This unit introduces advanced quantity surveying and cost management concepts as required by a practitioner in the contemporary construction industry. The students investigate concepts and knowledge areas in post-contractual practices and administration, including preparation of interim bills, claims and variations management, cost management and controlling strategies of earned value analysis, value engineering and managing price fluctuations. Students propose and implement the concepts and theories in a real-world application. The unit also covers professional ethics in quantity surveying practices as per the Australian Institute of Quantity Surveyors (AIQS) ethics standards and codes.
On successful completion of this unit, students will be able to:
A list of recommended textbooks will be made available on VU Collaborate.
This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.