QUSU06008 2012 Project: Cost Control

General Details

Full Title
Project: Cost Control
Transcript Title
Project: Cost Control
Code
QUSU06008
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 implements the practicalities of effective cost control procedures during the post contract phase of a construction project. The module is designed from the perspective of both consultant quantity surveyor and contractor's quantity surveyor/cost manager.

Learning Outcomes

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

1.

Describe effective post-contract cost control techniques

2.

Identify the principles of controlling and reporting on costs

3.

Present variations, interim valuations and final accounts

4.

Examine strategies and procedures to control predicted expenditure in line with the contract sum

5.

Prepare and assess loss and expense/delay and disruption claims

Module Assessment Strategies

Continuotus Assessment

Indicative Syllabus

Post-Contract Cost Control – contract signing – agreement of final account

Using Cash Flow for financial management

Expenditure of PC/Provisional Sums/contingencies

Managing change control/variation procedures, valuing variations & dayworks

The preparation of Interim Valuations/Stage Payments

Reporting and forecasting on costs and risk during the construction phase

Preparation, negotiation and agreement of Final Accounts

Preparation and assessment of Loss and expense/delay and disruption claims 

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 Control 2 Weekly 2.00
Laboratory Practical Computer Laboratory Cost Control 2 Weekly 2.00
Independent Learning UNKNOWN Cost Control 3 Weekly 3.00
Total Full Time Average Weekly Learner Contact Time 4.00 Hours

Module Resources

Non ISBN Literary Resources

Ashworth, A. & Hogg, K. (2007) Wills Practice and Procedure for the Quantity Surveyor. 12th ed. Blackwell, London

Seeley, I.H. (1997) Practice and Procedure for the Quantity Surveyor. 2nd ed. Palgrave Macmillan, UK

Towey, D. (2012) Construction Quantity Surveying: A Practical Guide for the Contractor's QS, Wiley-Blackwell

Other Resources

Department of Finance (2009) How to use the Costing Document (Building Works) Template: Capital Works Management Framework CO 1, 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