Course Details

Economic Tools for Building Production Management

Academic Year 2022/23

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.

Course Guarantor

Ing. Miloslav Výskala, Ph.D.

Institute

Institute of Structural Economics and Management

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

https://www.vut.cz/en/students/courses/detail/253961

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.