Course Title: Cost Planning and Tendering

Part A: Course Overview

Course Title: Cost Planning and Tendering

Credit Points: 12.00

Terms

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 2016, Sem 1 2017, Sem 1 2018, Sem 1 2019, Sem 1 2020, Sem 1 2021, Sem 1 2022, Sem 1 2023, Sem 1 2024
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 17, Offsh1 18, Offsh1 19, Offsh1 20, Offsh1 21, Offsh1 22, Offsh1 23, Offsh1 24
BUIL1284	SHAPE, VTC	Undergraduate	325H Property, Construction & Project Management	Face-to-Face	Offsh1 17

Flexible Terms

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
BUIL1142	City Campus	Undergraduate	325H Property, Construction & Project Management	Face-to-Face	UGRDFlex21 (All)
BUIL1142	City Campus	Undergraduate	325H Property, Construction & Project Management	Face-to-Face	UGRDFlex22 (All)
BUIL1142	City Campus	Undergraduate	325H Property, Construction & Project Management	Face-to-Face	UGRDFlex23 (All)
BUIL1284	SHAPE, VTC	Undergraduate	325H Property, Construction & Project Management	Face-to-Face	OFFSe12018 (SE1)
BUIL1284	SHAPE, VTC	Undergraduate	325H Property, Construction & Project Management	Face-to-Face	OFFJan2019 (SE1)
BUIL1284	SHAPE, VTC	Undergraduate	325H Property, Construction & Project Management	Face-to-Face	OFFJan2020 (All)
BUIL1284	SHAPE, VTC	Undergraduate	325H Property, Construction & Project Management	Face-to-Face	OFFJan2021 (All)
BUIL1284	SHAPE, VTC	Undergraduate	325H Property, Construction & Project Management	Face-to-Face	OFFJan2022 (SE1F), OFFJan2022 (SE1P)
BUIL1284	SHAPE, VTC	Undergraduate	325H Property, Construction & Project Management	Face-to-Face	OFFJan2023 (All)
BUIL1284	SHAPE, VTC	Undergraduate	325H Property, Construction & Project Management	Face-to-Face	OFFJan2024 (All)

Course Coordinator: Pauline Teo

Course Coordinator Phone: +61 3 9925 3746

Course Coordinator Email: pauline.teo@rmit.edu.au

Course Coordinator Location: 08.08.67

Course Coordinator Availability: By appointment

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

Program Learning Outcomes (PLOs)

In this course you will develop the following program learning outcomes:

• PLO1: Determine and apply knowledge of complex construction management theory to your professional practice and/or further study
• PLO2: Professionally communicate to a range of audiences, demonstrating in depth knowledge of the discipline and of the needs of diverse construction management stakeholders
• PLO3: 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
• PLO5: Collaborate effectively with others and demonstrate intellectual independence and autonomy to solve problems and/or address industry issues and imperatives
• PLO6: Critically examine and reflect on the profession, in local and/or global contexts, and question accepted interpretations and decision making

Course Learning Outcomes (CLOs)

Upon successful completion of this course, you will be able to:

1. CLO1: Identify the impact of design on cost
2. CLO2: Describe the role of Cost Planning in the overall procurement of a building
3. CLO3: Prepare cost plans for low-rise building projects
4. CLO4: Analyse the theory and practice of cost analysis of tenders
5. CLO5: Manage project cost parameters
6. CLO6: 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 includes the following: 

City Campus 

• Group Assignment 1 20%, CLOs 1,3,6
• Group Assignment 2 15%, CLOs 2,4,5
• Presentation 10%, CLOs 1,2,3,4,5,6
• Quiz 15%, CLOs 1,2,3,6
• Examination 40%, CLOs 1,2,3,4,5,6 

Singapore Campus 

• Quiz 15%, CLOs 1,2,3,6
• Group Assignment 25%, CLOs 1,2,3,4,5,6
• Individual Assignment 20%, CLOs 1,2,3,4,5,6
• Examination 40%, CLOs 1,2,3,4,5,6  

Hong Kong Campus 

• Report 45%, CLOs 1,2,3,4,5,6
• Quiz 15%, CLOs 1,2,3,4,5,6
• Examination 40%, CLOs 1,2,3,4,5,6 

Feedback will be given on all assessment tasks.

Equitable Learning Services

Equitable Learning Services (ELS) provide support and equal opportunities for students with a disability, long-term illness and/or mental health condition and primary carers of individuals with a disability. You can contact the ELS if you would like to find out more: https://www.rmit.edu.au/students/support-and-facilities/student-support/equitable-learning-services. You can also contact the course coordinator or the program coordinator 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 teaching staff. 

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.