SHE level M SCQF credit points 15 ECTS credit points 7.5 Module code MMN326178 Module Leader John Lowe School School of Computing, Engineering and Built Environment Subject Construction and Surveying Trimester B (January start)
Summary of content This module operates an overall 50% pass rate. This module covers all aspects of the financial management of construction companies and projects with particular attention to capital investment decisions and cash flow management.
Module details Syllabus arrow_forward Capital investment: The nature of capital. Fixed capital and working capital. Sources and costs of capital for construction projects. Investment appraisal: The developers' budget. Construction costs: Site costs and overhead costs. Allocation of costs within and between contracts. Sources and reliability of cost data for use in managing construction costs. Accounts and ratios. Cost control of construction projects. Bidding strategy: Preparing a bid for contract work including allocation of overheads. Pricing strategies for speculative work. Cash flow management: Single project and multi-project cash flow. Management of cash flow for the client and the contractor. Insolvency in construction: The incidence of insolvency in the construction sector. Factors that cause insolvency.
Learning outcomes arrow_forward On successful completion of this module students should be able to: 1. Demonstrate a critical understanding of construction financial management procedures. 2. Critically analyse the factors to be considered in the preparation of bids. 3. Understand and analyse cash flow schedules and financial statements. 4. Critically analyse the factors causing insolvency in the construction industry. A1, A2, A3, A4, A5, B1, B2, B3, B4, C1, C2, C3, C4, C5, C6, D2, D3, D4, D6, E1, E2, E4, E5
Teaching / learning strategy arrow_forward A web-based form of delivery will be used throughout the module. All students will use the web for all their teaching and learning materials. Full-time, part-time and distance learning students will be able to participate in seminars, which will facilitate discussion and allow them to meet visiting speakers and take part in site visits where appropriate. In addition the points will be illustrated by case studies of hypothetical companies and development projects.
Transferrable skills arrow_forward D2 ICT D3 Communication skills, written, oral and listening D4 Time management (organising and planning work) D6 Cognitive/intellectual skills E1 Independent working E2 Information retrieval skills E4 Group working E5 Critical thinking and problem solving
Module structure Activity Total hours Seminars 20.00 Independent Learning 100.00 Assessment 30.00
Assessment methods Component Duration Weighting Threshold Description Course Work001 70 45 CW1: Written Coursework (3,000 words) Course Work002 30 45 CW2: Online Discussion Board (1,000 words)