Course detail

Construction Valuation

FAST-CV008Acad. year: 2018/2019

Costs. Cost framework. Price information. Cost oriented price setting. Construction costs in Czech Republic. Participants in development. Work agreements. Negotiated prices. Costing aids. Construction costs. Overall cost estimate. Cost indicators of construction objects. Cost of construction object. Construction cost estimate. Data for cost estimate evaluation. Construction works costs. Costs of project preparation and engineering consultancy. Wage laws for engineers and other technical workers. History and evolution of costs in civil engineering in the Czech Republic. Basic knowledge of construction costing in other countries. Software for cost estimates. Prices of immovables.

Language of instruction

Czech

Number of ECTS credits

3

Mode of study

Not applicable.

Guarantor

doc. Ing. Alena Tichá, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Students will gain the ability to:
- focus on pricing and types of prices in the Czech Republic,
- orientation in the sort of price information in the construction industry,
- to establish the price of the works in construction,
- calculate the cost of construction work,
- find out the value of building as a property.

Prerequisites

Knowledge of technology of constructions and works. Knowledge and skills of fundamentals of business economics, especially of areas of work, material, machines and equipment standartization, wages issues, coding and classification of construction production.

Co-requisites

Fundamentals of business economics, technology of structural works.

Planned learning activities and teaching methods

The course is taught through lectures, practical classes and self-study assignments. Attendance at lectures is optional, but attendance at classes is compulsory.

Assesment methods and criteria linked to learning outcomes

The evaluation is complex. Students earn points during the term. The attendance, compile of examples and a written test are scored in the exercise (maximum 50 points). The activity is watched in the lectures during the term. The graded credit consists of a written test of theory (maximum 50 points) and reflects points gained from practice knowledge during the term in excercises (maximum 50 points). The whole maximum is 100 points.

Course curriculum

1. Introduction.Price law.Price system.Price information.
2. Price of constructin. Complex budget of construction.
3. Price of building.Cost estimate of building.
4. Price of building.Systems for cost estimate in CR.
5. Price of building.Systems for cost estimating abroad.
6. Price of building work.Calculation formula.Comparative calculation.
7. Price of architects and engineers activities. Price of cost estimator activity.
8. Price of public order.
9. Price of property.Price law about propery valuation.
10.Price of property.Building.Land.Vegetation.Methods of valuation.
11.Price of property.Cost method of valuation.
13.Price of property. Yield method and comparative method of valuation.

Work placements

Not applicable.

Aims

To get knowledge about pricing with respect to knowledge from area of cost calculation and price setting in construction development. To acquire skills by working with cost estimate data and with up-to-date software applications for cost estimation and costing in civil engineering, that are used in construction practice. Basic knowledge about pricing of immovables.

Specification of controlled education, way of implementation and compensation for absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Not applicable.

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme N-P-C-SI (N) Master's

    branch S , 1. year of study, summer semester, compulsory

  • Programme N-P-E-SI (N) Master's

    branch S , 1. year of study, summer semester, compulsory

  • Programme N-K-C-SI (N) Master's

    branch S , 1. year of study, summer semester, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

doc. Ing. Alena Tichá, Ph.D.

Syllabus

1. Introduction.Price law.Price system.Price information.
2. Price of constructin. Complex budget of construction.
3. Price of building.Cost estimate of building.
4. Price of building.Systems for cost estimate in CR.
5. Price of building.Systems for cost estimating abroad.
6. Price of building work.Calculation formula.Comparative calculation.
7. Price of architects and engineers activities. Price of cost estimator activity.
8. Price of public order.
9. Price of property.Price law about propery valuation.
10.Price of property.Building.Land.Vegetation.Methods of valuation.
11.Price of property.Cost method of valuation.
13.Price of property. Yield method and comparative method of valuation.

Exercise

13 hours, compulsory

Teacher / Lecturer

doc. Ing. Alena Tichá, Ph.D.

Syllabus

1.-2. Introduction. Literature. Classifications. The general construction budget.
3.-4. Cost estimate of the building - selected works of main construction works.
5.-6. Cost estimate of the building - selected works of subsidiary construction works.
7.-8. Cost estimate of the building - set up.
9.-10. Calculation of selected construction work.
11.-12. Valuation of property - a model example.
13. Credit test.