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Construction Cost Planning (ABPL90413)
Graduate courseworkPoints: 12.5On Campus (Parkville)
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
Availability | Semester 1 |
---|---|
Fees | Look up fees |
This subject examines the techniques and tools for the financial management of construction projects at the early or pre-contract stage. This subject aims to give students the knowledge of the cost planning processes involved in establishing and maintaining a client’s budget within the multiple constraints of time, cost and quality. It provides students with the skills needed to effectively monitor the budget for a building project as design evolves prior to actual construction. This subject examines the allocation of costs to individual building elements as well as developing student’s appreciation of costs, overheads and allowances that are attributed to the overall project cost. Topics covered include design economics, building morphology, sources and uses of cost data, the cost planning of engineering services, functional analysis, computerised estimating and building information modelling, sustainable building design and the basics of building life cycle costing.
Intended learning outcomes
On completion of this subject, students should be able to:
- Evaluate different methods of preparing construction budgets
- Apply cost planning techniques and control measures throughout the building process
- Evaluate the cost efficiency of design and value for money consideration
- Use appropriate computer software for cost modelling of buildings
- Describe the basic principles of life cycle costing as applied to buildings
Generic skills
- decision making and analytical skills as applicable to cost management i.e. economic analysis of projects
- effective participation as a team member and communication
- project evaluation, monitoring and cost reporting
- information gathering and critical synthesis skills
- identification and familiarity with building elements
- understanding and application of professional ethics and conduct in practice
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Admission into one of the following courses:
Master of Construction Management (200 points) MC-CONMG2Y
Master of Construction Management (200 points- entry Point) MCCM-200EP
OR
Completion of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ABPL90312 | Cost Management | Semester 2 (On Campus - Parkville) |
12.5 |
and completion of two subjects from the following list:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ABPL90292 | Construction of Buildings | Semester 1 (On Campus - Parkville) |
12.5 |
ABPL90313 | Management of Construction | Semester 1 (On Campus - Parkville) |
12.5 |
ABPL90324 | Materials and Structures | Semester 1 (On Campus - Parkville) |
12.5 |
OR
Approval from the Course coordinator
Corequisites
None
Non-allowed subjects
None
Recommended background knowledge
Basic Knowledge in Construction Technology, Building Design, Building Estimating and Measurement
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
Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS
Description | Timing | Percentage |
---|---|---|
Simple Cost Plan
| Week 4 | 20% |
Detailed priced cost Plan (group work), equivalent to 2000 words per student
| Week 10 | 40% |
One written examination
| End of semester | 40% |
Last updated: 3 November 2022
Dates & times
- Semester 1
Mode of delivery On Campus (Parkville) Contact hours 1X2 hour lecture and 1X2 hour tutorial per week Total time commitment 170 hours Teaching period 2 March 2020 to 7 June 2020 Last self-enrol date 13 March 2020 Census date 30 April 2020 Last date to withdraw without fail 5 June 2020 Assessment period ends 3 July 2020
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
Jim Smith, Building Cost Planning for the Design Team 3rd Edition
Routledge Publishing
ISBN-13: 978-1138907379
ISBN-10: 9781138907379
- 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