ESTIMATING

SHE Level 3
SCQF Credit Points 20.00
ECTS Credit Points 10.00
Module Code M3K224769
Module Leader Valentah Siamuzwe-Manase
School School of Computing, Engineering and Built Environment
Subject Construction and Surveying
Trimesters
  • A (September start)
  • B (January start)

Pre-Requisite Knowledge

M1K203045 Introduction to Construction Costs; Construction Technology 1 & 2 Measurements 1 & 2

Summary of Content

The module seeks to instil students with practical, industry-ready and relevant skills required for the pricing of construction works. On the module, students learn how to use various estimating methods in different contexts, including Elemental Cost Planning and traditional analytical/resource estimating. It also addresses other costs that need to be included in a construction tender including Preliminary Costs, Insurances and Risk. The module also covers other factors, other than cost, that that influence the estimating and tendering process and have an effect on the commercial viability of a tender such as design, tender strategy, market conditions, competition law, market-testing, planning and construction methods, etc. The module also covers computer-aided Estimating.

Syllabus

-358 The The role of Estimating; b7 Estimating methods used at early design/pre-contract stages b7 Analytical Estimating - Unit rate pricing and rate build-up b7 Operational Estimating b7 Considerations of time, specifications, design and building regulations; b7 Management of incomplete designs/ Risk Management b7 Computer-aided estimating b7 Defining works packages b7 Market-testing/subcontractor packaging and management b7 Construction on-costs i.e. Preliminary Costs/ design fees / fixed price allowances and use of cost indices b7 Market Factors, Tender Strategies and Supply Chain Management; Legal considerations in tendering -359b7 Tender review - converting an estimate to a tender

Learning Outcomes

On successful completion of the module, the student should be able to: 1. Critically analyse the various estimating methods and identify when they can be used and why;2. Analyse input resources required to build-up rates and evaluate rates based on identified resources; 3. Identify and evaluate the commercial impact of various factors such design, specification, construction methods, overhead/ preliminary cost requirements, programme and procurement and contract conditions4. Identify works packages and how these are market-tested and subcontractors selected5. Use various computer-aided tools and software to aid the execution of the estimating function6. Critically apply measurements and building technology knowledge in assessing and analysing construction costs and risks.

Teaching / Learning Strategy

Lectures, supported by student-centred tutorial sessions, practical exercises and suitably-structured presentations. -358b7 Visual/practical teaching methods to enforce understanding of key principles b7 Computer software based teaching b7 Presentations from industry experts b7 Theory to practice exercises; Learning and teaching strategies will be developed and implemented as will be appropriate to students' needs, to enable all students to participate fully in the programme. Module assessment will be through 100% Continuous Assessment. This will be done using 2 individual pieces of coursework.

Indicative Reading

-426 Ashworth A., (2010), Cost Studies of Buildings, 5th Ed., Prentice Hall, London Bentley J.I.W., (1987), Construction Tendering and Estimating, E. & F.N. Spons, London Brook M., (2017), Estimating and Tendering for Construction Work, - 5th Ed., Routledge, Oxon Buchan R.D., Fleming E.F.W, (2003), Estimating for Builders and Surveyors, 2nd Ed., Butterworth Heinemann, London Cartlidge D. (2013), Estimator's Pocket Book, Routledge Chartered Institute of Building (2009), Code of Estimating Practice, 7th Ed., Wiley-Blackwell, London Greenhalgh, B., (2013), Introduction to Estimating for Construction, Routledge Hackett, M., and Robinson, I., (2007) The Aqua Group Guide to Procurement, Tendering and Contract Administration, Blackwell Pratt, D., (2010), Fundamentals of Construction Estimating, Delmar Cengage Learning, London Potts, K., and Ankra, N., (2013), Construction Cost Management - Learning from Case Studies, 2nd Ed., Routledge, London, New York RICS Construction Faculty (2005), E-Tendering, RICS Book Smith A.J., (1995), Estimating, Tendering and Bidding for Construction, MacMillan Press Ltd, London

Transferrable Skills

Development of: -281b7 Analytical, appraisal, interpretive and quantitative skills (D1, D4, D6) b7 Written, verbal, visual, graphical, IT and responsive presentation skills (D5, D13, D14, D15) b7 Skills related to the preparation of literature reviews through research and analysis of reference material in libraries and other sources (D3, D6, D9, D10) -282b7 Independent learning/working. (D11)

Module Structure

Activity Total Hours
Assessment (FT) 60.00
Practicals (FT) 8.00
Tutorials (FT) 5.00
Independent Learning (FT) 100.00
Lectures (FT) 27.00

Assessment Methods

Component Duration Weighting Threshold Description
Course Work 01 n/a 40.00 35% Individual Assignment
Course Work 02 n/a 60.00 35% Individual Assignment