Basics of Building Economics (5 cr)

Objectives (course unit)

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 (course unit)

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

Assessment criteria, satisfactory (1-2) (course unit)

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) (course unit)

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) (course unit)

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

Exam schedules

Tentti suoritetaan viimeisellä kontaktiopetuskerralla. Uusintojen järjestämisessä käytetään tapauskohtaista harkintaa.

Assessment methods and criteria

Kurssin pisteytys:
Teemat yhteensä 25p (väh. 4 teemaa hyväksytysti suoritettu)
Ryhmätehtävät max 2p/teema
Henkilökohtaiset tehtävät 3p/teema
Tentti 10p (läpipääsy 3p)
Yhteensä 35p (läpipääsy 16p

Assessment scale

0-5

Teaching methods

Kontaktiopetus ja videoilla, kirjallisilla materiaaleilla sekä ennakkotehtävillä tuettu itseopiskelu ja ryhmätyöt.

Learning materials

Rakennuttaminen (Junnonen & Kankainen, 2017 tai uudempi)
Moodleen kootut materiaalit

Student workload

Ennakkotehtävät ja ryhmätyöt 60 h
Livestream-opetus 15 h
Henkilökohtaiset tehtävät 60 h

Completion alternatives

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