NZQA registered unit standard
10043 version 7
Page 1 of 4
Title
Complete preliminary estimates and cost plans for medium and large
building projects
Level
6
Credits
15
Purpose
People credited with this unit standard are able to: complete
preliminary estimates for a medium or large building; compile an
elemental cost plan for a medium or large building; and prepare
cashflow statements to meet client requirements based on the
cost plan for a medium or large building.
Classification
Construction > Quantity Surveying
Available grade
Achieved
Explanatory notes
1
Definitions
Industry requirements refer to the way the cost of a building is currently
conceptualised and framed within the construction industry, as outlined in Elemental
Analysis of Costs of Building Projects (1992), published by New Zealand Institute of
Quantity Surveyors, Wellington; available from NZIQS
(http://www.nziqs.co.nz/publications.html.)
Small buildings are small scale, light weight buildings, generally of non-specific
design, and of domestic scale with lightweight framing and/or concrete or concrete
masonry construction.
Specifications refer to documented instructions and may include any of the following:
manufacturer’s specifications, recommendations or technical data sheets; material
specifications; specifications from a specialist source such as an architect, designer,
engineer or a supervisor; site or work specific requirements.
2
Construction methods for medium and large buildings are similar and therefore
distinctions between medium and large buildings are not required. Medium and large
buildings can include domestic and commercial buildings that are not covered by the
definition of small buildings.
3
Assessing expenditure at this level covers the completion of preliminary estimates and
elemental cost plans for uncomplicated structures to provide clients with an accurate
preliminary costing.
4
Preparation of cashflows at this level covers the analysis of a construction project to
provide clients with sufficient information to arrange their financial requirements in
general terms.
Building and Construction Industry Training
Organisation
SSB Code 101562
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
10043 version 7
Page 2 of 4
5
All activities must comply with any policies, procedures, and requirements of the
organisation/s involved; the ethical codes of relevant professional bodies; and any
relevant legislative and/or regulatory requirements.
6
Legislation and publications relevant to this unit standard include: Health and Safety
Act 1992 and Health and Safety in Employment Regulations 1995;
Building Act 2004;
NZS 4202:1995 Standard method of measurement of building works, available from
Standards New Zealand (http://www.standards.co.nz).
Outcomes and evidence requirements
Outcome 1
Complete preliminary estimates for a medium or large building.
Evidence requirements
1.1
Methods of completing preliminary estimates are explained in terms of area,
cubic metres, and unit of accommodation.
1.2
Preliminary estimate systems are evaluated, selected, and applied to give a
complete costing in terms of available information.
Outcome 2
Compile an elemental cost plan for a medium or large building.
Evidence requirements
2.1
Elemental cost plan concepts are researched and explained in terms of industry
requirements and based on elemental analysis rules.
2.2
Relevant cost plan documentation is identified, assembled, and interpreted in
terms of industry requirements.
Range
preliminary drawings and specifications, design briefs, historical
cost information.
2.3
Cost fluctuations are applied to historical rates to meet current market
conditions.
2.4
Costs are evaluated according to elemental analysis rules, and elemental
estimating procedures are applied to all items.
Range
2.5
bulk quantity units, elemental units.
Total elemental cost plan is assembled, with supporting documentation to
formulate cost plans that meet client requirements.
Building and Construction Industry Training
Organisation
SSB Code 101562
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
10043 version 7
Page 3 of 4
Outcome 3
Prepare cashflow statements to meet client requirements based on the cost plan for a
medium or large building.
Evidence requirements
3.1
The purpose of cashflow statements is explained in terms of client
requirements.
3.2
Forms of cashflows are identified, selected, and prepared to suit client
requirements.
3.3
Format of presentation is in accordance with the accepted standard within
industry.
Planned review date
31 December 2015
Status information and last date for assessment for superseded versions
Process
Version Date
Last Date for Assessment
Registration
1
28 February 1997
31 December 2014
Revision
2
10 December 1997
31 December 2014
Revision
3
8 October 1998
31 December 2014
Revision
4
7 June 2000
31 December 2014
Review
5
20 March 2003
31 December 2014
Revision
6
19 July 2004
31 December 2014
Review
7
18 March 2011
N/A
Accreditation and Moderation Action Plan (AMAP) reference
0048
This AMAP can be accessed at http://www.nzqa.govt.nz/framework/search/index.do.
Please note
Providers must be granted consent to assess against standards (accredited) by NZQA, or
an inter-institutional body with delegated authority for quality assurance, before they can
report credits from assessment against unit standards or deliver courses of study leading
to that assessment.
Industry Training Organisations must be granted consent to assess against standards by
NZQA before they can register credits from assessment against unit standards.
Providers and Industry Training Organisations, which have been granted consent and
which are assessing against unit standards must engage with the moderation system that
applies to those standards.
Building and Construction Industry Training
Organisation
SSB Code 101562
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
10043 version 7
Page 4 of 4
Consent requirements and an outline of the moderation system that applies to this
standard are outlined in the Accreditation and Moderation Action Plan (AMAP). The
AMAP also includes useful information about special requirements for organisations
wishing to develop education and training programmes, such as minimum qualifications for
tutors and assessors, and special resource requirements.
Comments on this unit standard
Please contact the Building and Construction Industry Training Organisation
national.office@bcito.org.nz if you wish to suggest changes to the content of this unit
standard.
Building and Construction Industry Training
Organisation
SSB Code 101562
 New Zealand Qualifications Authority 2016