Wednesday, October 9, 2013

What are the Important Considerations for Structural Steel Fabrication Cost Estimation?

Structural steel fabrication cost estimation is an important consideration in the design process.
The selection of structural steel frame material should be based on accurate project specific costing, and it is a challenge for the cost consultant to identify and reconcile the fluctuations in structural steel prices in relation to the returned tender price data.

All should be in the context of only limited available design information that is accumulated during the early cost estimates. There are several factors to be considered in making the structural steel fabrication process most specific, providing a comprehensive picture of cost estimation for different locations and types of buildings.

Key Cost Drivers

There are a number of factors that affect the price of the structural steel fabrication process.

Some of the most important factors are considered herewith:

  • Building Height, Sector, and Function: It is important to know that different building functions across varied sectors have unique fabrication costs due to different usage of the floor space. It typically affects the design loadings that are considered by engineers while estimating the costs for fabrication and steel framing. It all depends on the height of the building, its functions and usage, and a sector that determines the demand for structural steel. Hence, it is an important consideration in the steel fabrication cost estimation software.
  • Logistics, Location, and Access: The location of fabrication project is another key consideration in the steel fabrication cost estimation. It includes diverse market conditions across varied regions, which should necessarily be considered in estimating the cost. In addition to this, site specific features are also an important consideration that can affect the cost of the fabrication project.
  • Site conditions, Form, and Complexity: The complexity, form, and conditions of the site are an important consideration when you estimate the cost of structural steel fabrication. Structural stability is important, and hence, the quality and resilience of structural steel are of critical importance. This is where it is crucial to estimate the costs for type of complexity and condition of the site of fabrication. 
Importance of Realistic Structural Steel Fabrication Cost Estimation 

The selection of structural steel frame material is one of the most crucial stages in design and fabrication process as it has a significant impact on different elements such as finishes, foundations, wall to floor ratio, cladding, etc.

Once the decision is taken and the design is developed, it is generally abortive and disruptive to make any fundamental changes. Hence, it is most important to make the right decision based on comprehensive information on the project cost estimation.

If structural steel fabrication cost estimation is not realistic, it can impact the choice of frame material, either buying at a higher cost or getting poor quality, which has a detrimental effect on logistics; build ability, and construction programs.

For reliable and accurate results, you can buy steel fabrication cost estimation software or hire a professional expert to have realistic cost estimates for the project.

Considering these important factors is crucial in having comprehensive, cost estimates for structural steel fabrication process.

For any query of Structural Steel Fabrication, feel free to contact us Outsource Structural Drafting.

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Nikunj Patel is a design engineer working at Outsource Structural Drafting for the past 4 years. He loves designing Expert industrial equipments and can always be found in the lab discussing, brainstorming and tweaking designs. He has also worked on architectural projects taking interest in every aspect of design and analysis.

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