702-483 Advanced Quantity Surveying

702-361 Construction Cost Planning.

The subject examines applications of economics, management and statistical techniques that are applied to construction economics. The subject includes: professional practice, tax depreciation, value management and construction procurement techniques.

On completion of the subject students should be able to:

• Understand the role of cost management as a means of managing the design process.

• Understand construction processes used in non-residential construction.

• Critically evaluate alternative cost management practices.

• Understand how to apply cost management processes in order to achieve value for the client.

On completion of the subject students should have developed the following skills and capabilities:

• Understand of the roles and responsiblities of quantity surveyors in the construction industry.

• Knowledge of how to apply cost management to complex buldings.

• Effective participation as a team member.

• Presentation of critical analysis of complex issues associated with cost management or quantity surveying

Assignments equivalent to not more then 4000 words (40%); one two-hour examination (60%). Students are required to achieve a mark of at least 40% in the exam in order to achieve a pass in the subject.