Cost and Quality Management (4 cr)

Objective

Students will be familiar with the economic management and control of a building project and quality engineering taking into account a building's life span. They will be able to recognize the formation of costs in a building project, being able to compare costs with the building's life span. They will be proficient in quality assurance, the quality requirements regulating building and other central quality issues in building.

Content

The principles of financial management of a building project
Cost planning, quantity surveying, and cost monitoring.
Customer and production quality in a property's life span. Quality factors.

Evaluation scale

0 - 5

Assessment criteria, excellent (5)

The students are able to select the most appropriate cost and quantities calculation methods for different projects and can compare costs and quality (value for money). They are able to assess the impact of quality on a building's life-cycle and are able to conduct challenging cost and quantity survey calculations independently.

Assessment criteria, good (3)

The students are able to conduct cost and quantity survey calculations independently and they are familiar with quality regulations and issues and their impacts on the life-cycle of a building.

Assessment criteria, satisfactory (1)

The students are familiar with quality and cost related issues and their impacts on the life-cycle of a building. They are able to conduct simple cost and quantity survey calculations.

Prerequisites

Basic knowledge of construction management