This course covers the study of managing construction project cost in both the pre-contract and post-contract stages. It also covers key tools and techniques used such as value management, risk management and life cycle costing. It provides an introduction to construction cost information and databases; construction cost practices; and total cost control practices for construction projects.

CILO-1: An ability to define various elements of cost management in the pre-contract and post-contract stages of a construction project CILO-2: An ability to apply the tools and techniques used in construction cost management CILO-3: An ability to recognize the importance of and apply the techniques in controlling and forecasting cost during the construction phase of a project