Courses & Units

Cost Planning ZAX102

Hobart, Launceston, Cradle Coast

Introduction

This unit will provide you with experience in preparing quotations and tender documentation based on identified quantities, and cost planning as a means to control costs during a construction project. You will develop your financial literacy through applied activities; you will learn about the differences between time-related, quantity-related and fixed costs, and how these relate to calculating margins for profits and overheads. You will apply and analyse common methods for presenting quantity and cost information will be discussed, and you will become familiar with methods commonly used to report on cost control over the life of a construction project. You will critically reflect on your knowledge and skills in cost planning and management and develop a professional development plan to continually improve your financial management knowledge and skills.

Summary

Unit name Cost Planning
Unit code ZAX102
Credit points 12.5
Faculty/School University College
Discipline Applied Technologies
Coordinator

TBA

Available as student elective? No
Breadth Unit? No

Availability

Location Study period Attendance options Available to
Hobart Term 1 On-Campus Domestic
Launceston Term 1 On-Campus Domestic
Cradle Coast Term 1 On-Campus Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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Key Dates

Study Period Start date Census date WW date End date
Term 1 3/2/2020 24/2/2020 11/3/2020 9/4/2020

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).

Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.

About Census Dates

Learning Outcomes

1. Explain the main methods currently used for cost planning for Australian construction projects.

2. Apply and evaluate techniques to determine costs for labour, materials and equipment in construction projects.

3. Apply and evaluate techniques currently used by construction contractors to present cost information for quotation and tender documentation.

4. Apply and evaluate techniques currently used by construction contractors to manage and report on costs during project work.

5. Reflect on and plan self-learning to continuously up-date cost planning and management skills and knowledge.

Fees

Domestic

Band CSP Student Contribution Field of Education
2 2020: $1,190.00 040307

Fees for next year will be published in October. The fees above only apply for the year shown.

Please note: international students should refer to this page to get an indicative course cost.

Teaching

Assessment

1. Quizzes (20%)

2. Cost estimate and cost plan report (40%)

3. Project cost review (40%)

TimetableView the lecture timetable | View the full unit timetable

Textbooks

RequiredNone
Co-op Bookshop links

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.