This course is the graduate equivalent of course 12-611. In addition to the requirements of 12-611, a 3-unit project is required. The 12-611 course content includes an introduction to construction project management from the owner's perspective in organizing planning, design, construction and operation as an integrated process. Examination of labor productivity, material management and equipment utilization. Cost estimation, economic evaluation and financing of constructed facilities. Contracting, construction planning and fundamental scheduling procedures. Cost control, monitoring and accounting for construction. The 3-unit project involves students working in groups for in depth exploration of a project management concept covered in class or for hands-on experience of a state-of-the art project management tool. The emphasis will be on applying the concept or the tool on a real-life construction project. 3 hrs. rec. Prerequisites: 36-211, or 36-220 or equivalent.