PROJECT FINANCE

SHE Level 3
SCQF Credit Points 10.00
ECTS Credit Points 5.00
Module Code M3N321877
Module Leader David Manase
School School of Computing, Engineering and Built Environment
Subject Construction and Surveying
Trimesters
  • A (September start)
  • B (January start)

Summary of Content

An introduction to financial management in the construction sector with particular attention to cash flow and investment decisions.

Syllabus

Introduction to the theory and practice of project finance ? Financial Assessment ? Financial Instruments / Transaction Costs ? Financial Evaluation and Investment Appraisal ? Capital and Sources of Capital ? Cash Flow Management ? Tenders and Bidding ? Contractual and Legal Aspects of Project Finance

Learning Outcomes

On successful completion of this module the student should:be able to understand the financial issues affecting the survival of construction organisation;be able to carry out financial assessment and discounted cash flow computations;be able to read and interpret company accounts and balance sheet;have an understanding of how construction projects are financed from the employer¡¦s perspective;have knowledge of cash flow management and investment appraisal

Teaching / Learning Strategy

The basic material will be delivered by flexible learning material including lecture notes, case studies and worked examples. Keynote lectures, example classes and seminars will back this up. Some seminar material will be delivered via the web.

Indicative Reading

The AQUA group guide to procurement, tendering and contract administration, Wiley Blackwell, (2015) ? Construction Cost Management, Potts and Ankrah, 2 nd Edition Taylor & Francis (2013) ? Cost Planning of Buildings,7th Edition, Douglas J Ferry, Peter S Brandon and Jonathan D Ferry, Wiley - Blackwell, (1999) ? Project Finance for Construction & Infrastructure, Frederik Pretorius, Paul Lejot, Authur Mclnnis, Douglus Arner and Berry Fong-Chung Hsu, Blackwell, (2008) ? Project Finance in Theory and Practice, Stefano Gatti, 2 nd Edition Elsevier (2012)

Transferrable Skills

Self-marketing marketing/presentation skills (D9) Group working (D12) IT Skills (including GCU Certificate in Basic ICT Competency) (D13) Communication skills, written, oral and listening (D14)

Module Structure

Activity Total Hours
Assessment (FT) 12.00
Practicals (FT) 12.00
Lectures (FT) 12.00
Seminars (FT) 12.00
Independent Learning (FT) 52.00

Assessment Methods

Component Duration Weighting Threshold Description
Coursework 1 n/a 50.00 35% Company Management Group Project
Coursework 2 n/a 50.00 35% Class Test on Financial Management