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SRQ762 - Cost Planning and Economics

Year:

2021 unit information

Important Update:

Unit delivery will continue to be provided in line with the most current COVIDSafe health guidelines. This may include a mix of on-campus and online activities. To find out how you are impacted, please check your unit sites for announcements and updates. Unit sites open one week prior to the start of each Trimester/Semester.

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Last updated: 4 June 2021

Enrolment modes:

Trimester 2: Waterfront (Geelong), Cloud (online)

Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 2: Farnad Nasirzadeh
Prerequisite:

Nil

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.

Scheduled learning activities - campus:

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

Scheduled learning activities - cloud:

Learning experiences are via CloudDeakin plus 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
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

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Weighting (% total mark for unit) Indicative due week
Individual professional report 2,000-word written report 20% Week 6
Group professional cost plan and report Collaborative 3,000-word written report 40% Week 9
Examination 2-hour written examination 40% Examination period

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 examination.

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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