APC training – Module 5: Design economics and Cost Planning
This APC revision module comprises of a single unit and equates to 1.5 hour of formal CPD.
This competency is exclusively suitable for quantity surveyors working in a consultancy environment. If you are a contractor’s QS, you will need to select a different competency as this would severely compromise your chances of success at the APC.
If you work as an estimator, please contact us to discuss how you may interpret this competency to suit your experience.
This competency is concerned with setting up budgets for the client and developing the design to maximise value, prior to tender issue. Do not confuse with Project Finance which is concerned with maximising value for the client during the construction period.
This module will provide you with all the level 1 knowledge in Design Economics and Cost Planning. In addition, your APC trainer will explain you how to demonstrate level 2 and 3 in this competency.
Advice to complete your summary of experience and examples of common APC questions are provided throughout the training videos. You will also be given access to associated study notes and revision materials.
As always, you are welcome to contact us by email if you have any questions after completing the unit.
APC training – Module 5: Design economics and Cost Planning includes;
- RIBA Plan of Works
- Order of Cost Estimating
- Cost Plans
- Methods of Estimating
- Estimating on-costs
- Sources of cost data & Indices
- Evaluating design efficiency
- Value Management vs Value Engineering
- Life Cycle Costing vs Whole Life Costing