Apr 21, 2019  
PUBLISHED 2018-2019 Credit Catalog 
    
PUBLISHED 2018-2019 Credit Catalog

CIVL 356 - Construction Economics


Course Description
The objective of Construction Economics is to enable the decision-maker to make more informed decisions about the financial viability of a project and account for the economic impact of choices made in the design and construction phases of a project. Students will complete an economic analysis of project alternatives using present worth, capitalized cost and rate-of-return evaluation; assess the feasibility of alternatives based on benefit/cost and break even analysis; prepare a cost analysis of a building project using elemental analysis, life-cycle costing and a budgetary cost control system; and examine contractors’ cost control systems.

3 credits

Equivalent Course(s):
  • CIVL 367

© 2015-2018, Southern Alberta Institute of Technology (SAIT). All Rights Reserved.