Production Economics of Infrastructure (5 cr)

Objective

On completion of the course the student is able to estimate construction costs based on a quantity list.
The student understands how to use InfraRYL in calculations.
The student can apply the principles of cost estimation in planning and on the site.

Content

1. The parties involved in an infrastructure project
2. InfraRYL
3. Quantity and items
4. Cost calculation
5. Producing a tender and a call for tenders
6. Procurement legislation.

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

On completion of the course the student
- can estimate costs of a project
- can produce a list of quantities
- can divide the project in phases
- can use InfraRYL and understands its purpose.

Assessment criteria, good (3)

In addition to the previous criteria, the student
- can produce a quantity list based on a simple plan
- can prepare a tender based on planning documents
- knows the basics of construction cost calculation software
- understands the importance of change management in a construction project.

Assessment criteria, excellent (5)

In addition to the requirements listed above, the student can
- calculate costs and quantities in an infrastructure project and schedule these
- apply procurement legislation
- prepare a call for tenders for a complex project
- prepare a tender for a complex project.

Assessment criteria, approved/failed

On completion of the course the student
- can estimate costs of a project
- can produce a list of quantities
- can divide the project in phases
- can use InfraRYL and understands its purpose.

Qualifications

Construction Economics

Further information

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