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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

Cost

$656.33

Spring/Summer 2018

Below is one offering of this course for the Spring/Summer 2018 term.

CRN 61854

Tue May 01 - Tue Jul 17 12 Weeks

Class Meeting Times

Dates Days Times Locations
May 01 - Jul 17 Tue 18:30 - 21:30 BBY NE01 Rm. 402

Instructor

TBD

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$656.33

Notes

  1. Departmental approval needed
  2. This course counts as a mgmt. elective towards the CMGT program and is part of the CIQS application process. To enrol e-mail mivens@bcit.ca with your ID and which estimating (prerequisite) courses you have taken.

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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