civ4ce cost engineering
COST ENGINEERING
CIV4CE
2015
Credit points: 15
Subject outline
In this subject the students will study the various categories of costs and the costing techniques that are normally used in engineering projects. Topics: project costing techniques; interpretation of plans, specifications and contract documentation; Identification and calculation of labor costs; identification, establishment and costing of plant and equipment requirements; estimation of project costs; development of project price for inclusion into a tender submission; project economics; methods to assess project viability; cost benefit analysis, net present values, internal rate of returns; and Capital required based on cash flow positions. Skills required in determining the various costs to develop a range of documents so as to develop accurately a tender price for engineering projects and to conduct critical cost and benefit analysis to determine project viability and capital requirements will be developed.
SchoolSchool Engineering&Mathematical Sciences
Credit points15
Subject Co-ordinatorHossam Abo El-Naga
Available to Study Abroad StudentsNo
Subject year levelYear Level 4 - UG/Hons/1st Yr PG
Exchange StudentsNo
Subject particulars
Subject rules
PrerequisitesN/A
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditions Must be enrolled in course code SBECT
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Applied Cost Engineering, 3rd edn | Prescribed | Clark, F & Lorenzoni, A 1996 | CRC PRESS, BOCA RATON, FL |
Graduate capabilities & intended learning outcomes
01. Describe the various categories of costs which will be incurred during engineering project execution.
- Activities:
- Lectures, tutorials and self study plus face to face and online group discussions.
- Related graduate capabilities and elements:
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
02. Apply the various costing techniques to determine the various costs for an engineering project.
- Activities:
- Lectures, tutorials and self study plus face to face and online group discussions. Problem solving assignments.
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
03. Develop a range of project documents and utilize specific information for costing.
- Activities:
- Lectures, tutorials and self study plus face to face and online group discussions.
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
04. Establish quantities and rates to determine labour, materials and equipment cost to an engineering project.
- Activities:
- Lectures, tutorials and self study plus face to face and online group discussions.
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
05. Accurately develop a Tender Price based on a set of project documents.
- Activities:
- Lectures, tutorials and self study plus face to face and online group discussions.
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
06. Conduct critical cost and benefit analysis to determine project viability and capital requirements.
- Activities:
- Lectures, tutorials and self study plus face to face and online group discussions. Problem solving assignments.
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
Subject options
Select to view your study options…
Epping, 2015, Semester 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorJoe Petrolito
Class requirements
WorkShopWeek: 10 - 21
Two 2.0 hours workshop per week on weekdays during the day from week 10 to week 21 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Weekly Tutorial Class Activities and Topical Online Quiz | 15 | 01, 02, 03, 04, 05 | |
| Group Report and Presentation (Engineering tender) (2000 words and 25 minutes) | 35 | 02, 04, 05, 06 | |
| Assignment (Project costing documentation) (1000 words equivalent) | 15 | 03, 04 | |
| Examination (2 hours) | 35 | 03, 04, 05, 06 |