Economics

Decision-making in building projects consists of both economic and non-economic criteria for design and its implementation, e.g. income - expenditures or cost - benefit analysis. Both general mathematical formulas, algorithms and the lecturer´s expertise and skills will develop the student´s knowledge of how to identify optimal strategies and to predict the outcome of strategic interactions within the project life cycle. Seminars are devoted to practical problems in the form of an individual student´s Project "Create your own business in CZ by buying and refurbishing existing premises" (prefeasibility study) with emphasis on the construction work cost and architect´s design team costing and pricing. Thus following crucial information is inevitable: total initial project costs, operating/manufacturing project costs in use, project life-time schedule, financing, externalities (EIA, IPPC), CZ business environment assessment (PEST analysis), contracting, and construction-work-estimating (the bill of quantities, elemental cost analysis). The aim of the course: to furnish students/ participants with adequate tools and techniques for competent assessment and strategic decision about capital investment projects under competitive (red ocean) and sophisticated (growing entropy) post-modern conditions. Pre-requisity: 1. familiar with the golden rule (of three) = linear equations 2. basic geometry (surface, space, volume…) 3. basic knowledge of constr. materials, works and elements 4. horse sense (Descartes: bon sens, buen sentido, r Hausverstand)

Kód: 500ECON
Semestr: 8
Program: Master Degree
Rozsah: 2+1
Kredit: 3
Hodnocení: A+E
Jazyk: Anglicky

Přednášky

Rozvrh hodin LS 2019/2020 PDF 207 kB

 


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