Construction Finance II
Analyze the complexities of project financing, including risk analysis, public-private partnerships, and lean project delivery systems.
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Course Description
- Equip construction project managers with knowledge of economics and mathematics of money for every construction project.
- Cover topics such as time value of money, interest rates, and cash flow diagrams.
- Establish the foundation of the mathematics of money from a construction manager's perspective, including present value techniques and internal rate of return.
- Focus on real estate finance, provide examples for learners to solve, and discuss public-private partnerships and construction finance risks to improve decision-making abilities for construction project managers.
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 course, learners will be able to:
Comprehend the definition of time value of money and distinguish between nominal and effective interest rates.
Calculate simple and compound interest rates for financial planning purposes in commercial real estate projects.
Understand the roles of stakeholders, including public and private partnerships, in project finance for construction projects.
Analyze risks in project financing, identify entities involved in transactions, and implement Lean Project Delivery Systems to mitigate risks in construction finance.
Course Outline
Module 1: Introduction to Construction Finance
Module 2: Project Finance
Module 3: Risk In Project Finance
Module 4: Public-Private Partnerships
Module 5: Lean in Construction Financing
Module 6: Course Wrap-up
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 instructors or course assistants actively monitoring this course.