Lectures

1. Project goals, development, construction projects according to the type of investor
2. Construction project and its specifics, project phases
3. Construction project stakeholders, organizational structure, roles and responsibilities
4. Investments and investment decision-making, project cash flows, business case
5. Investment costs, project operating revenues and project operating costs
6. Project decomposition, project time planning
7. Basic production factors - material, machinery, labour
8. Corporate finance and accounting, revenues, costs and profit creation
9. Price calculation and construction budget
10. Financial management of a construction project, controlling
11. Marketing of a construction project from the perspective of the investor and supplier
12. Behavioural competencies - management styles
13. Behavioural competencies - team and teamwork

Practices:

1. Introduction to the issue, teaching program, instructions and guidelines.
2. Project goals and phases
3. Stakeholder analysis
4. Investments, business case
5. Investments, costs and revenues of the project
6. Decomposition of the project into WBS and schedule
7. Basic production factors - material, machines, labour force
8. Corporate finance and accounting
9. Price calculations and construction budgets
10. Financial management, controlling
11. Marketing
12. Behavioural competencies
13. Credit test, credit

Learning outcomes

• Knowledge

The student can characterize construction projects, explain related economic and managerial aspects at a basic level.

The student is familiar with the areas of costs, revenues, prices, financial management and behavioural competencies.

• Skills

The student can analyse a project from the perspective of its project phases and stakeholders, interpret basic aspects of investment decision-making and perform project decomposition.

The student is able to apply basic principles of financial management and price calculations.

• Competences

The student is able to include basic economic and managerial considerations in the preparation and implementation of construction projects, to apply selected basic methods and principles of project management, including the issue of teamwork.