ce-591 cost engineering and control_fall 015-syllabus - weekend.pdf

8/19/2019 CE-591 Cost Engineering and control_Fall 015-Syllabus - Weekend.pdf

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CE-591 COST ENGINEERING AND CONTROLCOURSE SYLLABUS

FALL 2015 (WEEKEND PROGRAM)

INSTRUCTORFarrukh Arif, Ph.D.Assistant Professor,

Department of Civil Engineering, NED UET.Phone: 99052277E-mail: [email protected] Office Hours: Tuesdays/Thursdays 4:00 – 5:00 PM (preferable by email appointment)URL: https://www.dropbox.com/s/u6b0wdvwyh4dz07/Farrukh%20Arif_Resume.pdf?dl=0 Time: Sundays 10:00 am – 1:00 pm

CATALOG DESCRIPTION

Introduction to Cost Engineering; Cost Estimating: Estimate Accuracy; Estimate Approaches/Classes; EstimatingMethods; Computerized Estimating; Labor Productivity Analysis; Equipment Unit Cost Estimation; Indirect Costs;

Data Collection and Management; Activity Unit Price Estimation based on Field Data; Estimate Coding andDocumentations; Predicting Future Escalation; Contingency; Application of computer software to rigorousexercises in construction estimating. Cost Control: Introduction to Cost Control; Role of Cost Control Engineer;Cost Control during Various Project Phases; Project Changes; Subcontract Development, Administration andControl; Cost Control during Construction; Monthly Cost Report and Cost Control Meetings; ComputerApplications; The Cost of Cost Control; Control of Bulk Materials; Case Studies.

SUMMARY

The course investigates the principal theories and techniques regarding the cost, engineering analysis and control thathave a significant importance in the construction industry projects. It will help students develop skills for makingdecisions regarding situations that are likely to be observed in professional practice. A series of individual graded

assignments on specific topics and exams will be required for sessional work in addition to final exam.

OBJECTIVES OF THE COURSE

To have a clear understanding of the issues involved in construction cost engineering and analysis. To learn the principles and basic concepts of construction cost control. To learn different emerging techniques in construction cost analysis and control.

TEXTBOOK(S) AND/OR OTHER MATERIAL

No textbook is needed for this course. Reference/Reading materials will be provided as needed.

ACADEMIC MISCONDUCT

Acts of academic misconduct, e.g., cheating, plagiarism, misrepresentation, etc., will not be tolerated. A student foundto be engaging in such behavior will be charged with academic misconduct according to the University’s procedures.

mailto:[email protected]



https://www.dropbox.com/s/u6b0wdvwyh4dz07/Farrukh%20Arif_Resume.pdf?dl=0






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CE-591 COST ENGINEERING AND CONTROLCOURSE OUTLINE


WEEK DATE DISCUSSION TOPICS FOR THE WEEK

1

August 09Syllabus/ Schedule review

Introduction to Cost EngineeringDifference between cost estimating and cost analysis and control

2 August 16 Labor Productivity and Analysis

3 August 23 Material Resources and Analysis

4 August 30 Forecasting

5 September 06 Escalation TERM PROJECT ASSIGNED

6 September 13 Contingency

7 September 20 MID-TERM EXAM

8 September 27 Introduction to Cost Control

9 October 04 Cost Control during Conceptual Engineering

10 October 11 Cost Control during Detailed Engineering: Engineering Costs

11 October 18 Cost Control during Detailed Engineering: Bulk Materials

12 October 25 Project Changes

13 November 01 Cost Control during Construction: Forecasting Direct Field Labor

14 November 08 Cost Control during Construction: Other Items

15 November 15 The Monthly Cost Report and Cost Control MeetingsThe Cost of Cost Control

16 November 22 TERM PROJECT SUBMISSION PRESENTATIONS



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CE-591 COST ENGINEERING AND CONTROLCOURSE SYLLABUS


LECTURESThe detailed list of lecture topics is contained in the Course Schedule. The lectures provide the conceptual

framework for the course and the student is expected to have a good understanding of the lecture and readingmaterials, whether they are present in the class or not.

EXAMSThere are two (2) exams in the course i.e. mid-term and final exam. The exams will test the individual student'sunderstanding of some of the principal concepts covered in the course. The exams cover material discussed in thelectures and in the assigned readings up to the time of the exam. No absences will be excused on the days ofexams.

TERM PROJECTA term project will be assigned to the students individually. The project will require the implementation of theknowledge gain through the course lectures and assigned readings in a practical case scenario. The details regarding

the project will be discussed later during the semester.

ASSIGNMENTS

Homework may be assigned during the lectures. Professional presentation, good organization, and properdocumentation are very important components of the homework assignment grade. Late submissions will not beaccepted.

GRADING * Final Exam 60%* Mid-Term Exam 10%* Term Project 20%* Assignments 10%

Total 100%

All grades will be determined pursuant to the following point values: (See Masters’ Prospectus)

RIGHT TO REVISE

The instructor reserves the right to make revisions to any item in this syllabus, including, but not limited to any ofthe items mentioned in the notes above.

ce-591 cost engineering and control_fall 015-syllabus - weekend.pdf

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