This module is taught by Puan Azrina.This subject is about valuating or controlling cost of a building during the design stage. Since is a cost controlling subject therefore it is required to do a lot of the calculation in order to calculate the cost of building like Life cycle costing.
This subject consists of 1 mid term and 1 assignment. The mid term test focused on chapter 1 which is Introduction to Building Economics Module .. As for the assignment, we are divided to 7 members per group. we are required to estimate the price for a proposed building based on the price of a similar existing building type. We are also required to do letter of acceptance. This practice is very good for us as we can learn more about cost planning.
In conclusion, I had learnt on how the Preliminaries estimate is done and I more understand and clear about the tender stages.This module also has helped me in understanding the concepts of cost control and also whole life costing. To me, I personally find that the topics are very important and useful for us as potential quantity surveyors because costing is what we do. With these taught to us, we now understand costing calculation methods and how costing would fluctuate through time as well.
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