Financial Management
Lecturer:
Mr. Chang Jau Ho
Sr. Lee Wing Tey
Abstract of this subject:
The module introduces students to management practices which covers both financial and organizational aspects in relation to construction project. The module will emphasize on the examination of resource-use systems, particularly the finances of a construction project as well as the management of important resource in ensuring quality performance from the project staff. Students will be exposed to various terms of finance, which cover the financial information systems and capital investment.
Learning Objective:
- To understand the background, principles and practices and information systems of financial management in
relation to construction industry.
- To appraise capital investment proposals in the construction industry.
- To understand the management of construction organization in terms of managing the business environment,
the firm and the staff.
Learning Outcome:
Throughout the process of learning the course of Financial Management, I will be able to determine the appropriateness of financial management systems for different construction projects and implement the accountancy principles and practices in examining the construction company’s finances and accounts. Besides that, I learn to determine the appropriate cost control structure and technology in ensuring the quality management and total quality management (TQM) of the entire construction performance.This subject also teach me how to analyze the cost and benefit for particular construction project by applying capital investment techniques.It also teach me how to manage the financial aspect of the particular construction project by manipulating the sound of knowledge of financial management and apply the proper management theory and technique to outline the business of construction project.Furthermore it enhance motivation and performance of company towards career progression by organizing the staff’s tasks, organization and leadership
Course Outline:
Week 1 Topic 1: Introduction to Financial Management (Part 1)
Week 2 Topic 1: Introduction to Financial Management (Part 2)
Week 3 Topic 2: Company Finance & Accounts
Week 4 Topic 3: Financial Information Systems (Part 1)
Week 5 Topic 3: Financial Information Systems (Part 2)
Week 6 Topic 4: Capital Investments (Part 1)
Week 7 Topic 4: Capital Investments (Part 2)
Week 8 Topic 5: Introduction to Organizational Management (Part 1)
Week 9 Topic 5: Introduction to Organizational Management (Part 2)
Week 10 Topic 6: Corporate Analysis – Construction (Part 1)
Week 11 Topic 6: Corporate Analysis – Construction (Part 2)
Week 12 Topic 7: Firm Management
Week 13 Topic 8: Financial Investment Appraisal (Part 1)
Week 14 Topic 8: Financial Investment Appraisal (Part 2)
Group Assignment
Title: 5 –year Business Plan for the company of your choice.
1) Introduction with the executive summary of company including company milestone.
2) Brief write out on the company financial and marketing objective.
3) Brief write out on the company core business.
4) Overview on business operation.
5) Conclusion with recommendation.
6) Financial Highlight for 5 years – taken latest 2(two) years from annual report and forecasting for the following 3 year based on the company historical records.
7) Format of submission : One hard copy and one soft copy for presentation
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