Cost Planning and Estimating

University of Newcastle

Course Description

  • Course Name

    Cost Planning and Estimating

  • Host University

    University of Newcastle

  • Location

    Newcastle, Australia

  • Area of Study

    Architecture, Construction Management, Design Management

  • Language Level

    Taught In English

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Host University Units

    10
  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview

    This course examines and applies estimating tools, techniques and software for costing construction projects in its various stages from both client and contractor perspectives. Elements of preliminary estimating, cost planning and detailed estimating will be integrated and applied to enable informed rational cost related decisions. Applies estimating principles to price/cost superficial spaces, functional areas, elements, resources and trades and develop ethical bidding strategies.
    LEARNING OUTCOMES
    1. Apply preliminary cost estimating techniques to prepare building cost plans.
    2. Apply estimating techniques to build unit prices.
    3. Price conforming tenders with available information.
    4. Develop and apply appropriate cost planning and bidding strategies that are ethically appropriate.
    5. Extract relevant information from Building Information Models to apply to estimates
    CONTENT
    Introduction to cost planning and estimating Preliminary estimating techniques
    Preparing cost plans
    Estimating preliminaries & temporary works
    Estimating trades (selected trades)
    Bidding models and tendering strategies
    Civil engineering (infrastructure) estimating basics
    Estimating with computers
    Use of BIM in estimating
    Preparing for pre qualifications, Tender evaluation process and Post tender protocols

Course Disclaimer

Courses and course hours of instruction are subject to change.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.