Course Details

Construction Valuation

Academic Year 2023/24

NVB025 course is part of 3 study plans

​ NPC-SIS Summer Semester 1st year

​ NKC-SIS Summer Semester 1st year

​ NPA-SIS Summer Semester 1st year

Costs. Cost framework. Price information. Cost oriented price setting. Construction costs in Czech Republic. Participants in development. Work agreements. Negotiated prices. Costing aids. Construction costs. Overall cost estimate. Cost indicators of construction objects. Cost of construction object. Construction cost estimate. Data for cost estimate evaluation. Construction works costs. Costs of project preparation and engineering consultancy. Wage laws for engineers and other technical workers. History and evolution of costs in civil engineering in the Czech Republic. Basic knowledge of construction costing in other countries. Software for cost estimates. Prices of immovables.

Course Guarantor

Ing. Miloslav Výskala, Ph.D.

Institute

Institute of Structural Economics and Management

Objective

To get knowledge about pricing with respect to knowledge from area of cost calculation and price setting in construction development. To acquire skills by working with cost estimate data and with up-to-date software applications for cost estimation and costing in civil engineering, that are used in construction practice. Basic knowledge about pricing of immovables.

Knowledge

Knowledge about pricing with respect to knowledge from area of cost calculation and price setting in construction development.

Syllabus

1. Introduction. Price law. Price system. Price information.
2. Price of constructin. Complex budget of construction.
3. Price of building. Cost estimate of building.
4. Price of building. Systems for cost estimate in CR.
5. Price of building. Systems for cost estimating abroad.
6. Price of building work. Calculation formula. Comparative calculation.
7. Price of architects and engineers activities. Price of cost estimator activity.
8. Price of public order.
9. Price of property. Price law about propery valuation.
10. Price of property. Building. Land. Vegetation. Methods of valuation.
11. Price of property. Cost method of valuation.
13. Price of property. Yield method and comparative method of valuation.

Prerequisites

Knowledge of technology of constructions and works. Knowledge and skills of fundamentals of business economics, especially of areas of work, material, machines and equipment standartization, wages issues, coding and classification of construction production.

Language of instruction

Czech, English

Credits

3 credits

Semester

summer

Forms and criteria of assessment

graded 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

To offer to students of all faculties

Course on BUT site

https://www.vut.cz/en/students/courses/detail/271100

Lecture

13 weeks, 2 hours/week, elective

Syllabus

1. Introduction. Price law. Price system. Price information.

2. Price of constructin. Complex budget of construction.

3. Price of building. Cost estimate of building.

4. Price of building. Systems for cost estimate in CR.

5. Price of building. Systems for cost estimating abroad.

6. Price of building work. Calculation formula. Comparative calculation.

7. Price of architects and engineers activities. Price of cost estimator activity.

8. Price of public order.

9. Price of property. Price law about propery valuation.

10. Price of property. Building. Land. Vegetation. Methods of valuation.

11. Price of property. Cost method of valuation.

13. Price of property. Yield method and comparative method of valuation.

Exercise

13 weeks, 1 hours/week, compulsory

Syllabus

1.–2. Introduction. Literature. Classifications. The general construction budget.

3.–4. Cost estimate of the building – selected works of main construction works.

5.–6. Cost estimate of the building – selected works of subsidiary construction works.

7.–8. Cost estimate of the building – set up.

9.–10. Calculation of selected construction work.

11.–12. Valuation of property – a model example.

13. Credit test.