NPTEL Syllabus
Construction Economics & Finance Video course COURSE OUTLINE Engineering economics, Time value of money, discounted cash flow, NPV, ROR,PI, Basis of comparison, Incremental rate of return, Benefit- cost analysis, Replacement analysis, Break even analysis. Risks and uncertainties and management decision in capital budgeting. Taxation and inflation.
NPTEL http://nptel.iitm.ac.in
Civil Engineering
Work pricing, cost elements of contract, bidding and award, revision due to unforeseen causes, escalation. Turnkey activities, Project appraisal and project yield. Construction accounting, Profit & Loss, Balance Sheet, Income statement, statement, Ratio analysis. Depreciation and amortization. Working capital management, financial financial plan and multiple source of finance. International finance, Budgeting and budgetary control, Performance budgeting, appraisal through financial statements, Practical problems and case studies, Project cash flow. COURSE DETAIL
Sl. No.
Topic
N o. of Hours
1
Intro Introduct duction, ion, time time value value of money money,, rat rate e of of retu return, rn, Cash flow, flow, derivation of i nterest formulae, formulae, discounting.
03
2
Geom Geomet etric ric Gra Gradie dient nt,, Equiv Equivale alenc nce, e, Prese Present nt cos costt meth method od,, Present worth analysis.
03
3
Annua Annuall cost cost meth method od,, equ equal, al, uneq unequa ual, l, and and infinit infinite e lives lives,, Rate of return, Rate of Return comparison, cost of capital, Evaluation of alternatives.
04
4
Proje Project ct cas cash h flow, flow, Capti Captim, m, Facto Factors rs aff affec ectin ting g proje project ct cash cash flow.
05
5
Depre Deprecia ciati tion on and and Tax Tax cons conside idera rati tion ons s in alter alterna nati tive ve Replacement analysis comparisons.
03
6
Benefi t cost ratio, Public projects evaluation.
02
7
Breakeven analysis, R isk Anal ysis.
06
Coordinators: Dr. K.N. Jha Department of Civil Civi l EngineeringIIT Engi neeringIIT Delhi
8
Construction Account Basics, Debit and Credit, Ledger, and Journal.
03
9
Balance Sheet and Profit and Loss Account, Working capital.
04
10
Ratio Analysis, Financial plan and Sources of finance.
03
11
Work pricing, cost elements, Bidding and award, Earned value management, Escalation.
06
References: 1. Riggs, J.L., Bedworth, D.D., and Randhawa, S.U. (2005). Engineering Economics Tata- McGraw Hill Publishing Co Ltd. 2. Tarquin, A.J. and Blank, L.T. (1976) Engineering Economy, A Behavioural Approach McGraw Hill Book Company. 3. Taylor, G.A. (1968). Managerial and Engineering Economy. East-West Edition. 4. Thuesen, H.G. (1959). Engineering Economy, Prentice-Hall, Inc. 5. Van Horne, J.C. (1990). Fundamentals of Financial Management, Prentice-Hall of India Ltd. 6. Brigham, E.F. (1978). Fundamentals of Financial Management, The Dryden Press, Hinsdale, Illinois. 7. Kolb, R.W. and Rodriguez, R.J. (1992). Financial Management. D.C. Heath & Co. 8. Walker, E.W. (1974). Essentials of Financial Management, Prentice Hall of India Private Limited, New Delhi. 9. Wilfred, N. (1971). Accounting for the Building Trade, Hutchinson Educational, London. 10. Pilcher R. (1966). Principles of Construction Management. McGraw Hill Publishing Co Ltd. 11. Lifson, N.W. and Shalfer, E.F. (1982). Decision and Risk Analysi s for Construction Management, John Wiley & Sons. 12. Degoff, R.A. and Friedman, H.A. (1985). Construction Management, John Wiley & Sons. 13. Van Horne, J.C. (1990). Management and Policy, Prentice-Hall of India Ltd. 14. Harris, F. and McCaffer, R. (1989). Modern Construction Management. BSP Professional Books. A joint venture by IISc and IITs, funded by MHRD, Govt of India
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