Economics and Management 30

Lecturer:

Tutor:

Supervisor:

Department of Construction Management and Economics

Synopsis:

EC30 - Management of Construction Firms.

Strategic corporate mananagement, organizational strategy,

business management, company operations handbook, corporate

financing,financial analysis and perfomance benchmarking,

management accounting and internal market,capital investment,

controlling, auditing, valuation of firms, crisis

management,litigation and claiming, HRM.

Requirements:

Syllabus of lectures:

1. Theory of construction firm and contemporary trends

2. Strategic management of construction firms

3. Business ownership - selection of the proper type of business organization

4. Principles of company organization, audit of system

5. Company operations manual and procedures, usage of checklist in management,part1

6. Company operations manual,controlling functions -part 2

7. Foundations of company financing, financial statements and revenue recognition

8. Basic differences between the industrial and construction firm, financial analysis

9. Perfomance benchmarking a management accounting , role of internal market

10. Case studies -Hochtief ´s total project leadership, Skanska ´s new ways of working, Bovis- ICT as a driver,Bechtel´s Knowledge company,Best practice programme- rethinking worldwide,Competing in The Information Age

11. Crises management in construction company

12. Capital investment in construction firm - principles of planning based on return criteria

13. Contract claims and dispute resolution

14. Human resources management

Syllabus of tutorials:

Study Objective:

Study materials:

1. Callan,J.,Rice , H.:Construction Accounting Deskbook 2000, Harcourt ,2000

2. Harris,F.,McCaffer,R.: Modern Construction Management, Blackwell Science, 2001

Note:

Further information:

No time-table has been prepared for this course

The course is a part of the following study plans: