Course Title: Estimating and Costing
Part A: Course Overview
Program: C5111
Course Title: Estimating and Costing
Portfolio: DSC
Nominal Hours: 10.0
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) |
BUIL5377 |
City Campus |
TAFE |
320T Design (TAFE) |
Face-to-Face |
Course Contact: Julian Pratt
Course Contact Phone: +61 3 9925 4820
Course Contact Email: julian.pratt@rmit.edu
Course Description
The purpose of this course is to provide participants with the skills and knowledge required to calculate estimates and the costs of making furniture.
Pre-requisite Courses and Assumed Knowledge and Capabilities
None
National Competency Codes and Titles
National Element Code & Title: |
VBK205 Estimating and Costing |
Learning Outcomes
1. Compare different costing structures for furniture making.
2. Calculate the direct and indirect costs involved in making furniture as a self-employed designer maker.
3. Contrast the differences between quotations and estimates.
4. Calculate profit margin and breakeven points when making furniture.
5. Define the different payment terms for stock and materials.
Overview of Assessment
• Production of costing model for furniture product
• Production of costings for all products produced in workshop pieces