Module title

Construction Economics

CRN

28672, 32039 (J), 63009 (DA)

Level

5

Assessment title

Coursework 2

Weighting within module

This assessment is worth 50% of the overall module mark.

Module

Leader/Assessment set by

Dr Devindi Geekiyanage ThinkLab, Maxwell Building

Email: d.geekiyanage@salford.ac.uk

Submission deadline date and time

Friday 28^th March 2025 16:00hrs

Any submission received after 16:00 (even if only by a few seconds will be considered as late).

For coursework assessments only: students with a Reasonable

Adjustment Plan (RAP) or Carer Support Plan should check your plan to see if an extension to this submission date has been agreed.

How to submit

You can submit your cost plan in Word or PDF format. In addition, you can submit as many supporting documents as you wish in Word or PDF format. This should be submitted into the folder marked Assessment 2 Submission point within the assignment tab on Blackboard. This submission does not include a similarity index.

As the University will mark assessments anonymously where this is possible, please use your student roll number and not your name on your submission.

Please name your report as "CW2 Cost Plan - Student ID", ensuring that you replace "Student ID" with your actual student ID number. For

example: 'CW2 Cost Plan - 00123456'. Avoid using symbols such as '@', '!' or '$' in the file name. Including these symbols may cause issues when

Blackboard processes your submission.

If the submission files uploaded to Blackboard is corrupt and cannot be

viewed - this is classed as a NON submission. It is the responsibility of the student to ensure their submission material can be opened by the

markers.

Assessment task details and

instructions

Background:

You are employed as a Chartered Quantity Surveyor within a prominent multi-disciplinary consultancy renowned for delivering diverse professional construction services. Your expertise has been engaged to assist with a new residential development in Bolton, commissioned by

New-Way Builders, where you will undertake following responsibilities to contribute to the successful delivery of the project.

Project Details:

New-Way Builders commissioned the practice to undertake professional consultancy for the extension of a new residential development project in Bolton to provide dwellings for private sale on the open market.

New-Way Builders have developed an aggressive focus on price certainty with a strong desire to minimise risk. Accordingly, the project will be procured using design and build contract at RIBA Stage 3 design, with an amended JCT 2016 Design and Build Contract.

The practice must therefore provide an accurate stage 2 cost plan (Formal cost plan 1) for New-Way Builders house Type A, the only house type to be developed on this site of 50 properties, which will also form the pretender estimate for the project.

It is envisaged that the project will be tendered during Q3 2025, commencing in January 2026 with completion by July 2028.

Task:

Prepare an elemental cost plan (Formal cost plan 1) for 50 new build homes, adopting HG Builders standard House Type A shown in the pre- tender concept drawings:

3619-JPH-ZZ-XX-DR-A-010

3619-JPH-ZZ-XX-DR-A-011

3619-JPH-ZZ-XX-DR-A-012

3619-JPH-ZZ-XX-DR-A-013

3619-JPH-ZZ-XX-DR-A-014

3619-JPH-ZZ-XX-DR-A-015

3619-JPH-ZZ-XX-DR-A-040

3619-JPH-ZZ-XX-DR-A-041

Please make appropriate assumptions relating to any information not available from the drawings as no further information has been

provided.

Assessment Criteria

Assessment criteria are provided in below table. These will also be

explained and examined during your seminars.

Needs substantial work/

Need significant revision/Need improvement

(0% 39%)

Adequate (40% 49%)

Fair (50% 59%)

Good (60% 69%)

Very good/ Excellent/ Outstanding (70% 100%)

The elemental cost plan is incomplete / not produced in compliance with NRM1 or does not reflect the scheme

proposed. No allowance has been made for inflation or location.

The elemental cost plan is complete, but the submission is missing up to three of the following elements (1) it does not comply with NRM1

(2) comparative cost data has not been adjusted for location or inflation

(3) does not include EURs & EUQs

(4) does not provide sub-element or component-level

breakdowns for measured items

(5) sources of cost data

are not acknowledged for the listed items in the

brief

(6) does not include all elements from 9 to 14.2 inclusive

(7) does not include contingency allowances.

The elemental cost plan is complete but either

(1) does not comply with NRM1

(2) comparative cost data has not been adjusted for location or inflation

(3) does not include EURs & EUQs

(4) does not provide sub-element or component-level

breakdowns for measured items

(5) sources of cost data are not

acknowledged for the listed items in the

brief

(6) does not include all elements from 9 to

14.2 inclusive

(7) does not include contingency

allowances

The elemental cost

plan is complete, has been adjusted for inflation and location.

The requested

elements are fully measured and

detailed within the elemental cost plan.

Some attempt to

evaluate risk has been made in accordance with the NRM and

suitable allowances made.

Sources of cost data are fully

acknowledged, Tender and construction inflation is

competently and

clearly calculated, and preliminaries and

professional fees are suitably established, justified and included.

The elemental cost

plan is fully complete, has been adjusted for inflation and location.

The requested

elements are fully measured and

detailed within the elemental cost plan.

Risk associated with the scheme has been fully assessed in

accordance with the NRM and suitable

allowances made. Sources of cost data are fully

acknowledged, Tender and construction inflation is

competently and

clearly calculated, and preliminaries and

professional fees are suitably established, justified and included.

Outstanding

90% 100%

Excellent

80% 89%

Very good

70% 79%

Good

60% 69%

Fair

50% 59%

Adequate

40% 49%

Need improvement

30% 39%

Need significant revision

20% 29%

Needs substantial work

0% 19%

Knowledge and Understanding

Practical, Professional or Subject Specific Skills

Assessed intended learning outcomes

On successful completion of this assessment, you will be able to:

1. Comprehend and apply different methods of cost management

techniques within the various phases of design, construction and occupation

2. Locate, retrieve and evaluate cost information and prepare budgets, cost plans and cashflow forecasts for construction projects

3. Examine the cost implications of design decisions and selections shape, size, height, morphology, and other cost significant

elements

1. Compare cost control practices and techniques

2. Access and manipulate cost data from a variety of sources

3. Analyse and outline various methods of achieving Value for Money (VFM) in construction

4. Provide advice to clients on cost control and design economics

For Apprentices Only

Knowledge, Skills and Behaviours

(KSB)

This assessment prepares apprentices for the End Point Assessment by assessing progress towards the following KSBs:

Knowledge

1. (K2) Explain the methods and techniques for providing information, data and advice to clients.

2. (K3) Describe accounting procedures and explain methods for obtaining and managing finance

3. (K14) Explain the detailed quantification and costing of construction works and the methods of cost planning that can be applied

4. (K15) Explain the Management of a construction project and the principles of contingencies and risk allowances. Life cycle costing and value engineering. Techniques to manage contractors, sub-

contractors and/or suppliers. Reporting and forecasting.

Skills

1. (S1) Provide data, information and advice for clients relevant to the surveying discipline

2. (S3) Provide advice relating to the construction technology of buildings and their materials

3. (S4) Negotiate and agree terms for acquisition/disposal of property, standard forms of building contracts or other property related

contracts and liaise with legal advisers

4. (S10) Undertake detailed quantification, costing and cost planning of complex construction works.

Behaviours

1. (B1) Always ensure your client, or others to whom you have a professional responsibility, receive the best possible advice, support

or performance of the terms of engagement you have agreed to and ensure you always give attention to detail

2. (B2) Act in a manner, both in your professional life and private life, to promote you, your firm or the organisation you work for in a professional and positive way.

2. (B3) Always be trustworthy, open and transparent. Respect confidential information of your clients or potential clients and do not allow bias, conflict of interest or the undue influence of others to

override your professional or business judgments or obligations.

Always act consistently in the public interest when making decisions or providing advice.

4. (B5) Always act with skill, care and diligence and deal with any complaint in an appropriate professional manner.

Skill

I

U

A

D

Communication

X

Critical Thinking and

Problem Solving

X

Data Literacy

X

Digital Literacy

X

Industry Awareness

X

Innovation and

Creativity

X

Proactive Leadership

X

Reflection and Life-

Long Learning

X

Self-management and

Organisation

X

Team Working

X

will also become problematic for you both in further study and your

future career as the knowledge, critical and analytical thinking required for this assessment are essential, foundational skills you are expected to acquire and develop independently.

Word count/ duration (if applicable)

Word counts do not apply.

Feedback

arrangements

You can expect to receive feedback for this module in two formats:

1. Pre-submission feedback will be offered as part of the seminar series for the module, this will be discussed and arranged by the seminar tutor.

2. Post submission feedback - Summative feedback will be provided within Blackboard using GradeMark on your final submission.

Mark Release

You can expect to receive feedback after 15 working days of the submission of your coursework. For this assessment, this will be at 16:00hrs on Friday 18^th April 2025.

Should this date not be achieved for circumstances outside our control we will notify you of this via Blackboard announcements.

Academic Integrity and Referencing

Students are expected to learn and demonstrate skills associated with good academic conduct (academic integrity). Good academic conduct includes the use of clear and correct referencing of source materials. Here is a link to where you can find out more about the skills which students need:

Academic integrity & referencing Referencing

Academic Misconduct is an action which may give you an unfair advantage in your academic work. This includes plagiarism, asking someone else to write your assessment for you or taking notes into an exam. The University takes all forms of academic

misconduct seriously.

Assessment Information and Support

Support for this Assessment

You can obtain support for this assessment as follows:

1. You can attend the module seminars these are focused on preparing you for the assessments in this module.

2. You can find an Assessment Support folder on Blackboard including all the assessment support materials.

3. You can email your module tutor for assistance @ D.Geekiyanage@salford.ac.uk*

*Please allow 48 hours for responses to emails between Monday

and Friday 09:00 to 18:00. Emails received after 18:00 on Friday will receive a reply by 18:00 on the following Tuesday.

You can find more information about understanding your

assessment brief and assessment tips for success here.

Assessment Rules and Processes

You can find information about assessment rules and processes in Blackboard in the Assessment Support module.

Develop your Academic and Digital Skills

Find resources to help you develop your skills here.

Concerns about Studies or Progress

If you have any concerns about your studies, contact your Academic Progress Review Tutor/Personal Tutor or your Student Progression Administrator (SPA).

askUS Services

The University offers a range of support services for students through askUS including Disability and Learner Support, Wellbeing and Counselling Services.

Personal Mitigating Circumstances (PMCs)

If personal mitigating circumstances (e.g. illness or other personal circumstances) may have affected your ability to complete this assessment, you can find more information about the Personal Mitigating Circumstances Procedure here. Independent advice is available from the Students Union Advice Centre about this process. Click here for an appointment to speak to an adviser or

email advicecentre-ussu@salford.ac.uk.

In Year Retrieval Scheme

Your assessment is not eligible for in year retrieval. If you are eligible for this scheme, you will be contacted shortly after the feedback

deadline.

You can find more information about this scheme in Blackboard in the Assessment Support module.

Reassessment

If you fail your assessment, and are eligible for reassessment, you will need to resubmit on or before Friday 18^th July 2025 16:00hrs. For students with accepted personal mitigating circumstances for absence/non submission, this will be your replacement assessment attempt.

You will be asked to resubmit the same piece of work unless advised otherwise.

We know that having to undergo a reassessment can be challenging however support is available. Have a look at all the sources of support outlined earlier in this brief and refer to the Personal

Effectiveness resources.