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Basics of Cost Management (3 cr)

Code: IR10033-3004

General information


Enrollment

01.04.2024 - 30.04.2024

Timing

21.10.2024 - 20.12.2024

Number of ECTS credits allocated

3 op

Mode of delivery

Contact teaching

Campus

Wärtsilä Campus Karjalankatu 3

Teaching languages

  • Finnish

Seats

20 - 50

Degree programmes

  • Degree Programme in Construction Engineering

Teachers

  • Annikki Tanskanen

Teacher in charge

Annikki Tanskanen

Groups

  • ITNS23
    Engineering, Civil Engineering, Building Services, Full-time Studies, Fall, 2023
  • IRNS23
    Engineering, Civil Engineering, Construction, Full-Time Studies, Fall, 2023

Objective

During this study unit You will
- be able to determine the factors that affect the costs of the different phases of a construction project
- know the concepts of cost management in a construction project
- know the basic methods of cost accounting in different stages of a construction project
- master the principles of quantity accounting and know how to calculate construction costs.

Content

The content of the study unit
- cumulation of costs during the building project
- methods of cost estimation
- coding systems
- cost estimation in design phase and in contracting phase (quantities, prices, general costs on the sites)
- target estimation
- essential parts of tender calculation

Evaluation scale

H-5