Cost Management of Building ConstructionLaajuus (5 cr)

Objective

On completion of the course, the student can create a cost estimate based on man-hour consumption. The student can use a target cost budget
in task planning, supervising a task, controlling the site expenses and registering realised costs. The student can participate in competitive bidding using the usual documents, and in controlling project costs.
The student is able to use IT in cost estimation and cost control.

Content

1. Introduction
2. Cost management in a construction project
3. Items and calculation rules
4. Cost estimation and preparation of offers
5. Cost control

Qualifications

TX00EB47 Basics of House Building:
TM00BS35 Basics of Construction:
TM00BS36 Scheduling and Planning of Construction

Assessment criteria, satisfactory (1)

On completion of the course the student
- can list main aspects of cost control in a building construction project
- can explain the progress of competitive bidding
- can categorize types of costs at a site
- can list the phases of cost control at a site
- can work out cost calculations based on construction resources.

Assessment criteria, good (3)

In addition to the requirements listed above, the student
- can explain the principles of cost control at a site
- can perform task based cost controlling
- can describe the process of competitive bidding and related documents
- explain the how offers are calculated.

Assessment criteria, excellent (5)

In addition to the requirements listed above, the student
- can perform comparison calculations to be used in site supervision
- can estimate the cost effects of changes to work methods or schedules at a site
- can describe the overall cost structure of a site and calculate a cost estimate
- can use IT applications in cost calculations and site supervision.

Assessment criteria, approved/failed

On completion of the course the student
- can list main aspects of cost control in a building construction project
- can explain the progress of competitive bidding
- can categorize types of costs at a site
- can list the phases of cost control at a site
- can work out cost calculations based on construction resources.