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Cost Management (ABPL90312)
Graduate courseworkPoints: 12.5Dual-Delivery (Parkville)
Please refer to the return to campus page for more information on these delivery modes and students who can enrol in each mode based on their location.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Overview
Availability | Semester 2 - Dual-Delivery |
---|---|
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
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ABPL90292 | Construction of Buildings | Semester 1 (Online) |
12.5 |
ABPL90324 | Materials and Structures | Semester 1 (Online) |
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
Description | Timing | Percentage |
---|---|---|
Assignment 1 – Group assignment (2-3 students) focusing on measurement of quantities for (i) Masonry Trade and (ii) Finishes Trade, (1250 words equivalent per student)
| Week 5 | 25% |
Assignment 2– Individual assignment focusing on measurement of quantities for Excavation Works, Concrete, Formwork, and Reinforcement
| Week 9 | 50% |
Assignment 3– Group assignment ( 2- 3 students ): Pricing Bills of Quantities for various Trades
| Week 12 | 25% |
Hurdle requirement: Attendance and participation in 80% of the tutorials is a mandatory requirement for passing this subject. | N/A |
Last updated: 3 November 2022
Dates & times
- Semester 2
Principal coordinator Timothy O'Leary Mode of delivery Dual-Delivery (Parkville) Contact hours 48 hours (2 hour lecture & 2 hour tutorial per week) Total time commitment 170 hours Teaching period 26 July 2021 to 24 October 2021 Last self-enrol date 6 August 2021 Census date 31 August 2021 Last date to withdraw without fail 24 September 2021 Assessment period ends 19 November 2021 Semester 2 contact information
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 - 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.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022