Subject 'Cost Estimation and Construction Economics + Course Project'

Year:   2015/2016    2016/2017    2017/2018    2018/2019    2019/2020    

Cost model, budgeting methods, concepts and different stages of the project and associated activities for estimating, bidding types, procurement and documentation, construction cost classification (standard EVS 885:2005), volume calculation and its phases, normative (standard time and labor standards), and the loss of surplus, types of costs (labor, construction materials, building materials, subcontracting evaluation), making offers, structural unit of the scores, the unit marks catalogs (Ratu, Eke Nora, experience, contractors), construction overhead, profit, value, volume and budgeting process of the construction company, real different budgets demonstration.
Basics of immovable property economics, investment and life-cycle costs of a registered immovable, analysis of immovable property investments, calculations of lifespan of immovable property, analysis of the criteria influencing costs.

The course aims to provide students with the understanding of the documentation and budgeting process. Other objective is to provide the students basic knowledge about the economic mechanisms of construction, calculation of the lifespan costs of a building and economical development in the construction environment.

In the end of the course the student:
1. knows all about budgeting phases, is able to make a budget and orientates in the public procurement environment;
2. is able to find and use standards and catalogs;
3. is able to make a budget and calculate volumes, to establish pricing inquiries, general contracting, and time-payment plan using appropriate tools (e.g. unit grades directories);
4. is able to assess the budget´s actual costs and is competent to defend the accuracy of the cost-created;
5. is able to calculate and analyze the return on investment of energy efficiency and environmental perspective.

The substance consists of lectures, practical classes and independent work

2020: FOR*  HE  KK  

2019: FOR*  HE  KK  

2018: FOR*  HE  KK  

2017: FOR*  HE  KK  

2016: HE  RG*  

2015: HE  RG*  

* Optional subject