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Overview

Course Prescription

Advanced topics in cost engineering such as engineering economics, cost planning, cost estimating, cost control, cost analysis and lifecycle costing. These topics are extended by independent and group applied projects in which students solve complex engineering management problems. The core taught skills are complemented by independent research to solve cost engineering problems or critically analyse alternative cost engineering approaches.

Course Overview

This course builds an understanding of commercial issues around projects and develops knowledge, skills and competencies for cost engineering approaches within the context of the delivery of projects.  It explains the theoretical concepts related to cost engineering and how those concepts apply to the project environment. Students develop competencies and mastery of the subject matter via the applied application of the concepts to case study problems based on commercial projects from the industry. The case studies bring aspects of ambiguity and complexity to the course in order to illustrate the multi-faceted criteria of decision-making, cost planning, analysis and engineering economics. The course also explores aspects of cost estimating against uncertainty, where information may be incomplete or unreliable, in order to illustrate the need for contingencies and the development of cost-risk strategies. Students should therefore expect to deal with uncertainty, ambiguity and complexity, in which there is no simple answer, but rather multiple answers may be relevant based on contextual considerations.
The topics covered in the lectures are as follows (note that the order in which topics are delivered may change): 

  • Cost accounting
  • Methods in cost estimating  
  • Finance, discounting, investment decisions and sensitivity
  • Time value of money and engineering economics
  • Project progress measurement, Earned Value and Forecasting
  • Change Management
  • Other contemporary topics based on the scholarly literature 

Workload Expectations

This course is a standard 15 point course and students are expected to spend up to 10 hours per week in learning, reading and assignments. 

Students can expect 12 hours of online tutorials and 48 hours of reading and thinking about the course content. In addition, students should expect to allocate 40 hours of work on team assignments and approximately 50 hours on individual assignments.   

Course Prerequisites, Corequisites and Restrictions

Restriction

Locations and Semesters Offered

LocationSemester
City

Teaching and Learning

Campus Experience

Attendance is expected at scheduled activities including tutorials to complete components of the course.
Lectures will be available as recordings. Other learning activities including tutorials will not be available as recordings.
The course may include live online events including group discussions/tutorials.
Attendance on campus is not required for assessments.
The activities for the course are scheduled as a standard weekly timetable.

Learning Resources

Taught courses use a learning and collaboration tool called Canvas to provide students with learning materials including reading lists and lecture recordings (where available). Please remember that the recording of any class on a personal device requires the permission of the instructor.

Additional Information on Learning Resources

Learning materials will be made available via Canvas, which will include a range of modules, learning content, case studies and readings. A reading list of relevant sources, along with essential readings and further resources will be provided. Students may find a number of texts that cover the course material well and should refer to several where possible.

Copyright

The content and delivery of content in this course are protected by copyright. Material belonging to others may have been used in this course and copied by and solely for the educational purposes of the University under license.


You may copy the course content for the purposes of private study or research, but you may not upload onto any third-party site, make a further copy or sell, alter or further reproduce or distribute any part of the course content to another person.

Health and Safety

Students must ensure they are familiar with their Health and Safety responsibilities, as described in the university's Health and Safety policy.

Learning Continuity

In the event of an unexpected disruption, we undertake to maintain the continuity and standard of teaching and learning in all your courses throughout the year. If there are unexpected disruptions the University has contingency plans to ensure that access to your course continues and course assessment continues to meet the principles of the University’s assessment policy. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator/director, and if disruption occurs you should refer to the university website for information about how to proceed.

Academic Integrity

The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed for potential plagiarism or other forms of academic misconduct, using computerised detection mechanisms.

Similarly, research students must meet the University’s expectations of good research practice. This requires:

  • Honesty - in all aspects of research work
  • Accountability - in the conduct of research
  • Professional courtesy and fairness – in working with others
  • Good stewardship – on behalf of others
  • Transparency – of research process and presentation of results
  • Clarity - communication to be understandable, explainable and accessible

For more information on the University’s expectations of academic integrity, please see the Academic Conduct section of the University policy hub.

Disclaimer

Elements of this outline may be subject to change. The latest information about taught courses is made available to enrolled students in Canvas.

Students may be asked to submit assessments digitally. The University reserves the right to conduct scheduled tests and examinations online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. In exceptional circumstances changes to elements of this course may be necessary at short notice. Students enrolled in this course will be informed of any such changes and the reasons for them, as soon as possible, through Canvas.


Additional Information on Academic integrity

If not already completed, you must complete the Academic Integrity Course. Failure to do so will not be accepted as an excuse for inadvertent plagiarism. https://uoa.custhelp.com/app/answers/detail/a_id/3474/~/academic-integrity-course
Canvas will be set up to allow you to submit Assignments to Turnitin as many times as you wish and you will also see the Similarity Score.

Assessment and Learning Outcomes

Course Learning Outcomes

CLO #OutcomeProgramme Capability Link
1
2
3
4

Assessments

Assessment TypeAssessment PercentageAssessment Classification

Additional Information on Assessment

The team assignments will include a peer review system to encourage all students to contribute their fair work effort to the assignments. Individual student marks for the team assignments will be based on the team grade, moderated downwards or upwards, based upon the peer review results. All students are expected to contribute to the team assignments and to complete the peer review. A peer review system will be confidential to ensure fairness.

A passing mark is 50% or higher, according to University policy

Late Assessments

Penalties will apply to late submissions as follows:

Time After the Due Date / Penalty

<=24 hours (1 day) -10%

>24 hours but <=48 hours (2 days) -20%

>48 hours but <=72 hours (3 days) -30%

>72 hours but <=96 hours (4 days) -40%

>96 hours but <=168 hours (7 days) -50%

>168 hours (7 days) -100%

Extensions will only be granted in exceptional circumstances. If you want to apply for an extension, you should discuss your circumstances with the Course Coordinator before the assignment due date.

For medical circumstances, you should provide a copy (or original) of a medical certificate.

Assessment to CLO Mapping

Assessment Type1234

Student Feedback, Support and Charter

Student Feedback

Feedback on taught courses is gathered from students at the end of each semester through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions. Your feedback helps teachers to improve the course and its delivery for future students. In addition, class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.

Additional Information on Student Feedback

Feedback from students taking the course in 2024 has been considered and updates made to the course, in particular the assignments and mode of delivery.

Class representatives

Class representatives are students tasked with representing student issues to departments, faculties, and the wider university. If you have a complaint about this course, please contact your class rep who will know how to raise it in the right channels. See your departmental noticeboard for contact details for your class reps.

Tuākana

Tuākana is a multi-faceted programme for Māori and Pacific students providing topic specific tutorials, one-on-one sessions, test and exam preparation and more. Explore your options at Tuakana Learning Communities.

Inclusive Learning

All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.

Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website.

Wellbeing

We all go through tough times during the semester, or see our friends struggling. There is lots of help out there - please see the Support Services page for information on support services in the University and the wider community.

Special Circumstances

If your ability to complete assessed work is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due. If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page. This should be done as soon as possible and no later than seven days after the affected test or exam date.

Student Charter and Responsibilities

The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter.

Student Academic Complaints and Disputes

Students with concerns about teaching including how a course is delivered, the resources provided, or supervision arrangements, have the right to express their concerns and seek resolution. The university encourages informal resolution where possible, as this is quicker and less stressful. For information on the informal and formal complaints processes, please refer to the Student Academic Complaints Statute in the Student Policies and Guidelines section of the Policy Hub.