Project Cost Planning & Estimation

Project Estimating is essential to Construction Management.  It allows for effective management of all project resources
Financial Feasibility & Viability is an essential element for a building project; it ensures or helps in determining if a profit can or could be made on a project

About The Program

Cost Planning & Estimation is an essential activity undertaken by the Building Professional in order to achieve a successful outcome of a project.

Costing and estimating is a technical function that aims to accurately predict the cost of construction.

Building costs are influenced by a large number of factors, and it is essential to identify them and understand their impact if an accurate estimate of a project is to be achieved.

CAS-BCM course program in Project Cost Planning & Estimation helps participants to develop professional skills to provide cost estimate planning at any stage of a project from:

  • Pre-Design
  • Schematic Design
  • Design Development
  • Contract Documentation and
  • Tendering Stages
  • Participants will learn to use precise methodology such as:In determining estimates based on current construction costs applicable to both residential and commercial building projects.
  • Elemental Costs
  • Approximate Quantities and
  • Full Quantities

Course Program Outline

Program Code
CPE

Program Title
Project Cost Planning & Estimation

Duration
Learner Participants can opt to undertake the program as a Day or Evening Program.

Face-to-Face
30hrs (6 Sessions Approximately)

Self-Study
30hrs (On-Line Learning included)

Work-Based
40hrs

Total Hours
100hrs for those wishing to qualify
for a Statement of Attainment

Mode Of Study

Course programs are offered as:

  • Face-to-Face
  • Self-Study (On-Line Learning – e-learning)
  • Work-Based

Times & Days

Days
Monday Tuesday & Wednesday

Day Times
9:30am to 3:30pm

Evening Times
5:30pm to 9:30pm

Location
Level 1 Suite 9B, 80 Keilor Road, Essendon North VIC 3041

Fees

$1,560.00

Further information of Course Fees can found at link to Fees page or Fees Button

Please be advised that course fees are Fee-for-Service and is not Government Subsidised

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Program Dates

Intakes are in

  • Mon. 4 Mar. 2019
  • Mon. 10 Jun. 2019
  • Mon. 7 Oct. 2019

Program Summary

This Module of Unit discusses the various types of building construction cost estimates and the methodologies used for their calculation.

Project Cost Management includes the processes involved in:

  • planning,
  • estimating,
  • budgeting, and
  • controlling costs

Program Aims

CAS-BCM course program in Project Cost Planning & Estimation helps participants to develop professional skills to provide cost estimate planning at any stage of a project from: Pre-Design, Schematic Design, Design Development, Contract Documentation and Tendering Stages

This unit of competency supports the needs of building professionals, Registered Building Practitioners, senior managers within building and construction firms and other construction industry personnel responsible for administering the cost planning & estimation for coordinating and managing residential and commercial building or construction projects.

Outcomes

This unit of competency specifies the outcomes required to facilitate, implement and maintain a construction costing system in a building and construction organisation which is involved in either residential or commercial projects.

Prerequisites/Entry Requirements

NIL

It is recommended that Potential Learners:

  • Have Basic Language Proficiency in English
  • Have Basic Literally Proficiency in English
  • Have Basic Numeracy Skills
  • Have access to a computer hardware with internet access
  • Be able to operate computer programs as email, word processor and spread sheet applications at a basic level

Element & Performance Criteria

The following unit of competencies are covered as part of the CAS-BCM’s Cost Planning & Estimation Program:

CPC60212 Advanced Diploma of Building & Construction (Management)

CPCCBC6011A

Establish Systems to Develop and Monitor Building and Construction Costs

CPC50210 Diploma of Building & Construction (Building)

CPCCBC5002A

Monitor Costing Systems on Medium Rise Building and Construction Projects

CPCCBC4004A

Identify and Produce Estimated Costs for Building and Construction Projects

Coverage

CAS-BCM’s Project Cost Planning & Estimation Program helps develop and establish competencies in:

  • Drawings & Specifications
  • Costing System
  • Cost Planning
  • Cost Estimating
  • Quality Control in Costing Systems
  • Cost Budgeting
  • Cost Control

Delivery of Program

How it will be delivered (mode; face to face, online, on-the-job)

  • Face to face, classroom based learning Theory Session: underpinning knowledge
  • Online Support: Student Portal through CAS-BCM’s Learner Management System (LMS) including email, resources, resea
  • Independent Study: Self-Paced Learning including e-learnin
  • Work-Based Project Assignment: Knowledge Areas & Unit Outcome

Assessment Process

All assessments will be conducted through the on-line learner portal through CAS-BCM’s Learner Management System.

Assessment is provided on-line through learner portal (LMS)

How and when assessments will be conducted

  • Individual Unit Element Activities will form part of the Face-to-Face Sessions and collected electronically on-line through learner portal
  • Project Assignment will be collected after every Independent Study periods; collected electronically on-line through learner portal
  • Work-Based Project Assignments will be due on after the completion of Unit of Competency
  • Skills Session outcomes will be due on after the completion of Unit of Study

Assessment processes and techniques are, as far as is practical, take into account the language, literacy and numeracy capacity of the learner in relation to the competency being assessed.

Recognition of Prior Learning – RPL

Participants can opt to undertake the program through an RPL Program (Recognition of Prior Learning), it is a form of assessment that recognises skills and knowledge gained through formal training conducted by industry or education, work experience or life experience.

Award Outcome

Learners wishing to undertake the Assessments or RPL will awarded a

‘Statement of Attainment’ for units of study in:

CPCCBC6011A

Establish Systems to Develop and Monitor Building and Construction Costs

forming part of:

CPC60212 Advanced Diploma of Building & Construction (Management)

and

CPCCBC5002A

Monitor Costing Systems on Medium Rise Building and Construction Projects

CPCCBC4004A

Identify and Produce Estimated Costs for Building and Construction Projects

forming part of:

CPC50210 Diploma of Building & Construction (Building)

All learner participants who attend the full program will be issued a

‘Certificate of Attendance’

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