This module focuses on the range of techniques used by construction professionals to appraise and manage cost and value in construction projects.
This module introduces the student to key elements of contract administration applied to the roles of contract administrators, quantity surveyors and commercial managers.
This module examines the various types of construction contracts, including families of standard construction contracts, and the common law, legislation and administrative procedures, which govern them. It provides a working knowledge and understanding of construction contract legal problems, and related applicable law, such as non-contractual liabilities. It examines when a dispute arises in legal terms, and how dispute resolution methods may be employed to resolve problems and disputes.
This module focuses on developing an awareness of the issues which need to be considered when deciding how to procure and manage construction projects.
This module uses some analytic tools from economics and finance (and management) in broad discussion of construction markets and construction firms. The nature of construction projects is identified and their demand is considered in national and international contexts. Attention is also focused on the production process of construction products and current debates within the industry regarding project-based industries. The main principles of corporate finance will be considered in the analysis of the firms' performance while international construction, innovation, and entrepreneurship topics will provide a bigger insight to the dynamics of this industry.
The module provides the opportunity for students to undertake an independent piece of research, investigating in depth a subject, in which, they have a particular interest and of their own selection. Each student will submit a dissertation of between 15,000- 20,000 words. The module includes teaching of research methods.
