QUANTITY SURVEYOR BOOK DOWNLOADS
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short description about the book.
Civil engineers are involved with the design, development and construction in a huge range of projects in the built and natural environment. Their role is central to ensuring the safe, timely and well-resourced completion of infrastructure projects in many areas, including: highways construction, waste management, coastal development and geotechnical engineering.
Consulting civil engineers liaise with clients to plan, manage, design and supervise the construction of projects. They work in a number of different settings and, with experience, can run projects as project managers. Within civil engineering, consulting engineers are the designers; contracting engineers turn their plans into reality.
Consulting civil engineers provide a wide range of services to clients. During the early stages of a career, work will involve taking responsibility for minor projects; although the size of the projects may increase as experience is gained. Typical work activities include:
- Undertaking technical and feasibility studies and site investigations
- Developing detailed designs
- Assessing the potential risks of specific projects, as well as undertaking risk management in specialist roles
- Supervising tendering procedures and putting together proposals
- Managing, supervising and visiting contractors on site and advisng on civil engineering issues
- Managing budgets and other project resources
- Managing change (as the client may change their mind about the design) and identifying, formalizing and notifying relevant parties of changes in the project
Sinking funds are used for investment in wasting assets, e.g. a leasehold property. Given that systems are going to wear out and/ or need partial replacement during the currency of a contract it is thought to be prudent to ‘save for the rainy day’ by investing capital in a sinking fund to meet the cost of repairs, etc.
The sinking fund allowance, therefore, becomes a further cost to be taken into account during the evaluation process. Whether this approach is adopted will depend on a number of features including, corporate policy, interest rates, etc. Sinking funds involve investing a sum of money at the end of each year to accumulate to the sum required to replace the asset. The annual sinking fund to replace £1 in 40 years at 10% is as follows:
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QUIZ PRACTICE
RCC
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SOM/MOS
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𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘𐩘
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