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Front Page > Archived Education > Mechanical and Production Engineering (I-KT) > 2013 > Year 4 > Project Cost Control (IKTS2112)

Project Cost Control

Structure Type: Study unit
Code: IKTS2112
Type: Optional obligatory / Professional Studies
Curriculum: I-KT 2013
Level: Bachelor of Engineering
Year of Study: 4 (2016-2017)
Credits: 5 cr
Responsible Teacher: Saarikoski, Lotta
Language of Instruction: Finnish

Learning Outcomes

The sudent understans the methods of managing project economy. He can make investment calculations for projects.

Student's Workload

Total work load of the course: 135 h
- of which scheduled studies: 70 h
- of which autonomous studies: 65 h
The assessment of student’s own learning 1 h is included in contact lessons.

Prerequisites / Recommended Optional Courses

Entrepreurship and business administration
Cost- and profitability accounting

Contents

Budgeting and special features of project budgeting, project financing, investment calculations, actual cost calculations, performance measurement and the impact of projects on the overall profit of the company.

Recommended or Required Reading and Other Learning Resources/Tools

Study material provided by the teacher, other material eg. articles etc.

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, assignments, case studies, guest lectures, group work.

Assessment Criteria

5: The student is able to utilise the methods learnt during the study unit independently and is able apply the learnt knowledge in new contexts.
3: The student is able to utilise the methods learnt during the study unit independently.
1: The student is able, with guidance, to utilise the methods learnt during the study unit.

Assessment Methods

Numerical assessment, exam.


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