Module Database Search



MODULE DESCRIPTOR
Module Title
Value and Cost Studies 3 (Valuation and Whole Life Costing)
Reference SU4004 Version 13
Created June 2017 SCQF Level SCQF 10
Approved July 2005 SCQF Points 15
Amended September 2017 ECTS Points 7.5

Aims of Module
To provide the student with the knowedge and ability to apply the principles and practices of financial modelling and development appraisal in a built environment context.

Learning Outcomes for Module
On completion of this module, students are expected to be able to:
1 Analyse and apply financial appraisal techniques in a built environment context.
2 Critique and apply property valuation techniques.

Indicative Module Content
This module builds upon and develops the student's expertise in cost and price in a built environment context into that of value by exposing students to a wide range of financial appraisal techniques and property valuation technique as applied in property investment and development.

Module Delivery
This is a workshop based module supplemented with a small number of lectures. A substantial part of the module is devoted to student centred problem solving as well as directed reading of related core texts, journals and other resource material. This module is delivered by a combination of workshops with tutor support and a limited number of key lectures, with student centred learning based upon core texts.

Indicative Student Workload Full Time Part Time
Contact Hours 20 N/A
Non-Contact Hours 130 N/A
Placement/Work-Based Learning Experience [Notional] Hours N/A N/A
TOTAL 150 N/A
Actual Placement hours for professional, statutory or regulatory body    

ASSESSMENT PLAN
If a major/minor model is used and box is ticked, % weightings below are indicative only.
Component 1
Type: Coursework Weighting: 100% Outcomes Assessed: 1, 2
Description: One supervised assessment in the form of an end of module examination.

MODULE PERFORMANCE DESCRIPTOR
Explanatory Text
In order to pass the module students must achieve 40% or greater.
Module Grade Minimum Requirements to achieve Module Grade:
A 70% or better
B 60% or better
C 50% or better
D 40% or better
E 35% or better
F Less than 35%
NS Non-submission of work by published deadline or non-attendance for examination

Module Requirements
Prerequisites for Module None, in addition to course entry requirements.
Corequisites for module None.
Precluded Modules None.

ADDITIONAL NOTES
It is a professional accrediting body requirement that this module be at least 50% assessed by formal examination. This is the third of three value and cost studies modules which progressively introduce the students to the subject. This third module focuses upon the value of building works, where appropriate team working will be encouraged.

INDICATIVE BIBLIOGRAPHY
1 Potts, K. and Ankrah, N. 2014. Construction cost management: learning from case studies. 2nd ed. Routledge: Oxon
2 Holm, L. 2019. Cost accounting and financial management for construction project managers. 1st ed. Routledge: Oxon.
3 Lu, W., Lai, C.C. and Tse, T. 2018. BIM and big data for construction cost management. 1St ed. Routledge: Oxon.
4 Ashworth, 2012. Contractual procedures in the construction industry. 6th ed. Routledge: Oxon.

Robert Gordon University, Garthdee House, Aberdeen, AB10 7QB, Scotland, UK: a Scottish charity, registration No. SC013781