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SRQ462 - Building Cost Planning

Unit details

Year2016 unit information
Enrolment modes:Trimester 2: Waterfront (Geelong)
Trimester 3: Waterfront (Geelong), Cloud (online)
Credit point(s):1
EFTSL value:0.125
Unit chair:

Melissa Chan


SRT351, SRE272 (students enrolled in S346, D364, D365)



Incompatible with:


Contact hours:

Trimester 2 - Campus: 1 x 2 hour class per week, 1 x 1 hour seminar per week. Cloud (online): Learning experiences are via CloudDeakin.

Trimester 3 - Campus: 1 x 4 hour introductory class (week 1), 4 x 4 hour seminars per trimester offered in intensive blocks, 1 x 2 hour revision class (week 11). Dates will be confirmed on enrolment in this unit. Cloud (online): Learning experiences are via CloudDeakin.


This unit considers the principles of design economics applied to buildings and the role of cost planning during design development. Topics include the origins and purpose of cost planning and control, various techniques for estimating prices based on area, function, element, sub-element and composite work items, the effect of design constraints and variables on total building costs, the stages of design development, adjustment of historical prices and the accuracy of different estimating approaches. Life cycle costing, including the use of discounting in comparative situations, and its importance in the assessment of environmental sustainability are discussed in detail.


Two assignments (30% each) 60%, examination 40%.  To be eligible to obtain a pass in this unit students must achieve at least 40% in the examination

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