Course detail

Economic Tools for Building Production Management

FAST-NVA026Acad. year: 2022/2023

The company needs economic tools for the management of the relation between production costs and sale prices to achieve the production profit. The basic tool is the quality organization of the production. The combination of productive factors regarding their costs on the one side and assurance of the sale on the second side is the supposition of the production efficiency. Determinative is the choice of production activities of the construction company salable on the construction market and bringing the profit. The important economic tool there are prices that must cover costs and to ensure the profit.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Guarantor

Ing. Miloslav Výskala, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Ability to orient in economy of building production and in valuation with respect to conditions on building market.

Prerequisites

Knowledge of economics and principles of company’s economy

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

The subject ends with a credit (exercise) after successful submission of partial assignments and a written exam.

Course curriculum

1. Business plan in construction sector.
2. Construction company and production.
3. Management of costs for material, stocks.
4. Management of costs for the labor power.
5. Management of costs for production machines and machinery.
6. Valuation of production, prices in construction.
7. Investments.
8. Company’s finances.
9. Taxes, accounting and operational evidence.
10. Marketing.
11. Systems of organization in the company, types of companies´ association.
12. Benchmarking, management of costs for the production regarding the competitive ability of the company.
13. Panning spheres and system of plans control, documentation of changes.

Work placements

Not applicable.

Aims

Cross-sectional subject, whose objective it is to introduce to students selected economic tools for the building production management.

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

MARKOVÁ Leonora, Stavební podnik. Studijní opora. Brno, FAST VUT.  2008.
BROOK, M. Estimating and Tendering for Construction Work, Routledge, 2017, 5th edition ISBN 978-1-138-68716-5
SCHNEIDEROVÁ HERALOVÁ, R, VITÁSEK, S., BROŽOVÁ, L., STŘELCOVÁ, I. Oceňování staveb. ČVUT 2020. ISBN 978-80-01-067-48-2

Recommended reading

Not applicable.

Classification of course in study plans

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

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

Ing. Miloslav Výskala, Ph.D.

Syllabus

1. Business plan in construction sector.

2. Construction company and production.

3. Management of costs for material, stocks.

4. Management of costs for the labor power.

5. Management of costs for production machines and machinery.

6. Valuation of production, prices in construction.

7. Investments.

8. Company’s finances.

9. Taxes, accounting and operational evidence.

10. Marketing.

11. Systems of organization in the company, types of companies´ association.

12. Benchmarking, management of costs for the production regarding the competitive ability of the company.

13. Panning spheres and system of plans control, documentation of changes.

Exercise

26 hod., compulsory

Teacher / Lecturer

Ing. Miloslav Výskala, Ph.D.
Ing. Patrik Sokol

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.