Course Title: Monitor costing systems on complex building and construction projects

Part A: Course Overview

Program: C5415 Diploma of Building and Construction (Building)

Course Title: Monitor costing systems on complex building and construction projects

Portfolio: Vocational Education

Nominal Hours: 60

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.

Important Information:

Please note that this course may have compulsory in-person attendance requirements for some teaching activities.

Please check your Canvas course shell closer to when the course starts to see if this course requires mandatory in-person attendance. The delivery method of the course might have to change quickly in response to changes in the local state/national directive regarding in-person course attendance.


Course Code




Learning Mode

Teaching Period(s)


City Campus


530T Built Environment and Sustainability

Face-to-Face or Internet

Term1 2023

Course Contact: Matthew Sweeney

Course Contact Phone: +61 3 9925 4105

Course Contact Email:

Course Description

In this course you will develop the skills and knowledge required to monitor costing systems for building and construction projects. This includes processes and practices involved in controlling costs, and the production and maintenance of expenditure schedules and other arrangements, to ensure contracts or projects remain on budget.

This course applies to builders, senior managers in building and construction firms, and other construction industry personnel who work independently and in groups to investigate, evaluate and report project costing.


Pre-requisite Courses and Assumed Knowledge and Capabilities


National Competency Codes and Titles

National Element Code & Title:

CPCCBC5002 Monitor costing systems on complex building and construction projects


1. Identify and classify project costs

2. Prepare schedules for project expenditure

3. Create curves for projected cash flow and payments

4. Monitor and maintain expenditure

5. Prepare final cost report

Learning Outcomes

On successful completion of this course you will have developed and applied the skills and knowledge required to demonstrate competency in the above elements. 

Overview of Assessment

Assessment for this course is ongoing throughout the semester. Your knowledge and understanding of course content is assessed through participation in class exercises, oral presentations and through the application of learned skills and insights to your written tasks. Full assessment briefs will be provided and can be found on CANVAS.