DCHT61 Construction Economics and Management

Module code: DCHT61


ECTS Credit Points:
20

Module Type:
Compulsory


Year:
1st / 2nd

Language: Greek

Learning Outcomes:
Students who complete the study of this subject area should be able to,
- Apply established methods for economic evaluation of investment plans.
- Asses the machinery value in time (depreciation) and evaluate replacement plans.
- Analyze the financial structure of companies and evaluate the financial risks.
- Evaluate the economic feasibility of public projects and determine financing alternatives.
- Develop the work breakdown structure of a project within the project management process.
- Apply established network analysis methods for project scheduling and develop the project Gantt chart.
- Develop resource allocation plans in single or multiple projects.
- Develop project cash flow diagrams considering capital availability.
- Propose effective solutions for project crashing.
- Perform project monitoring and control analysis.
- Perform risk management analysis in project construction or operation.
- Organize the project delivery process and develop maintenance and rehabilitation plans.
- Utilize project management software.


Subjects covered:
1. Engineering economics
2. Construction planning and estimation
3. Construction project scheduling and control

Learning Material: The HOU publications can be viewed
here.

Teaching Method: Distance education with five Contact Sessions held at weekends during the academic year

Evaluation: Completion of five written assignments during the academic year, the average grade of which constitute a 30 percent of each student's grade, if a pass is obtained in the final or repetitive examination. Final exam grades constitute a 70 percent of the students' final course grade. More information is available
here.