| |
May 03, 2024
|
|
|
|
|
2022-2023 Catalog [ARCHIVED CATALOG]
|
BCOM 208 - Construction Business Management
PREREQUISITES: Demonstrated competency through appropriate assessment or earning a grade of “C” or better in ENGL 093 - Introduction to College Writing and ENGL 083 - Reading Strategies for College , or ENGL 095 - Integrated Reading and Writing , or ENGL 075 - Co-Requisite Integrated Reading & Writing ; and BCOM 115 - Introduction to Building Construction Management .
PROGRAM: Building Construction Management
CREDIT HOURS MIN: 3
LECTURE HOURS MIN: 3
DATE OF LAST REVISION: Spring, 2016
Students gain knowledge and understanding of the business management functions in the construction industry and describe the functions of managers, including the management of activities, finances, business development, and personnel. The course focuses on application of guiding principles in construction management. It introduces the basic principles of accounting including debit and credit, balance sheets and income statements. In addition, it addresses marketing in relation to market analysis, plans and acquisition of work.
MAJOR COURSE LEARNING OBJECTIVES: Upon successful completion of this course the student will be expected to:
- Define management, managers, and the basic management functions.
- Evaluate classical, behavioral, and quantitative management theory, as well as identify and describe contemporary management perspective.
- Describe the five “Basic Management Functions” and discuss their importance to the construction process.
- Explain the strategic planning process and the process of strategy implementation.
- List, describe, and apply the steps in the decision making process.
- Discuss various forms of scheduling.
- Discuss how organizational activities are coordinated and describe the management of organizational conflict.
- Assess the nature of motivation and describe motivational techniques and programs.
- Recognize and relate the importance of the marketing concept to the competitive market.
- List and describe the key functions of “Marketing and Estimating” as they are related to the five “basic management functions.”
- Define certain business accounting terms and explain how selected business transactions affect the business entity, using the accounting equation.
- Describe the nature of the income statement, and the balance sheet.
- Display knowledge of depreciation methods and procedures.
- Evaluate risk and its impact on financial decision-making.
- Evaluate the effects of short and long-term borrowing.
- Evaluate business marketing strategies and understand the value they add.
COURSE CONTENT: Topical areas of study include -
- Marketing
- Financial statement development
- Risk evaluation
- Debt versus equity capital
- Ethics
- Short and long term borrowing
- Planning
- Decision making
- Organizing
- Market strategies
- Leading
- Marketing process
- Controlling
- Team building
- Motivating
- Interpersonal skills
Course Addendum - Syllabus (Click to expand)
|
|
