Course Overview
This course covers economic factors affecting development and construction, principles of land development, valuation techniques for real property, cost planning and control, cash flow analysis, and feasibility analysis of land development. Its primary focus is to present project management techniques currently used in the construction industry. Lecture topics introduce the fundamentals of various management procedures used by contractors. Labs are structured to demonstrate the practical application of the lecture material.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
6.0
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Analyze the profitability of an investment in real property
- Prepare a cash flow statement and pro-forma for a land development project.
- Assist in taking a project through the development permit, rezoning, and subdivision processes.
- Describe the role of a project manager within a construction company.
- Prepare bids, subcontracts, and purchase orders.
- Monitor overall project performance in terms of scope, time, cost and quality.
- Prepare and update cost reports.
- Integrate schedule and construction costs.
- Identify the main categories of risk that exist within construction projects and implement a system for managing those risks.
Effective as of Winter 2026
Related Programs
Construction Economics (BLDT 4050) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Construction and the Environment
- Construction Management
Diploma Part-time
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.