ARBE4310Construction Business Strategy and Finance

Course handbook

Description

This course presents a contemporary perspective of the skills required to manage a firm operating in the construction industry. It examines the functions of management in organisations, the structures firms use, how firms make decisions in dynamic economic environments, how firms manage their people and resources and how they respond to the needs of growing economies, cities, towns and regions. The course also evaluates how construction firms use strategies, financial management, technology, entrepreneurship and innovation to start, maintain and grow their business and enable continuity.

Availability2024 Course Timetables

Learning outcomes

On successful completion of the course students will be able to:

1. Apply business management concepts to contexts applicable in construction industry firms.

2. Evaluate the factors that impact on business decisions about allocation of organisational resources in construction (human, financial, technological, knowledge and information, capital).

3. Apply financial management principles to management issues in construction firms.

4. Develop business plans for construction companies implementing appropriate strategy, innovation and entrepreneurial concepts.

5. Use appropriate IT systems and tools to enhance construction communications to facilitate business operations.

Content

• Management principles and functions: organisational structures (hierarchies, functional, divisions, project teams), organisational behaviour, organisational systems, operations management in organisations
• Organisational processes and decision-making (IT systems, role of meetings and planning); risk and crisis management; quality management
• Managing people (HRM, equity, diversity, industrial relations), Finances, Information, Projects, Marketing, Supply Chain Management
• Strategic management: principles, innovation, entrepreneurship 
• Leadership

Requisite

This course is only available to students who are active in the Bachelor of Construction Management (Building) (Honours) [12331] or [40374] programs. If you have successfully completed ARBE4301, you are not eligible to enrol in this course.

Assumed knowledge

Candidates for this course should have a working knowledge of the construction industry's structure, processes and relationships.

Assessment items

Case Study / Problem Based Learning: Case Study 1

Case Study / Problem Based Learning: Case Study 2

Case Study / Problem Based Learning: Comparative Case Study and Business Strategic Plan

Contact hours

Semester 1 - 2024 - Singapore BCA

Semester 1 - 2024 - Callaghan

Semester 1 - 2024 - Online

Course outline

• ARBE4310 - Semester 1, 2024 (All) (PDF, 164.6 KB)