Course detail

Construction Valuation

FAST-NVB025Acad. year: 2022/2023

Costs. Cost framework. Price information. Cost oriented price setting. Construction costs in Czech Republic. Participants in development. Work agreements. Negotiated prices. Costing aids. Construction costs. Overall cost estimate. Cost indicators of construction objects. Cost of construction object. Construction cost estimate. Data for cost estimate evaluation. Construction works costs. Costs of project preparation and engineering consultancy. Wage laws for engineers and other technical workers. History and evolution of costs in civil engineering in the Czech Republic. Basic knowledge of construction costing in other countries. Software for cost estimates. Prices of immovables.

Language of instruction

Czech

Number of ECTS credits

3

Mode of study

Not applicable.

Guarantor

Ing. Miloslav Výskala, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Offered to foreign students

Of all faculties

Learning outcomes of the course unit

Knowledge about pricing with respect to knowledge from area of cost calculation and price setting in construction development.

Prerequisites

Knowledge of technology of constructions and works. Knowledge and skills of fundamentals of business economics, especially of areas of work, material, machines and equipment standartization, wages issues, coding and classification of construction production.

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. Introduction. Price law. Price system. Price information.
2. Price of constructin. Complex budget of construction.
3. Price of building. Cost estimate of building.
4. Price of building. Systems for cost estimate in CR.
5. Price of building. Systems for cost estimating abroad.
6. Price of building work. Calculation formula. Comparative calculation.
7. Price of architects and engineers activities. Price of cost estimator activity.
8. Price of public order.
9. Price of property. Price law about propery valuation.
10. Price of property. Building. Land. Vegetation. Methods of valuation.
11. Price of property. Cost method of valuation.
13. Price of property. Yield method and comparative method of valuation.

Work placements

Not applicable.

Aims

To get knowledge about pricing with respect to knowledge from area of cost calculation and price setting in construction development. To acquire skills by working with cost estimate data and with up-to-date software applications for cost estimation and costing in civil engineering, that are used in construction practice. Basic knowledge about pricing of immovables.

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

BROOK, M. Estimating and Tendering for Construction Work, Routledge, 2017, 5th edition ISBN 978-1-138-68716-5
MARKOVÁ Leonora, Ceny ve stavebnictví I. Studijní opora. Brno, FAST VUT. 2008.
MARKOVÁ Leonora, Ceny ve stavebnictví II. Studijní opora. Brno, FAST VUT. 2008.
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-SIS Master's 1 year of study, summer semester, compulsory-optional
  • Programme NPA-SIS Master's 1 year of study, summer semester, compulsory
  • Programme NPC-SIS Master's 1 year of study, summer semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

doc. Ing. Alena Tichá, Ph.D.
Ing. Petr Aigel, Ph.D.
Ing. Miloslav Výskala, Ph.D.

Syllabus

1. Introduction. Price law. Price system. Price information.

2. Price of constructin. Complex budget of construction.

3. Price of building. Cost estimate of building.

4. Price of building. Systems for cost estimate in CR.

5. Price of building. Systems for cost estimating abroad.

6. Price of building work. Calculation formula. Comparative calculation.

7. Price of architects and engineers activities. Price of cost estimator activity.

8. Price of public order.

9. Price of property. Price law about propery valuation.

10. Price of property. Building. Land. Vegetation. Methods of valuation.

11. Price of property. Cost method of valuation.

13. Price of property. Yield method and comparative method of valuation.

Exercise

13 hod., compulsory

Teacher / Lecturer

Ing. Petr Aigel, Ph.D.
Ing. et Ing. Martin Tuscher, Ph.D.

Syllabus

1.–2. Introduction. Literature. Classifications. The general construction budget.

3.–4. Cost estimate of the building – selected works of main construction works.

5.–6. Cost estimate of the building – selected works of subsidiary construction works.

7.–8. Cost estimate of the building – set up.

9.–10. Calculation of selected construction work.

11.–12. Valuation of property – a model example.

13. Credit test.