Course Title: Cost Planning and Tendering

Part A: Course Overview

Course Title: Cost Planning and Tendering

Credit Points: 12


Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BUIL1142

City Campus

Undergraduate

325H Property, Construction & Project Management

Face-to-Face

Sem 1 2006,
Sem 1 2007,
Sem 1 2008,
Sem 1 2009,
Sem 1 2010,
Sem 1 2011,
Sem 1 2012,
Sem 1 2013,
Sem 1 2014,
Sem 1 2015,
Sem 1 2016,
Sem 1 2017

BUIL1144

Singapore Inst of Management

Undergraduate

325H Property, Construction & Project Management

Face-to-Face

Offsh 1 08,
Offsh 1 09,
Offsh 3 09,
Offsh 3 10,
Offsh 1 11,
Offsh 3 11,
Offsh1 13,
Offsh3 13,
Offsh3 14,
Offsh1 15,
Offsh3 15,
Offsh1 16,
Offsh1 17

BUIL1284

Voc Training Ctre of Hong Kong

Undergraduate

325H Property, Construction & Project Management

Face-to-Face

Offsh1 14,
Offsh1 15,
Offsh1 16,
Offsh1 17

Course Coordinator: Peter SP Wong

Course Coordinator Phone: +61 3 9925 2230

Course Coordinator Email: peterspwong@rmit.edu.au


Pre-requisite Courses and Assumed Knowledge and Capabilities

You should have satisfactorily completed the prerequisite course BUIL1237 Building Measurement and Estimating before you commence this course.


Course Description

This course will introduce you to the processes and procedures of cost planning as a cost control tool in the pre construction process. You will examine the impact of design on the capital and life cycle cost of buildings, and develop your understanding of the market process in the construction industry. This course will foster your appreciation of bidding strategies and build your understanding of the relationship and differences between the cost planning and tendering processes.

Topics covered include:

Concepts of Cost & Value
Design Economics
Preliminary Cost Planning
Elemental Cost Planning
Cost Indices & Trends
Forecasting & cycles
Tendering
Cost Analysis
 


Objectives/Learning Outcomes/Capability Development

This course will develop the following program learning outcomes:

 

  • Determine and apply knowledge of complex construction management theory to your professional practice and/or further study
  • Professionally communicate to a range of audiences, demonstrating in depth knowledge of the discipline and of the needs of diverse construction management stakeholders
  • Apply logical, critical and creative thinking to analyse, synthesise and apply theoretical knowledge, and technical skills, to formulate evidenced based solutions to industry problems or issues
  • Collaborate effectively with others and demonstrate intellectual independence and autonomy to solve problems and/or address industry issues and imperatives


On successful completion of this course you will be able to:

Identify the impact of design on cost
Describe the role of Cost Planning in the overall procurement of a building
Prepare cost plans for low-rise building projects
Analyse the theory and practice of cost analysis of tenders
Manage project cost parameters

Accurately forecast price.
 


Overview of Learning Activities

You will be able to engage in a variety of lectures and student centred workshops.. Learning activities will include class discussions and problem solving exercises.
 


Overview of Learning Resources

RMIT will provide you with resources and tools for learning in this course through our online systems. The learning resources for this course will be communicated to you during the semester.
 


Overview of Assessment

You will be assessed on how well you meet the course’s learning outcomes and on your development against the program learning outcomes. Assessment may include class based activities,, workshop exercises and an exam.
Feedback will be provided throughout the semester in class and/or online discussions, through individual and group feedback and by individual consultation

If you have a long term medical condition and/or disability it may be possible to negotiate to vary aspects of the learning or assessment methods. You can contact the program coordinator or the Disability Liaison Unit if you would like to find out more.
An assessment charter (http://mams.rmit.edu.au/kh6a3ly2wi2h1.pdf ) summarises your responsibilities as an RMIT student as well as those of your teachers.
Your course assessment conforms to RMIT assessment principles, regulations, policies and procedures which are described and referenced in a single document: http://www.rmit.edu.au/browse;ID=ln1kd66y87rc .