Course details
The course is a basic introduction to the concept of the time value of money using simple rates of return, interest rates and types, and decision criteria. Pricing techniques and methodology are introduced as part of the estimating process and bid preparation. Various forms of budget pricing are introduced which lead to a more detailed study of elemental analysis.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
3.0
Cost
$519.05 - $571.11 See individual course offerings below for actual costs.
Course offerings
Spring/Summer 2023
Below is one offering of BLDC 2150 for the Spring/Summer 2023 term.
CRN 57704
Duration
Fri May 26 - Fri Aug 11 (12 weeks)
- 12 weeks
- CRN 57704
- $519.05
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| May 26 - Aug 11 | Fri | 18:30 - 21:30 | Online |
Instructor
David Ngai
Course outline
Cost
$519.05
Important information
- Internet delivery format.
Status
In Progress and Full
This course offering is in progress and full. Please check this page for other currently available offerings, subscribe to receive email updates or contact us with your comments or questions.
Fall 2023
Below is one offering of BLDC 2150 for the Fall 2023 term.
CRN 34890
Duration
Fri Sep 08 - Fri Nov 24 (12 weeks)
- 12 weeks
- CRN 34890
- $571.11
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 08 - Nov 24 | Fri | 18:30 - 21:30 | Burnaby NE01 Rm. 403 |
Instructor
TBD
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Cost
$571.11
Status
Learning Outcomes
At the end of this course the student will be able to:
- Recognize the relationship between interest rates and the time value of money.
- Calculate present and future value problems.
- Evaluate and rank various investment opportunities.
- Assemble key financial components and prepare a pro-forma statement.
- Convert material quantities to final estimate costs by applying pricing techniques and methodology.
- Describe crew assembly, and develop corresponding crew rates.
- Generate unit prices for applicable tender requirements.
- Identify the process of final tender assembly and preparation.
- Distinguish various budget pricing techniques and their applications.
- Carry-out the steps involved in completing an elemental analysis of particular project.
Effective as of Fall 2007
Related Programs
Introduction to Construction Economics (BLDC 2150) is offered as a part of the following programs:
School of Construction and the Environment
- Architectural and Building Technology
Certificate Part-time
- Building Construction Technology
Associate Certificate Part-time
- Building Design and Architectural CAD
Associate Certificate Part-time
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Programs and courses are subject to change without notice.