Elements and Performance Criteria
- Gather information.
- Job requirements are determined through discussion with customer or from information supplied.
- Plans and specifications are accessed and site is inspected to confirm requirements.
- Details of products and services to be provided are developed and checked for availability and fitness for purpose.
- Delivery point and methods of transportation are determined where necessary.
- Details of job tasks are accurately recorded and checked according to workplace procedures.
- Information about material, labour and overhead costs is obtained and checked to be current and accurate.
- Estimate materials, labour and time.
- Work, including preparatory tasks, is planned and sequenced to cover all necessary activity.
- Types and quantities of materials required for work are estimated based on availability, fitness for purpose, and current costs.
- Labour requirements to perform work tasks and complete the job are estimated.
- Time requirements to perform work tasks are accurately estimated and checked with appropriate personnel.
- Calculate costs.
- Totals of individual materials, labour and overhead costs are calculated according to workplace procedures and statutory requirements.
- Other project-specific costs are identified and calculated according to workplace procedures.
- Total work cost is calculated, including mark-up percentages set by appropriate personnel.
- Final cost for work is calculated by applying profit margin according to workplace procedures, and is checked for accuracy.
- Document and verify details.
- Details of costs and charges are clearly and accurately documented according to workplace procedures.
- Costs, calculations or other details are verified according to workplace procedures and current costing data.
- Costing estimate and materials take-off are prepared for quote.
- Costing documents are accurately completed for future reference according to workplace procedures.