MSc Construction Project and Cost Management
Overview
This degree aims to prepare you to effectively manage projects and the budgets surrounding the development of the built environment. Covering physical, legal, economic and technological factors, you’ll have the opportunity to gain an understanding of the theory and practice of procurement, construction economics, cost management and best practice project management within the construction industry.
You’ll have the opportunity to develop high-level knowledge in the theoretical and practical aspects of strategic management in the construction industry.
Accredited by the Chartered Institute of Builders, this degree explores the constraints of project and cost management and helps you develop the core skills required by construction project managers, cost managers and quantity surveyors.
Syllabus
A student who successfully completes the MSc Construction Project and Cost Management degree will have achieved the following course learning outcomes.
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Demonstrated an advanced understanding and knowledge of the key concepts, theories and principles used in quantity surveying and construction project management
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Shown a critical appreciation of the significant factors constraining the effective management and development of the built environment (e.g. physical, legal, economic and technological factors) and health and safety precautions and their associated cost implications on construction projects
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Critically evaluated and applied modern financial evaluation techniques to development projects in the built environment with underlying analysis being informed by the wider business and capital markets areas; and illustrated advanced research and analytical capabilities to inform decision making at an advanced level
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Appraised theoretical and practical aspects of strategic management, leadership and consultancy in business organisations
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Evaluated and developed objective strategies to examine commercial and business scenarios in the form of case studies and projects related to construction project and cost management profession
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Demonstrated an understanding of the multi-disciplinary nature of the construction process, the roles and responsibilities of the construction professionals and stakeholders, and a respect for the fellow team members in terms of both diversity and cultural values
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Demonstrated an ability to present quantitative and qualitative information, together with analysis, argument and commentary, in an appropriate form to an intended audience, including appropriate acknowledgement and referencing of sources
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Demonstrated competence at an advanced level in developing independent, ethical research on an individual area of interest in construction, project and cost management by applying appropriate and ethical research methodologies to produce a dissertation
Courses
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2 weeks long, 3 hours a week
View detailsUnderstand the need for financial management in the construction industry
Which projects should a firm or individual invest their money in? How can you find out a company’s profit at the end of the year? How should this investment be financed? How can you tell how healthy a company is?
This course introduces you to the key concepts of financial management and will prepare you for more advanced study of managing finance. You will be encouraged to develop a critical understanding of the key financial questions which are faced by directors, construction and project managers of firms.
This course is for people working in or studying the built environment. This might be students, recent graduates or construction professionals engaged in construction cost and project management, civil and structural engineering, architectural technology, surveying and building services engineering.
Please note that the staff described in the ‘Who will you learn with?’ section below may be subject to change.
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2 weeks long, 3 hours a week
View detailsEvaluate the key principles and strategies of construction project management
This course is designed to provide you with a broad overview of the make-up of a project and the fundamental activities that take place in construction project management.
You will explore the life cycle of a project and the key activities within each phase. You will investigate the key steps in defining a project, including setting objectives, determining scope, identifying stakeholders and clarifying strategies.
As part of this course, you will examine the increasingly critical role of project management within construction, focusing on various international case studies.
This course is for people working in or studying the built environment. This might be students, recent graduates or construction professionals engaged in construction cost and project management, civil and structural engineering, architectural technology, surveying and building services engineering.
Please note that the staff described in the ‘Who will you learn with?’ section below may be subject to change.
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0 reviews
2 weeks long, 3 hours a week
View detailsDiscover how contemporary issues affect construction management
On this course you will consider global contemporary issues in construction management and how they affect the socio-economic development offered by the construction industry.
You will have the opportunity to learn the importance of good construction project cost management and get an introduction to common approaches to construction research, including research strategies and formulation of research questions.
You will finish the course by exploring a typical framework for a research proposal and drafting a research proposal of your own for other learners to review.
This course is for professionals and students who are involved with construction management, and project and cost management in the construction industry. It will be particularly useful to those who wish to update their research skills.
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2 weeks long, 3 hours a week
View detailsGet to grips with pre-contract management in construction
On this course you will get an introduction to pre-contract management practices for construction projects. You will have the opportunity to explore what constitutes procurement and learn the structure of the project stages (according to the RIBA Plan of Work) and how to estimate their cost.
You will also get the chance to build your knowledge of various procurement options and explore the tendering stage: addressing what elements need to be considered when preparing a Bill of Quantities (BoQ), such as taking off and working up.
This course is for students, recent graduates or construction professionals engaged in construction cost and project management, civil and structural engineering, architectural technology, surveying and building services or engineering.
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0 reviews
2 weeks long, 3 hours a week
View detailsBuild your understanding of contract management in construction
On this short course, you will have the chance to explore the contract management process in the context of construction. The course offers insight into contractual mechanisms and procedures at both pre-construction and construction stages.
During the course, you’ll have the opportunity to develop an in-depth understanding of the principles of the formation of a contract in English law, explore the rights and obligations of parties, and get to know the role of the contract administrator and project manager in a construction contract.
This course is for anyone keen to build their understanding of contract management and how to form contracts in English law.
Please note that the individuals listed below under the title ‘Who will you learn with?’ may be subject to change.
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0 reviews
2 weeks long, 3 hours a week
View detailsUnderstanding the procurement process in construction
What is procurement? How does the procurement process work? What procurement strategies are available? Find answers with this course that aims to develop your understanding procurement in the context of the construction industry.
You’ll have the chance to examine the factors that affect the choice of procurement strategy and work to develop an understanding of tendering and its application in the construction industry.
You will also have the opportunity to evaluate the principles of depreciation and the methods for calculating depreciation in a construction context.
This course is for anyone looking to gain a deeper understanding of procurement strategies and the procurement process in construction management.
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0 reviews
2 weeks long, 3 hours a week
View detailsExplore the process of strategy formation in the construction industry
Where do you expect to find your business 10, 15, or 20 years from today?
On this course, you are encouraged to depart from the present and start looking to the future of your business.
You will discover how strategy and strategic management can provide a competitive advantage in the construction industry. You will also explore different strategy theories and consider the importance of purpose, vision, and mission for your business.
This course is designed for business practitioners in construction looking to develop an understanding of business strategic management in the construction industry.
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