PMT 721 Economics for Project Management

Financing, cost planning and control are addressed in depth. In the course, the physical factors affecting the value of real property, methods of budget determination, quantity and scope of work estimation, elemental cost analysis and determination, and planning, scheduling and control are explored. These are considered in the programming, planning and approvals stages of developments, and are applied to a range of ownership options and building types. Tools and techniques for building programming, decision-making, implementation control and life cycle costing will be evaluated. Lect: 3 hrs. Course Weight: 1.00 Billing Units: 1

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