Cost Management

Major/Minor/Specialisation !MC-CONMG2Y-SPC+1001 (2016)

Note: This is an archived Handbook entry from 2016.

Year and Campus: 2016

Coordinator

Dr Ajibade Aibinu

Contact

Email: aaibinu@unimelb.edu.au

Currently enrolled students:
• Contact Stop 1
• General information: https://ask.unimelb.edu.au

Future students:
• Further information: http://msd.unimelb.edu.au/
• Email: http://msd.unimelb.edu.au



Overview:

The specialisation in cost management prepares students for a professional career in quantity surveying, cost engineering and cost estimating in the Australian and the international market. Its main technical component is concerned with all aspects of contractual and financial management in construction projects.

Learning Outcomes:
  • Acquire expertise in all aspects of contractual and financial management of building projects;
  • Learn how to engineer, monitor and control costs from project inception to completion;
  • Evaluate and offer appropriate advice on the financial implications of technical alternatives;
  • Develop the ability to apply the principles and theories of economics, law, management and statistics to financial management and control of projects;
  • Deal with cost control and management of risks in construction.
Structure & Available Subjects:

All students must take:

  • 112.5 points of core specialisation subjects, including the following capstone subjects: ABPL90129 Advanced Cost Management and ABPL90308 Experiences in Industry.
  • 50 points of specialisation electives
  • 37.5 points of multidisciplinary electives which may include any of the following:
  1. Additional specialisation electives.
  2. Any Melbourne School of Design subject(s) provided preprequisites are met.
  3. Any University of Melbourne graduate subject(s) provided prerequisites are met and written approval is obtained from both the faculty through which the subject is offered and the course coordinator. Such approval must be provided to the Environments and Design Student Centre before teaching commences.

Students should choose specialisation and multidisciplinary electives in consultation with the course coordinator.

Subject Options:

Cost Management specialisation subjects

Core specialisation subjects

Students are required to successfully complete all of the following subjects (112.5 points) in order to obtain the Cost Management specialisation in the Master of Construction Management.

Subject
Study Period Commencement:
Credit Points:
Semester 1
12.50
Semester 1
12.50

Elective specialisation subjects

Students are required to successfully complete at least 50 points from the following subjects in order to obtain the Cost Management specialisation in the Master of Construction Management.

Subject
Study Period Commencement:
Credit Points:
Semester 2
12.50
Not offered in 2016
12.50
Not offered in 2016
12.5
Semester 2
12.5

Multidisciplinary electives

Student complete 37.5 points of multidisciplinary electives which may include any of the following:

  • Additional specialisation electives.
  • Melbourne School of Design graduate subjects provided prerequisites are met.
  • Any University of Melbourne graduate subject provided prerequisites are met and written approval from the home faculty plus the Master of Construction Management course coordinator is submitted to the Environments and Design Student Centre.

Click below for a list of Melbourne School of Design Multidisciplinary elective subjects

Multidisciplinary elective subject list

Links to further information: http://msd.unimelb.edu.au/master-construction-management
Related Course(s): Master of Construction Management
Master of Construction Management
Related Majors/Minors/Specialisations: 200 point Master of Construction Management
300 point Master of Construction Management

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