Financial Management

This subject introduces students to management practices which covers both financial and organizational aspects in relation to construction project. Theis module will emphasize on the examination of resource-use systems, particularly the finances of a construction projects as well as the management of important resources in ensuring quality performance from the project staff. Students will be exposed to various terms of finance, which cover the financial information systems and capital investment.

 

Module Teaching Objective

The teaching objective of this module id to make students to understand the background, principles and practices and informations systems of financial management in relation to construction industry. This module also aim to appraise capital investment proposals in the construction industry. Moreover, to understand the management of construction organization in terms of managing the business environment, the firm and the staff.

 

Module Learning Outcome

Upon successfully completion of this module, students able to identify the appropriateness of financiual management systems for different construction projects and implement the accontancy principles and practices in examining the construction company's finances and acounts. Students will also know how to define the appropriate cost control structure and technology in ensuring tthe quality management and total quality manahement (TQM) of the entire construction performance. Students also can apply critical investment techniques in analyzing the cost & enefit for particular construction projects.

 

Not only that, students also can understand how to manipulate the sound knowledge of financial management in managing the financial aspects of the particular construction project. Moreover, students also can outline the business of construction project through proper strategic management theory and techniques. Lastly, to organize the staff's tasks, organization and leadership to enhance motivation and performance towards career progression will also be learnt by students.

Topics covered

1. Introduction to Financial Management
2. Company Finance & Accounts
3. Financial information Systems
4. Capital Investments
5. Introduction to Organization Management
6. Corporate Analysis-Construction
7. Firm Management
8. Financial Investment Appraisal

 

Assignment

This is a group assignment which require students to form maximum six (6) persons in a group and select as public listed company to carry out the five years business plan for the selected company.

Selected company: IOI corporate group