Financial Management of Construction Operations


This module enables students to evaluate the direct and indirect costs of a building site, to prepare and analyse a financial strategy for construction operations and the skills to analyse and take corrective action against unsatisfactory financial performance thereby ensuring commercial competitiveness for an organisation.


The knowledge to manage the financial plans and strategy for a building site by integrating the various financial parameters and to deduce the corrective actions from them allowing an optimisation from the profits

Learning Outcomes

By the end of this module the student should be able to:

1.  *

2.  Control the direct and indirect costs of a building site

3.  Analyse the differences between the forecasts and reality in execution of a financial plan

4.  Define an analytical finance strategy including/understanding the corrective actions allowing an improvement of the profits for a building site

Indicative Content

1 Cost Control of Construction Projects:

Estimated analysis of the costs building site, preventive actions, impact of stocks, the fixed assets, the treasury building site, the cash-flow, the analysis of the variations, the SAV, the DGD, the finance strategy, the corrective actions

Statement on Teaching, Learning and Assessment

A strong emphasis is placed on application of theory to practice and use of work-based learning experience to deal with complex practical problems. An essential feature of the approach taken is enquiry-based learning requiring students to explore the breadth of literature to solve problems presented throughout the module and deepen their knowledge

Teaching and Learning Work Loads

Total 203
Lecture 27
Tutorial/Seminar 12
Supervised Practical Activity 0
Unsupervised Practical Activity 38
Assessment 70
Independent 56

Guidance notes

Credit Value – The total value of SCQF credits for the module. 20 credits are the equivalent of 10 ECTS credits. A full-time student should normally register for 60 SCQF credits per semester.


We make every effort to ensure that the information on our website is accurate but it is possible that some changes may occur prior to the academic year of entry. The modules listed in this catalogue are offered subject to availability during academic year 2019/10 , and may be subject to change for future years.