Modules

Core Module Information
Module title: Quantity Surveying: Commercial Management (GA)
SCQF level: 08:
SCQF credit value: 20.00
ECTS credit value: 10
Module code: BSV08418
Module leader: Timothy Olawumi
School School of Computing, Engineering and the Built Environment
Subject area group: Built Environment
Prerequisites

There are no pre-requisites for this module to be added
Description of module content:

This module will provide you with an understanding of commercial management principles and practices in the construction industry. These include exploring how external factors, such as economic trends and government policies, impact construction projects and businesses. Also, it will equip you with essential knowledge and skills to navigate the complex commercial environment of quantity surveying.More so, you will gain insights into the diverse range of companies that operate in the industry – including how they are structured and how they secure funding. You will acquire knowledge relating to financial management practices employed by construction firms, including aspects such as budgeting, competition, capital allowances, and tax implications.Upon completing this module, you are expected to possess the knowledge and skills necessary to make informed decisions in a complex commercial environment. You will be capable of analysing economic trends, understanding financial statements, and applying your knowledge to real-world construction projects.
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, economic trends in the industry and the economics of development.

LO2: Develop a knowledge of current industry-related initiatives that relate to professional practice and QS-related specialist roles.

LO3: Demonstrate an understanding of commercial organisations and competitive markets; the forms and structures of various company types and how this affects their ability to raise finance.

LO4: Demonstrate an understanding and application of budgeting processes and the financial management of the supply chain.

LO5: Demonstrate knowledge of financial accounting principles and construction insolvency.
Full Details of Teaching and Assessment
2025/6, Trimester 3, In Person,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: In Person
Location of delivery: MERCHISTON
Partner:
Member of staff responsible for delivering module: Timothy Olawumi
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 35 Lectures and tutorials series covering module content, worked examples, and preparing students for the coursework assessment. (in Week 14 of TR3, GA cohort—over 5 days)
Online Guided independent study 165 Guided independent study: Independent study time is for students to engage with course materials, participate in self-directed discussions, prepare and complete coursework. This involves applying critical thinking, concepts, and frameworks from readings to analyse case studies or practical contexts, enhancing their learning experience.
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Report 100 1~2~3~4~5 Week 12 , WORDS= 3000 words This assessment requires the completion of essays and reports that address all five learning outcomes. You will demonstrate your understanding of commercial management in construction by analysing economic influences, financial practices, and organisational structures. The work will test your ability to apply theoretical knowledge to real-world commercial scenarios.
Component 1 subtotal: 100
Component 2 subtotal: 0
Module subtotal: 100

Indicative References and Reading List - URL:
Quantity Surveying: Commercial Management (GA)
 

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