SRQ762 - Cost Planning

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 2: Waterfront (Geelong), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 2: Argaw Gurmu
Prerequisite:

Students enrolled in D306 must have passed 24 credit points of study at levels 1, 2 & 3

Corequisite:Nil
Incompatible with: Nil
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 2 hour lecture per week, 1 x 1 hour seminar per week.

Educator-facilitated (scheduled) learning activities - online unit enrolment:

Online independent and collaborative learning including 5 x 1 hour online seminars per trimester.

Content

In SRQ762 students will consider the principles of design economics applied to buildings and the role of cost planning during design development.

They will learn to analyse the influence of design decision making on project costs and how design constraints and variables impact on total building costs. Students will gain knowledge in their role in enabling sound economic decision making in early project phases and how to ensure cost accuracy for clients and other project stakeholders for the term of the project. Students will examine the concept of economically sustainable projects through the theory and practice of life cycle costing and evaluation.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Analyse the influence of design decision making on construction costs.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO2

Prepare elemental cost plans in order to analyse the economic sustainability of projects.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem solving
GLO7: Teamwork

ULO3

Apply cost management planning techniques and associated competence in information technology to complex projects to develop balanced economic decision making.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem solving
GLO7: Teamwork

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week
Assessment 1
Individual professional report
2000 word written report 20% Week 6
Assessment 2
Group professional cost plan
Collaborative 3000 word written report 40% Week 9
Assessment 3
Individual professional cost plan report
3000 word written report 40% Week 12

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Hurdle requirement

To be eligible to obtain a pass in this unit students must achieve at least 40% in the Individual professional cost plan report.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: SRQ762 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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