Construction Cost Management
Your upfront cost: $0
- 20 Feb 2023
Australia’s fourth oldest university, the University of Tasmania, is highly regarded internationally for teaching and academic excellence. The university offers more than 100 undergraduate degrees and more than 50 postgraduate programs across a range of disciplines. The university offers students a diverse range of opportunities, the chance to learn from leading experts, and excellent preparation for their future careers.
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Our student advisors are here to guide you with:
- Enrolling and eligibility
- Fee and loan information
- Credit and recognition for prior learning
Upon completion of this subject , the student should be able to:
- Identify and apply principles of construction cost management.
- Communicate construction cost information.
- Analyse and interpret construction cost information.
- Preliminaries and Overheads
- Estimating Methods 1
- Estimating Methods 2
- Presenting Cost Information
- Cost Control 1 – Budget Set-up
- Cost Control 2 – Cost Reporting
- Cost Control 3 – Claims
- Cash Flow and Forecasting
- BIM and Computeraided Estimating
- Assessment Task 3 Preparation
No eligibility requirements
No additional requirements
In this subject you will learn the principles of cost management for estimating and controlling construction project costs. You will learn about time-variable, value-variable and fixed costs, and how these relate to calculating profits and overheads. Through applied activities, you will develop your skills in analysing and quantifying project scope to identify critical drivers of project costs, interpreting cost reports to compare project expenditure against budgeted costs, and communicating cost information.
- Cost Management Workbook (20%)
- Cost Report Analysis (40%)
- Construction Cost Estimate (40%)
Current study term: 19 Feb 23 to 28 May 23
Check the learning management system (LMS) of your university for textbook details.