Elements and Performance Criteria
- Identify costs involved in producing design
- Calculate project costs
- Costs of materials, components and finishes are calculated
- Labour costs, including design fees, are calculated
- Overheads and hidden costs are calculated
- Costs of required plant and equipment are calculated
- Supplier prices are compared to ensure most cost-effective solutions
- Options for reducing costs are identified
- Prepare and present cost quotation
- Costs are itemised and detailed on documentation according to industry standards
- Additional information and samples are prepared, as required, to support quotation
- Quote is presented to the client and details and costing options discussed to confirm all items documented
- Quote is modified and finalised according to client response
- Client agreement to the quote is obtained and documented
- Prepare and present contract documentation