Requisites: Pre-requisite: [Module BSV07403] Construction Cost Studies 1 (GA)

In this module you will learn the fundamentals associated with estimating the costs of construction projects for clients based on the level of information available at the time. Estimating construction costs and fees and then ascertaining other non-construction related costs such as those associated with location, specification, economic and social factors will allow you to be able to produce a formal cost estimate which can be used for cost planning purposes. Sourcing historic cost data from BCIS and manipulating that data to reflect your own projects will provide an accurate and robust estimate for your client.

Upon completion of this module you will be able to

LO1: Explain the background and purpose of Cost Planning and Cost Control and how they interface with the stages of design and construction from inception to completion.

LO2: Apply appropriate techniques to estimate for a Client the probable tender price for example new and refurbishment projects.

LO3: Demonstrate an understanding of how different design solutions and construction processes impact on project cost and feasibility.

LO4: Demonstrate knowledge and understanding of the manipulation of building price, cost indices and appropriate historical cost data.