207Merging risk management and value management opportunity? 208Discussion topic 209References and bibliography 21310 Procurement 215Introduction 215General matters 216Standards forms of contract 218Methods of price determination 219Contractor selection and appointment 221Procurement options 226Contract strategy 232Client procurement needs 233Partnering 234The Private Finance Initiative (PFI) 237The role of the quantity surveyor 237Discussion topic 238References and bibliography 24111 Contract Documentation 243Contract documents 243Coordinated project information 244Form of contract 245Contract drawings 247Schedules 247Contract bills 248Methods of measurement 251Contract specification 252Schedules of work rates 253Master programme 254Information release schedule 254Discrepancies in documents 254Discussion topic 254References and bibliography 25712 Preparation of Contract Bills 258Appointment of the quantity surveyor 258Receipt of drawings 259Taking-off 261Contract bills 265Invitation to tender Preliminary enquiry 269Receipt of tenders 274E-tendering 280Discussion topic 281References and bibliography 28313 Cost Management 285Introduction 285Valuations 286Valuation on insolvency 302Cost control and reporting 302Discussion topic 306References and bibliography 30914 Final Accounts 310Introduction 310Variations 311Procedure for measurement and evaluation 313Pricing variations 316Provisional sums 321Fluctuations 323Completing the account 327Audit 328Timing and resources 330Discussion topic 331References and bibliography 33415 Insolvency 335Introduction 335The role of the quantity surveyor 337Scenario 338The role of the liquidator 339The law 340Determination of contract (contractor insolvency) 340Provision in the forms of contract 341Factors to consider at insolvency 342Completion of the contract 344The employer's loss 345Expenditure involved 345Termination of contract (employer insolvency) 346Insolvency of the quantity surveyor or architect 348Performance bonds 348Discussion topic 349References and bibliography 35216 Contractual Disputes 353Introduction 353Why disputes arise 353Litigation 355Arbitration 356Adjudication 358Alternative dispute resolution 358Expert witness 361Lay advocacy 362Claims 363Discussion topic 370References and bibliography 37317 Project Management 375Introduction 375Justifying project management by adding value 376Terminology 377Attributes of the project manager 378Duties and responsibilities of the project manager 385Quantity surveying skills and expertise 391Fees 391Education and training for the project manager 392Discussion topic 393References and bibliography 39618 Facilities Management 398Introduction 398The work of the facilities manager 399Sustainability 413Facilities management opportunities for the quantity surveyor 415Education and training for the facilities manager 417Discussion topic 417References and bibliography 42019 Emergent Themes: Sustainability and BIMIntroductionBackgroundMeasures of sustainabilityQuantity surveying and sustainabilityZero carbonBuilding Information Modeling (BIM)BIM use within the industryDiscussion topicReferences and BibliographyIndex 423