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BULD7029 - Financial & Contract Const Mgt

Title:Financial & Contract Const Mgt
Long Title:Financial & Contract Const Mgt
Module Code:BULD7029
Credits: 5
NFQ Level:Intermediate
Field of Study: Building Science
Valid From: Semester 1 - 2019/20 ( September 2019 )
Module Delivered in 3 programme(s)
Module Coordinator: DANIEL CAHILL
Module Author: DANIEL CAHILL
Module Description: This module will provide the student with theory and practice in the planning, coordination and control of Construction and Engineering projects.
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Evaluate appropriate cost planning and cost management techniques for alternative Construction and Engineering Projects.
LO2 Apply project logic to tasks, estimate durations, use project management software to manage time and cash flow on Construction and Engineering projects.
LO3 Interpret the various standard forms of contracts used to control Construction and Engineering projects.
LO4 Demonstrate an understanding of the Management concepts that underpin effective Construction and Engineering Project Management.
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named CIT module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.

No requirements listed
No Co Requisites listed

Module Content & Assessment

Indicative Content
Project Cost Management
Outline cost plans, unit method, elemental estimating, use of historical cost data, cost management throughout the project life cycle, value management
Project Time Management and Scheduling Software
Dividing project into tasks, estimating duration, logic, using Microsoft Project to produce a construction schedule/programme, resource management including generation of project cash flow
Standard Forms of Construction Contract
Law of contract, RIAI, Engineers Ireland, GCCC (Public Works ), FIDIC and JCT forms contract.
General Project Management concepts
Leadership,Motivation, Group Dynamics, Human Resource Management, Health and Safety Management.
Assessment Breakdown%
Course Work100.00%
Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Short Answer Questions Short questions on cost planning and contract 1,3 30.0 Week 10
Written Report Written report on Management concepts 4 30.0 Sem End
Practical/Skills Evaluation Computerised cashflow and resource projection chart 2 40.0 Week 10
No End of Module Formal Examination

The institute reserves the right to alter the nature and timings of assessment


Module Workload

Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lab Computerised project Management 1.0 Every Week 1.00
Lecture Lecture 2.0 Every Week 2.00
Independent & Directed Learning (Non-contact) student independent learning 4.0 Every Week 4.00
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
This module has no Part Time workload.

Module Resources

Recommended Book Resources
  • Brian Cooke, Peter Williams, 2012, Construction Planning, Programming and Control, 3rd Ed., Wiley-Blackwell [ISBN: 978-1-40518380-2]
  • Jim Smith and David Jagger 2007, Building cost planning for the design team, Elsevier Butterwworth-Heinemann Amsterdam [ISBN: 0750680164]
  • Murdoch J, Hughes W 2007, Construction Contracts Law and Management, 4TH Ed., Taylor and Francis [ISBN: 978-0-415-39369-0]
  • Capon,C. 2004, Understanding Organisational Context, 2nd Ed., Prentice Hall Gosport [ISBN: 978-0-273-67660-7]
Supplementary Book Resources
  • Carl Chatfield, Timothy Johnson D., 2010, Microsoft Project 2010 Step by Step, Microsoft Press [ISBN: 978-0-7356-2695-9]
This module does not have any article/paper resources
Other Resources

Module Delivered in

Programme Code Programme Semester Delivery
CR_CCIVL_7 Bachelor of Engineering in Civil Engineering 6 Elective
CR_CENVI_7 Bachelor of Engineering in Environmental Engineering 6 Elective
CR_ECTWB_7 Bachelor of Science in Craft Technology (Wood) with Business 6 Elective

Cork Institute of Technology
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Tel: 021-4326100     Fax: 021-4545343
Email: help@cit.edu.ie