Module title: Building Economics 4

SCQF level: 10:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: BSV10108
Module leader: Mike Thomson
School School of Engineering and the Built Environment
Subject area group: Building and Surveying
Prerequisites

Module code BSV09107; BSV09115
Module title Building Economics 2; Building Economics 3
Examples of equivalent learning Building economics to the lev

2018/9, Trimester 1, FACE-TO-FACE, Edinburgh Napier University
Occurrence: 001
Primary mode of delivery: FACE-TO-FACE
Location of delivery: MERCHISTON
Partner: Edinburgh Napier University
Member of staff responsible for delivering module: Mike Thomson
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
Learning & teaching methods including their alignment to LOs
LTA Approach: A module guide is issued in week one that outlines the topics and core references Topic notes covering lecture topics are issued. Each week a 2 hour lecture (with break) is delivered using structured overheads which also contain question /issue prompts for student response and scope for deeper consideration. Each lecture is supported by a seminar session. This is principally group discussion on scenario based issues to be considered with defined outputs and the expectation of presenting results to tutor and peers. Case material supplied by consultancies is incorporated. One specialist guest lecture from a corporate organisation is normally included in the programme.
Embedding of employability/ PDP/ scholarship skills
The key skills developed partially align with the RICS Quantity Surveying and Construction Pathway Competency: Commercial Management of Construction (T010) at RICS Level 1

- Identifying and understanding the components that make up the cost of the project to the contractor
- Understanding of the effect that the design and construction processes have on the cost
- Awareness of the techniques used to reconcile the cost against income
- Awareness of the techniques to financially manage sub-contractors and suppliers

Assessment (formative and summative)
Summative assessment takes place in week 14 or 15 with a formal 3 hour examination.

Research/ teaching linkages
Close links are maintained with the Building Performance Centre (BPC) at Napier University. This includes reference to research papers and guest lecturing from Centre staff.

Supporting equality and diversity
Materials are provided in hard and soft (WebCT) formats to ensure their availability to all students on the module.
Timetabled academic supervision is available in each teaching week of the module to support students in addition to the normal tutorial time allocation.

Formative Assessment:
TBC

Summative Assessment:
TBC

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 24
Face To Face Tutorial 24
Face To Face Centrally Time Tabled Examination 3
Independent Learning Groupwork (Independent Study) 149
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Centrally Time Tabled Examination 100.00 1-4 14/15 HOURS= 3, WORDS= 0
Component 1 subtotal: 0
Component 2 subtotal: 100
Module subtotal: 100

Description of module content:

To acquire an appreciation and fundamental understanding of the business world, its priorities and how it operates. To focus on linking corporate strategy and organisation to the commercial deliverables of the built environment and to understand how best they can contribute to business success. To appreciate how today the professional advisor in the construction industry is required to react to constant and rapid change in a global business environment.

Learning Outcomes for module:

On completion of this module you will be able to:
LO1 theorise on firms and competitive markets;
LO2 identify and analyse elements of business at strategic and operational level and that have ramifications in decision making for project procurement;
LO3 evaluate commercial options to add value to an integrated supply chain;
LO4 demonstrate an understanding and application of budgeting processes and management activity costing.

Indicative References and Reading List - URL:
BSV10108 Building Economics 4