CIVIL 709 : Cost Engineering
Engineering
2020 Semester Two (1205) (15 POINTS)
Course Prescription
Course Overview
- Introduction to the Course
- Methods in Cost Estimating
- Cost Accounting, Value Engineering approaches
- Future Cash Flows
- Progress Measurement and Earned Value
- Time Value of Money and Investment Tools
- Case Study 1 - Group Report and Presentation
- Case Study 2 - Individual Report
Capabilities Developed in this Course
Capability 1: | Disciplinary Knowledge and Practice |
Capability 2: | Critical Thinking |
Capability 3: | Solution Seeking |
Capability 4: | Communication and Engagement |
Capability 5: | Independence and Integrity |
Capability 6: | Social and Environmental Responsibilities |
Learning Outcomes
- Critically evaluate project deliverables and develop cost estimates using parametric and other cost estimating techniques. (Capability 1, 2, 3 and 4)
- Develop a project business case for an investment decision. (Capability 1, 2, 3, 4, 5 and 6)
- Apply the concept of cost monitoring and control to effectively manage costs on a project. (Capability 1, 3, 4, 5 and 6)
- Apply earned value, value engineering and other project cost management techniques. (Capability 1, 3, 4 and 5)
- Work effectively in a team effectively to provide cost engineering solutions to open-ended problems and complex project scenarios. (Capability 1, 2, 3, 4, 5 and 6)
Assessments
Assessment Type | Percentage | Classification |
---|---|---|
Quizzes and assignments | 50% | Individual Coursework |
Case Study (Team) | 25% | Group Coursework |
Presentation (Team) | 5% | Group Coursework |
Case Study | 20% | Individual Coursework |
4 types | 100% |
Assessment Type | Learning Outcome Addressed | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | ||||||
Quizzes and assignments | ||||||||||
Case Study (Team) | ||||||||||
Presentation (Team) | ||||||||||
Case Study |
This course is restricted to postgraduate students only
The team assignment requires that students work in small-medium sized teams on a major assignment. Participation in the team assignment is required (there is no alternative assignment option for students who prefer not to work in teams). The expectation is that the team is a self-managing autonomous unit, and is used as a learning environment on the basis that projects are typically delivered in teams in the workplace.
A group mark will be given for the team assignment deliverables. Each team member will also be required to complete a peer assessment of the work attitudes and contributions of all other members of their team The individual student’s mark will then be determined based on the group mark, adjusted up or down within a range of + or - 15%, in accordance with the results of the peer assessment by all other members of the team. Note also that your team assignment mark may be reduced substantially more if there is evidence that you have not contributed to the team assignment, and zero participation in the team assignment will result in a zero mark of the project.
Workload Expectations
This course is a standard 15 point course and students are expected on average to spend 10 hours per week or approx. 150 hours for the Semester.
For this course, you can expect 35 hours of lectures and tutorials, 30 hours of reading and thinking about the content, approx. 50 hours of work on Group Assignments and approx. 35 hours on Individual Assignments
Learning Resources
Lecture Notes and PowerPoints will be published on Canvas generally prior to the next lecture. Lecture recordings will be published 3 days after a lecture. However, it is not possible to record workgroup discussions - where possible work-group summaries will be recorded.
There are no prescribed texts. Students may find a number of texts that cover the course material well and should refer to several where possible.
Other Information
Digital Resources
Course materials are made available in a learning and collaboration tool called Canvas which also includes reading lists and lecture recordings (where available).
Please remember that the recording of any class on a personal device requires the permission of the instructor.
Academic Integrity
The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed against online source material using computerised detection mechanisms.
Learning Continuity
In the event of an unexpected disruption we undertake to maintain the continuity and standard of teaching and learning in all your courses throughout the year. If there are unexpected disruptions the University has contingency plans to ensure that access to your course continues and your assessment is fair, and not compromised. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator, and if disruption occurs you should refer to the University Website for information about how to proceed.
Class Representatives
Class representatives are students tasked with representing student issues to departments, faculties, and the wider university. If you have a complaint about this course, please contact your class rep who will know how to raise it in the right channels. See your departmental noticeboard for contact details for your class reps.
Inclusive Learning
All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.
Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website at http://disability.auckland.ac.nz
Special Circumstances
If your ability to complete assessed coursework is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due.
If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page: https://www.auckland.ac.nz/en/students/academic-information/exams-and-final-results/during-exams/aegrotat-and-compassionate-consideration.html.
This should be done as soon as possible and no later than seven days after the affected test or exam date.
Student Feedback
At the end of every semester students will be invited to give feedback on the course and teaching through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions.
Your feedback helps teachers to improve the course and its delivery for future students.
Class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.
Student Charter and Responsibilities
The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter (https://www.auckland.ac.nz/en/students/forms-policies-and-guidelines/student-policies-and-guidelines/student-charter.html).
Disclaimer
Elements of this outline may be subject to change. The latest information about the course will be available for enrolled students in Canvas.
In this course you may be asked to submit your coursework assessments digitally. The University reserves the right to conduct scheduled tests and examinations for this course online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. The final decision on the completion mode for a test or examination, and remote invigilation arrangements where applicable, will be advised to students at least 10 days prior to the scheduled date of the assessment, or in the case of an examination when the examination timetable is published.