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This course is part of Construction Management Specialization
Instructor: Ibrahim Odeh, Ph.D., MBA
41,729 already enrolled
Included with
(1,093 reviews)
Recommended experience
Beginner level
There is no prior knowledge that is needed; however, an understanding of simple and compound interest, financial keywords would be beneficial.
(1,093 reviews)
Recommended experience
Beginner level
There is no prior knowledge that is needed; however, an understanding of simple and compound interest, financial keywords would be beneficial.
The basic economics of the essential components in every construction project
The definition and calculation of different types of interest rates
The importance of Cash Flow Diagrams
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This course expands the knowledge of a construction project manager to include an understanding of economics and the mathematics of money, an essential component of every construction project. Topics covered include the time value of money, the definition and calculation of the types of interest rates, and the importance of Cash Flow Diagrams.
The course covers these topics in three sections. The first section focuses on the foundation of building the mathematics of money, often referred to as value of money. It also highlights the present value techniques and the internal rate of return from a construction manager point of view. The second section of the course focuses on vertical construction finance and the last part focuses on horizontal construction finance. Under the vertical construction finance, the instructor discusses real estate finance and how that has been done with more in-depth details and gives examples for students to solve with instructions. The last topic, horizontal finance, is divided into two parts. To begin, the instructor introduces vast details about public private partnership. This module highlights around three case studies about PPP projects, which would be an introduction to project financing in horizontal work. After introducing case studies, the instructor demonstrates the risks associated with construction finance. After that, similar to the previous three courses, the course finishes with emphasizing the importance of construction finance.
Professor Ibrahim Odeh provides an overview of the Construction Finance course, and introduces the guest speakers.
1 video2 readings1 plugin
Professor Ibrahim Odeh discusses the Mathematics of Money beginning with a definition of the Time Value of Money. Calculating simple and compound interest rates are covered along with distinguishing between nominal and effective interest rates. Illustrated in this module is drawing a cash flow diagram.
12 videos4 readings2 assignments1 discussion prompt
Professor Anthony Webster introduces real estate finance providing an overview of the real estate project lifecycle, a discussion on zoning code parameters, and examples of estimating the sales price of a property.
12 videos4 readings2 assignments1 discussion prompt
Professor Anthony Webster provides an in-depth look at designing and building commercial real estate by looking at financial plans. The module ends with a deep dive into decision tree analysis.
12 videos2 readings1 assignment1 discussion prompt
Professor Bob Dewing discusses project finance and provides an overview of Global Project Finance. The roles of stakeholders in project finance is reviewed in depth.
10 videos1 reading1 assignment
Eduardo Gamez discusses risk in project financing outlining the different entities involved in a transaction for a project.
3 videos1 reading1 assignment1 discussion prompt
Karl Reichert introduces public and private partnerships.
8 videos1 reading1 assignment1 discussion prompt
Sam Spata provides an overview of Lean in Construction Financing and describes how to identify and mitigate risk using Lean Project Delivery Systems.
4 videos1 reading1 assignment
Professor Ibrahim Odeh wraps-up the Construction Finance course and discuss the Construction Management specialization.
1 video1 plugin
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Reviewed on Sep 4, 2018
Great course that helped understand financing throughout construction. I'm an attorney who recently joined a housing developer, and this course really assisted my understanding of the industry.
Reviewed on Jun 2, 2019
As an architect with yet no experience on the construction industry, I value so much all the lectures. I now feel prepared to go into the sector with a better understanding.
Reviewed on May 16, 2020
It was very helpful for learning concepts like IRR, ARR, lean, risk management and simultaneously quizzes for every module is conducted. It is worth to take the course.
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Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
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