Building Economic (QSB3214)

Portfolio Semester 5
Building Economic

Lecturer:

Miss Dianne Kok Hui Wen

Mr Ho June Khai

Objective :

This subject enable me to study and explore an awareness of the nature, content and significance of cost control, cost planning and understand the roles of project teams towards fulfilling client’s requirements

Besides that it provides me a chance to study and explore 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 stage

Learning Outcome:

Throughout the process of learning of course of Building Economics, I will be able to evaluate the role and responsibilities of Quantity Surveyors in the overall development process ,match the relationship between cost and design to a value outcome, illustrate various method of pre-tender estimating,enhance the role of Quantity Surveyor by outlining the importance of cost studies in the development process and carry out Elemental Cost Analysis to estimate building cost. I also learn how to prepare an estimate at pre-tender stage to a proposed project, cost plan based on historical data and S-curve for financial planning

Schedule:

Mid-Term Test

Objective: 
1) To learn the knowledge of  concept of cost control and cost modelling
2) To enable us to understand and investigate the topic taught by lecturer

Assignments:

Objective:
1) To learn how to amend the cost plan of the building designs
2) To investigate and learn the effect of the change of design toward the cost plan
3) To study and investigate the types of procurement used in the industry

Learning Outcome: 
1) This assignment enables me to learn the importance of cost plan for a Quantity Surveyor 
2) It also provide me a chance to advise the clients by giving opinion on the types of procurement used for the project
3) Furthermore, it provides me a chance to prepare the cost plan. 

Group Assignment