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Engr. Prof. Dr. Attaullah Shah
Pakistan
Приєднався 8 жов 2015
Engr. Prof. Dr. Attaullah Shah is a researcher, teacher and professional in the fields of Civil Engineering, Construction Management and Sustainable built Environment. His areas of interests include Shear properties of High Strength Concrete, Retrofitting of damaged buildings, Construction and Procurement Management and Design and construction and sustainable buildings.
He has been working as Vice Chancellor City University of Science and IT Peshawar. Previously He was working as Director ( Projects) at Allama Iqbal Open University (www.aiou .edu.pk). He started his career as Junior Structural Engineer at NESPAK and later joined Communication and Works Department KPK for ten years.
He has been working as Vice Chancellor City University of Science and IT Peshawar. Previously He was working as Director ( Projects) at Allama Iqbal Open University (www.aiou .edu.pk). He started his career as Junior Structural Engineer at NESPAK and later joined Communication and Works Department KPK for ten years.
Project Cost Managementt01
Components of Cost
Tangible costs or benefits are those costs or benefits that an organization can easily measure in dollars.
Intangible costs or benefits are costs or benefits that are difficult to measure in monetary terms.
Direct costs are costs that can be directly related to producing the products and services of the project.
Indirect costs are costs that are not directly related to the products or services of the project, but are indirectly related to performing the project.
Sunk cost is money that has been spent in the past; when deciding what projects to invest in or continue, you should not include sunk costs.
Basic Principles of Cost Management
Learning curve theory states that when many items are produced repetitively, the unit cost of those items decreases in a regular pattern as more units are produced.
Reserves are dollars included in a cost estimate to mitigate cost risk by allowing for future situations that are difficult to predict.
Contingency reserves allow for future situations that may be partially planned for (sometimes called known unknowns) and are included in the project cost baseline.
Management reserves allow for future situations that are unpredictable (sometimes called unknown unknowns).
Project Cost Management includes the processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget.
Plan Cost Management-The process of defining how the project costs will be estimated, budgeted, managed, monitored, and controlled.
Cost Estimating - developing an approximation of the costs of the resources needed to complete project activities.
Cost Budgeting - aggregating the estimated costs of individual activities or work packages to establish a cost baseline.
Cost Control - influencing the factors that create cost variances and controlling changes to the project budget.
Project Cost Management is primarily concerned with the cost of the resources needed to complete project activities.
Project Cost Management should consider the effect of project decisions on the subsequent recurring cost of using, maintaining, and supporting the product, service, or result of the project.
For example, limiting the number of design reviews can reduce the cost of the project but could increase the resulting product’s operating costs
Tangible costs or benefits are those costs or benefits that an organization can easily measure in dollars.
Intangible costs or benefits are costs or benefits that are difficult to measure in monetary terms.
Direct costs are costs that can be directly related to producing the products and services of the project.
Indirect costs are costs that are not directly related to the products or services of the project, but are indirectly related to performing the project.
Sunk cost is money that has been spent in the past; when deciding what projects to invest in or continue, you should not include sunk costs.
Basic Principles of Cost Management
Learning curve theory states that when many items are produced repetitively, the unit cost of those items decreases in a regular pattern as more units are produced.
Reserves are dollars included in a cost estimate to mitigate cost risk by allowing for future situations that are difficult to predict.
Contingency reserves allow for future situations that may be partially planned for (sometimes called known unknowns) and are included in the project cost baseline.
Management reserves allow for future situations that are unpredictable (sometimes called unknown unknowns).
Project Cost Management includes the processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget.
Plan Cost Management-The process of defining how the project costs will be estimated, budgeted, managed, monitored, and controlled.
Cost Estimating - developing an approximation of the costs of the resources needed to complete project activities.
Cost Budgeting - aggregating the estimated costs of individual activities or work packages to establish a cost baseline.
Cost Control - influencing the factors that create cost variances and controlling changes to the project budget.
Project Cost Management is primarily concerned with the cost of the resources needed to complete project activities.
Project Cost Management should consider the effect of project decisions on the subsequent recurring cost of using, maintaining, and supporting the product, service, or result of the project.
For example, limiting the number of design reviews can reduce the cost of the project but could increase the resulting product’s operating costs
Переглядів: 55
Відео
Project Mangt, Lec6 Part1 June 22,2024
Переглядів 43Місяць тому
A temporary endeavor to create a Unique Product or Service. A unique one time effort bound by cost, time and resources/technical performance ( CST) and has defined objectives to satisfy the customer needs. Project is an undertaking having definite objectives, and specific beginning and ending points, limited budgets, defined scope. Sum of certain activities and tasks required to be performed in...
VCs KIU Message on the Inaugural of Pak China Digital Alliance
Переглядів 35Місяць тому
The Alliance will provide ample opportunities for the development of the youth of the region for digital and employability skills. Pakistan is blessed with more than 120 Million youth who can play a pivotal role in the socioeconomic development of the region. This alliance which a hallmark in the area will empower the youth of Pakistan. KIU will be part of this alliance to provide more opportun...
Project Management Class Hunza
Переглядів 183 місяці тому
"It is easier to fight for one's principles than to live up to them." Alfred Adler "A man will fight harder for his interests than for his rights." Napoleon Bonaparte "The man who fights for his fellow-man is a better man than the one who fights for himself." Clarence Darrow "I never make the mistake of arguing with people for whose opinions I have no respect." Edward Gibbon "What counts is not...
December 12, 2023
Переглядів 227 місяців тому
Aerial view of Gilgit city and KIU from top of the mountains opposite KIU. the new track developed by GDA gives a safe approach
VC KIU Address to the new students of Fall 2023
Переглядів 3810 місяців тому
Students Orientation Message of VC KIU to Fall 2023 intake
Project Risk Management
Переглядів 8211 місяців тому
Great deeds are usually brought at great risks. Herodotus: If the creator had a purpose in equipping us with a neck, he surely meant us to stick it out. Arthur Koestler 'It is impossible to begin to learn that which one thinks one already knows'. Epictetus I am always doing that which I can not do, in order that I may learn how to do it." Pablo Picasso One of the greatest joys known to man is t...
VC KIU Message on Kashmir Youmi Estehsal Aug2023
Переглядів 37Рік тому
The Video is message of VC KIU Prof. Dr. Attaullah Shah about the tyranny and injustices committed by India against the innocent people of Illegally Indian Occupied Kashmir for last 4 years. The atrocities made by Indian army in IIOK have set new record of cruelty and gruesome acts.
Project Management Class Scope Management
Переглядів 89Рік тому
Scope refers to all the work involved in creating the products of the project and the processes used to create them Project scope management includes the processes involved in defining and controlling what is or is not included in the project Deliverables are products produced as part of a project, such as hardware or software, planning documents, or meeting minutes The project team and stakeho...
Lec 3 Project Management June 03,2023
Переглядів 65Рік тому
Project Appraisal ( Pre-project) ( Before Commencement of Project PC-I, PC-II). Project monitoring. ( Ante Project) ( During Execution of the Projects PC-III) Project Evaluation ( Post Project) ( After Completion of the projects. PC-IV,PC-V) ' A feasibility study is defined as an evaluation or analysis of the potential impact of a proposed project or program. A feasibility study is conducted to...
TDF Promotional Video Final- Karakoram International University
Переглядів 191Рік тому
TDF Project of Dr Attaullah Shah and Dr. Manzoor Ali Problem Statement: KIU located confluence of Hunza and Gilgit Rivers is facing the problem of water to depth of about 200 to 300 feet. Huge money is spent on its lift to main Campus. The project has been designed to make use of this water both for use and electricity generation Technical Parameters Prototype based on Ultra-Low Head Turbine is...
Ice Stupa Development in Hyderabad Stream Hunza by KIY team
Переглядів 151Рік тому
The Worthy Vice Chancellor KIU Engr. Prof. Dr. Attaullah Shah along with project team consisting on faculty and students of KIU and the supporting staff visited the Ice Stupa site, Hyderabad Nalla Hunza. Under the GLOF-II project funded by UNDP The KIU team experimentally developing the Ice stupa to strengthen the fresh water deposits. The project will help to avoid the water wastage and water ...
Class Procurement Mangement PPRA Rule part1
Переглядів 92Рік тому
Economy-Price, quality, time constraints, associated risks must give the value of money Efficiency and optimization: Best value for money Fairness: equal opportunity for healthy competition Transparency: Relevant procurement information publicly available Accountability: To discharge their personal responsibilities according to Rules. PPRA Rules 2004 amended 2021 Methods of Procurement under PP...
Project Procurement Lec 3 Selection Criteria
Переглядів 97Рік тому
In competitive tendering generally proposes models for the appraisal of the competitive value of tenders based only on the evaluation of factors which have an immediate financial impact. In traditional method- select the contractor with the lowest bid after the process of pre-qualification. This is based on the assumption that the pre-qualification exercise eliminates all incompetent contractor...
Qari Amanullah Khan Session 2 on Peeri Roomi and reading Mathnavi Maulana Room in melodious voice.
Переглядів 47Рік тому
Qari Amanullah Khan Session 2 on Peeri Roomi and reading Mathnavi Maulana Room in melodious voice.
Qari Amanullah Khan Advocate on Maulana Room and Allama Iqbal on Iqbal's Day
Переглядів 91Рік тому
Qari Amanullah Khan Advocate on Maulana Room and Allama Iqbal on Iqbal's Day
Publishing and Reviewing of your research article
Переглядів 34Рік тому
Publishing and Reviewing of your research article
VC KIU Message on World Teachers' Day 2022
Переглядів 45Рік тому
VC KIU Message on World Teachers' Day 2022
Keynote of National Conference on Research at Skardu-Baltistan
Переглядів 25Рік тому
Keynote of National Conference on Research at Skardu-Baltistan
Haji Amanullah Khan my father presenting short commentary on Maulana Room thoughts on active Muslim
Переглядів 1222 роки тому
Haji Amanullah Khan my father presenting short commentary on Maulana Room thoughts on active Muslim
VC KIU and Sports Team and Higher Performance Academy Team Discussing Kamyab Jawan Program (KJP)
Переглядів 752 роки тому
VC KIU and Sports Team and Higher Performance Academy Team Discussing Kamyab Jawan Program (KJP)
Comments of Dr. Attaullah Shah VC KIU at the Book Launch: India's Relations with Neighbors
Переглядів 2092 роки тому
Comments of Dr. Attaullah Shah VC KIU at the Book Launch: India's Relations with Neighbors
Engr Dr Attaullah Shah Candidate PEG for Vice Chairman KP GB
Переглядів 1583 роки тому
Engr Dr Attaullah Shah Candidate PEG for Vice Chairman KP GB
Engr. Dr. Attaullah Shah addressing the voter for PEC Election 2021
Переглядів 493 роки тому
Engr. Dr. Attaullah Shah addressing the voter for PEC Election 2021
Omg 😱
Thanks
Where I can find this lecture
❤ excellent work under your prudent leadership
❤❤
MashaAllah Sir,,, Stay blessed
I m first viewer of this lecture sir I m Engr. bilal ashraf I have worked under ur cammand at at AIOU isd
Sir agar portal vine bnd ho kyaa kaernaa chaheeye
Whttsaap
Sir whttsaap plz
This is an excellent Vlog, thanks for sharing
❤
Awsome lectures.
Nice sir. Stay bless
I hope improvements to this project will continue both in technology and in the enhancement of power generation.
Sir if work is done in defect liability period is escalation permissible
Please deliver a lecture on PPP and BOT
Thanks for such insightful lecture on project procurement planning process. Respected sir we are lucky enough to have your goodself being an authority on public procurement policies and practices. its one of the finest moments of life to learn under your dynamic and versatile mentorship. stay blessed stay safe sir, you are asset of Pakistan, lot of love and respect my mentor.
ماشاءاللہ خدا دونوں بزرگوں کو سلامت رکھے اور یوں علم سے معاشرے کی تعمیر کرتے رہیں۔
Mashallah
Salam to all
Believe me sir, you are just reading. Instead you can just publish yours lecture. Every point should be properly explained.
thanks a lot.
very good initiative... and very useful lecture
finally found a local professor's lecture.... thank you so much sir
Great 👍
MASHALLAH Great work and guidance for us
Sir Tell me..who are change agents which are helping us to adopt New Normal style in Pakistan and how?
Masha ALLAH
Great 😊 MashAllah. Must be a proud dad. ⭐️⭐️
Masha Allah
Masha Allah A decent & learned person Allah give him long life with best health
"Normally we ask consultant to calculate actual weightages". It should be part of this lecture that how consultant do the calculation. Especially for labor, POL and fixed portion. Billing period explanation was wrong. Price adjustment applies to actual financial progress in each month that month is Billing period. If any IPC is more than one month then it needs to be segregated into months based on actual work done. A few more minor conceptual mistakes are there and the lecture is too basic
Thanks. The lecture is mainly for beginners. The basic calculation of indices is made on the basis of actual consumption of materials like cement, steel etc, based on analysis of final designs and BoQs. These indices remain more or less the same with minor changes in scope. Price adjustment applies to the work done and to be paid. As regards the splitting of the bills into monthly parts is understood, as the data for indices of inputs is available for the monthly changes through Statistical Bulletin. However, in case of the non-availability of monthly data, the average price changes can be used. If you have some better case studies, which you can share on the basis of actual calculation, it can add value to the lec. We pay price adjustment after 3-4 months, as it may not be easier to collect data in places like GB. Ideally payment it with every bill is more approrpaite. Kind Regards Engr. Prof. Attaullah Shah Vice Chancellor Karakoram International University Gilgit
بہت زبردست سر جی
Thanks for your wonderful narration
Vote for doctor Attaullah sir... One of the best candidate of vice chairman
100% support for you sir from Karachi .
GOD bless you, sir, for leading from FRONT. Getting to the top is optional. Getting down is mandatory. Ed Viesturs
Woow Dr. sahib great work and stay safe
Mashallah Sir, GB university is in lovely environment , it will groom to excellence in your tenure inshallah, Stay blessed have a healthy and peaceful life sir
اللہ پاک آپ کو صحت کاملہ عطا فرمائے آمین
Great👍🏻👍🏻
Pride of KIU
Thanks for compliments-Eid Greetings and Stay Blessed
Mashallah sir doing a great job. Congratulations on crossing 1k subscriber. one thing needs to improve sir that is, MAKE A SPERATE PLAYLIST FOR EACH SUBJECT, FOR EXAMPLE, PROJECT in MANAGEMENT FOLDER CONTAIN ALL PROJECT MANAGEMENT LECTURE SAME FOR ALL SUBJECT. Recently I was watching project management videos series, and it was quite difficult and time-consuming process to search project management videos from groups of videos. The second suggestion every subject has a different thumbnail. for example, all the project management lecture should be same and they will be used for any other subject, design unique thumbnail for each subject .
Thanks for compliments. Playlists have been created and the lectures are transferred now- Hope it will be easy to locate under various themes .
Good sir
Thanks for compliments-Eid Greetings and Stay Blessed
Very useful presentation
Very informational and educative video
Very informative lecture.
Excellent work Sir.
Quite knowledgeable content.