The benefit of learning together with your friend is that you keep each other accountable and have meaningful discussions about what you're learning.
Courtlyn
Promotion and Events Specialist
June 29, 2022
3 months, online
4–6 hours per week
US$1,400 US$1,232 or get US$140 off with a referral
Our participants tell us that taking this program together with their colleagues helps to share common language and accelerate impact.
We hope you find the same. Special pricing is available for groups.
The benefit of learning together with your friend is that you keep each other accountable and have meaningful discussions about what you're learning.
Courtlyn
Promotion and Events SpecialistBased on the information you provided, your team is eligible for a special discount, for Construction Finance Management starting on June 29, 2022 .
We’ve sent you an email with enrollment next steps. If you’re ready to enroll now, click the button below.
Have questions? Email us at group-enrollments@emeritus.org.From residential and nonresidential properties to infrastructure, the global construction industry is booming, with continued fast-paced growth expected. Thriving in this expanding ecosystem will require professionals who speak the financial language of construction management fluently, from development projects and investments to predicting and mitigating risks. Whether you’re managing a large development or smaller scale remodel, this course will help you learn to control costs, monitor project cash flow, and mitigate risk to ensure you are able to stay within your project budget and meet delivery timelines.
The global construction industry is expected to reach an estimated $10.5 trillion by 2023.
New construction needed to keep pace with the population growth rate between now and 2050 is 13,000 buildings per day.
Bouncing back after COVID-19, the construction industry is expected to grow 5.2% in 2021, a rate that’s 2.5% higher than in 2019.
The Construction Finance Management course is designed to provide industry professionals with the two most essential skills in construction and development: finishing a project on time and on budget. Participants will learn how to control costs and monitor project cash flow and will get hands-on experience working on a breakeven analysis of construction tasks. The course is ideal for:
200+ Video Lectures
10 Discussions
14 Assignments
3 Live Webinars
5 Real-World Examples
This 12-week course provides a deeper understanding of real estate finance for development projects and investments, including budgeting, cost estimating, and predicting and mitigating risks.
Learn about the stages in construction design, measurements, cut and fill, concrete curing and takeoff, and quantifying the rebar with regard to cost estimation.
Learn how to calculate steel and formwork costs and delve into how to price the material, labor, and equipment costs of a construction project.
Master the mechanics behind creating a construction estimate and understanding the final stages of the construction phase, including procurement, postcontract, punch lists, and turnover.
Explore the various cost control methods, learn the concept of and calculations behind the Earned Value Method (EVM) and master project punch lists and project closeouts.
Understand how to manage cash flow using two different accounting methods and how payment cycles and retainage impact cash flow in a construction project.
Learn how to control costs for large programs and explore how technology impacts cost estimation and management in construction projects.
Discover how to calculate the different types of interest rates and create cash flow diagrams while understanding the concepts behind calculating uniform series, Net Present Value (NPV), and the Internal Rate of Return (IRR).
Gain an introduction to the feasibility study and how it can be used to evaluate development projects while learning three ways to compare the sales price, gain, and return on a real estate investment.
Understand different construction loans, the development cost worksheet, and how Net Present Value (NPV) is applicable for the lender or sponsor of a development project.
Learn about decision tree analysis, how to make decisions based on the results, and how to calculate terminal branch probabilities to leverage them in your decision-making process.
Learn about the various stakeholders in construction project finance, what financial risks they are exposed to, and how borrowing or partnerships play a role in that risk.
Learn the Lean Theory, how it can be applied to cost estimating and construction finance, and how lean methods can play a role in identifying as well as mitigating financial risk in any construction project.
Learn about the stages in construction design, measurements, cut and fill, concrete curing and takeoff, and quantifying the rebar with regard to cost estimation.
Discover how to calculate the different types of interest rates and create cash flow diagrams while understanding the concepts behind calculating uniform series, Net Present Value (NPV), and the Internal Rate of Return (IRR).
Learn how to calculate steel and formwork costs and delve into how to price the material, labor, and equipment costs of a construction project.
Gain an introduction to the feasibility study and how it can be used to evaluate development projects while learning three ways to compare the sales price, gain, and return on a real estate investment.
Master the mechanics behind creating a construction estimate and understanding the final stages of the construction phase, including procurement, postcontract, punch lists, and turnover.
Understand different construction loans, the development cost worksheet, and how Net Present Value (NPV) is applicable for the lender or sponsor of a development project.
Explore the various cost control methods, learn the concept of and calculations behind the Earned Value Method (EVM) and master project punch lists and project closeouts.
Learn about decision tree analysis, how to make decisions based on the results, and how to calculate terminal branch probabilities to leverage them in your decision-making process.
Understand how to manage cash flow using two different accounting methods and how payment cycles and retainage impact cash flow in a construction project.
Learn about the various stakeholders in construction project finance, what financial risks they are exposed to, and how borrowing or partnerships play a role in that risk.
Learn how to control costs for large programs and explore how technology impacts cost estimation and management in construction projects.
Learn the Lean Theory, how it can be applied to cost estimating and construction finance, and how lean methods can play a role in identifying as well as mitigating financial risk in any construction project.
DR. IBRAHIM ODEH
Senior Lecturer of Civil Engineering and Engineering Mechanics, Columbia Engineering; Founding Director, Global Leaders in Construction Management
Dr. Ibrahim Odeh is the founding director of the Global Leaders in Construction Management (GLCM) research initiative at Columbia University. Here he teaches courses in the area of construction engineering and management for the department of Civil Engineering and Engineering Mechanics. His research focuses on studying and analyzing the international construction and infrastructure industry as well as developing analyses of these markets. Dr. Odeh is also a consultant and an adviser for several global companies and agencies. He received his PhD in civil engineering with a focus in construction management from the University of Illinois. He also holds an MBA degree with an emphasis in finance from the University of St. Thomas in St. Paul, Minnesota.
Upon successful completion of the course, participants will receive a verified digital certificate from Emeritus in collaboration with Columbia Engineering Executive Education.
Download BrochureFlexible payment options available.