Module 'Economics and Business Administration'

22 ECTS credits, 22 ECTS credits compulsory courses.

Objective:
to establish general understanding of the basics and regulations of economy and principles of construction organizing.

Learning outcomes:
student
- is familiar with different stages of building along with the purposes and outcomes;
- knows the mainfunctions and content of project admiistration;
- is able to plan an organization schema for distinct construction biddings;
- can compose a general time scale for a construction project;
- is familiar with the content of bidding documentation and the principles of compiling these, knows the methodology of the organization of bidding questionnaires;
- knows the procedures of approval and commissioning;
- understands the basic methods of administration and can lead team work;
- is familiar with the formation of construction costs;
- is able to compose a general construction work budget for a building along with the calculations for time schedules.