CONSTRUCTION AND PROJECT COMMERCIAL MANAGEMENT

SHE Level 4
SCQF Credit Points 20.00
ECTS Credit Points 10.00
Module Code MHK225156
Module Leader Tony Coleman
School School of Computing, Engineering and Built Environment
Subject Construction and Surveying
Trimester
  • B (January start)

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 The percentage of Work Based Learning for this module, as represented by the Independent Learning "Activity Type" , is 79%. There is no Work Based Assessment, but reflective learning is encouraged.

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, the apprentice should be able to:1. Demonstrate professional insights and interpretation of the importance of financial forecasting and control2. Apply budget/forecasting techniques3. Show extensive detailed knowledge of the importance of establishing a current bidding strategy4. Critically review 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. Critically review the implications of insolvency and re-structuring8. Apply development appraisal techniques9. Show extensive detailed knowledge of the principles, techniques and approaches in Supply Chain Management10. Show critical understanding in applying procedures for Project cost reporting and control[A2-A7, B1-B5, B7 SDS GA: 2.2 - 2.4,3.2 - 3.6,4.1,4.2,4.4,4.5]

Teaching / Learning Strategy

The primary purpose of this module is to provide the student with the time and space to develop an understanding of the context and principles of construction & project management. This subject will be delivered by a student led "flipped classroom "core information, and supporting overhead materials will be made available for each lecture electronically in GCU Learn. Seminars/tutorials will concentrate on applying core information in lectures to problem questions given in advance. Students are referred to supporting reading materials to deepen their knowledge and understanding of lecture and seminar topics. Concepts delivered in the 'Flipped Classroom' mode will require students to view lecture material online and complete formative exercises prior to engaging and completing an on-campus seminar with academic support leading the discussions to explore the relevance of the content and specific to their workplace.

Indicative Reading

McCabe, Steven (2010) Corporate Strategy in Construction, Wiley-Blackwell Harris, F. & McCaffer, R. (2013) Modern Construction Management (7 th Ed) Blackwell Lowe, D. (Ed.) (2006) Commercial Management of Projects-Defining the Discipline, Blackwell Peterson, S. (2011) Construction Accounting and Financial Management (3rd Ed) Blackwell Merna, T., Yang Chu & Faisal, F. (2010) Project Finance in Construction Wiley Blackwell Cooke, R. (2009) Planning, Measurement and Control for Building, Wiley Blackwell Potts, K. (2014) 2nd ed Construction Cost Management, Taylor Francis

Transferrable Skills

Analytical, appraisal, interpretative and quantitative skills Verbal, visual and responsive presentation skills Group working Independent working [C1, C2, C3, C4, C5, D1, D2, D4-D6, E1, E5-E7 SDS GA: 5.1 - 5.3]

Module Structure

Activity Total Hours
Independent Learning (FT) 158.00
Assessment (FT) 18.00
Seminars (FT) 24.00

Assessment Methods

Component Duration Weighting Threshold Description
Coursework 1 n/a 100.00 35% Continuous Assignment with given incidents