| Semester 1, 2022 Online | |
| Units : | 1 |
| Faculty or Section : | Faculty of Health, Engineering and Sciences |
| School or Department : | School of Surveying & Built Environment |
| Grading basis : | Graded |
| Course fee schedule : | /current-students/administration/fees/fee-schedules |
Staffing
Examiner:
Requisites
Pre-requisite: CMG1001 and ENG1100
Overview
Clients, contractors, and subcontractors need a thorough understanding on how to estimate the cost of a given project when commissioning projects and also when tendering for projects. Additionally, they should be able to plan, manage and control the cost throughout the project lifecycle. Accordingly, it is important that clear understanding of procedures and processes used is developed including an understanding on how costs could be planned and controlled to meet the budgetary provisions of the client and to meet profit margins for the contractor.
This course introduces students to cost management topics including cost planning and controlling. Measurement processes for the pricing of quantities using standard building and civil measurement will be investigated and students will be introduced to standard computer programs which are available to assist with estimation and cost management.
Course learning outcomes
The course objectives define the student learning outcomes for a course. On completion of this course, students should be able to:
- Outline and apply a project scope plan;
- Apply commonly used measurement techniques in Construction projects;
- Explain and apply price break down and rate build-up techniques;
- Apply the process of estimation and prepare a bill of quantity for a small construction project;
- Explain the processes for cost management and control;
- Apply cost planning and control techniques used for construction projects;
- Utilise computing software and including the relevance of BIM to assist in cost management.
Topics
| Description | Weighting(%) | |
|---|---|---|
| 1. | Introduction to project scope plan | 10.00 |
| 2. | Evaluating basic principles of measurement of building and civil works | 10.00 |
| 3. | Preparation of pricing documents and understanding estimation process | 10.00 |
| 4. | Calculation of construction labour, material, plant, equipment and indirect cost | 10.00 |
| 5. | Estimating cost of building and civil works | 15.00 |
| 6. | Assessing Tender collation and submission process | 5.00 |
| 7. | Introduction to cost estimation software and the application of BIM in cost management | 15.00 |
| 8. | Discuss Cost planning for construction projects | 10.00 |
| 9. | Implement Cost control processes and techniques | 15.00 |
Text and materials required to be purchased or accessed
Student workload expectations
To do well in this subject, students are expected to commit approximately 10 hours per week including class contact hours, independent study, and all assessment tasks. If you are undertaking additional activities, which may include placements and residential schools, the weekly workload hours may vary.
Assessment details
| Description | Group Assessment |
Weighting (%) | Course learning outcomes |
|---|---|---|---|
| Report 1 | No | 25 | 1,2,3 |
| Report 2 | No | 30 | 1,2,4,7 |
| Take home examination | No | 45 | 1,2,3,4,5,6,7 |