CONSTRUCTION AND PROJECT COMMERCIAL MANAGEMENT

SHE Level 4
SCQF Credit Points 20.00
ECTS Credit Points 10.00
Module Code MHK220957
Module Leader Tony Coleman
School School of Computing, Engineering and Built Environment
Subject Construction and Surveying
Trimester
  • B (January start)

Pre-Requisite Knowledge

Preferably: Construction Process Management 1 M2N220730 and Construction Process Management 2 M3K202955 , Construction Cost Studies M2K220761 , Project Finance M3N320976 , Construction and Development Economics M2K203056 , Intermediate Cost Studies M3K203058 .

Summary of Content

Company Finance and Funding Forecasting and Budgeting Mergers/Acquisitions and Insolvency Bidding Strategy Development Appraisal Non-traditional/"novel" Procurement Supply Chain Management Financial Reporting/Forecasting for Projects

Syllabus

Construction market conditions and effects of Government Development and review of company bidding strategy Financial management at Company and Project levels/budgeting/variance analysis Sources of finance and funding Recent and current trends in Procurement and contract types in Public and Private Sectors Development appraisal Supply Chain Management Commercial management of Construction Projects Company internal reviews and strategic change Post-contract project financial management Introduction to Claims/Dispute Resolution in given situations

Learning Outcomes

On successful completion of this module, student should be able to:1. Recognize the importance of financial forecasting and control2. Apply budget/forecasting techniques3. Understand the importance of establishing a current bidding strategy4. Appreciate the different forms of procurement, in both public and private sector5. Apply theory of Risk Management to a given project6. Interpret the common forms of company accounts7. Appreciate the implications of insolvency and re-structuring8. Apply development appraisal techniques9. Understand the principles, techniques and approaches in Supply Chain Management10. Understand and apply procedures for Project cost reporting and control

Teaching / Learning Strategy

A blended approach, consisting of lectures (with visiting specialist speakers), supported by tutorials and directed learning.

Indicative Reading

McCabe, Steven - Corporate Strategy in Construction - Wiley-Blackwell (2010) Harris, F. & McCaffer, R. - Modern Construction Management (6 th Edition) - Blackwell (2006) Lowe, D. (Ed.) - Commercial Management of Projects-Defining the Discipline - Blackwell (2006) Peterson, S - Construction Accounting and Financial Management (2 nd Edition) - Blackwell (2008) Merna, T., Yang Chu & Faisal, F - Project Finance in Construction - Wiley Blackwell (2010) Cooke, R - Planning, Measurement and Control for Building - Wiley Blackwell (2009) Potts, K - Construction Cost Management - Taylor Francis (2008)

Transferrable Skills

Analytical, appraisal, interpretative and quantitative skills Verbal, visual and responsive presentation skills Group working Independent working

Module Structure

Activity Total Hours
Assessment (FT) 18.00
Independent Learning (FT) 134.00
Tutorials (FT) 12.00
Lectures (FT) 24.00
Seminars (FT) 12.00

Assessment Methods

Component Duration Weighting Threshold Description
Course Work 01 n/a 100.00 40% Continuous Assignment with given incidents