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10. Construction Methods and Equipment Management
This lecture focuses on estimating the operating costs associated with equipment in construction, emphasizing the difference between ownership costs and operating costs. It elaborates on various components of operating costs, such as fuel, lubricants, labor wages, and maintenance and repair costs. The chapter also presents practical methods for estimating total equipment costs using established methods.
Sections
This section covers the estimation of operating costs for construction equipment, detailing various components and methods for management.
This section discusses the estimation of operating costs associated with construction equipment, distinguishing it from ownership costs and identifying its components.
This section recaps the previous lecture on estimating ownership costs, focusing on the components of operating costs and methods for estimating total equipment costs.
This section discusses the various components that make up the operating cost of construction equipment, emphasizing their variability based on equipment usage and conditions.
This section discusses how to estimate operating costs associated with construction equipment, including components such as consumables, labor, and maintenance.
Operating costs are incurred only during equipment usage and are variable based on job conditions.
Consumables, wages, and minor repairs form key components of operating costs, while major repairs are accounted under ownership costs.
Past experience and manufacturer guidelines are crucial for accurately estimating operating costs.
Operating Cost
A cost incurred only during the usage of equipment, variable based on job and equipment operation.
Ownership Cost
Fixed costs that are incurred regardless of whether the equipment is actively being operated.
Maintenance and Repair Cost
Costs associated with the upkeep and repair of machinery, which can vary with usage and job conditions.
Consumables
Items that are used up during equipment operation, such as fuel and lubricants.
Practice Exercises
Total Questions
2
Estimated Time
4 min
Passing Score
70%
Instructions
- Read each question carefully
- You can use hints if you need help
- Complete all questions before submitting
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