CONS5508 – Estimation
Module code
CONS5508
Module title
Estimation
Prescription
The aim of this course is to develop the knowledge and skills to estimate costs for inclusion in tenders for medium and large building projects.
NZQA Level
Level 5
NZQA Credits
15
Delivery method
- Web-Enhanced
Learning hours
- Total learning hours
- 150
Resources required
- Learning Outcomes
- - Interpret a schedule of quantities for use in a tender submission for medium and large building projects.
- Compile unit rates, overheads, profit and on-cost items for medium and large building projects.
- Review and compile tender information for submission for medium and large building projects. - Assessment Criteria
- Assessment in this course employs an achievement-based grading scheme. Aakonga will be advised of all matters relating to summative assessment prior to the start of the course.
- Teaching and Learning Strategy
- Learning and teaching activities will employ a range of elements drawn from approved methods to align with the context of the learning (delivery mode, regional specific requirement, etc.) and any particular needs of the group of aakonga.
- Content
- - Schedule of quantities: role in preparing a tender submission.
- Outline main contractor/subcontractor costs and responsibilities for use in trade, preliminary and general sections of the tender.
- Unit rates and application of overheads, profit and on-cost items: build up unit rates for a range of measured items and identification of pricing components.
- Selection and application of labour, materials, plant.
- Principles, classification and application of onsite/off site overheads, profit and on-cost items – total trade costs.
- Market rates and conditions, cost, availability, conditions of sale/hire.
- Quotations – use, assessment and selection.
- Compilation of tender information: Collation of priced items, trade totals, and lump sums for preliminary and general sections in accordance with tender and contract conditions. - Learning and Teaching Resource
- All required and recommended resources are advised to aakonga via course outlines.
