Build. Econ.+Management

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Department of Construction Engineering II

Synopsis:

Decision-making in building projects consists of both economic and non-economic criteria for design and its implementation, e.g. income-expenditures or cost-benefit analysis. Both general mathematical formulas, algorithms and the lecturer´s expertise and skills will develop the student´s knowledge of how to identify optimal strategies and to predict the outcome of strategic interactions within the project life cycle. Seminars are devoted to practical problems in the form of a case study „Create your own business in CZ by buying and refurbishing existing premises“ (prefeasibility study) with emphasis on the construction work cost and architect´s design team costing and pricing. Thus following crucial information is inevitable: total initial project costs, operating/manufacturing project costs in use, project life-time schedule, financing, externalities (EIA, IPPC) and CZ business environment assessment (PEST analysis) and construction work estimating (the bill of quantities, elemental cost analysis. The aim of the course: to furnish students/participants with adequate tools and techniques for competent assessment and strategic decision about capital investment projects under competitive and co-operative post-modern conditions.

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No time-table has been prepared for this course

The course is a part of the following study plans: