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Syllabus for

Academic year
IBB152 - Building economics and management
Syllabus adopted 2012-02-22 by Head of Programme (or corresponding)
Owner: TKVOV
7,5 Credits
Grading: TH - Five, Four, Three, Not passed
Education cycle: First-cycle
Major subject: Civil and Environmental Engineering

Teaching language: Swedish
Block schedule: LA

Course module   Credit distribution   Examination dates
Sp1 Sp2 Sp3 Sp4 Summer course No Sp
0109 Project 3,0 c Grading: UG   3,0 c    
0209 Examination 4,5 c Grading: UG   4,5 c   21 Oct 2013 pm V,  13 Jan 2014 pm V,  25 Aug 2014 pm V

In programs

TKVOV CIVIL ENGINEERING, Year 2 (compulsory)


Univ adjunkt  Sven Gunnarsson


IBB151   Building economics and management

Course evaluation:


For single subject courses within Chalmers programmes the same eligibility requirements apply, as to the programme(s) that the course is part of.

Course specific prerequisites

Course "Building in society" (VBF051) or equivalent. Language of instruction is Swedish.


The aim of this course is to enhance the students’ knowledge of how economic and organizational aspects influence businesses within the construction industry. The purpose is also to introduce concepts and models that are used in companies to facilitate fundamental business-related and administrative decision-making. In addition the course aims at increasing the students’ communicative skills.

Learning outcomes (after completion of the course the student should be able to)

  • have knowledge on the construction process, stakeholders and contractual conditions and how these interrelate

  • apply basic organisation theories in a building industry context  

  • apply and understand assumptions behind economic and business administration concepts and models

  • use cost benefit analysis and investment calculus methods for short and long term decision making

  • know basic methods for purchasing, logistics and production control in construction.

  • apply project management tools

  • apply IT-based tools to carry out cost estimations

  • develop skills to describe, analyse, compare and discuss economic and organisational aspects that affect businesses in the building industry

  • develop writing and presentation skills

  • Content

    Business and its environment  - regards aspects related to annual reporting and business ratio, market conditions and stakeholders, contractual issues, and regulations.
    Organisation and management - regards basic theories and principles related to business concepts and goals, strategies, organisational structure, and management. 
    Economic control and cost benefit analysis - regards basic economic concepts, methods and models.
    Investments and investment calculus - regards investment decisions and different investment calculus models. Specific focus on profitability calculation and life cycle cost analysis.
    Production control and planning - regards basic aspects related to purchasing and production control during the construction phase.
    Project management- regards project management practice and methods used in the building industry.


    Teaching is carried out through lectures, consultations and project assignments. Lectures provide an overview, link sections to each other and connect general business administration literature with the building industry. The consultations support the students learning of cost benefit analysis, investment calculus methods and project management techniques.  The course has elements of language and communication why the project assignments are supervised by teachers from both the division of Construction Management and from Fackspråk och kommunikation.


    Literature, see course homepage.


    The final grade is based on the combined result from a written exam and from project assignments.

    Page manager Published: Mon 28 Nov 2016.