Course Details

Economic Tools for Building Production Management

Academic Year 2024/25

NVA026 course is part of 1 study plan

​ NPC-SIR 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.

Credits

4 credits

Language of instruction

Czech

Semester

winter

Course Guarantor

Ing. et Ing. Martin Tuscher, Ph.D.

Institute

Institute of Structural Economics and Management

Forms and criteria of assessment

course-unit credit and examination

Entry Knowledge

Knowledge of economics and principles of company’s economy

Aims

Cross-sectional subject, whose objective it is to introduce to students selected economic tools for the building production management.


Ability to orient in economy of building production and in valuation with respect to conditions on building market.

Basic Literature

MARKOVÁ Leonora, Stavební podnik. Studijní opora. Brno, FAST VUT.  2008.
SCHNEIDEROVÁ HERALOVÁ, R, VITÁSEK, S., BROŽOVÁ, L., STŘELCOVÁ, I. Oceňování staveb. ČVUT 2020. ISBN 978-80-01-067-48-2
BROOK, M. Estimating and Tendering for Construction Work, Routledge, 2017, 5th edition ISBN 978-1-138-68716-5

Offered to foreign students

Not to offer

Course on BUT site

https://www.vut.cz/en/students/courses/detail/281753

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. Calculation of the price of construction work.
  • 7. Aggregate budget of buildings
  • 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.