Constructions Projects Evaluation

In Theoretical-Practical lessons both expository and inquisitive method are used. Besides that, practical
exercises are solved either in groups or individually.
The students will also work practical group assigments whose main objectives are to consolidate and assess
the knowledge acquired.
In Tutorial sessions, a methodology based on skills and group learning (teamwork), is used. In addition, students
will be supervised, through the clarification of theoretical doubts, exercises resolution and general guidance
over the practical assignment. Experts will be invited to give seminars, and field trips will be held whenever
possible.

The main aim of the course is to introduce students to the field of Economic Engineering, which support the
analysis and evaluation of construction projects, a situation that will certainly be faced during their professional
practice.
The concepts and methodologies used to assess the developments in the construction business, will be
introduced, particularly those related to financial mathematics, methods of economic evaluation and risk
analysis. The concepts of strategic analysis as well as the influence of the marketing aspects in such projects,
will also be present.
In order to provide the students with proper assessment tools in a multidimensional perspective of those
projects, multiattribute analysis methodologies are also tought.

I.Scope of investment analysis
II. The need for methods of economic evaluation in the construction
III. Treatment of price changes
IV. Fixing of the study period
V. Estimation of costs and benefits
VI. Taxation in the analysis of decisions and projects
VII. Financing a project
VIII. Strategic analysis of projects;
IX. The marketing and sales forecast in the management of enterprises.
X. Financial evaluation:
1. Basic Concepts and Definitions
2. Methods for Financial Evaluation and Selection of Projects
a. The Basic Goal: Maximizing the Net Benefits
b. Method Net Present Value (NPV)
c. Method Internal Rate of Return (IRR)
e. Method of Pay-Back
f. Method of Ratios Benefit / Cost
g. Analysis of Breakeven
XI. Property Valuation
1. Cost, Price and Value
2. Evaluation Methodology
3. Homogenization of values
4. Assessment Methods
5. depreciation
I. Multidimensional assessment

NAO