Course Title: Cost Control And Planning 2

Part A: Course Overview

Program: C5016

Course Title: Cost Control And Planning 2

Portfolio: SET

Nominal Hours: 40.0

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BUIL5215

City Campus

TAFE

130T Infra, Electrotec & Build Serv

Face-to-Face

Course Contact: Warwick Brewster

Course Contact Phone: +61 3 9925 4334

Course Contact Email: warbrew@rmit.edu.au


Course Description

This module provides the learner with the basic principles of planning, scheduling and cost control for commercial buildings up to an effective height of 25m and industrial buildings.


Pre-requisite Courses and Assumed Knowledge and Capabilities

BUIL 5197 Cost Control and Planning 1 (ABC069) – Prerequisite
BUIL 5220 Construction Planning 1 (ABC095) – Co-requisite



National Competency Codes and Titles

National Element Code & Title:

ABC070 Cost Control and Planning 2

Learning Outcomes

This course will provide the learner to develop knowledge & skills and able to:
• Prepare the Builder’s and Sub-contractors interim Payment Claims, and the calculations for rise & fall.
• Prepare a ’S’ curve for monitoring cash flow and resource control. Prepare, monitor and analyse the project cash flow for multiple residential construction.
• List and describe the principles and objectives of cost control. Define the terms used in cost control. Illustrate methods of reporting project cost control and interpreting reports.
• Organise the definitive cost estimate into cost centres for cost control reporting and planning. Compare the estimated cost with estimated risk levels for each cost centre.
• Identify statistics used in industry and identify sources of indices used for Rise and Fall calculations. Prepare simple rise and fall calculations from given formulae


Overview of Assessment

The assessment is done through a combination of:
- Learning outcome tests
- Written examination