Course Details

Economy of Civil Engineering

Academic Year 2023/24

NVA035 course is part of 1 study plan

​ NPC-SIK Winter Semester 1st year

Introduction to problems of technical and economic disciplines (technical standardization, remuneration and costing), economic disciplines (prices, accounting, financing, taxation and investments), business and management disciplines (marketing, management and project management). Application of common knowledge in construction orders. Linkage to construction law and construction technical disciplines.

Course Guarantor

Ing. Radek Dohnal, Ph.D.

Institute

Institute of Structural Economics and Management

Objective

To get knowledge about technical-and-economic disciplines, economic disciplines and corresponding legal codes for using in construction practice and building orders realisations.

Knowledge

Knowledge about technical-and-economic disciplines, economic disciplines and corresponding legal codes for using in construction practice and building orders realisations.

Syllabus

1. Construction company and production in the construction company
2. Normalization of work and performance; Normalization and remuneration in the construction industry
3. Managing Material and Supplies Costs.
4. Managing labor costs.
5. Cost control of machines and production equipment.
6. Valuation of production, prices in the construction industry.
7. Investments.
8. Corporate Finance.
9. Taxes, accounting and operational records.
10. Marketing.
11. Business organization systems, types of business association.
12. Benchmarking, management of production costs with respect to the competitiveness of the company.
13. Planning circuits and plan control systems, documentation of changes.

Prerequisites

Ability to orient in construction firm economy.

Language of instruction

Czech

Credits

3 credits

Semester

winter

Forms and criteria of assessment

course-unit credit

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/271121

Lecture

13 weeks, 2 hours/week, elective

Syllabus

1. Construction company and production in the construction company

2. Normalization of work and performance; Normalization and remuneration in the construction industry

3. Managing Material and Supplies Costs.

4. Managing labor costs.

5. Cost control of machines and production equipment.

6. Valuation of production, prices in the construction industry.

7. Investments.

8. Corporate Finance.

9. Taxes, accounting and operational records.

10. Marketing.

11. Business organization systems, types of business association.

12. Benchmarking, management of production costs with respect to the competitiveness of the company.

13. Planning circuits and plan control systems, documentation of changes.

Exercise

13 weeks, 1 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.