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Construction Estimating and Risk Management

Undergraduate | CUR-CME308 | 2024

Unearth past and current estimation methods and standards in the construction industry. Interpret contracts to develop basic unit rates. Calculate project estimates, review quotations and prepare tenders. Control profit margins and manage overheads. 

Study method
100% online
Assessments
100% online
Enrol by
18 Aug 2024
Entry requirements
Part of a degree
Duration
13 weeks
Start dates
26 Feb 2024,
26 Aug 2024

Price from

$1,118

Upfront cost

$0

HECS-HELP and FEE-HELP available

Construction Estimating and Risk Management

About this subject

  • At the completion of this subject students will be able to:

    1. apply the process of estimating and the techniques used by construction contractors in preparing a tender
    2. interpret contract documents in order to develop basic subject rates and apply basic rates to calculate project estimates
    3. evaluate the identification and application of risk management concepts to create authentic project estimates
    4. reflect upon the relationship between risk considerations while preparing a pre-contract estimate and actual cost performance during the cycle-time of a project contract.

Entry requirements

Part of a degree

To enrol in this subject you must be accepted into one of the following degrees:

Elective

  • CUR-FAST-DEG-2024 - Fast track your Curtin on campus study

Prior study

You must either have successfully completed the following subject(s) before starting this subject, or currently be enrolled in the following subject(s) in a prior study period; or enrol in the following subject(s) to study prior to this subject:

  • CUR-CME201-Building Measurement (no longer available)

Please note that your enrolment in this subject is conditional on successful completion of these prerequisite subject(s). If you study the prerequisite subject(s) in the study period immediately prior to studying this subject, your result for the prerequisite subject(s) will not be finalised prior to the close of enrolment. In this situation, should you not complete your prerequisite subject(s) successfully you should not continue with your enrolment in this subject. If you are currently enrolled in the prerequisite subject(s) and believe you may not complete these all successfully, it is your responsibility to reschedule your study of this subject to give you time to re-attempt the prerequisite subject(s).

Others

Note: Level 3 subjects normally assume a moderate level of prior knowledge in the area, eg from completing all Level 2 subjects or relevant experience.

Additional requirements

No additional requirements

Study load

0.125 EFTSL
This is in the range of 10 to 12 hours of study each week.

Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.

Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.

Related degrees

Once you’ve completed this subject it can be credited towards one of the following courses

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UndergraduateCUR-FAST-DEG

Fast track your Curtin on campus study

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