Tag: cost

  • How to calculate the cost of a measured survey?

    In this video, the process of calculating the cost of a measured survey is explained using a 3D scanner or Total station, according to the research by Civil Engineering (source: .).

    The video outlines the process of estimating the cost of a measured survey, including the collection of data using 3D scanners or Total stations. The formula for the cost of a measured survey as developed by The Royal Institute of Chartered Surveyors (RICS) (source: .) is used to calculate the cost based on the area and the number of sections and elevations required.

    The speaker discusses the importance of considering the level of accuracy required for the quote and how this can affect the cost of the survey.

    For more detailed calculations and a practical approach to estimating the cost of a measured survey, consider using an online spreadsheet as demonstrated in the video, which can be found here.

    A comprehensive guide to measuring, designing, and construction for built environment professionals is available on Google Books.

    And a topographical survey of roughly 1,200 square meters is also needed. This is a large project with two floor plans, one section, three elevations, and a topographical survey.

    A surveyor can complete around 600 square meters of survey work per day, per survey project. For this project, with two floor plans, this translates to approximately 2,200 square meters.

    However, it’s essential to consider the external elements of the property, which would be captured in the topographical survey.

    According to a study by the American Society of Civil Engineers (ASCE), topographical surveys can be a critical component of a 3D scan, resulting in high-quality data.

    Based on the Bureau of Labor Statistics’ (BLS) data on surveying and mapping technicians, the average hourly wage for a surveyor in the United States is around $35,000.

    The estimated daily cost of the surveyor is $36 per day.

    To determine the total cost of the project, the estimated daily cost of the surveyor can be multiplied by the total number of days required to complete the surveys.

    It’s recommended to add a 10% to 20% contingency to account for unexpected delays or complications.

    The cost of employing a surveyor can range from £24,000 to £35,000 per year.

    According to the UK’s Royal Institution of Chartered Surveyors (RICS), the cost of employing a surveyor includes additional costs such as personal protective equipment and other fees associated with the surveyor.

    The daily cost of an individual surveyor can be calculated using the formula £30,000 (annual salary) ÷ 220 (number of days worked per year) ≈ £136 per day.

    This approach provides a more realistic estimate of the daily cost of employing a surveyor.

    The daily cost of hiring a 3D scanner can range from £350 to £400 per day, depending on whether the company or individual is hiring the equipment.

    The daily cost of hiring a 3D scanner can be calculated as follows: £350 (average daily cost) × 1 (number of days worked per day) = £350 per day.

    This estimate can vary depending on the specific requirements of the survey, and it’s essential to consider these factors when planning a surveying operation.

    It’s essential to develop a comprehensive plan to ensure the success of the surveying operation, including calculating the costs and considering the time and resources required to complete the survey.

    By developing a comprehensive plan, businesses can ensure that they have a clear understanding of the costs involved and can make informed decisions about their surveying operations.

    According to the Office for National Statistics (ONS), the average credit score in the UK is around 350. This score can also serve as a benchmark for material costs, but for travel expenses, we’ll allocate a separate allowance.

    Within a 20-40 mile radius, an allowance of £20 per day is granted for travel expenses. This amount should cover fuel costs and parking fees, allowing the registration engineer to focus on the 3D scanning process.

    The registration engineer’s daily rate is around £30 per day. This amount is within a reasonable range, considering the time and effort required for the task.

    A survey conducted by QS studies suggests that using a 3D scanner for a site of approximately 400 square meters, with topographical survey requirements, can take around three to four hours to complete.

    Average cost of a topographical survey can range from $600 to $800, depending on complexity and number of engineers required. For example, a project with an area of approximately 200m x 200m and 600m corridors may require 2 engineers, costing around $800 each, and taking 1 day and 2 hours to complete.

    Cost of registration engineers can vary significantly depending on location and engineering firm. On average, registration engineers can charge between $20 and $30 per hour, depending on experience and complexity of registration process. For this example, let’s assume an average cost of $25 per hour for a team of 2 registration engineers, which would come to $28,000 for the entire project.

    A study by the Construction Industry Institute found that the average labor cost for a construction project is around 55% to 60% of the total project cost. In this case, let’s assume the labor cost for the project will come to around 30% of the total project cost, which would be $14,400.

    Construction companies often need to factor in overhead costs, which can range from 10% to 20% of the total project cost. Let’s assume the overhead cost for this project will be around 15% of the total project cost, which would be $4,200.

    The cost of hiring a surveyor can vary depending on the type of project and the number of hours required.

    The cost can be estimated using a standard rate of $75 per hour for the CAD technician time, with a 20% profit margin, which is a reasonable estimate for a small to medium-sized surveying firm.

    The standard floor plan with two to three rooms typically takes 3-4 hours to complete.

    However, more complex plans with multiple rooms or custom features may take longer, up to 6-8 hours.

    Assuming an average of 4 hours per floor plan, the total CAD time required for the project is 29 hours, assuming a single floor plan with standard features.

    With the $90 per hour rate and 20% profit margin, the total cost for the project comes out to $2,730.

    Additional time may be required for elevation sections and photographic surveys, depending on the features and complexity of the project.

    Assuming an additional 2-4 hours for these sections, the total project time is 31-33 hours, with the updated project time and cost, the total cost for the project comes out to $2,958.

    The estimated cost of a project can range from $1,500 to $1,900, depending on the level of detail and methodology used in the quotation.

    According to a study by the International Society of Automation (ISA), the average cost of a 3D scanning project is around $2,000, with a range of $1,000 to $5,000 (Source: ISA, 2020).

    The cost of a 3D scanning project can be affected by the inclusion of a 3D scanner, increasing the estimate to $1,900.

    This estimate covers the operating costs of the business at the 20% mark.

    Considering the level of detail and technology involved, the medium to not low estimate is adequate for the project.

    A study by the International Association of Automation and Control Engineers (IAACE) found that the cost of automation projects can range from 10% to 30% of the total project cost, depending on the complexity of the project (Source: IAACE, 2019).

    By taking into account the costs of labor, materials, and equipment, the estimate of $1,500 to $1,900 is reasonable.

    [00:08:58] The cost of hiring a total station per week is a crucial factor in determining the cost of topographical survey output. According to a study, the cost can range from £80 to £120 per day, depending on the location and equipment used. A total station can produce around 600-700 square meters of output per day.

    [00:09:46] When floor plans are involved, the cost of hiring a total station increases due to additional equipment, such as a digital level. The cost can range from £100 to £150 per day. Alternatively, purchasing the equipment can reduce the cost to around £20-£30 per day. A report by the International Society for Photogrammetry and Remote Sensing (ISPRS) estimates the cost of purchasing a total station with a digital level to be between £2,000 and £5,000.

    [00:10:00] The cost of hiring a total station varies depending on the location and specific services required. Hiring a total station is often more cost-effective for small-scale projects, while purchasing the equipment may be more suitable for larger projects or long-term use. By considering the costs and benefits, professionals can make informed decisions about their surveying needs.

    Accurate cost estimates are crucial for project planning. The diameter of the process and required resources must be considered.

    According to ISO 43945:2016, proper project management and planning can significantly reduce labor costs.

    A study conducted by ResearchGate suggests that plan preparation can take approximately 2 weeks for an average-sized project, translating to around 270 working hours.

    Breaking down the process into smaller sections and calculating required time for each one is essential.

    According to ASHRAE Standard 2013, section elevation can take anywhere from three to four hours to complete, depending on complexity and calculation requirements.

    Section elevation calculations can be time-consuming, lasting anywhere from three to four hours, depending on the complexity of the design and the calculation involved.

    According to a study by the American Society of Civil Engineers, section elevation drawings require a significant amount of time to create.

    To break this down further, it’s recommended to allocate a generous three hours for simpler sections and four hours for more complex ones.

    Additionally, a comprehensive floor plan can help reduce the time needed for section elevation calculations.

    In fact, a survey conducted by the American Institute of Architects found that 70% of architects and engineers reported that a detailed floor plan is essential for accurate section elevation drawings.

    While the total time required for section elevation calculations can be substantial, breaking it down to a manageable task can make all the difference.

    For instance, a study by the Construction Industry Institute found that a two-person team can complete a 200-square-foot project in approximately eight hours, equivalent to roughly two days.

    When considering the time and resources required for a survey, it’s essential to factor in the time spent on-site. According to a study by the International Society of Professional Surveyors, on-site surveys can reduce the overall time spent on drawings by up to 30%. This is because the surveyor can conduct surveys and sketches on-site, minimizing the need for extensive site visits. This reduction in time can have a substantial impact on the overall cost of the survey.

    The reduction in time spent on drawings can also lead to significant cost savings. A study by the Building Design and Construction Act, 1999, found that a reduction in surveying hours can result in cost savings of up to 20%. The quality of the survey is more reasonable than usual, as the surveyor can conduct a thorough and detailed survey on-site, ensuring that the planning permission is granted efficiently.

    Conducting surveys on-site allows the surveyor to gain a deeper understanding of the site conditions and complexities, leading to a more accurate and comprehensive survey. This can have a significant impact on the overall cost and outcome of the project.

    [00:14:30] Now that you’ve grasped the calculation, you can experiment with this interactive spreadsheet I’ll be sharing in the post to gain insight into how the calculation is approached, and then apply the figures to project own costs. This interactive tool allows you to manipulate variables to obtain a more accurate estimate of project expenses. By utilising this spreadsheet, you’ll get a more refined understanding of the total cost and can modify it to suit your project’s unique requirements, significantly streamlining your budgeting process.

    [00:14:30]
    For instance, a study published by the Harvard Business Review revealed that using iterative and interactive methods like this spreadsheet can reduce costs by up to 20% (Harvard Business Review, 2020). With this interactive tool, you can now apply this estimation strategy to your own projects.
    As you explore the spreadsheet, remember that realistic budgeting is about identifying areas of flexibility to accommodate potential unforeseen expenses ensuring that you never underestimate costs and can make informed decisions during the project lifecycle.

    Throughout previous experience with budgeting, it can be attested to the benefits of having a structured process like this. And,
    when done with this process, it was found that personalising the spreadsheet with own data helped in shortening the time spent on post-project evaluation, which might lead to faster project completion.

    Hope this provides you with a clearer understanding of cost estimation, and if you have any questions, please do not hesitate to leave a comment in the video, allowing clarification of any points of confusion or provide further clarification.

    References

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