Dig into design economics in the building industry. Use specific planning techniques, materials and designs to control building costs. Identify the benefits of elemental estimating to cost a project by parts. Compare and apply cost benefit analysis.
Your upfront cost: $0
- 30 Nov 2020
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At the completion of this subject students will be able to:
- apply appropriate sources of information in cost planning
- explain and test appropriate techniques to manipulate data in assessing the cost of buildings
- evaluate the cost and/or benefit of various building designs and components
- assess future building costs by manipulating historic cost data.
- Cost Benefit Analysis
- Design Economics (Time Cost and Quality)
- Design Economics (Physical Design Criteria)
- Cost Planning Techniques
- Elemental Estimating - Components
- Elemental Estimating - Elemental Cost Analyses
- Elemental Estimating - Developing the Elemental Cost Plan
- Elemental Estimating - Manipulating and Interpreting the Data
- Exercises in Elemental Estimating
- Approximate Quantities
- Stages in Cost Planning
You must have successfully completed the following subject(s) before starting this subject:
Note: Level 2 subjects normally assume a moderate level of prior knowledge in the area, eg from completing all Level 1 subjects or relevant experience.
No special requirements
This subject introduces the process of cost planning in the building industry including investigation of the various techniques used and sources of information. Students will explore the processes of design economics, cost benefit analysis and elemental cost analysis.
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- Case study 1 (50%)
- Case Study 2 (50%)
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