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Cost Management (ABPL90312)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Email: shang.gao@unimelb.edu.au
Overview
Availability | Semester 2 |
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Fees | Look up fees |
This subject deals with pre-construction cost management process. It aims to give students the knowledge of the processes involved in establishing and maintaining client’s budget at the design stage. It provides students with skills needed to effectively monitor the budget for a simple building project on a regular basis during the design stage by cost planning of evolving design, and preparing cost estimate at detailed design and tender documentation stage. Topics covered include Design Economics; Cost planning and control in building design: cost estimating procedure and simple cost modeling techniques. Quantification, measurement, and documentation including the following aspects: purpose and preparation of Bill of Quantities (BoQ); Processes of preparing BoQ including: taking-off, working-up, abstracting and billing; types of bill formats and their uses; basic principles of measurement and description of works: the use of Australian Standard Method of Measurement (SMM) for construction works in practice, principles of measurement and description of the following: Groundwork, Concrete (including reinforcement and formwork), Masonry, Timber Pitch Roof, and Internal Finishes for simple residential building. Pricing of measured items: building-up of unit rates. Introduction to computerised measurement. Tender process.
Intended learning outcomes
Upon completion of this subject students should:
- Be able to describe the role of cost management of building works.
- Be able apply the Australian Standard Method of Measurement to quantification of the works for simple buildings.
- Be able to measure and prepare bill of quantities for ground works; masonry; concrete/reinforcement and form work; simple timber pitched timber roof; roofing, and finishes.
- Be able to price measured building work items.
- Be able to describe the application of computer software to measurement of building works.
- Know how to apply cost forecasting methods at pre-construction stage.
- Be able to explain the theory and practice of competitive tendering.
Generic skills
At the completion of the subject students should have developed the following skills and capabilities:
- Effective participation as a team member.
- Written, verbal and visual presentation of ideas
- Correct use of technical terminology relating to cost planning and quantification of building works
- Information gathering and critical synthesis skills
- The ability to apply relevant processes and standards to specific examples
- Identification and familiarity with building components
- Understanding of construction documentation used in residential construction.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
One of the following subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ABPL90292 | Construction of Buildings | Semester 1 (On Campus - Parkville) |
12.5 |
ABPL90324 | Materials and Structures | Semester 1 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
None
Recommended background knowledge
Basic Computer Applications
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- Practical exercise using complex residential building (group assignment) focusing on measurement of Masonry and Finishes, 1000 word equivalent per student due week 5, 20%;
- Practical exercise (individual assignment) focusing on measurement of Roofing and Woodwork, 800 word equivalent due week 7, 15%;
- Practical exercise (individual assignment) focussing on measurement of Groundworks and Concrete, 800 word equivalent due week 9, 15%;
- Group assignment focusing on production of Priced Bill of Quantities, 600 word equivalent due week 11, 10%;
- Two-hour end of semester exam 2000 word equivalent, 40% .
Hurdle requirement: Students are required to achieve a mark of at least 40% in the exam in order to pass the subject. Attendance and participation in 80% of the tutorials is a mandatory requirement for passing the continuous assessment component of this subject
Last updated: 3 November 2022
Dates & times
- Semester 2
Principal coordinator Shang Gao Mode of delivery On Campus (Parkville) Contact hours 48 hours (2 hour lecture & 2 hour tutorial per week) Total time commitment 170 hours Teaching period 24 July 2017 to 22 October 2017 Last self-enrol date 4 August 2017 Census date 31 August 2017 Last date to withdraw without fail 22 September 2017 Assessment period ends 17 November 2017 Semester 2 contact information
Email: shang.gao@unimelb.edu.au
Time commitment details
170 hours
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
- Marsden, P. (1998) Basic Building Measurement, NSW University Press
- AIQS et al (1990) Australian Standard Method of Measurement, AIQS & MBCHAA.
- Smith, J. and Jaggar, D. (2007) Building Cost Planning for the Design Team, 2nd edition, Elsevier, Oxford.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Construction Management Major 300 point Master of Construction Management - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 3 November 2022