Advanced Cost Management

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Department of Construction Management and Economics

Synopsis:

The subject offers the opportunity to deal with the issues of advanced cost management methods. Part of the tutorial is the processing of case study.

Analysis and calculation of LCC (life cycle cost) - construction project, building, structure. Deterministic and

stochastic approach.

Cost management of large construction projects cost planning, cost controlling, claim management, change

management etc.

Activity-Based Costing (ABC), Time-Driven Activity-Based Costing (T-D ABC)

Activity-Based Management (ABM) and its linkage to cost management

Strategic cost management tools

Value management

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Further information:

No time-table has been prepared for this course

The course is a part of the following study plans: