CPCCCM3005 – Calculate the Costs of Construction Work

by Shital Tattapure | Mar 5, 2025

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CPCCCM3005 – Calculate the Costs of Construction Work

Course Content

Lesson Content

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1.1. Job requirements are determined through discussion with customer or from information supplied.

1.2. Read and interpret work instructions and plan sequence of work.

1.3. Details of products and services to be provided are developed and checked for availability and fitness for purpose.

1.4. Delivery point and methods of transportation are determined where necessary

1.5. Details of job tasks are accurately recorded and checked according to workplace procedures.

1.6. Information about material, labour and overhead costs is obtained and checked to be current and accurate

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2.1. Work, including preparatory tasks, is planned, and sequenced to cover all necessary activity.

2.2. Types and quantities of materials required for work are estimated based on availability, fitness for purpose, and current costs.

2.3. Labour requirements to perform work tasks and complete the job are estimated.

2.4. Time requirements to perform work tasks are accurately estimated and checked with appropriate personnel.

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An Outline Of The Estimate

3.1. Totals of individual materials, labour and overhead costs are calculated according to workplace procedures and statutory requirements.

3.2. Other project-specific costs are identified and calculated according to workplace procedures.

3.3. Total work cost is calculated, including mark-up percentages set by appropriate personnel.

3.4. Final cost for work is calculated by applying profit margin according to workplace procedures and is checked for accuracy.

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4.1. Details of costs and charges are clearly and accurately documented according to workplace procedures.

4.2. Job Costing

4.3. Costing estimate and materials take-off are prepared for quote.

4.4. Costing documents are accurately completed for future reference according to workplace procedures.

Lesson Content

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What Is Prime Cost?

How To Avoid Prime Cost Trouble