ASC 522

Fundamentals from Feasibility through Construction. This course investigates economic decision-making by participants in the architecture, engineering and construction industry by presenting and developing the concept of construction as an important economic activity. The course explores the application of financial analysis, cost and value determination for a range of project delivery methods, forms of tenure and building types. Students will apply techniques of value engineering and life cycle analysis including time value of money, price inflation, and dollar devaluation. They will also consider risk and sensitivity analysis in decision-making, and methods of cost planning and control and quantity take-off techniques for building design evaluation using traditional approaches and current software.