British Columbia Institute of Technologywww.bcit.ca/study/courses/bldc2150

Important Notice: COVID-19 Institute response

BCIT

BLDC 2150 - Introduction to Construction Economics

Building Construction Part-time Studies Course

School of Construction and the Environment

BCIT is planning for a substantial return to on-campus activity for the Winter 2022 term as informed by BC Provincial Health Officer guidelines. Refer to each course listing for details.

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.

Credits

3.0

Cost

$545.63

Winter 2022

Below is one offering of this course for the Winter 2022 term.

CRN 87511

Fri Jan 07 - Fri Mar 25 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 07 - Mar 25 Fri 18:30 - 21:30 BBY NE01 Rm. 216

Instructor

David Ngai

Course Outline

Cost

$545.63

This course offering is in progress. Please check back next term, subscribe to receive email updates or contact us with your comments or questions.

In Progress

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

BLDC 2150 is offered as a part of the following programs:

School of Construction and the Environment

  1. Architectural and Building Technology
    Part-time   Certificate
  2. Building Construction Technology
    Part-time   Associate Certificate
  3. Building Design and Architectural CAD
    Part-time   Associate Certificate

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English Language Proficiency

BCIT's Part-time Studies English Language Proficiency Standard is English 12 (or equivalency). Students who do not meet this requirement should upgrade their English skills prior to any future registration.

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