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HOME /COURSES > IRES2320 - Building Costing and Life Analysis

IRES2320 - Building Costing and Life Analysis

This course is for reserve fund planners, property managers and owners, and building consultants. It covers the basics of component costing and life cycle analysis for apartment buildings. The intent of this course is to provide the student with concepts of determining quantities and scopes of work for replacement costing and the life cycle of these components. Credit is awarded for this course upon successful completion of an online exam. 

Course Content

  • Developing costing for the various components previously developed utilizing all available tools and an understanding of replacement allowance versus contingency allowance
  • Understanding concepts of quality take-offs from drawings
  • Determining the life cycle of various components. Understanding the actual age versus the effective age of a component
  • Determining present value of the component

Key Issues Covered Are:

  • Structure (Foundations, Slabs and Walls)
  • Building Envelope (Perimeter)
  • Roofing
  • Interiors (Floors, Walls, Ceilings and Doors)
  • Elevators
  • Mechanical Systems (Plumbing, Heating, Ventilation & Air Conditioning)
  • Electrical Systems (Power and Lighting)
  • Fire and Life Safety (Fire Alarm, Fire Sprinklers, Emergency Generators)
  • Site Landscaping (Hard and Soft)
  • Methods of Measurement
  • Tips on Doing Quality Takeoffs and Estimating
  • Begin Developing the Benchmark Analysis
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