Coventry University program

Construction Cost Management

Develop an understanding of the factors that influence the time, quality and costs involved in construction management.

Construction Cost Management

This program is part of the MSc Construction Project and Cost Management degree offered by Coventry University

Evaluate procurement strategies applicable to construction projects

This program gives you the opportunity to develop a critical awareness of the concepts, theories and principles relevant to preparing budget costs and understanding the cost control techniques used for monitoring project progress and expenditure.

You’ll explore the procurement and tendering principles, techniques and factors that impact the construction estimating process. You’ll also have the opportunity to get to know the cost management tools at work in the industry and how they’re deployed throughout the various stages of a project.

Courses

5 courses

This program contains a portfolio, where you'll be able to gather your work and get feedback from course educators.

Delivered by expert academics

Coventry secured a gold rating in the UK Government’s 2017 Teaching Excellence Framework (TEF) and is the University of the Year for Student Experience 2019 in The Times and The Sunday Times Good University Guide 2019.

Please note that the staff described in the 'Who will you learn with?' section below may be subject to change.

Who will you learn with?

Danny McGough

Danny McGough

Danny McGough is the course director for the Construction Management with BIM online course at Coventry. He's worked on a number of complex research projects focusing on BIM & sustainable development.

Learning outcomes

Upon successful completion of this program you should be able to:

  • Critically evaluate and appraise procurement strategies applicable to construction projects and the tendering methods as currently used in the construction industry

  • Use concepts and principles in the preparation of budget costings and evaluate analytical estimating methods for building and civil engineering projects

  • Evaluate the relevance of procurement strategies and cost information required to procure construction projects – including pricing of tender and the impact of health, safety and risk on project costs

  • Evaluate and apply a range of estimating methods for cost advice – including approximate estimating, operational estimating, unit rate estimating and preliminaries using various examples (excavation and earthwork; concrete work; brickwork and blockwork) and bidding strategies

  • Critically evaluate the analytical estimating methodologies and their applications to given case studies with particular emphasis on industry and professional standards such as NRM1 (new rules of measurement set out by the Royal Institute of Chartered Surveyors)

  • Appreciate, apply and evaluate various construction cost management tools and techniques throughout the contract administration stages of the construction project internationally

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