Construction Finance (Coursera)

The final course of the specialization 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.

Course 4 of 4 in the Construction Management Specialization.

Syllabus

WEEK 1

Introduction To The Construction Finance Course

Professor Ibrahim Odeh provides an overview of the Construction Finance course, and introduces the guest speakers.

The Mathematics of Money

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.

Graded: Mathematics Of Money

WEEK 2

Real Estate Finance for Development Projects

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.

Graded: Real Estate Finance Development Projects

Graded: Feasibility Study: Estimating The Sales Price

WEEK 3

Financial Plans for Development Projects

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.

Graded: Designing and Building Commercial Real Estate

Graded: Mathematics of Money

WEEK 4

Project Finance

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.

Graded: Project Finance

Risk In Project Finance

Eduardo Gamez discusses risk in project financing outlining the different entities involved in a transaction for a project.

Graded: Risk in Project Finance

WEEK 5

Public – Private Partnerships

Karl Reichert introduces public and private partnerships.

Graded: Public Private Partnerships

Lean in Construction Financing

Sam Spata provides an overview of Lean in Construction Financing and describes how to identify and mitigate risk using Lean Project Delivery Systems.

Graded: Lean in Construction Finance

Course Wrap-up

Professor Ibrahim Odeh wraps-up the Construction Finance course and discuss the Construction Management specialization.