QUSU06007 2012 Project Cost Management
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