ARCHITECT | ENGINEER | PRELIMINARY PLAN FOR CONSTRUCTION WORK


ARCHITECT | ENGINEER | PRELIMINARY PLAN FOR CONSTRUCTION WORK

ARCHITECT | ENGINEER | PRELIMINARY PLAN FOR CONSTRUCTION WORK
To determine with some precision the cost of financing a work, it is necessary to have an investment plan.
Investment plan
The investment plan, or spending budget, is drawn up from the work plan.
We discuss the steps involved in developing the work plan and the corresponding investment plan below.
Work Plan
We get the work plan from the planning of the project or work, this implies quantifying the time and resources that the project will demand.
The planning is fundamental to trace the action plan to follow and to define the logical sequence of the activities or tasks to develop.
We materialize the planning of a work in a diagram, for example, a Gantt, in which the following is examined:
-The totality of the tasks to be executed and the supplies to be provided.
-The choice of technologies to be used to develop the project.
-The execution times of each activity.
To establish the execution times of each activity, it is necessary to determine the productivity of the workers and the productivity of the related equipment, to define the times of provision of the supplies, etc.
-We develop a definition of the sequence or logical chain in which the activities.
Once the previous steps have been completed, it is possible to create a preliminary work plan under the milestones established by the customer or by the bidding document.
Then, the resource consumption of each activity is quantified and we add the cost of those resources.
Once this is done, we can distribute the money requirements over time, i.e., we can plan the investment plan.
This allows us to know the amount of initial capital needed and the funds to be invested periodically during construction.
Once the investment plan has been drawn up, it is necessary to define the dates and amounts of the income to be received from the progress of the work in terms of payment for the work carried out.
The result between the two tables of values, investments or expenses and payments or income (payback) determines which is the cash flow and in which period the need for capital occurs.