KA5012 - Construction Economics

You will learn through lectures, seminars, and independent learning. The lectures will cover theories and concepts that will enable you to tackle a series of guided exercises. You will work on these during seminars and hands-on sessions in Northumbria’s computer labs, which are fully equipped with the latest industry-standard software. You will get verbal and written formative feedback in preparation for summative assessments.

If you are in employment your workplace will be the main learning environment, in effect acting as a framework for construction economics. However, tutor support will be available via drop-in sessions throughout the module study period. If you are in employment it is recognised that there is the need for modes of blended learning delivery, experiential assessment, and opportunities to combine work and study through independent study, embedded learning opportunities, and relevant communications technologies. Lecture capture will be used to elaborate on the content contained in any teaching material along with audio recording and notes to support presentations on key topics.


If you are in employment your workplace will be the main learning environment, in effect acting as a framework for construction economics. However, tutor support will be available via drop-in sessions throughout the module study period. If you are in employment it is recognised that there is the need for modes of blended learning delivery, experiential assessment, and opportunities to combine work and study through independent study, embedded learning opportunities, and relevant communications technologies. Lecture capture will be used to elaborate on the content contained in any teaching material along with audio recording and notes to support presentations on key topics.

Support will include feedback from tutors during small-group seminars and tutorials. In addition tutors will respond to questions via the module’s discussion board at the University’s eLearning Portal so that the whole group can benefit. Further, the tutor team can be contacted by email, and where appropriate to get help for your module questions.

If you are in employment your workplace will be the main learning environment, however, tutor support will be available via drop-in sessions throughout the module study period. The eLP, telephone and email will be used as a means of communication once the initial briefings have taken place and work-based visits will be made by tutors if appropriate.

All modules at Northumbria include a range of reading materials that students are expected to engage with. Online reading lists (provided after enrolment) give you access to your reading material for your modules. The Library works in partnership with your module tutors to ensure you have access to the material that you need.

Knowledge & Understanding
You will be expected to be able to:
• MLO1: Prepare an early stage estimate, approximate quantities estimate, elemental cost plan and cost checking in accordance with client requirements.
• MLO2: Appraise building cost based on building morphology and cost modelling techniques.
• MLO3: Recognise the building information model to integrate cost information and construction programming to a typical construction project.

Intellectual / Professional skills & abilities
You will develop your skills, which you will be able to:
• MLO4: Apply programming of construction work and assess risks associate with project programming.

Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA)
You will develop and reinforce to:
• MLO5: Demonstrate the capacity for independent, evidence based thinking and decision making

Formative Assessment: Tutors will give feedback on the exercises relevant to different sections discussed in the seminars and you will record and track your progress throughout the module.

Summative assessment: This module is assessed by an open book exam. This tests all module learning outcomes.

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The aim of this module is to further develop knowledge and competence gained at level 4 with a particular focus on the role of consultant Quantity Surveyor. This will comprise a focus on construction economics via the application of an early stage estimate, elemental cost plan and approximate quantities estimate in accordance with client requirements. Further, the module includes the integration of contemporary software packages compatible with BIM technology and tools. Students will be able to apply and develop skills in a range of seminar activities which will provide verbal and written formative feedback in preparation for summative assessments. The summative assessment will be an examination at the end of the module. Your engagement with the module and its assessment will assist in the development of the knowledge, skills and attributes that are valued by employers.

If you are in employment your workplace will act as a framework for construction economics to develop your skills and knowledge.