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SSUD12-111: Project Cost Management

Description

Technical decision-making in a projectised organisation is typically driven by an analysis of time, money and human resources. This subject explores how costs are managed from the initiation phase of a project or program until its closure phase. Topics covered include estimating techniques, direct and indirect costs, budgeting, cost planning, earned value, and financing. Successful outcomes can occur when value for money is realised.

Subject details

Type: Undergraduate Subject
Code: SSUD12-111
EFTSL: 0.125
Faculty: Faculty of Society and Design
Semesters offered:
  • September 2022 [Standard Offering]
Credit: 10
Study areas:
  • Business, Commerce, and Entrepreneurship
  • Project Management and Innovation
Subject fees:
  • Commencing in 2022: $3,950.00
  • Commencing in 2023: $4,050.00
  • Commencing in 2022: $5,260.00
  • Commencing in 2023: $5,400.00

Learning objectives

1. Practice knowledge needed for effective project cost management on an authentic case study 2. Produce a cash flow and use it to develop a means for managing performance 3. Demonstrate an ability to prepare a progress payment/claim as a basis for technical decision-making 4. Apply new knowledge and skills required for solving problems related to project cost management

Enrolment requirements

Requisites:

Nil

Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Restrictions:

Subject outlines

Subject dates

  • Standard Offering
    Enrolment opens: 17/07/2022
    Semester start: 12/09/2022
    Subject start: 12/09/2022
    Cancellation 1: 26/09/2022
    Cancellation 2: 03/10/2022
    Last enrolment: 25/09/2022
    Withdraw - Financial: 08/10/2022
    Withdraw - Academic: 29/10/2022
    Teaching census: 07/10/2022
Standard Offering
Enrolment opens: 17/07/2022
Semester start: 12/09/2022
Subject start: 12/09/2022
Cancellation 1: 26/09/2022
Cancellation 2: 03/10/2022
Last enrolment: 25/09/2022
Withdraw - Financial: 08/10/2022
Withdraw - Academic: 29/10/2022
Teaching census: 07/10/2022