Modules

Module title: Construction Financial Management (GA)
SCQF level: 08:
SCQF credit value: 20.00
ECTS credit value: 10
Module code: BSV08403
Module leader: Andrew Smith
School School of Engineering and the Built Environment
Subject area group: Building and Surveying
Prerequisites

There are no pre-requisites for this module to be added
2019/0, Trimester 1, Face-to-Face,
Occurrence: 001
Primary mode of delivery: Face-to-Face
Location of delivery: MERCHISTON
Partner:
Member of staff responsible for delivering module: Andrew Smith
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
This shall comprise a lecture of up to 2 hours with a linked 1-hour tutorial/seminar, held twice per day over a consecutive five day period. The face-to-face teaching delivered in Week 1 shall be supported by independent guided study and underpinned with work-based learning when back in the office completing the assessments specified for the module (Weeks 2-15).

A module guide is issued in week one that outlines the topics and core references. Scope is built in for questions / issue prompts for student response allowing for discussion. Each lecture is also supported by tutorial / seminar session. The student input ranges from individual exercise to group tasks with defined output and expectation of presenting to tutor or peers. Specialist lectures are included in the programme.
Formative Assessment:
The provision of formative feedback is a key component of the LTA approach underpinning this module. Formative feedback opportunities are built into each tutorial where you will be encouraged to engage with and reflect upon module themes via a series of different learning tasks. These provide opportunities for the module tutor to help with your understanding and interpretation of module topics. This formative feedback is delivered in class time in response to student contributions both individually and collectively. Formative feedback arises via the discussion and analysis of tutorial questions, practical examples/cases and associated reflection on a range of learning tasks.

Summative Assessment:
The module is assessed by one component, a portfolio of coursework including a poster and professional reports on two topics, for example one to demonstrate a fundamental appreciation of current economic policy as it will influence the construction industry and development activity, and a professional report to demonstrate your understanding of development appraisal techniques and sensitivity analysis.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 24
Face To Face Tutorial 12
Other Work based learning 66
Independent Learning Guided independent study 98
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Portfolio 100 1-6 12 HOURS= 0, WORDS= 4000
Component 1 subtotal: 100
Component 2 subtotal: 0
Module subtotal: 100

Description of module content:

In this module, you will learn about aspects of applied economics in the construction industry and government policy; taxation and construction; construction finance objectives and strategic planning; and the cost of company capital. You will also learn about the economics of development.
You will also learn about the development appraisal process, detailed development appraisals residual valuations and financial evaluations, partnership schemes and ground rent calculations, equity sharing agreements, discounted cash flows for development appraisal, and sensitivity analysis.
Learning Outcomes for module:

Upon completion of this module, you will be able to:

LO1: demonstrate knowledge of the influence of the economy on the construction sector and the economic trends in the industry.
LO2: demonstrate knowledge of the economics of development
LO3: acquire technical knowledge of how to apply traditional and contemporary development appraisal techniques
LO4: compare the different techniques available for the analysis of risk and uncertainty in the development process
LO5: demonstrate knowledge, understanding and application of the relevant provisions for capital taxation and allowances on construction projects and development
LO6: demonstrate knowledge of construction insolvency
Indicative References and Reading List - URL:

Please contact your Module Leader for details
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