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Work Break-down Structure; Project Cost Scoping; Cost Databases; Pricing & Indexing; Feasibility & Conceptual Estimating; Quantity Surveying (Earthworks, Pavements, Structures); Variation Order Scoping; Contingencies; Stochastic Estimating; Industry Trends.
The aim of this unit is to develop an understanding of how an engineer must break down the construction engineering process into its component steps and reassemble it into a straightforward, logical methodology for the development of accurate cost analyses of construction projects from the client’s standpoint. The course is delivered in block mode and will alternate lectures, discussions and short, high-impact team exercises that are designed to reinforce the lecture’s learning objectives.On the first day, there will be a general introduction of Cost Engineering, some general concepts will be explained. The second and third day will be used to explore first principles cost estimating. During the days there will be exercises, lectures and discussions. The 3rd day will end with the introduction of the first major assignment, which will be handed in some weeks later. The 4th day will be filled with an overview of the Engineering estimates and end with the second major assignment in which some literature investigating and critical thinking will be needed.
RP: BE (Hons) orequivalent
BE (Hons) or equivalent
Students must attend one activity from each section.
Course ContentDay 1:1. Introduction to Cost Engineering1.1 Introduction Course1.2 Cost Engineering1.3 Finance1.4 Accounting1.5 Productivity1.6 Assignment 1 - IndividualDay 2:2. Cost Estimating2.1 Introduction to estimating2.2 Procurement models & Contracts2.3 Tender Documents2.4 Tender Evaluation Process2.5 Tender Pricing Basics2.6 Assignment 2 – GroupDay 3:3. Cost Estimating3.1 Presentations of assignment 23.2 Peer reviews, general discussion and lessons learnedCourse Outline 2020 23.3 Introduction assignment 3 - Group3.4 Risk / Contingency / escalation3.5 Margin / Overhead / ProfitDay 44. Cost Engineering4.1 Using Cost Databases for Project Pricing & Indexing Prices4.2 Pricing & Indexing Practical Exercise4.3 Feasibility & Conceptual Estimating4.4 Conceptual Estimate Practical Exercise4.5 Introduction Assignment 4
NB. Submission deadlines: Failure to attend for the presentation or submit the assignment on the dates given will result in zero being recorded for the element of the course unless prior approval is given by the course coordinator.If required to repeat this course both the presentations and report assignments must be re-done.
All presentation material will be made available during the block course. Additional web references will be made available. Learn may be utilised to aid student learning.
Domestic fee $1,114.00
International Postgraduate fees
* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.
This course will not be offered if fewer than 5 people apply to enrol.
For further information see
Civil and Natural Resources Engineering.