Course detail

Economy of Construction Industry

FAST-NVA030Acad. year: 2022/2023

Position of industry of building materials in national economy. Organisation of building materials production. Basic characteristic of industrial firm. Foundation, lifetime and closure of industrial firm. Property and sources of property coverage. Inventory management and financing. Costing and price setting in building materials production. Management of operational and investment costs and returns. Standardization and remuneration. Accounting and taxation. Principles of marketing. Controlling and quality management.

Language of instruction

Czech

Number of ECTS credits

5

Mode of study

Not applicable.

Guarantor

Ing. Radek Dohnal, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Knowledge about organization and economy of industry production.

Prerequisites

Knowledge of particular basic disciplines of business economy. Ability to orient in business economy.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Not applicable.

Course curriculum

1. Construction company and production in the construction company
2. Normalization of work and performance; Normalization and remuneration in the construction industry
3. Managing Material and Supplies Costs.
4. Managing labor costs.
5. Cost control of machines and production equipment.
6. Valuation of production, prices in the construction industry.
7. Investments.
8. Corporate Finance.
9. Taxes, accounting and operational records.
10. Marketing.
11. Business organization systems, types of business association.
12. Benchmarking, management of production costs with respect to the competitiveness of the company.
13. Planning circuits and plan control systems, documentation of changes.

Work placements

Not applicable.

Aims

To get ability to orient in organization and economy of industry production. To come in useful in production profitability management and price setting.

Specification of controlled education, way of implementation and compensation for absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Ceny ve stavebnictví: Studijní opora [online]. 1. VUT FAST, 2007 [cit. 2022-10-31].
OLERÍNY, Milan. Řízení stavebních projektů: ceny a smlouvy v zahraniční praxi. V Praze: C.H. Beck, 2002. C.H. Beck pro praxi. ISBN 9788071796657.
Stavební podnik: Studijní opora [online]. 1. VUT FAST, 2008 [cit. 2022-10-31].
The Costs of Building a House. Centaur Media, 2014. (EN)

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme NPC-SIM Master's 1 year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

Ing. Radek Dohnal, Ph.D.

Syllabus

1. Construction company and production in the construction company

2. Normalization of work and performance; Normalization and remuneration in the construction industry

3. Managing Material and Supplies Costs.

4. Managing labor costs.

5. Cost control of machines and production equipment.

6. Valuation of production, prices in the construction industry.

7. Investments.

8. Corporate Finance.

9. Taxes, accounting and operational records.

10. Marketing.

11. Business organization systems, types of business association.

12. Benchmarking, management of production costs with respect to the competitiveness of the company.

13. Planning circuits and plan control systems, documentation of changes.

Exercise

26 hod., compulsory

Teacher / Lecturer

Ing. Radek Dohnal, Ph.D.

Syllabus

1. Assignment of semestral work.

2. Marketing Analysis.

3. Costs of materials.

4. Costs of wages.

5. Transport costs.

6. Calculation of the price of construction work.

7. Aggregate budget of buildings

8. Investment evaluation.

9. Price sensitivity analysis.

10. Calculation of break-even point.

11. The overall evaluation of the investment.

12. Presentation of work.

13. Handing in and final control.