Course Details

Financing of Construction Order

BV010 course is part of 3 study plans

Bc. full-t. program nB > S compulsory Winter Semester 4th year 4 credits

Bc. combi. program nBK > S compulsory Winter Semester 4th year 4 credits

Bc. full-t. program nBA > S compulsory Winter Semester 4th year 4 credits

Financial sources of the civil firm, own and foreign sources, short-term and long-term sources. Firm’s property, the management of particular parts of the property and the coverage of the property from various sources. Structural order and its determination. Budget. Monitoring of the costs connected with the order, the running of the structural order from the technological and financial aspect. Financial sources for the order assurance. Financial plan of the order. The cash flow of the company and the cash flow of the order. Comparison of planned and real state of the structural order from the financial aspect. Evaluation of the differences.

Course Guarantor

Ing. Eva Vítková, Ph.D.


Institute of Structural Economics and Management

Learning outcomes

Students will learn about the structure of assets and sources of their financing in the construction company.
Students orientate in the sources of financing of construction orders.
Students will learn the basic rules of public procurement.
Students will learn the principles of financial management of construction orders.
Students get an overview of the approaches to the economic evaluation of construction orders.


Orientation in company financing and construction firm economy.


Finances in the construction company, principles of financial analysis, project management

Planned educational activities and teaching methods

The course is taught through lectures, practical classes and self-study assignments. Attendance at lectures is optional, but attendance at classes is compulsory.

Forms and criteria of assessment

For credit student must meet attendance and prepare and present a seminar work on a given topic.


To observe real costs of construction order. Ability to manage cash flows within construction order by suitable choice of financing method.

Specification of controlled instruction, the form of instruction, and the form of compensation of the absences

Vymezení kontrolované výuky a způsob jejího provádění stanoví každoročně aktualizovaná vyhláška garanta předmětu.


2 hours/week, 13 weeks, elective

Syllabus of lectures

1. Introduction into the problematic of the financing. Determination of categories “property and sources of coverage”. Structure of property and sources of coverage. Links between amount of property and sources for the property assurance.
2. Management of particular kinds of property in the connection with their source intensity.
3. Structural order, its determination. Assignment of the financial necessity of the order in the connection with the budget. General principles of the order costs monitoring, allocation of overhead costs to particular orders.
4.–5. Inner directions monitoring the issue of structural order financing. Evidence assurance.
6.–7. In-house and extraneous sources used for the financing of the structural order (the economic result of current and past period, advance payments, leasing, funding). Comparison of particular sources from the aspect of the economic convenience and their assurance.
8. Financial plan of the order.
9. Monitoring of the structural order process from the aspect of technological and financial intensity.
10. Cash-flow of the firm and the cash flow of the structural order – planned and real. Management of order cash-flows, various way of the billing of the structural works. Sub-supplies from the financial aspect.
11.–12. Comparison of planned and real state of the structural order from the financial aspect.
13. Evaluation of the structural order. Enumerating and reasoning of differences between financial plan of the order and the reality. Responsibility for the differences. Motivation at the orders management.


1 hours/week, 13 weeks, compulsory

Syllabus of practice

1. Introduction, presentation of the main topics.
2. Calculation of unit price of construction work.
3. Budget of the building.
4. Financial security acquisition of fixed assets.
5. Entering individual essay.
6. Time schedule.
7. Financial Plan - expected.
8. Financial Plan - reality.
9. Calculation of cost savings.
10. Analysis of payments - variant 1.
11. Analysis of payments - variant 2.
12. Presentation of seminar works.
13. Credit.