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Site EconomicsLaajuus (4 cr)

Code: 5R00GQ99

Credits

4 op

Objectives

The course orients the students to planning and controlling methods of project economics, calculation and reporting methods.

Content

The course covers target setting, table of payment (instalment), comparison calculations, follow-up of cost control, actual cost accounting, posting, calculation of salaries and computer applications.

Assessment criteria, satisfactory (1-2)

The student has knowledge of the key tasks of the financial management of construction sites. He knows the content and purpose of economic tasks and the basic principles (e.g. installment plan) and is able to draw up plans.

Assessment criteria, good (3-4)

The student knows the principles of financial management of construction production and knows how to draw up related plans (payment installment table, additional & change job offer, etc.).
The student is able to compare different implementation options from the point of view of both economy and productivity and choose the most suitable one for production.

Assessment criteria, excellent (5)

In addition to the previous ones, the student has a comprehensive understanding of the methods and tasks of managing and monitoring the finances of the construction site.
He/ she knows how to put the times of the tasks roughly into the site schedule and has the skills to manage the financial management tasks.