QUSU06007 2012 Project Cost Management

General Details

Full Title
Project Cost Management
Transcript Title
Project Cost Management
Code
QUSU06007
Attendance
75 %
Subject Area
QUSU - Quantity Surveying
Department
CENG - Civil Eng. and Construction
Level
06 - NFQ Level 6
Credit
05 - 05 Credits
Duration
Semester
Fee
Start Term
2012 - Full Academic Year 2012-13
End Term
9999 - The End of Time
Author(s)
Sean McGagh
Programme Membership
SG_JCONS_B07 201300 Bachelor of Science in Construction Management and Costing SG_JQUAN_B07 201300 Bachelor of Science in Quantity Surveying SG_JCONS_B07 201400 Bachelor of Science in Construction Cost Management SG_JQUAN_H08 201400 Bachelor of Science (Honours) in Quantity Surveying
Description

This module will enable the student to practically apply cost planning techniques from inception to contract signing and to maintain value for money during the design stage of an individual project

Learning Outcomes

On completion of this module the learner will/should be able to;

1.

Identify the factors that influence the cost of buildings

2.

Have an awareness on of how design decisions have on impact on construction costs

3.

Discuss the techniques and stages of pre-contact cost planning

4.

Investigate the benefits of Life Cycle Costing and Value Engineering

5.

Employ sources of cost data for application to current developments

Module Assessment Strategies

Continuotus Assessment

Indicative Syllabus

Factors That Influence the Cost Of Buildings - Plan Shape, Height, Envelope Area, internal partitions, ratios, buildability, location

Cost Planning during design stage - inception to acceptance, public 5 steps

Cost Modelling, unit method, area/m², reconciliation

Indicative Estimates and Budget Setting, Benchmarking

Structure - National Standard of Building Elements

Estimating – single price, composite, elemental, approximate

Cost Data – sources, BCIS, interrogation of historical data, reliability, manipulation – analysis of previous projects to be used for cost information

Cost Indices – use and approaches, published forms

Whole Life Costs/Life Cycle Costing

Applied Value Engineering/Value Mangement

Coursework & Assessment Breakdown

Coursework & Continuous Assessment
100 %

Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Continuous Assessment Continuous Assessment UNKNOWN 100 % OnGoing 1,2,3,4,5
             
             

Full Time Mode Workload


Type Location Description Hours Frequency Avg Workload
Lecture Lecture Theatre Cost Planning 2 Weekly 2.00
Laboratory Practical Computer Laboratory Cost Planning 2 Weekly 2.00
Independent Learning UNKNOWN Cost Planning 3 Weekly 3.00
Total Full Time Average Weekly Learner Contact Time 4.00 Hours

Module Resources

Non ISBN Literary Resources

Ashworth, A. (2010) 5th ed. Cost Studies of Buildings, Prentice Hall

Flanagan, R. Tate, B. (1997) Cost control in building design, Blackwell, London

Jaggar, D. & Ross, A. (2002) Building Design Cost Management, Blackwell, London

Kirkham, R. (2007) 8th ed. Ferry and Brandons Cost Planning of Buildings, Blackwell, London

Smith, J. & Jaggar, D. (2006) 2nd ed. Building Cost Planning for the Design Team, Butterworth-Heinemann

Other Resources

Department of Finance (2009) How to use the Costing Document (Building Works) Template: Capital Works Management Framework, Department of Finance, Dublin

National Building Elements Committee (1993) National Standard of Building Elements and Design Cost Control Procedures. (3rd ed). Environmental Research Unit. Dublin.

Additional Information

None