There are no pre-requisites for this module to be added

Welcome to the Advanced Commercial Management Module. This 20-credit unit module will introduce you to the application of knowledge and understanding of the activities of a commercial manager. The module focuses on the post-contract phase of construction projects and explores the commercial and financial responsibilities of a contractor’s Quantity Surveyor (QS). Students will gain hands-on experience in managing the financial lifecycle of a contract—from tender award through project execution to final account settlement.Key areas of study include budgeting and cash flow forecasting, understanding various cost control techniques used for live construction projects, the preparation and interpretation of detailed cost reports, effective contract administration and change management, as well as financial monitoring and reporting throughout the post-contract phase of construction projectsBy the end of the module, students will be equipped with the tools and confidence to make informed commercial decisions, manage risk, and contribute to the financial success of construction projects. This module is ideal for aspiring commercial managers, quantity surveyors, and professionals seeking to deepen their expertise in post-contract commercial practices.

Upon completion of this module you will be able to

LO1: Demonstrate understanding of contractor commercial management principles and cost reporting

LO2: Analyse important information on cost reports and recognise the controls required for cost reporting plus the impact of changes on construction projects.

LO3: Apply knowledge to a given construction project scenario and produce outputs that demonstrate understanding of post-contract cost reporting and control.

LO4: Investigate and analyse the causes of losses and declining profit during construction projects.

LO5: Critically discuss remedial actions to maintain and increase profitability in construction projects.