Business economics and entrepreneurship

Recommended Prerequisites

The pre-requisites of this course are those corresponding to the application for the MSc course CMM.

Teaching Methods

These lectures are organized in theoretical lectures. Occasionally students are invited to attend lectures by visiting scientists.

Learning Outcomes

- Clear understanding of the concepts of macro and micro economics;

- To identify the relevant issues from economics for application in the construction sector;

- To develop skills for innovation and risk taking.

Work Placement(s)

No

Syllabus

Business development in construction company. Financial analysis and management in construction company. Risk management in construction company. Risk Management Systems for construction projects. Project management systems applied in construction contracting. Advanced systems of construction project management. Standard contracts in civil engineering. Entrepreneurship. Entrepreneurial venture plan. Entrepreneurial issues for start-up.

Assessment Methods

Continuous
Written work with oral presentation: 100.0%

Bibliography

Schaufelberger, J., “Construction Business Management”, Pearson, 2009.

Yescombe, E.R.,: “Principles of Project Finance”, Academic Press, San Diego, 2002.

Clough R.H., Sears G.A., & Sears, S.K., “Construction contracting: A practical guide to company management”, Hoboken, NJ: John Wiley and Sons Inc , 2005.

Civitello A.M., Levy S.: Construction Operations Manual of Policies and Procedures, 4rd edition, McGraw‐Hill, New York, 2005, 480 p.

Langford D., Male S.: Strategic Management in Construction, 2nd Edition. Blackwell Science, 2005.

Seely, I.H., “Building Economics”, 4^th edition, Palgrave – McMillan, 1996

Kuratko, D.F., Hodgetts, R.M., “Entrepreneurship: theory, process, practice”, Thompson, 2007.

Nahmias, S., “Production and Operation Analysis”, 5^th edition, McGraw-Hill International, 2005.