Course Details

Investment Construction

Academic Year 2025/26

NVB056 course is part of 1 study plan

​ NPC-SIE Winter Semester 2nd year

Course Guarantor

prof. Ing. Jana Korytárová, Ph.D.

Institute

Institute of Structural Economics and Management

Language of instruction

Czech

Credits

5 credits

Semester

winter

Forms and criteria of assessment

course-unit credit and examination

Offered to foreign students

Not to offer

Course on BUT site

https://www.vut.cz/en/students/courses/detail/295779

Lecture

13 weeks, 2 hours/week, elective

Syllabus

  • 1. Life cycle of a building project, phase, activities, documents
  • 2. Feasibility study of private investment projects (case study of the development project)
  • 3. Feasibility study of public investment projects (case study of transport infrastructure project)
  • 4. Financing of investment projects incl. program financing ISPROFIN - EDS / SMVS
  • 5. Methods of evaluating the economic efficiency of construction projects, the determination of discount rate
  • 6. Risk analysis in investment decision making, concept and risk classification
  • 7. Sensitivity analysis, qualitative and quantitative risk analysis in investment decision making
  • 8. Risk management process, identification, analysis and recommendation for its reduction / elimination
  • 9. Investment project portfolio management, process models
  • 10.Postaudit of projects, retrospective analysis and evaluation

Exercise

13 weeks, 1 hours/week, compulsory

Syllabus

  • 1. Basic terms, relationships and calculations in the field of economy of investment.
  • 2. Developer project, assignment, work with input variables.
  • 3. Developer project, creation of economic model, net cash flow (NCF), determination of WACC discount rate.
  • 4. Developer project, calculations of economic efficiency indicators, basic evaluation.
  • 5. Public project according to individual assignment (transport infrastructure, public building), setting of input variables.
  • 6.-7. Public project, creation of financial and economic cash flows, calculations of economic efficiency indicators.
  • 8. Sensitivity analysis of project indicators to change of input quantities.
  • 9. Risk taking into account in the calculation of economic efficiency indicators, quantitative and qualitative analysis.
  • 10. Final test, credit.