CE 3211 Civil Engineering

Project and Cost

Management Project
Cost Management
Dr G.N. Samarasekara

Learning Outcomes
LO1: Produce cost management outputs for projects including approximate,
preliminary and detail cost estimates, cash flow, life cycle cost analysis and value
engineering

Project Cost Management

Learning Outcomes
At the end of the lecture you will be able to,
Define cost management
Understand and execute different cost estimates namely
Approximate estimating, Preliminary estimating, Detailed
estimating
Conduct a Cash flow analysis
Analyze Timevalue of money and engineering economics, Life
cycle cost analyses

Project Cost Management

The application of management techniques to control civil engineering work
and the establishment of cost principles for projects are essential in today's
construction industry.

Approximate estimating
Preliminary estimating
Detailed estimating
Cash flow and income monitoring
Timevalue of money and engineering economics

Life cycle cost analyses