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BULD6019 - Cost Planning and Control

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Title:Cost Planning and Control
Long Title:Cost Planning and Control
Module Code:BULD6019
 
Duration:1 Semester
Credits: 5
NFQ Level:Fundamental
Field of Study: Building Science
Valid From: Semester 1 - 2022/23 ( September 2022 )
Module Delivered in 5 programme(s)
Module Coordinator: DANIEL CAHILL
Module Author: GILLIAN CAREY
Module Description: This module will enable the student to understand and use cost data and resource information for the purpose of cost planning and control of construction projects.
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Identify and consider pre-contract cost planning from inception to contract acceptance.
LO2 Describe the processes used in cost planning using specialist data.
LO3 Manipulate and modify historical cost data.
LO4 Prepare simple interim valuations and final accounts.
LO5 Discuss how costs can be controlled in construction projects, both pre- and post-contract.
Pre-requisite learning
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).

Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.

No requirements listed
 

Module Content & Assessment

Indicative Content
Use of historical cost data
Analysis of previous projects to be used for cost information.
Methods of cost planning
Introduction to the unit method, area/m2 method, elemental method and approximate quantities methods of cost planning.
Economic design
How the following factors affect the design: plan shape, enclosing ratio, number of storeys, storey height, internal partitions etc
Manipulation of data
Adjusting cost data to allow for changes in size, time and specification between historic building and proposed project.
Interim Valuations
Introduction to the procedure involved in the preparation of interim accounts.
Final Accounts
Introduction to different types of final account, i.e. adjusted, ascertained, cost plus etc.
Assessment Breakdown%
Course Work100.00%
Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Practical/Skills Evaluation Preparation of sample cost plans using historical data to control costs. 1,2,3,5 50.0 Week 6
Practical/Skills Evaluation Preparation of interim valuation on simple contracts to aid cost control. 4,5 50.0 Week 12
No End of Module Formal Examination
Reassessment Requirement
Coursework Only
This module is reassessed solely on the basis of re-submitted coursework. There is no repeat written examination.

The institute reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Theory on course topics and worked examples. 3.0 Every Week 3.00
Independent & Directed Learning (Non-contact) Review of lecture notes and recommended material. 4.0 Every Week 4.00
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Theory on course topics and worked examples. 2.0 Every Week 2.00
Independent & Directed Learning (Non-contact) Review of lecture notes and recommended material. 5.0 Every Week 5.00
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 

Module Resources

Recommended Book Resources
  • Duncan Cartlidge 2017, Quantity Surveyor's Pocket Book, 3rd Ed., Routledge [ISBN: 978113869836]
  • RICS 2012, NRM-1 Order of Cost Estimating & Cost Planning for Capital Building Works, Second Ed., RICS London [ISBN: 9781842197684]
  • Richard Kirkham 2014, Ferry and Brandon's Coat planning of Buildings, 9th Ed., all, Blackwell publishing London [ISBN: 978111996827]
  • Jim Smith, David Jaggar and Peter Love 2016, Building Cost Planning for the Design Team, 3rd Ed., Routledge [ISBN: 978113890737]
Supplementary Book Resources
  • Allan Ashworth, Catherine Higgs and Keith Hogg 2013, Willis's Practice and Procedure for the Quantity Surveyor, 13th Ed., Blackwell Publishing [ISBN: 978047067219]
  • Peter Williams 2015, Managing Measurement Risk in Building & Civil Engineering, Wiley [ISBN: 978111856152]
This module does not have any article/paper resources
Other Resources
 

Module Delivered in

Programme Code Programme Semester Delivery
CR_CCNMG_8 Bachelor of Science (Honours) in Construction Management 4 Mandatory
CR_CQTSU_8 Bachelor of Science (Honours) in Quantity Surveying 4 Mandatory
CR_CMNGT_7 Bachelor of Science in Construction Management 4 Mandatory
CR_CCECO_7 Bachelor of Science in Quantity Surveying 4 Mandatory
CR_CCONS_6 Higher Certificate in Science in Construction 4 Mandatory

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