Module details for Financial Management of Construction Operations

Description

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.

Aims

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

Teaching and Learning Work Loads