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CZECH TECHNICAL UNIVERSITY IN PRAGUE
STUDY PLANS
2020/2021

Budget and Project Economic Assessment

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Code Completion Credits Range Language
2383062 Z 2 1P+2C Czech
Lecturer:
Miroslav Žilka
Tutor:
Miroslav Žilka
Supervisor:
Department of Management and Economics
Synopsis:

The goal of the course is to improve the knowledge gained within the basic bachelor's degree course Management and Economics of the Enterprise. The course focuses primarily on deepening of basic knowledge and skills in the creation and evaluation of the operational budget, proper preparation and evaluation of costing model for manufactured products and the economic evaluation of an investment project, as it corresponds to contemporary knowledge and the development of management methods and techniques. Students specify a simple fictional industrial or engineering company or its sub-section (preferably inspired by their practical experience, internships or training program in real company). The first student's task is to prepare a detailed plan and budget of a project (e.g. new product development, product or process innovation, etc.) focused on improvement of profitability, competitiveness or effectiveness of the company. The second task is cost calculation for chosen calculation unit. Last task within this course is the evaluation of economical effectiveness of the project described within the first task. The dynamic methods like Net Present Value (NPV), Internal Rate of Return (IRR) or Discounted Payback Period (DPP) are used for this evaluation. The quality of realization and presentation of the task's outputs together with the results of the test decides on granting / denial of credit.

Requirements:
Syllabus of lectures:
Syllabus of tutorials:
Study Objective:

The goal of the course is to improve the knowledge gained within the basic bachelor's degree course Management and Economics of the Enterprise. The course focuses primarily on deepening of basic knowledge and skills in the creation and evaluation of the operational budget, proper preparation and evaluation of costing model for manufactured products and the economic evaluation of an investment project, as it corresponds to contemporary knowledge and the development of management methods and techniques. Students specify a simple fictional industrial or engineering company or its sub-section (preferably inspired by their practical experience, internships or training program in real company). The first student's task is to prepare a detailed plan and budget of a project (e.g. new product development, product or process innovation, etc.) focused on improvement of profitability, competitiveness or effectiveness of the company. The second task is cost calculation for chosen calculation unit. Last task within this course is the evaluation of economical effectiveness of the project described within the first task. The dynamic methods like Net Present Value (NPV), Internal Rate of Return (IRR) or Discounted Payback Period (DPP) are used for this evaluation. The quality of realization and presentation of the task's outputs together with the results of the test decides on granting / denial of credit.

Study materials:
Note:
Time-table for winter semester 2020/2021:
Time-table is not available yet
Time-table for summer semester 2020/2021:
Time-table is not available yet
The course is a part of the following study plans:
Data valid to 2020-09-25
For updated information see http://bilakniha.cvut.cz/en/predmet1844906.html