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Curriculum subject

Construction Cost and Office Management

Subject
Subject code AAP407
Subject name Construction Cost and Office Management
Credit points 4 ECTS
Grading method Exam
Curriculum subject
Curriculum 2012 RA
Study year 4
Semester Fall semester
Subject type Mandatory
General description
Basic notions of market economy. Market demand. Market supply. Market balance. Company cost curves. Fixed costs of a company. Variable costs of a company. Determination of the need of working capital. Basics of business. Ways of founding a company. Types of enterprises. Personnel policy. Basics of real estate economics. Investment and life-cycle costs of a real estate. The methods of the cost estimation during different phases of project. Analysis of real estate investments. Lifespan calculations of real estate. Energy efficency.
General aim
The general objective is to provide the students basic knowledge about the economic mechanisms of the architecture and real estate market, calculation of the lifespan costs of a building, basics of business and management of a architecture bureau.
Aim
The student who has passed the course:
- knows the economic mechanisms of the architecture and real estate market;
- knows the rules of starting a small business in the field of architecture;
- can use the mostly spread methods of analyse at the calculation of investment and life-
cycle costs of buildings, among them based on the aspect of energy saving and
environmental impact;
- is informed about the economic issues of the usage of company resources.
Form description
Lectures, practical classes, independent homework in the form of group work, application of E-learning elements.
Literature
Peetrimägi, L. (2013) Loengukonspekt aines AAP 407 Ehitusmaksumus ja ettevõtte majandamine
Smith, J., Jaggar,D.(2007) Building Cost Planning for the Design Team
Ferry, D.J., Brandon, P.S., Ferry, J.D. (2005) Cost Planning of Buildings Seventh Edition. Blackwell Publishing. Oxford.
Ferry,D.J., Brandon, P.S. (1996) Ehituse maksumusplaanimine, Tallinn, Kirjastus Külim.
Evaluation methods
Two homeworks (groupwork), examination (individual). Detailed information about estimation are given in first lecture.
Name of the e-learning course at Moodle environment (http://ekool.tktk.ee)
Ehitusökonoomika arhitektuuritudengitele (Building Economics for Students of Faculty of Architectural and Environmental Engineering)
Current rounds
None
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