Elements and Performance Criteria
- Obtain tender/cost estimate requirements
- Prepare a simple cost estimate
- Verify cost estimate
- Actual cost information is sourced from a completed tender/cost estimate project.
- Actual costs are compared with estimated cost to identify deviations.
- A report is prepared for supervisors to explain deviations according to established organisational framework, procedures and routines.
- Assistance/approval from supervisor is obtained.