An Introduction to Financial Management in Construction

Explore financial management and accounting conventions and their importance in the construction industry and other sectors.

An Introduction to Financial Management in Construction

Course Description

Understand the need for financial management in the construction industry Which projects should a firm or individual invest their money? 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 technolog... Read More »

Understand the need for financial management in the construction industry

Which projects should a firm or individual invest their money? 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.

Read Less
Course Outcomes:
  • 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

DON'T HAVE TIME?

We can send you everything you need to know about this course through email.
We respect your privacy. Your information is safe and will never be shared.