16207 Cost Management 3: Cost Planning6cp; 4hpw (2hrs lecture; 2hrs studio), on campus To comply with health advice from NSW Health, the planned delivery of this subject for Spring 2021 has been adjusted. Activities planned for campus in the first 4 weeks of session are being moved online. Activities for the remainder of the session will be scheduled on campus only if the public health situation permits face-to-face learning in available teaching spaces.
Requisite(s): 16203 Cost Management 2: Estimating
This subject covers the principles and practices of construction economics involving project scope management, the establishment of project budgets, preliminary estimating, cost planning, cost modelling and elemental building cost analysis. The role of the cost planner in the project design team is investigated and the principle of 'designing to a cost' rather than 'costing a design' is emphasised. The differences between project price, cost and value are identified. Scope management is a critical part of the cost planning process and the principles and practices of project scope identification, management and control are examined in detail. The subject then examines historical building cost data, price indices and leading edge cost planning software are implemented to strengthen student understanding.
Spring session, City campus
Detailed subject description.
Information to assist with determining the applicable fee type can be found at Understanding fees.
- Commonwealth-supported students: view subject fees at Fees Search: Commonwealth-supported
- Postgraduate domestic fee-paying students: fees are charged according to the course enrolled in; refer to Domestic Fees Search: Postgraduate and Research
- International students: fees are charged according to the course enrolled in; refer to International Fees Search
- Subject EFTSL: 0.125