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BCIT

CMGT 8050 - Budgeting/Conceptual Estimating

Construction Management - CMGT Part-time Studies Course

School of Construction and the Environment

BCIT is planning for a substantial return to on-campus activity for the fall 2021 term as informed by BC Public Health Officer guidelines. Refer to each course listing for details.

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

Cost

$713.28

Fall 2021

Below is one offering of this course for the Fall 2021 term.

CRN 39017

Thu Sep 09 - Thu Dec 09 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 09 - Dec 09 Thu 18:30 - 21:30 BBY NE01 Rm. 404

Instructor

Angela Lai

Course Outline

Cost

$713.28

Notes

  1. Departmental approval needed
  2. BLDT 2091 or equivalent estimating course/experience required for registration. There will be no classes on Thur. Sept. 30 National Day of Truth and Reconciliation and Nov. 11 Remembrance Day.

This course offering is in progress. Please check back next term or subscribe to receive email updates.

In Progress

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

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