Construction Finance I
Enhance your knowledge of real estate finance, financial plans for development projects, and the mathematics of money.
Modules/Weeks
Weekly Effort
Discipline
School
Format
Cost
Course Description
- Develop a comprehensive understanding of economics and the mathematics of money crucial for construction project managers through the Construction Finance series.
- Master time value of money, interest rate calculation, and Cash Flow Diagrams, establishing a solid foundation in present value techniques and internal rate of return from a construction manager's perspective.
- Explore vertical construction finance, including real estate finance, and practice solving examples to gain practical skills.
- Examine horizontal construction finance, encompassing public-private partnerships, project financing, and associated risks.
Course Prerequisites
- Prior understanding of simple and compound interest, financial keywords, and fundamental knowledge of Microsoft Excel
- Familiarity with concept of public private partnership
What You Will Learn
By the end of this Construction Finance I course, learners will be able to:
Demonstrate a comprehensive understanding of the economics and mathematics of money, essential components in successful construction projects.
Apply knowledge of the time value of money, interest rate calculation, and financial plan concepts for building commercial real estate.
Analyze the roles of stakeholders in project finance and distinguish between public and private partnerships while assessing risks in project financing.
Understand Lean Project Delivery Systems and implement strategies to mitigate risks in construction finance.
Course Outline
Module 1: Introduction to Construction Finance
Module 2: The Mathematics of Money
Module 3: Real Estate Finance for Development Projects
Module 4: Financial Plans for Development Projects
Instructors
Ibrahim S. Odeh is a Senior Lecturer in the Discipline of Construction Management, Strategy, and Business Development in the Department of Civil Engineering and Engineering Mechanics. His research and studies are focused on providing strategic management assignments for construction firms, including infrastructure and construction market analysis, market entry strategy, and future trends in the construction market. His work has assisted several companies in making decisions to enter new geographical locations, expand into new markets, and differentiate firms during the pre-bidding process on mega projects. Odeh joined the World Economic Forum (WEF) in 2017 as an official industry expert in Engineering and Construction. He has worked on research and consulting projects with leading firms and institutions such as Boston Consulting Group, Skanska, and AECOM. Odeh has also led a specialization in Construction Management on Coursera, which has educated thousands of people worldwide. He received his Ph.D. in Civil Engineering with a focus on Construction Management from the University of Illinois at Urbana-Champaign and an MBA degree with an emphasis on Finance from Minnesota, USA. Odeh serves on several advisory boards and committees, including the World Economic Forum and Columbia University Middle East Research Center.
Please note that there are no faculty and course assistants actively monitoring this course.