Course detail

Project - Building Enterprise II

FAST-CV11Acad. year: 2014/2015

Draw up a proposal for business plan for founding of construction firm oriented on construction work provisio. The use documentation elaborated in technical projects. Combination of knowledge and skills from previous technical disciplines and projects with knowledge and skills of construction management and special structural-and-economic disciplines. Proposal of business plan is presented as specific parts of the project – area of marketing in civil engineering, price of construction object and financing of construction order. Use of project control methods to determine mutual connection of all areas and to defend proposed plan including demonstration of feasibility. The plan is compiled with support of specific software products. Business plan students complete with a financial analysis of company and calculation of cost-effectiveness selected investment plan. The investment plan can be focused on buying a family house whose price is determined by the current selected methods of valuation rules. Use of the latest software for budgeting, cost estimating, valuation of immovables and setting of financial plan is compulsory.

Language of instruction

Czech

Number of ECTS credits

Mode of study

Not applicable.

Guarantor

doc. Ing. Alena Tichá, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Students put together a business plan of building supply company. Students propose the company by themselves. The company's business is focused on the works carried out on the building object. A substantial part of the project is to estimate a prices of subcontract​​. Students must set the price of construction works to correspond to corporate finance and marketing in the region. The success or failure of a business plan is demonstrate by cost controlling. Business plan students complete with a financial analysis of company and calculation of cost-effectiveness selected investment plan. The investment plan can be focused on buying a family house whose price is determined by the current selected methods of valuation rules. Use of the latest software for budgeting, cost estimating, valuation of immovables and setting of financial plan is compulsory. The result of the project is also to validate the skills in team work. Teams consist usually of three students.

Prerequisites

Knowledge from areas of technical disciplines, especially designing of civil and engineering objects and technology of construction works. Knowledge and skills from construction firm economics, pricing, price and cost management in civil engineering and from areas of financial and business management and marketing. Ability to use suitable software.

Co-requisites

Knowledge of price setting problems and costing in civil engineering. Orientation in coding and classification of construction production. Required are skills of user ability to work with cost estimation data and with software applications for cost estimation and costing in construction development. Knowledge and skill of setting of the financial plan, financial statements and financial analysis. Calculation of investment efficiency and the critical point .

Planned learning activities and teaching methods

The course is taught through practical classes and self-study assignments. Attendance at practical classes is compulsory.

Assesment methods and criteria linked to learning outcomes

The course is closed with the presentation of the business plan before the evaluation committee. Each part of the project is individually evaluated by relevant teacher. The project is evaluated by classified credit. The final grade is comprehensive and reflects the classification of all project components.

Course curriculum

Not applicable.

Work placements

Not applicable.

Aims

To draw up a proposal for business plan for founding of construction firm oriented on construction work provisio. To demonstrate ability to use knowledge from technical, economic, management and law disciplines. To demonstrate feasibility of proposed plan with respect to its organization, pricing, financial and business sides by help of controlling and marketing inquiry. Ability to use documentation from technical projects and suitable software for elaboration.

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

Participation in presentation software for budgeting and costing of Czech engineering organizations.

Prerequisites and corequisites

Not applicable.

Basic literature

KOVANICOVÁ, D., KOVANIC, P.: Poklady skryté v účetnictví. Polygon, 1995. ISBN 80-901778-4-0. (CS)
TICHÁ, Alena, MARKOVÁ, Leonora., STÁVKOVÁ, Laura: Ceny ve stavebnictví II-vzorový rozpočet-příloha výkresová část. URS s.r.o. Brno, 1999. (CS)
TICHÁ, Alena, MARKOVÁ, Leonora, VYSTAVIL, Radim: Ceny ve stavebnictví II-vzorový rozpočet. URS s.r.o. Brno, 1999. (CS)

Recommended reading

BUTLER, Richard et al.: Strategic Investment Decisions. London and New York: Routledge, 1993. ISBN 0-415-12075-1. (EN)
GARRISON, Ray a NORREN, Eric a BREWER, Peter: Managerial Accounting. McGraw-Hill/Irwin, 2011. ISBN 978-0078111006. (EN)
Mc. CARTH , Jerome, PERREAULT, William,Jr.: Applications in Basic Marketing. IRWIN, Boston, 1995. ISBN-10: 0072521341. (EN)
TICHÁ, Alena, MARKOVÁ, Leonora, PUCHÝŘ, Bohumil, BOČKOVÁ, Kateřina: Costing and pricing in civil engineering. VUT FAST, CERM, s.r.o, 2002. ISBN 80-214-2152-5. (EN)

Classification of course in study plans

  • Programme N-K-C-SI Master's

    branch N , 2 year of study, winter semester, compulsory

  • Programme N-P-C-SI Master's

    branch N , 2 year of study, winter semester, compulsory

  • Programme N-P-E-SI Master's

    branch N , 2 year of study, winter semester, compulsory

Type of course unit

 

Exercise

39 hod., compulsory

Teacher / Lecturer

doc. Ing. Alena Tichá, Ph.D.

Syllabus

1. Introduction of project
2. Building subcontract - bill of quantity of selected building works for building company
3. Building company - structure, building activities - selected building works, workers, asset
4. Building company - finance, financial statements
5. Building company - marketing of selected works and wages
6. Building subcontract - individual calculation of construction work by finance and marketing
7. Building company - cost controlling
8. Building company - financial analysis
9. Building object - valuation of real estate
10. Building company - investment
11. Completion of individual parts of a project
12. Completion of the project and preparation of presentation
13. Graded credit