An Introduction to Financial Management in Construction

Understand 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.

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.

• Evaluate the importance of financial management in the construction industry
• Identify the role of construction and project managers in managing project finances
• Evaluate basic accounting conventions and principles which guide the preparation of financial statements