Base Knowledge
Basic knowledge of economy and construction
Teaching Methodologies
In Theoretical-Practical classes, the expository and inquisitive method is used when explaining theoretical subjects and exercises are solved in groups and individually. Students will also perform practical work to consolidate and assess the acquired knowledge. In the Tutorial classes, emphasis is placed on methodologies that allow the development of autonomous work and the consolidation of skills and group learning. Students will be monitored by clarifying doubts, solving exercises and guiding the practical work.
Specialists will be invited to give seminars, and study visits will be conducted.
The teaching method aims at developing specific operational skills, so the students will be directed to the group work to be developed. In addition, simple IT tools will be made available that will be applied in developing practical work related to a case study.
Learning Results
The course aims to introduce students to the subjects currently generically known as Economic Engineering and support for the analysis and evaluation of projects, a situation in which they will undoubtedly be confronted during their professional practice. Concepts and methodologies used in the assessment of enterprises from a business perspective will be introduced, namely, those related to financial mathematics, methods of economic evaluation and risk analysis. Complementarily, concepts and matrices of strategic analysis are introduced, as well as the influence of marketing aspects in the enterprises. In order to provide students with assessment tools in a multidimensional perspective of projects, multi-attribute analysis methodologies are also presented.
Program
1. Investment analysis
Construction time and savings
Economic engineering
Types of investment projects
Economic evaluation in construction projects
Treatment of price changes
Fixing the study period
Refresh rate selection
Strategic analysis of projects
Sales and marketing forecast
Risk and uncertainty analysis
2. Financial assessment:
Basic Concepts and Definitions
Treasury Flow Diagram (Cash-Flow)
The Time Value of Money – Time Preference
Swear
Interest rate i
Capitalization
Capitalization Period
Capitalization Schemes: Simple and Compound Interest Nominal Rate, Effective Rate, Real Rate,
Time Equivalence: Capitalization and Update
3. Methods of Financial Valuation and Selection of Enterprises VAL, IRR, Pay-Back
Analysis of the Dead Spot (Breakeven)
4. Cost-Benefit Assessment
5. Life Cycle Cost Assessment
6. Property Valuation:
7. Multi-criteria analysis and decision support methodologies
Internship(s)
NAO
Bibliography
Coutinho-Rodrigues, J. (2012) Gestão de Empreendimentos – A Componente de Gestão da Engenharia, 2a ed., Ediliber
Farr, J.; I.Faber (2018). Engineering economics of life cycle cost analysis. CRC Press.
Martland C. – Toward (2012) More Sustainable Infrastrusture: Project Evaluation for Planners and Engineers.
L. Saias; R. Carvalho; M. C. Amaral, (2006), Instrumentos Fundamentais de Gestão Financeira, Univ. Católica Editora.
Martins, Rogério, (2018), Calculo Financeiro – Teoria e Pratica, , Escolar Editora.
J. Soares; A V. Fernandes; A A Marvão; J. P. P. Marques, (2006), Avaliação de Projectos de Investimento na Óptica Empresarial, Edições Silano.
Isabel Soares, José Moreira, Carlos Pinho, João Couto, (2015), Decisores de Investimento – Analise Financeira de Projectos, Edições Silano
Project Management Institute (2017). A Guide to the Project Management Body of Knowledge (Pmbok Guide) PMI