Building Economics (QSB 3214)

Building Economics (QSB 3214)

The teaching objectives of the module are:

1. To develop an awareness of the nature, content, and significance of cost control, cost planning and understand the roles of project teams towards fulfilling client needs.  
2. To develop awareness of the effect of design variables in obtaining an economical design and to appreciate the role of the quantity surveyor in pre- and post-contract stages. 

Assignment 1

We are required to do the followings:

1. Group Work

•  Preparation of cost plan from ECA
• Submission of cost plan for Client's approval
• Tender summary tabulation and tender rates
• Tender report

2. Individual Work 

• Preparation of Letter of Acceptance

                                       Cost Plan from ECA

Tender Report

Letter of Acceptance

For Building Economics, I am required to learn independently as to learn some of the principles, e.g.: Net Present Value (NPV) and intrepret the information in the lecture notes. This is in vein with Einstein (n.d.) which claims that "Once you stop learning, you start dying".