1997 QUT Handbook

■ CNB603 BUILDING MANAGEMENT 5
The construction labor market, supply and demand, awards,
conditions and earnings differentials; role of the construction
trade unions and negotiations between employer and unions;
construction conciliation and arbitration systems; strikes and
lockouts; workers compensation acts and regulations, etc.
Courses: CN31, CN33
Credit Points: 4 Contact Hours: 2 per week
■ CNB606 PM8 LAND DEVELOPMENT STUDIES
The structure, operation and control of the land development
industry including the politico-economic framework; land use
plans and approval mechanisms of subdivisible land; financial
aspect of development projects, trends and prospects in
the housing development industry.
Courses: CN31 Prerequisites: CNB623
Credit Points: 4 Contact Hours: 2 per week
■ CNB623 PM6 BUILDING DEVELOPMENT
TECHNIQUES 1
Feasibility, market and location surveys; cost analysis; evaluation
techniques, conventional and discounting; cash flows
and sensitivity analysis; authorities, development restrictions,
services; profitability, commercial assessment, land values,
options; purchase, terms, legal documentation, consolidation,
surveys; commissioning design team, building use, facilities,
quality, staging; instruct consultants, analyse alternatives, value
engineering, marketability, income and outgoings; cost and
time control from sketch design to completion; tender procedures
and negotiations, contract documentation; leasing, brochures,
publicity, letting agents, targets; authorisation of payments,
monthly reports, coordination meetings; financing
projects and cash flow.
Courses: CN31, CN33
Prerequisites: CNB301, CNB343, CNB401, CNB502,
CNB540, CNB545, CNB550
Credit Points: 4 Contact Hours: 2 per week
■ CNB624 PM7 BUILDING DEVELOPMENT
TECHNIQUES 2
See CNB623.
Courses: CN31, CN33 Prerequisites: CNB623
Credit Points: 4 Contact Hours: 2 per week
■ CNB642 APPLIED COMPUTER TECHNIQUES
Evaluation of a range of commercial computer programs designed
for the construction industry.
Courses: CN31 Prerequisites: CNB548, CNB550
Credit Points: 6 Contact Hours: 3 per week
■ CNB643 LAW 5 COMMERCIAL LAW
The law as it affects the construction industry; sale of goods,
hire purchase; negotiable instruments; insurance law; partnership
law and general principles of company law; bankruptcy
and liquidation.
Courses: CN31, CN33 Prerequisites: CNB404, CNB502
Credit Points: 3 Contact Hours: 1.5 per week
■ CNB647 COST PLANNING & COST CONTROL 1
The significance of construction economics for the client, the
professions, the industry and society; historical development,
need for and main aims of cost control; comparing cost planning
and approximate estimating; cost implication of design
variable, shape, size, perimeter, storey height; cost implications
of construction methods of site and market conditions, or prefabrication
and industrialisation; types of approximate estimates;
cost analyses, indices and data; cost in use, maintenance and
running costs, the life of buildings and components; taxation
and insurance.
Courses: CN33
Prerequisites: CNB005, CNB006, CNB009, CNB010,
CNB446, CNB461, CNB462, CNB524, CNB540
Credit Points: 4 Contact Hours: 2 per week
■ CNB648 COST PLANNING & COST CONTROL 2
Continuation of CNB647.
Courses: CN33 Prerequisites: CNB647
Corequisites: CNB452
Credit Points: 4 Contact Hours: 2 per week
652
■ CNB653 POST-CONTRACT SERVICES 2
Continuation of CNB526.
Courses: CN33 Prerequisites: CNB526
Credit Points: 5 Contact Hours: 2.5 per week
■ CNB656 BUILDING RESEARCH
History of building research; definition of research; Australian
and international building research organisations; nature
of the building industry and implications for research; financing
research; future developments in building research; research
management; research process; development and presentation
of a bibliographic report.
Courses: CN31, CN33 Prerequisites: Final year
Credit Points: 18 Contact Hours: 4.5 per week
■ CNB661 RESEARCH DISSERTATION 1
Develop an ability to disseminate and evaluate information
and specialised knowledge and acquire an understanding of
research methodology. Encompasses the definition, history,
financing, future prospects and management of research. Students
select a research subject, test its workability, develop
procedures, prepare an outline for the study, draft the preliminary
section and, after a series of critiques, present a bibliographic
report, prepare a case study or project based upon an
unusual or complex process within a relevant academic or
professional area, prepare a report and give an oral presentation.
Courses: CN32 Prerequisites: Final year subject
Credit Points: 8 Contact Hours: 3 per week
■ CNB662 RESEARCH DISSERTATION 2
See CNB661.
Courses: CN32 Prerequisites: CNB661
Credit Points: 12 Contact Hours: 3 per week
■ CNB700 PRINCIPLES OF VALUATION
This unit is structured to assist students’ learning across the
three component areas of the market, the profession and methods
of valuation. This will be achieved through coverage of
topics which include: character of the property market value
and market value; legal interests in property; property types;
the valuation process; data collection, analysis and synthesis;
factors influencing value, report writing, professional practice,
valuation methods, identification of land.
Courses: CN32
Credit Points: 8 Contact Hours: 3 per week
■ CNB701 REAL ESTATE ACCOUNTING
Financial accounting: period versus project income determination,
inventory valuation and costs of goods sold, introduction
of asset valuation theories, depreciation, intangible asset
determination, effects of taxation. Analysis and interpretation
of financial statements: multiple factors in interpretation,
analysis principles for business brokerage. Asset valuation:
conventional bases for valuation, current cost, replacement
cost general price level changes, effects in depreciation and
taxation. Business structures: sole trader, partnerships, companies
and appropriate accounting procedures. Business analysis
and assessment of value for business brokerage. Project
accounting, contracts, part-payments, interim project determination,
development costs.
Courses: CN32, PS47, PS48
Credit Points: 8 Contact Hours: 2 per week
■ CNB702 INVESTMENT VALUATION
Valuation formula, time / value concepts, investment approaches:
basic capitalisation, disconnected cash flow analysis
techniques. Valuation of varying incomes: terminating incomes
and of interests less than freehold. Assumptions. Practical
applications of investment approach to a range of real
property interests.
Courses: CN32 Prerequisites: CNB700
Credit Points: 12 Contact Hours: 4 per week
■ CNB703 LAW 1
Legal principles and process, the legal system and process;
sources and divisions of law; rules of precedence; interpretation
of statutes and regulations; legal practice and procedure;