Learning outcome

A candidate who has passed the course should have a learning outcome in the form of acquired knowledge, skills, and general competence, as described below.

Knowledge

The candidate:

• knows the terminology used in multi-disciplinary project management and in cost engineering
• understands the interaction between different diciplines in multi-disciplinary project management
• can explain how life-cycle analyses are used to handle environmental aspects of multi-disciplinary project management

Skills

The candidate:

• is able to carry out investment analyses
• is able to perform cost estimates with focus on early phase estimates in multi-disciplinary projects
• Is able to structure, organize and schedule multi-disciplinary projects, including project control

General competence

The candidate:

• is prepared for carrying out multi-disciplinary projects in industry and process development
• is able to combine competence from the courses of the study programme with the knowledge and skills of cost engineering to obtain cost-effective process solutions

Course Description

• Definition of project and project management
• Phases in projects and different estimate types
• Project stakeholders and definition of project objectives
• Project organizations
• The construction process
• Contracts and contract Formats
• Payment forms
• Introduction to environmental management principles, including Life-Cycle Analysis
• Net present value analysis
• Cost estimation and cost control
• Time scheduling
• Scope Analysis
• Work Breakdown Structures (WBS)
• Project Control

Assessment Methods

The final test counts 100 %. All homework assignments and exercises in the course are, however, relevant for the final test.

Minor adjustments may occur during the academic year, subject to the decision of the Dean