Construction Finance

Start Date: 02/23/2020

Course Type: Common Course

Course Link: https://www.coursera.org/learn/construction-finance

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About Course

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 Syllabus

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.

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Course Introduction

Construction Finance In this course, you will learn the basic concepts of finance for project financing including calculations and projections. You will also learn the load-bearing principles of finance and how to analyze risk. You will be able to formulate a project budget and use it as a reference for allocating costs and risks. You will also learn the difference between project finance and financing. Finally, you will be able to apply your knowledge of the subject to the project stage. Upon completing this course, you will be able to: 1. Describe the key concepts of finance for project financing 2. Use this knowledge to formulate a project budget and use it as a reference for allocating costs and risks 3. Use this knowledge to formulate a project budget and use it as a reference for allocating costs and risksProject Budgeting Project Estimating Project Project Operational Budgeting Project Commitment Computational Thinking for Decision Making Computational thinking is a critical element of decision making. In this course, we concentrate on the critical component of decision making: the optimization of decision making. We will cover various topics concerning optimization, including decision trees, binary search trees, and optimization problems. The course also focuses on the notion of good decision making decisions and the notion of "good" decision making decisions. We will discuss topics such as optimization problems, partial optimization, efficient decision making, and maximization problems.

Course Tag

Financial Modeling Project Finance Real Estate

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