Economist of the planning and economic department of a construction organization - free course from the Russian School of Management, training, date: December 3, 2023.

An expert in the field of investment and construction projects, he has practical experience in senior positions in development companies.

Development of the project concept. Technical and economic assessment of the project. Formation of the project budget
• Investment and construction project
• The essence of the concept of an investment project
• Distinctive features of the construction project
• Life cycles of an investment and construction project
• Development and approval of a feasibility study for an investment and construction project
• Three levels of pre-investment research
• Project analysis, project viability assessment
• Factors in the external and immediate environment of the project
• Obtaining initial permitting documentation for design
• Development of urban planning documentation, analysis of the effective use of land
• Development and approval of technical specifications for design
• Assessing the effectiveness of investments taking into account risk factors
• Formation of the project budget. Calculation of project economics
• Types of budgets with increasing degrees of accuracy
• Types and methods of cost assessment
• Calculation of investment costs to form the project budget
• Structure of investment costs
• Costs of acquiring land plots
• Costs of design and survey work
• Costs for engineering infrastructure
• Social infrastructure costs
• Project management costs
• Selling expenses
• Financial expenses
• Workshop: Calculation of project investment costs, assessment of project profitability
• Economic relations in construction
• Main tasks of construction economics
• Economic features of construction in comparison with industrial economics
• Main participants in investment and construction activities
• Construction cost estimation
• Main stages of the investment phase of a construction project

Calculation of project economics. Project cost management. Increasing the economic efficiency of the project
• Peculiarities of pricing in construction.
• Estimation of the cost of design and survey work. Basic regulatory documents.
• Estimation of construction costs. Basic methods of cost calculation.
• Integrated calculation of construction costs based on analogous objects.
• Project cost management.
• Cost management in the project management system.
• Basic principles of cost management.
• Relationship between project management and investment management.
• Cost planning at the stage of implementation of the investment project.
• Drawing up estimates based on working documentation.
• Cost structure of construction products. The economic meaning of the estimated cost.
• Plan-factor analysis of construction costs to assess economic indicators.
• Negotiated construction price.
• Contracts as a cost management tool.
• Formation of a contract price for construction.
• Features of construction contracts.
• Types of construction contracts.
• Conducting tenders to select work performers.
• Trading as a cost management tool.
• Bidding procedure.
• Criteria for selecting the winning bidder.
• Increasing the economic efficiency of construction.
• Selection of the most effective design solution. Main key indicators.
• Optimization of direct construction costs.
• Effective methods to reduce construction costs.

Financial and technical supervision
• The main goal of the investment and construction project
• Extracting maximum profit from a land asset by creating inseparable improvements and added value
• Main tasks of financial and technical control
• Checking compliance with financial regulations (compliance with legislation)
• Protecting the interests of the owner
• Project budget
• Planning of Project income and expenses by cost items and corresponding time periods
• Budget classifier
• Workshop: Example of a budget classifier
• Financial control
• Control over the use of budget funds
• Responsibility for violation of the law
• Control over the intended use of funds
• Analysis of business transactions, internal audit
• Regulatory framework. Review of first and second level documents
• Checking compliance with financial discipline, incl. cash register
• Control of budget execution by cost items
• Monitoring the implementation of the financing schedule
• Workshop: Classification of violations identified during financial control
• Technical control
• Basic regulatory, organizational and technological documents
• Main areas of control: cost, timing, quality, volumes
• Incoming control of project documentation
• Quality control of used building materials and structures
• Operational control over compliance with work technology
• List of types of work subject to control
• List of technical and executive documentation
• Acceptance of completed work in accordance with the approved project
• Justification of additional work. Required list of documentation
• Planning of material and technical resources
• Construction cost structure
• Direct and indirect costs
• Cost of materials, wages
• Overheads and estimated profit.
• Workshop: Cost calculation for the production of construction products using the resource method
• Matrix of interaction within the framework of financial and technical control within the framework of the implementation of the investment Project
• List of company divisions and competencies. Key figures
• Formation of a project team with task setting
• Procedure for approving construction contracts
• The procedure for approving completed work
• Electronic document management

Effective cost planning for a construction project during a crisis
• Crisis phenomena in the construction industry. Dynamics and trends in the development of the construction industry in times of crisis. Features of construction as an industry. Industry dynamics and trends in times of crisis. Competition in the construction market: who will remain. Restructuring of companies. Risks of construction projects and conditions of uncertainty. How to avoid overwhelming stress: choosing projects.
• Pre-investment Assessment of a construction project. The concept of cost estimation taking into account the life cycle of a construction project. Project cost diagram. Analysis of the effective use of land, development of the Project concept. Analysis of investment opportunities and economic feasibility of the Project. Modeling of investment risks.
• Project cost planning.
• The main methods of estimating costs: preliminary, factorial, approximate, final, actual.
• Cost planning using the “top-down” method: from the cost of analogue objects to the cost of elemental indicators of the cost of resources.
• Cost planning using the “bottom-up” method: from the cost of resources to the cost of the object.
• What does the estimated cost of a capital construction project mean? What does it consist of? What is the connection with cost planning for the Project?
• Drawing up a construction project budget with an increasing degree of accuracy.
• Workshop: Preliminary cost assessment of the Project (costing).
• Planning the cost of design and survey work. Types of survey work. How to determine the scope of survey work. Estimation of the cost of survey work using the Collections of basic prices using an example. Development of project documentation. Initial data. Composition of sections of project documentation. Estimation of the cost of design work. Methods for calculating design costs.
• Workshop: An example of calculating the cost of designing a housing and civil facility.
• Workshop: An example of calculating the cost of designing a linear object.
• Calculation of construction costs based on analogous objects. Initial data for calculation. Integrated construction price standards. Construction cost guides.
• Workshop: Example of cost calculation based on an analogue object.
• Calculation of the cost of housing construction projects.
• Calculation of the cost of Social Facilities.
• Calculation of the cost of construction of utility networks.
• Calculation of the cost of road construction and improvement.
• Cost calculation for construction and installation works (construction and installation works). The concept of individual prices for construction products. Direct and indirect costs as part of construction and installation work, methods for optimizing costs. Standard prices and market value of work.
• Workshop: Preparation of cost calculations using the resource method per unit of construction products.