who teaches
Decision-making in building projects consists of both economic and non-economic criteria for design and its implementation, e.g. income-expenditures or cost-benefit analysis. Both general mathematical formulas, algorithms and the lecturer´s expertise and skills will develop the student´s knowledge of how to identify optimal strategies and to predict the outcome of strategic interactions within the project life cycle. Seminars are devoted to practical problems in the form of a case study "Create your own business in CZ by buying and refurbishing existing premises" (prefeasibility study) with emphasis on the construction work cost and architect´s design team costing and pricing. Thus following crucial information is inevitable: total initial project costs, operating/manufacturing project costs in use, project life-time schedule, financing, externalities (EIA, IPPC) and CZ business environment assessment (PEST analysis) and construction work estimating (the bill of quantities, elemental cost analysis. The aim of the course: to furnish students/participants with adequate tools and techniques for competent assessment and strategic decision about capital investment projects under competitive and co-operative post-modern conditions.
The minimum number of students to open the course is 5. EXCEPTION for self-paying students: if there are less than 5 students, the course will be taught in consultations.