NRM1 Cost Management Handbook

Part 1: Introduction 1. Cost management 2. Cost estimating and cost planning Part 2: Order of cost estimating 3. Order of cost estimates â" an overview 4. Embarking on an order of cost estimate 5. Preparing an order of cost estimate 6. Computing the works cost estimate 7. Order of cost estimate â" a worked example 8. Preparation of an initial elemental cost model â" using the elemental method of estimating 9. Initial elemental cost model â" a worked example Part 3: Cost planning 10. Cost planning â" an overview 11. Form, structure and codification of a cost plan 12. Preparation of a cost plan 13. Quantification and the use of the tabulated rules of measurement for cost planning 14. Facilitating works (group element 0) 15. Substructure (group element 1) 16. Superstructure (group element 2) 17. Internal finishes (group element 3) 18. Fittings, furniture and equipment (group element 4) 19. Services (group element 5) 20. Prefabricated buildings and building units (group element 6) 21. Work to existing buildings (group element 7) 22. External works (group element 8) 23. Deriving unit rates for building components, sub-elements and elements 24. Calculation of building works estimate 25. Main contractorâs preliminaries (group element 9) 26. Main contractorâs overheads and profit (group element 10) 27. Calculation of works cost estimate Part 4: Estimating cost targets for non-building works items and risk allowances 28. Project and design team fees (group element 11) 29. Other development and project costs (group element 12) 30. Setting and managing risk allowances (group element 13) 31. Estimating the possible effects of inflation (group element 14) 32. Establishing the cost limit 33. Taxes and incentives Part 5: Writing cost estimates and cost plan reports 34. Reporting of cost estimate and cost plans Part 6: Designing pricing documents using NRM 1 35. Pricing documents Part 7: Analysing bids and collecting cost data 36. Analysing bids and collecting cost data using NRM 1