Cost Item (Ancillary)
Information below is provided by the role Cost Modelling through the functional part fp_model_cost_item
Cost items that deal with specifically assigned costs such as preliminaries, external works, contingencies etc. should be individually identified and assigned to the 'head' object in the model to be used for costing. Typically, this is expected to be the project. Cost item information includes:
| Information Needed | MAN | REC | OPT |
|---|---|---|---|
| Each cost item should have the unit cost basis identified as a context dependant unit and be identified as 'ITEM'. Units should not be asserted. |
|
||
| The value of the cost item should be asserted. Since ancillary items are anticipated to be item costs, this will be determined by the associated cost value (the multiplying factor is x 1) |
|
||
| Each cost item should be named according to a defined list of cost item names. Cost item names may include such items as:
|
|
||
| Each cost item used may have a further description associated to elaborate the meaning of the item. | |
||
| Each cost value captured within the cost item must also have a type assigned. | |
||
| The date on which the cost value is applicable should be asserted. | |
||
| If there is a limit to the time for which a cost is applicable, it should also be asserted. | |