BCN 4753: Construction Finance and Cost Controls
Course Description for Construction Finance and Cost Controls
Construction Finance and Cost Controls
Prerequisite: All program prerequisites should be completed prior to taking this course.
Description: Students in this course examine the financial environment of a contracting company. They study the financial impact of decisions made at all levels in the contracting firm including comparative cost analysis. Students also analyze the process, practice, and theory of cost controls. Students compare financial and cost control management techniques and the effect of these practices on the firm in relation to profit, profit margin, cash flow, bidding, capital equipment, procurement practices and budgeting. The course also covers the nature of construction costs, funding sources and arrangements, and capital requirements.