Construction Cost Planning (ABPL90413)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
Contact information
Semester 1
Overview
| Availability | Semester 1 |
|---|---|
| Fees | Look up fees |
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, cash flow forecasting, and the basics of costing sustainable building design features.
Prescribed software programs with a cost
RiB CostX 6.9
Details of software availability and pricing are captured at https://edsc.unimelb.edu.au/student-experience/it-support
Intended learning outcomes
On completion of this subject, students should be able to:
- Apply cost planning techniques and control measures throughout the building process
- Evaluate the cost efficiency of designs and value for money considerations
- Describe the relationship between building cost, external works and gross project cost
- Use appropriate computer software for cash flow and cost modelling of buildings
- Describe the basic principles of costing for environmental sustainability 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: 4 March 2025
Eligibility and requirements
Prerequisites
Students must meet one of the following prerequisite options:
Option 1
Admission into one of the following:
- 200pt Program course entry point in the MC-CM Master of Construction Management
- 300pt Program course entry point in the MC-ARCHCM Master of Architecture/Master of Construction Management
- 300pt Program course entry point in the MC-CMPROP Master of Construction Management/Master of Property
- 400pt Program Course entry in the MC-ARCHCM ( Master of Architecture /Master of Construction Management - Construction background)
- 400pt Program Course entry in the MC-CMPROP (Master of Construction Management /Master of Property - Construction background)
Option 2
All of
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ABPL90312 | Cost Management | Semester 1 (On Campus - Parkville) |
12.5 |
| ABPL90313 | Management of Construction | Semester 1 (On Campus - Parkville) |
12.5 |
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: 4 March 2025
Assessment
| 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: 4 March 2025
Dates & times
- Semester 1
Principal coordinator Timothy O'Leary Mode of delivery On Campus (Parkville) Contact hours 1X2 hour lecture and 1X2 hour tutorial per week Total time commitment 170 hours Teaching period 3 March 2025 to 1 June 2025 Last self-enrol date 14 March 2025 Census date 31 March 2025 Last date to withdraw without fail 9 May 2025 Assessment period ends 27 June 2025 Semester 1 contact information
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 4 March 2025
Further information
- Texts
- Subject notes
- 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.
Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 4 March 2025