Commercial Management

Module summary

Module code: BUIL1262
Level: 6
Credits: 15
School: Liberal Arts and Sciences
Department: Design
Module Coordinator(s): George Agyekum-Mensah

Specification

Pre and co requisites

Level 5 or equivalent

Aims

• To further develop the general understanding of the statutory and legal principles with the construction and property industry and apply these concepts to professional practice.
• To develop an understanding of commercials management including ethics and professionalism, and develop the awareness of the techniques and tools, such as value engineering, whole-life costing, capital allowance, and sustainability used to achieve value for money in building/ civil engineering/infrastructure projects

Learning outcomes

On successful completion of this module a student will be able to:
1 Understand and apply procedures relating to the legislation areas surrounding the requirements within construction schemes; and anticipate, identify and analyse the key issues involved with the construction process.
2 Develop the awareness of the techniques and tools, such as value engineering, whole-life costing, capital allowance, and sustainability used to achieve value for money in building/ civil engineering/infrastructure projects.
3 Understand the actions required to facilitate the completion of a project, including financial, ethics and professionalism as required by accredited professional institutions.
4 Understand the impact made by sustainability on projects and the financial management of such impact and critically appraise modern techniques in used in evaluating commercial risks of projects.


Indicative content

• An overall working of legislation surrounding the application of construction. Areas incorporated relate not only to the construction process but will cover health and safety issues, sustainability, building regulations, planning issues and factors relating to consultancy.
• The techniques and tools, such as value engineering, whole-life costing, capital allowance, and sustainability used to achieve value for money in building/ civil engineering/infrastructure projects
• The actions required to facilitate the completion of a project, including financial, ethics and professionalism.

Teaching and learning activity

The teaching and learning philosophy is to develop the whole student i.e. to provide them with challenging activities and assignments that require them to develop and improve skills as well as increase knowledge and understanding of contract administration, legislations, ethics and professionalism in context of construction projects.

Assessment

Critical Review - 50%
LO - 1, 3.
Pass mark - 40%
1500 words.
Essay.

Report - 50%
LO - 2, 4.
Pass mark - 40%
1500 words.
Professional report.

Nature of FORMATIVE assessment supporting student learning:
• Tutorials on assessments in Teaching week 1, 5 and 10