Module Details

Module Code: BULD7035
Title: Advanced Cost Planning
Long Title: Advanced Cost Planning
NFQ Level: Intermediate
Valid From: Semester 1 - 2022/23 ( September 2022 )
Duration: 1 Semester
Credits: 5
Field of Study: 5821 - Building Science
Module Delivered in: 2 programme(s)
Module Description: This module will enable the student to appraise the means of achieving better value on a construction project be that at the design/feasibility stage (precontract) or while being constructed on site (post-contract).
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Examine the cost implications of development land use and its associated planning and zoning implications.
LO2 Investigate the benefits of Cost Benefit Analysis (CBA) and its application in the construction sector.
LO3 Examine cost controlling techniques used on government and private sector construction projects from preliminary estimate to detailed cost plan.
LO4 Appraise and classify the client and contractor perspective on commerical considerations of a building contract up to and including the final account whilst ensuring that ethical codes of conduct are implemented.
LO5 Critically examine loss and expense claims and analyse the financial implications on the final account process.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Planning
Land use, zoning, planning, county development plan and material changes to it.
Cost Benefit Analysis
Evaluate public capital expenditure in order to achieve optimum return. The benefits of using Public Private Partnership (PPP) for some types of developments.
Cost Planning
Using the Capital Management Framework for Public Works Contract for cost planning of preliminary estimates to cost plans. The use of cost analysis in controlling costs.
Post Contract Financial Considerations
Preliminary items, dayworks, variations, financial statements and cost value reconcilation statements.
Loss and Expense Claims
Grounds for claims, extension of time, client and contractor financial perspective.
Module Content & Assessment
Assessment Breakdown%
Coursework100.00%

Assessments

Coursework
Assessment Type Written Report % of Total Mark 50
Timing Week 6 Learning Outcomes 1,2,3
Assessment Description
Prepare cost plan for chosen development
Assessment Type Written Report % of Total Mark 50
Timing Week 12 Learning Outcomes 4,5
Assessment Description
Preparation and evaluation of a specified post-contract cost control activity.
No End of Module Formal Examination
Reassessment Requirement
Coursework Only
This module is reassessed solely on the basis of re-submitted coursework. There is no repeat written examination.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Theory on course topics and worked examples. Every Week 3.00 3
Tutorial Contact Application of workload content Every Week 1.00 1
Independent & Directed Learning (Non-contact) Non Contact Review of lecture notes and recommended material. Every Week 3.00 3
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 4.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Theory on course topics and worked examples. Every Week 2.00 2
Independent & Directed Learning (Non-contact) Non Contact Review of lecture notes and recommended material. Every Week 5.00 5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Richard Kirkham. (2014), Ferry and Brandon's Cost Planning of Buildings, 9th Ed. Wiley-Blackwell, [ISBN: 9781119968627].
  • Keith Potts. (2014), Construction Cost Management, 2nd Ed. Routledge, [ISBN: 9780415629133].
Supplementary Book Resources
  • Abdelhalim Boussabaine. (2006), Cost Planning of PFI and PPP Building Projects, Routledge, [ISBN: 9780415366229].
This module does not have any article/paper resources
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_CQTSU_8 Bachelor of Science (Honours) in Quantity Surveying 6 Mandatory
CR_CCECO_7 Bachelor of Science in Quantity Surveying 6 Mandatory