The structure of the AEC industry is examined from the perspective of the shareholders and stakeholders of a design, management or construction firm. The application of tools essential for the effective management of resources in a firm is considered. Principles of business negotiations as they apply to scope of work, professional fees and value for services are also considered. Students are exposed to fundamental theories of ethics encountered in professional practice. Lect: 3 hrs. Course Weight: 1.00 Billing Units: 1