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Building Economics [ QSB 60804 ]

Lecturer : Sr. Dianne Kok Hui Wei

 

 

This is a 4 credit hour module that conducted over a period of 14 weeks. The modes of delivery will be in the form of lectures, tutorials, and self-directed study. The module provides an overview of the Quantity Surveyor’s role during the pre-tender stage of a development. The students will be introduced to the relationship between building morphology, design variables and life cycle costing of a building. Students are also given the opportunity to learn and apply information technology in the cost planning.

It allows student to develop an awareness of the nature, content, and significance of cost control, cost planning and understand the roles of project teams towards fulfilling client needs. Students will also be able to develop awareness of the effect of design variables in obtaining an economical design and to appreciate the role of the quantity surveyor in pre- and post-contract stages.

From the lectures that had been conducted by Ms. Dianne, I've learned to identify the role and responsibilities of Quantity Surveyors in the overall development process and to match the relationship between cost and design to a value outcomes Furthermore, able to explain various methods of pre-tender estimating. Not only that, I'm able to outline the importance of cost studies to enhance the role of Quantity Surveyor in the development process.  Most importantly, be able to produce an estimate at pre-tender stage, cost plan based on historical data in a group or independently.

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