|1.||Critically review the process and procedures of cost planning in the design and construction of buildings and different cost planning techniques in relation to its aims of a cost control system;|
|2.||Interpret principles of design economics, forecast building prices and extrapolate historical data in relation to formulating cost plans during early building design stages;|
|3.||Formulate cost planning actions in design briefing stage, outline proposal stage, sketch design stage and tender documentation stage to compute elemental cost plan;|
|4.||Analyse life cycle cost studies including life cycle costing (LCC) basic principles, methodology of LCC, application of discounting in LCC calculations; and|
|5.||Devise collaboratively an appropriate life cycle cost evaluation of case study project including comparing life cycle cost of different design options to client and stakeholders.|
|Assignment||Individual Case Study Project (1000 words equivalent)||20%|
|Project||One (1) Group Case Study Project (3000 words equivalent)||40%|
|Examination||Final Examination (2 hours)||40%|
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