British Columbia Institute of Technologywww.bcit.ca/study/courses/cmgt8050

Important Notice: Natural gas heat restored on Burnaby Campus

BCIT

CMGT 8050 - Budgeting/Conceptual Estimating

Construction Management - CMGT Part-time Studies Course

School of Construction and the Environment

Course Details

The aim of the course is to enable students to develop knowledge and examination of various methods of conceptual estimating used in commercial and institutional buildings and their significance in the development of projects prior to the design and construction phases. The course will look at why budget/conceptual estimates are necessary, what factors need to be considered when preparing, evaluating and discussing project and operating costs during the early stages of a project when very little information is available and the design is very minimal. The course will also look at a number of different types of conceptual estimate, when to best use each and the limitations of the estimates types. The lectures will be delivered in 3 hour units per week by a qualified Professional Quantity Surveyor. The 3 hour units will be broken down into a 1 hour lecture and a 2 hour lab session allowing the student to work within a group context to assist learning and allowing question and answer time with the lecturer.

Prerequisite(s)

BLDT 2091 or equivalent.

Credits

3.0

This course isn't currently offered through BCIT Part-time Studies. Please check back next term or subscribe to receive email updates.

Learning Outcomes

Upon successful completion, the student will be able to:

  • Develop an outline of the key elements of the owner’s decision process when considering to initiate a project.
  • Generate a site options decision matrix with key elements.
  • Examine different types of conceptual estimating techniques.
  • Select and apply applicable conceptual estimating techniques.
  • Examine and evaluate the role of life cycle costs in the decision making process.
  • Evaluate procurement and project delivery strategies.
  • Assess and apply contingency strategies.

Effective as of Fall 2011

Related Programs

CMGT 8050 is offered as a part of the following programs:

School of Construction and the Environment

  1. Construction Management
    Full-time/Part-time   Bachelor of Technology

Subscribe

Interested in being notified about future offerings of CMGT 8050 - Budgeting/Conceptual Estimating? If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.

Contact Information

Suggest course days and times

If you are interested in taking this course on-campus (classroom delivery only) and would like to see it offered on specific days and/or at specific times, please indicate your preferences below. Day and time suggestions are not applicable to online courses.

The personal information on this form is collected under the authority of the College and Institute Act (RSBC 1996, Ch.52). BCIT will use this information to communicate with you regarding relevant BCIT programs, courses and services. This information is only used by authorized BCIT staff. Email communication sent to and from BCIT is routed through the United States of America. If you have any questions about BCIT's collection and use of this information, please contact BCIT’s manager of Information Access and Privacy.

Programs and courses are subject to change without notice.

Find Courses

Payment Changes At BCIT

We've changed the way we accept payments.

Find out more

Course Navigation, Related Links & Tools

Registration News

Registration is currently open for the Fall 2018 term.

The sneak preview for the Winter 2019 term starts Fri, Oct 19 at 8:30 am (PDT).

Students may register for Winter 2019 term courses online, by phone, mail or in-person starting Wed, Oct 24 at 9:00 am (PDT).

Classroom Locations

Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at www.bcit.ca/rooms on the first day of any course you are registered for.

Part-time Studies Financial Aid

Will you be studying at BCIT part-time? Do you need assistance funding your studies? Find out if you qualify for Part-time Studies financial aid ›

© BCIT