QUSU06007 2012 Project Cost Management
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;
Identify the factors that influence the cost of buildings
Have an awareness on of how design decisions have on impact on construction costs
Discuss the techniques and stages of pre-contact cost planning
Investigate the benefits of Life Cycle Costing and Value Engineering
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 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 |
Module 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
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.
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