Architectural Design|Building|Energy and Environment|Environmental Design|Interdisciplinary Thinking|Renewables or Renewable Energy|Sustainability

This module provides the basic tools whereby building designers can make decisions concerning the effectiveness of the various solar heating and cooling...

This module provides the basic tools whereby building designers can make decisions concerning the effectiveness of the various solar heating and cooling strategies. This module investigates the potential for active and passive solar heating, passive cooling in different types of buildings, covering passive building design and operative issues.

Whole Life Costing|Project management methodology|Cost management|Project strategy

This module builds on Project Management 1 and considers developing an awareness of the processes and the principles of managing construction projects. It...

Major projects|Economics of projects|Project financial models

The module &#039;Economics and Finance&#039; sets the strategic management of projects into the prevailing economic context and how important the role of finance...

The module 'Economics and Finance' sets the strategic management of projects into the prevailing economic context and how important the role of finance is to major and strategic projects. Using a combination of formal lectures, case studies and the involvement of practitioners, this module will demonstrate how important it is for a strategic manager of projects to understand some of the basic principles and tenets of economics and finance. The module will focus more on the macro and meso level of economics as these will set the scene for the project at different points in time, in different geographical locations and in different sectors.

Module Aims: 

To develop an approach to major projects and their management that includes appreciation of the role of economics and finance;
	 Explore the relationship between macroeconomic policies, financial and funding sources and major projects;
	Use case-based learning to appreciate how projects are shaped and affected by economic pressures and forces Understand how financing and financial modelling relates to projects and their management.
 

Issues that the module may tackle: 

The module considers projects as a form of production and addresses:

Characteristics of major projects with high strategic value;
	 The role of data gathering and analysis in decision-making;
	How finance and economic conditions shape project shaping, now increasingly influenced by the transition to a low carbon economy;
	The economic context of projects with long economic lives.  
 

Intended learning outcome: 

Apply concepts and approaches relevant to projects and project management from various branches of economics and finance;
	Explain how macroeconomic policy and financial structuring affect major projects;
	Appreciate that circumstances relating to economics and finance can change and this may require change from the project and those managing it. 