NG4S702 - Financial Management for Construction and Real Estate 01 Aug 2023 - 31 Jul 2025 | Version 3
Associated Module Information
| Module Code: | NG4S702 | ||
|---|---|---|---|
| Module Title: | Financial Management for Construction and Real Estate | ||
| Faculty: | Faculty of Computing, Engineering and Science | ||
| Faculty Group: | Built Environment and Civil Engineering | ||
| Faculty Sub Group: | Built Environment | ||
| Module Leader: | Shane Galvin | ||
| Module Team: | Darren Evans, Darryl Morgan, Owain Llywelyn | ||
| First Intended Intake: | SEP 2015 | Final Year of Intake: | |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 7 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100151 - construction management | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 3 |
|---|---|
| Valid From | 01 Aug 2023 |
| Valid To | 31 Jul 2025 |
Module Aims
To develop management skills compatible with the financial management of Construction & Real Estate operations.
To demonstrate appreciation and application of valuation methods for the financial management of Construction & Real Estate.
To demonstrate appreciation and application of development appraisal, considering the main factors that affect the construction cost of a building / development site and the financial
background to the development decision.
To have knowledge and understanding of key sources of economic data relating to the Construction & Real Estate industries and the role of economic data in making informed financial management decisions.
To demonstrate appreciation and application of basic financial applications relating to investment and risk analysis, lifecycle costs and financial accounts.
Content Summary
Topics considered in this module will include:
Financial Management
Economic Context for Financial Decisions
Development Appraisal Techniques including Residual Valuation, Cashflow Methods, Sensitivity and Risk Analysis.
Financial Principles and Applications - Profit and Loss Accounting and Balance Sheets
Analysis of relevant key Accounting Ratios for decision making
Cash Flow Analysis, interpretation and management
Sources of Finance - Commercial Funding, PFI/PPP
Financial Modeling & Simulation in Spreadsheet
Spreadsheets as a Financial Management Tool
Valuation Methods – Depreciated Replacement Cost, Over Rented properties
Investment Return, Financial Risk and Sensitivity Analysis
Compound Interest Theory
Life Cycle Costing
Economic Activity
Topical Discussions
This module will facilitate the development of Personal Development Planning through the delivery of the key skills identified below in the module descriptor.
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Lecture | 24 |
| Seminar | 24 |
| Independent Study | 100 |
| Directed Study | 52 |
| Total Hours Selected | 200 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Demonstrate application of knowledge developed in financial calculations relating to Real Estate and Construction through competent use of industry standard software. |
| LO2 | Demonstrate the ability to apply the principles and techniques of financial management to Real Estate and Construction projects/scenarios. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Asynchronous Assessment | Project 1 | A detailed analysis of a topic, with an associated word count, involving some original research undertaken by the candidate who makes use of data and/or primary sources. | 0 | 2000 | 50 | No | 40 |
| Asynchronous Assessment | Case study 1 | A concentrated inquiry into a single case or subject. | 0 | 2000 | 50 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Project 1 | ✔ | ✔ | |
| Case study 1 | ✔ | ✔ | |