Course Details
Economic Tools for Building Production Management
Academic Year 2022/23
CV014 course is part of 3 study plans
N-P-C-SI (N) Winter Semester 1st year
N-K-C-SI (N) Winter Semester 1st year
N-P-E-SI (N) Winter Semester 1st year
The company needs economic tools for the management of the relation between production costs and sale prices to achieve the production profit. The basic tool is the quality organization of the production. The combination of productive factors regarding their costs on the one side and assurance of the sale on the second side is the supposition of the production efficiency. Determinative is the choice of production activities of the construction company salable on the construction market and bringing the profit. The important economic tool there are prices that must cover costs and to ensure the profit.
Course Guarantor
Institute
Objective
Cross-sectional subject, whose objective it is to introduce to students selected economic tools for the building production management.
Knowledge
Ability to orient in economy of building production and in valuation with respect to conditions on building market.
Syllabus
1. Business plan in construction sector
2. Construction company and production
3. Management of costs for material, stocks
4. Management of costs for the labor power
5. Management of costs for production machines and machinery
6. Valuation of production, prices in construction
7. Investments
8. Company’s finances
9. Taxes, accounting and operational evidence
10. Marketing
11. Systems of organization in the company, types of companies´ association
12. Benchmarking, management of costs for the production regarding the competitive ability of the company
13. Panning spheres and system of plans control, documentation of changes
Prerequisites
Knowledge of economics and principles of company’s economy
Language of instruction
Czech
Credits
4 credits
Semester
winter
Forms and criteria of assessment
course-unit credit and examination
Specification of controlled instruction, the form of instruction, and the form of compensation of the absences
Extent and forms are specified by guarantor’s regulation updated for every academic year.
Offered to foreign students
Not to offer
Course on BUT site
Lecture
13 weeks, 2 hours/week, elective
Syllabus
1. Business plan in construction sector
2. Construction company and production
3. Management of costs for material, stocks
4. Management of costs for the labor power
5. Management of costs for production machines and machinery
6. Valuation of production, prices in construction
7. Investments
8. Company’s finances
9. Taxes, accounting and operational evidence
10. Marketing
11. Systems of organization in the company, types of companies´ association
12. Benchmarking, management of costs for the production regarding the competitive ability of the company
13. Panning spheres and system of plans control, documentation of changes
Exercise
13 weeks, 2 hours/week, compulsory
Syllabus
1. Assignment of semestral work
2. Marketing Analysis
3. Costs of materials
4. Costs of wages
5. Transport costs
6-7. Calculation of the price of construction work
8. Investment evaluation
9. Price sensitivity analysis
10. Calculation of break-even point
11. The overall evaluation of the investment
12. Presentation of work
13. Handing in and final control