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
Domestic fees
$1,163.47
International fees are typically 3.4 times the domestic tuition. Exact cost will be calculated upon completion of registration.
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.
- Indicates programs eligible for students to apply for Post-graduation Work Permit (PGWP).
School of Construction and the Environment
- Construction Management
Diploma Part-time
Course Offerings
Winter 2027
Below is one offering of BLDT 4050 for the Winter 2027 term.
CRN 93903
Dates
Jan 04 - Mar 31 Loading
- CRN 93903
- $1163.47 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 04 - Mar 31 | Mon, Wed | 18:30 - 21:30 | Burnaby NE01 Rm. 318 |
Duration
12 weeks
Instructor
TBD
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Please note, there is no class on February 15th and March 29th as they are statutory holidays.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.