Aug 15, 2022  
2020-2021 Undergraduate Academic Catalog 
2020-2021 Undergraduate Academic Catalog [ARCHIVED CATALOG]

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CM 3013 - Construction Project Financial and Cost Control

3 lecture hours 0 lab hours 3 credits
Course Description
Provides a working knowledge of cost engineering practices and techniques applied to construction project cost management and control activities to optimize project financial returns. (prereq: BA 2501 )
Course Learning Outcomes
Upon successful completion of this course, the student will be able to:
  • Without reference, the student can explain the information flow between cost control and other commonly interacting construction project disciplines
  • Without reference, the student can describe and track the steps in the transmission of typical job site labor, materials, equipment cost data, through typical project performance reports, to its effect on company financial reports
  • Given the required course materials, the student can devise and apply a suitable work breakdown structure for a building construction project of modest scope
  • Without reference except for appropriate project status reports, the student can perform an accurate earned value analysis and cite possible causes of performance variances and actionable remedies for unacceptable performance of a typical construction project
  • Without reference, the student can cite multiple special concerns and techniques for controlling various types of direct and indirect project costs
  • Without reference, the student can state and explain the significance of at least three ethical imperatives for construction cost engineers

Prerequisites by Topic
  • None

Course Topics
  • Construction and cost accounting practices and procedures
  • Construction cost engineering to include forecasting and revenue projections
  • Earned value analysis
  • Work Breakdown Structure (WBS)
  • Jobsite labor and performance reporting
  • Direct and indirect cost reporting

Dr. Jera Sullivan

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