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CE402: PROFESSIONAL PRACTICE AND VALUATION CREDITS = 5 (L=3, T=2, P=0) Course Objective: 1. Impart the knowledge of Estimating, Costing and Valuation for Civil Engineering Structures. 2. Prepare and evaluate contract documents. Teaching and Assessment Scheme: Teaching Scheme Credits Assessment Scheme Theory Practical Total L T P C Marks ESE CE ESE CE 150 3 2 0 5 70 30 30 20 Course Contents: Unit Topics Teaching No. Hours 1 Introduction: 22 Estimating and valuation: Purpose and uses of estimations and valuation. Types of estimates. Principles and Units of measurements as per BIS. Building Estimate: Mode of measurements for different items of Building Project. Methods of calculating quantities. Estimating cost of building. Introduction to estimates of other Civil engineering structures. Market Survey: Traditional and modular materials, Market survey of materials of construction, Wages of labor, Tools, Plant and equipment of construction. 2 Rate Analysis and Specifications: 11 Specification: Objectives and importance of specification, Specification of materials, Specification of works, Language of specification writing. Types of specifications. Drafting of detailed specifications for Building & Road projects. Rate Analysis: Prerequisites and factors affecting rate analysis, overhead expenses, procedure for rate analysis, schedule of rates. Task work, labor requirement for different works, material requirement for different works, and Rate analysis of different items of work. Book Keeping: Work abstract, material account at site, measurement book, muster role, hiring and maintenance of equipment, record of bills, vouchers and receipt book. Unit Topics Teaching No. Hours 3 Tenders And Contracts: 06 Tender notice, tender document, Types of Contracts. Terms and conditions of contract, Agreement, Form of Contract, Responsibility of owner, Architect, Contractor and Engineer. Contractual disputes and arbitration. Abstracting and Billing: Purpose of abstract, preparation of abstract, measurements and billing, Checking of bills and final bill. 4 Valuation: 06 Purpose of valuation, types of property, Valuation of property, Depreciation, Sinking fund, Lease hold and free hold property, mortgage. Easements and types, Obsolescence, Gross income, Outgoing and Net income, Capitalized value and year's purchase. Rental method of valuations, and typical problems. TOTAL 45 List of References: 1. B. N. Dutta, “Estimating and Costing in Civil Engineering”, ISBN 978-81-7476-611-3, UBS Publishers’ Distributors Ltd. 25th edition, 2002. 2. S. C. Rangwala, “Estimating, Costing & Valuation”, ISBN 978-93-85039-05-8 Charotar Publishing House Pvt. Anand, Ltd 7th edition, 2015. 3. S. C. Rangwala, “Estimating, Costing & Valuation”, ISBN 978-93-85039-05-8 Charotar Publishing House Pvt. Anand, Ltd 7th edition, 2015. Add books on contract, arbitration etc 4. G. S. Biridi, Textbook of Estimating & Costing”, ISBN 978-93-84378-13-44Dhanapat Rai & Sons. Delhi. 8th edition, 2015 5. M. Chakraborti, “Estimating, Costing, Specification and Valuation in Civil Engineering” ISBN 9788185304366, 818530436X, M. Chakraborti, Calcutta. 24th edition, 2010 6. SP 27 (1987): Handbook of Method of Measurement of Buildings Works. Reaffirmed 2003. Course Outcomes (COs): 1. Prepare quantity estimates for Buildings, roads & rails and canal structures as per specifications. 2. Draft detailed specifications and work out Rate Analysis for all works related to civil engineering projects. 3. Ascertain the quantity of materials required for Civil engineering works as per specifications. 4. Prepare cost estimate and valuation of civil engineering works. 5. Prepare tenders & contract documents. Evaluate contracts and tenders in construction practice.
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