Study Guide

Objectives

After completing the course, the student is able to explain the progress of a construction project in the main phases, to classify the parties to the construction project and to explain their role during the various stages of the project. The student will be able to define different forms of construction project and identify general principles of contract practice in construction. The student knows the basic costing methods of construction and can calculate simple investment calculations. The student is able to identify entrepreneurship as one of the career paths and, if necessary, can search for additional information and help in starting his / her own business. The student is able to identify research problems and questions related to the field of construction production and economics and to find a solution using the methods of knowledge construction and innovation as well as the research approach.

Content

Flow of the construction project, parties, forms and contract technology
Fundamentals of construction economy, basic methods of cost and investment calculations
Entrepreneurship and innovation in the construction sector.
Different construction models of civil engineering and their contract law. Public acquisitions, organising a competitive bidding and organising the payments for a piece-work.

Assessment criteria, satisfactory (1-2)

The student knows one method of investment calculation and understands the basic concepts of construction economics and is able to use it.
The student identifies the main phases and main parties of a construction project and identifies the basic implementation forms.

Assessment criteria, good (3-4)

The student knows all methods of investment calculation
-the student can find out the economic situation of construction with the help of various information sources
- the student can use the basic concepts of construction economics in working life
- the student identifies the parties to the building project and knows the stages of the building project and their rough content
- the student is familiar with the implementation of construction

Assessment criteria, excellent (5)

The student can apply the methods of investment calculation to practical situations
-the student is able to visualize the economic situation in construction
- the student can use the basic concepts of construction economics in working life
- the student identifies the parties to the building project and knows the stages of the building project and their rough content
- the student is familiar with the implementation of construction