CIE789 Cost Engineering and Control

[3–0, 3 cr.]

This course covers cost engineering for construction organizations, projects, and operations. It encompasses construction financing, break-even, profit, and cash flow analyses, and capital budgeting, as well as the equipment cost and procurement decisions. Construction financial accounting, cost accounting, cost control systems, and databases are discussed, as well as cost indices, parametric estimates, and unit price proposals, measuring work and settling claims.

Pre-requisite: CIE485 Construction Planning & Scheduling.