QSB 3214 Building Economics

Building Economic is major module for students that take quantity surveying course. This module stands up of 4 credit hours and it’s taught by Ms. Dianne and Sr. Loo. This module is basically about construction economic

Module Synopsis

This module provides an overview of the Quantity Surveyor’s role during the pre-tender stage of a development. The students will be introduced to practical situations of the various methods of controlling the cost of buildings at the design stage. Students also will be introduced to the relationship between building morphology, design variables and life cycle costing of a building. Students are also given the opportunity to learn and apply information technology in the cost planning.

Module Teaching Objectives

Upon completion of this module, it enable me to:

1. To develop an awareness of the nature, content, and significance of cost control, cost planning and understand the roles of project teams towards fulfilling client needs.

1. To develop awareness of the effect of design variables in obtaining an economical design and to appreciate the role of the quantity surveyor in pre- and post-contract stages.

1. Identify the role and responsibilities of Quantity Surveyors in the overall development process and to match the relationship between cost and design to a value outcome.

1. Explain various methods of pre-tender estimating.

1. Outline the importance of cost studies to enhance the role of Quantity Surveyor in the development process.

1. Produce an estimate at pre-tender stage, cost plan based on historical data and S-curve for financial planning to a proposed project. 

Module Learning Outcomes

After completing this module, is enable me to:

Syllabus

W1- Introduction to Building Economics Module

W2-The Concept of Cost Control

W3-Cost Modelling

W4-Building Morphology and Design Economics

W5-Cost Analysis, Indices and Data

W6-Detailed Cost Planning I

W7-Detailed Cost Planning II

W8-Cost Control

W9-Investment and Development Appraisals I

W10-Investment and Development Appraisals II

W11-Whole Life Costing I

W12-Whole Life Costing II