Estimating and Project Costing

CSM80016 12.5 Credit Points Hawthorn Available to incoming Study Abroad and Exchange students

Duration

  • One Semester or equivalent

Contact hours

  • 48 hours face to face + blended

On-campus unit delivery combines face-to-face and digital learning.

2023 teaching periods

Hawthorn

Higher Ed. Semester 2

Dates:
31 Jul 23 - 29 Oct 23

Results:
5 Dec 23

Last self enrolment:
13 Aug 23

Census:
31 Aug 23

Last withdraw without fail:
15 Sep 23

Prerequisites

Nil 
Anti-Requisite (similar content)
Equivalent

Aims and objectives

This unit aims to provide specialised knowledge and skills for estimating and managing costs in engineering projects.
 
Unit Learning Outcomes (ULO) 
On successful completion of this unit students will be able to:
 
1. Appreciate accounting principles and economic theories applicable in engineering projects.
2. Apply fundamentals of engineering economics for financial decisions in projects
3. Estimate and prepare bill of quantities using standard methods of measurement for building and civil engineering works
4. Develop and appraise early estimates, cost plans and tenders in construction projects.
5. Recommend suitable project financing options for different project delivery systems and commercial arrangements.
6. Analyse progress in engineering projects, develop project cost controls and prepare reports
7. Apply advanced techniques and tools for managing cost and commercial aspects of project and facility life-cycle.