SRQ762 - Cost Planning
Unit details
| Year | 2025 unit information |
|---|---|
| Enrolment modes: | Trimester 2: Waterfront (Geelong), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 2: Argaw Gurmu |
| Prerequisite: | Students enrolled in D306 must have passed 24 credit points of study at levels 1, 2 & 3 |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Educator-facilitated (scheduled) learning activities - on-campus unit enrolment: | 1 x 2 hour lecture per week, 1 x 1 hour seminar per week. |
| Educator-facilitated (scheduled) learning activities - online unit enrolment: | Online independent and collaborative learning including 5 x 1 hour online seminars per trimester. |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
Content
In SRQ762 students will consider the principles of design economics applied to buildings and the role of cost planning during design development.
They will learn to analyse the influence of design decision making on project costs and how design constraints and variables impact on total building costs. Students will gain knowledge in their role in enabling sound economic decision making in early project phases and how to ensure cost accuracy for clients and other project stakeholders for the term of the project. Students will examine the concept of economically sustainable projects through the theory and practice of life cycle costing and evaluation.
Learning outcomes
| ULO | These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can: | Alignment to Deakin Graduate Learning Outcomes (GLOs) |
|---|---|---|
| ULO1 | Analyse the influence of design decision making on construction costs. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Prepare elemental cost plans in order to analyse the economic sustainability of projects. | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Apply cost management planning techniques and associated competence in information technology to complex projects to develop balanced economic decision making. | GLO1: Discipline-specific knowledge and capabilities |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1 Individual professional report | 2,000 word written report | 20% | Week 6 |
| Assessment 2 Group professional cost plan | Collaborative 3,000 word written report | 40% | Week 9 |
| Assessment 3 Individual professional cost plan report | 3,000 word written report | 40% | Week 12 |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Hurdle requirement
To be eligible to obtain a pass in this unit students must achieve at least 40% in the Individual professional cost plan report.
Learning resource
The texts and reading list for SRQ762 can be found via the University Library.
Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.