AF1742 Business Economics and Quality Systems 7.5 credits
This course will be discontinued.
Last planned examination: Spring 2025
Decision to discontinue this course:
The course is discontinued at the end of the spring semester 2023 accordning to Head of school decision A 2023-0905, 3.2.2
Decision date: 2023-05-23
Content and learning outcomes
Course contents
- Product costing and capital budgeting
- Corporate forms
- Organisational principles
- Corporate cultures in the building trade
- Quality systems in construction management
- Life cycles analysis
- The role of quality assurance systems in achieving sustainable construction
Intended learning outcomes
Upon completion of the course, students will:
- describe the economics, organisation, and environment of a construction company
- be able to calculate the effects of tied-up capital on construction operations
- be able to prepare capital investment appraisals using various methods (present value, annual repayment, etc.)
- be able to use several models for cost-benefit and income analyses and their application in construction operations, using calculation tools
- describe how quality assurance systems are used in construction management
Literature and preparations
Specific prerequisites
Recommended prerequisites
Equipment
Literature
Examination and completion
If the course is discontinued, students may request to be examined during the following two academic years.
Grading scale
Examination
- PRO1 - Project, 2.0 credits, grading scale: P, F
- TEN1 - Examination, 5.5 credits, grading scale: A, B, C, D, E, FX, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
PRO1 is an individual assignments during the placement period. The student shall use available documents and carry out interviews with the persons in charge with the objective to find out how the work with calculations, purchasing, logistics and deliveries is organized and implemented. The written report shall describe how work on a construction site is monitored and followed up, and how the work to ensure a sustainable use of resources and time is carried out.
TEN1 is a written exam.
Opportunity to complete the requirements via supplementary examination
Opportunity to raise an approved grade via renewed examination
Examiner
Ethical approach
- All members of a group are responsible for the group's work.
- In any assessment, every student shall honestly disclose any help received and sources used.
- In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.