Cost Management
UndergraduateCUR-CME3072025
Build on learning and study advanced cost modelling software. Compare costs for designs. Ensure projects are delivered to budget. Explore life cycle costing techniques and the value management chain. Assess the value of cost management process.
- Study method
- 100% online
- Assessments
- 100% online
- Enrol by
- 23 Nov 2025
- Entry requirements
- Part of a degree
- Duration
- 13 weeks
- Start dates
- 2 June 2025,
- 1 Dec 2025
- Price from
- $1,286
- Upfront cost
- $0
- Loan available
- HECS-HELP and FEE-HELP available
Cost Management
About this subject
At the completion of this subject students will be able to:
- analyse the application of appropriate cost data for managing cost plans
- compare costs for alternative design solutions
- critically appraise the value of cost management processes.
- Value Management
- Approximate Quantities
- Pricing Alternatives
- Cost Modelling
- Life Cycle Costing
This subject was previously known as Cost Management 3.
In this subject, students will apply advanced processes and techniques for cost management including the techniques of cost modelling, composite rate, life cycle costing, value engineering and value management. The subject extends from the principles of estimating and cost planning for developing a more accurate or reliable cost plan.
Please Note: If it’s your first time studying a Curtin University subject you’ll need to complete their compulsory ‘Academic Integrity Program’. It only takes two hours to complete online, and provides you with vital information about studying with Curtin University. The Academic Integrity Program is compulsory, so if it’s not completed your subject grades will be withheld.
Find out more about the Academic Integrity module.
- Approximate Quantities (25%)
- Value Management Study (25%)
- Elemental Cost Plan Report (50%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- CUR-CME-DEG-2025 - Bachelor of Applied Science (Construction Management)
Elective
- CUR-FAST-DEG-2025 - 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:
one of
CUR-CME208 (Not currently available)
- CUR-CME215-Construction Estimating and Cost Planning
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
Admission to degree required. Please 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
- Equipment requirements - Audio video equipment required.
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
Bachelor of Applied Science (Construction Management)
UndergraduateCUR-CME-DEG
Fast track your Curtin on campus study
UndergraduateCUR-FAST-DEG