DA6027 - Commercial Management

What will I learn on this module?

You will learn about the principles of the financial and legal management of construction projects during the construction phase. You will become able to monitor, report and defend project cashflows and profitability to the construction team, and critically evaluate and advise on financial implications of decisions during the construction phase. You will gain an understanding of the nature of risk and its effect on the management of a project. You will explore topics such as:
• Principles of the financial and legal management of construction projects during the construction phase
• Customer contract administration
• Applications for Payment by the contractor to the Client
• Customer contract change management
• Customer final account process and procedure
• Sub-Contractor Applications for Payment to the contractor
• Subcontract / consultant contract administration
• Subcontract / consultant final account process and procedure
• Key risks and mitigation controls associated with the project location and project team
• Impact of project risks on the commercial position

How will I learn on this module?

Most of your learning on this Degree Apprenticeship module will be in your workplace. You will gain a theoretical understanding of the topics through live (online or face-to-face) university sessions and online resources such as recorded lectures, videocasts, podcasts, electronic books, journal articles and websites. Your involvement in construction quantity surveying tasks will enable you to put the theory into context, thereby cementing your understanding. You will agree with your Workplace Mentor a Module Learning Plan (MLP) designed to achieve the Module Learning Outcomes via a series of directed workplace learning activities, such as shadowing a colleague, visiting a site or producing a poster.

The module will typically span 11 weeks, with scheduled or directed activities each week, and one piece of summative assessment submitted in week 12 or 13. This may also be supplemented with up to one day of face-to-face interaction, if appropriate, at Northumbria University or a regional hub. The module will include around 11 hours of ‘Seminars’ (synchronous classroom and online delivery via Blackboard Collaborate), 7 hours of ‘Lectures’ (asynchronous online delivery via Blackboard or Blackboard Collaborate), 2 hours of ‘Tutorials’ (1-to-1 support from Workplace Mentor and Workplace Coach), and 40 hours of workplace learning activities. The remaining hours in the Notional Student Workload for the module are attributed to independent learning, with the estimated ratio of tutor-guided to student independent learning at 1:2, as appropriate for a Level 6 module.

How will I be supported academically on this module?

Your Module Tutor(s) will deliver an online module induction session and lead live sessions that enable you to interact with your tutor and peers. They will provide and direct you to essential and recommended online resources available via the University’s eLearning Portal and University Library. Outside of live sessions, they will provide advice and respond to questions via the eLearning Portal.
Your Workplace Mentor will support you in developing your Module Learning Plan. You will be provided with a guidance document that outlines the principles of workplace learning and provides examples of a large and diverse range of potential workplace learning activities. You may also discuss your Module Learning Plan with your Workplace Coach.

What will I be expected to read on this module?

All modules at Northumbria include a range of reading materials that students are expected to engage with. The reading list for this module can be found at: http://readinglists.northumbria.ac.uk
(Reading List service online guide for academic staff this containing contact details for the Reading List team – http://library.northumbria.ac.uk/readinglists)

What will I be expected to achieve?

Knowledge & Understanding:
MLO1: Demonstrate advanced knowledge and understanding of the principles of the financial and legal management of construction projects during the construction phase

MLO2: Critically evaluate risk and its effect on the management of a project

Intellectual / Professional skills & abilities:
MLO3: Monitor, report and defend project cashflows and profitability to the construction team. Critically evaluate and advise on financial implications of decisions during the construction phase

Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA):

MLO4: Demonstrate professional behaviours as relevant to the context of this module

How will I be assessed?

You will be formatively assessed by the completion of the workplace learning activities identified in your Module Learning Plan. You will receive informal, often verbal, formative feedback from your Workplace Mentor, and sometimes from other colleagues and your Workplace Coach. You will also have the opportunity for formative feedback from your module tutor(s), particularly during the assessment guidance sessions.

Your summative assessment will provide you with the opportunity to translate your workplace learning into a coherent output that demonstrates that you have achieved the module learning outcomes.

This will be in the form of a 10-page project case study portfolio of annotated project cashflows and profitability and your critical evaluation and recommendations on the financial implications of decisions during the construction phase.

Pre-requisite(s)

N/A

Co-requisite(s)

N/A

Module abstract

This module is an integral part of your Degree Apprenticeship programme, designed in collaboration with employers to meet the requirements of the Construction Quantity Surveyor Apprenticeship Standard and provide a solid skills base for career progression and professional qualification in the construction industry.

Your will learn about financial and legal management of construction projects during the construction phase. You will become able to monitor and defend project cashflows and profitability to the construction team, and critically evaluate and advise on financial implications of decisions during the construction phase. You will gain an understanding of risk and its effect on the management of a project.

You will gain theoretical understanding through university sessions and online resources but as a Degree Apprentice, you will do most of your learning in the context of your role in the construction industry via a series of workplace learning activities agreed with your Workplace Mentor.

Course info

Credits 20

Level of Study Undergraduate

Mode of Study 4 Years Part Time

Department Architecture and Built Environment

Location Various Locations

City Newcastle

Start September 2021 or September 2022

Fee Information

Module Information

All information on this course page is accurate at the time of viewing.

Courses starting in 2021 are offered as a mix of face to face and online learning. We continue to monitor government and local authority guidance in relation to Covid-19 and we are ready and able to flex accordingly to ensure the health and safety of our students and staff.

Contact time is subject to increase or decrease in line with additional restrictions imposed by the government or the University in the interest of maintaining the health and safety and wellbeing of students, staff, and visitors, potentially to a full online offer, should further restrictions be deemed necessary in future.

Our online activity will be delivered through Blackboard Ultra, enabling collaboration, connection and engagement with materials and people.

 

Current, Relevant and Inspiring

We continuously review and improve course content in consultation with our students and employers. To make sure we can inform you of any changes to your course register for updates on the course page.


Your Learning Experience find out about our distinctive approach at 
www.northumbria.ac.uk/exp

Admissions Terms and Conditions - northumbria.ac.uk/terms
Fees and Funding - northumbria.ac.uk/fees
Admissions Policy - northumbria.ac.uk/adpolicy
Admissions Complaints Policy - northumbria.ac.uk/complaints