Bài giảng quản lý kinh doanh xây dựng (7 chương) CHƯƠNG 1 TỔ CHỨC DOANH NGHIỆP XÂY DỰNG VÀ CÁC VẤN ĐỀ PHÁP LÝ CHAPTER 2 CONSTRUCTION BUSINESS STRATEGY STRATEGIC PLANNING Chapter 3 MARKETING IN CONSTRUCTION BUSINESS Chapter 5 RISK MANAGEMENT IN CONSTRUCTION Chapter 6 BIDDING CONTRACTING IN CONSTRUCTION BUSINESS CHAPTER 7 CONSTRUCTION BUSINESS MANAGEMENT
23/02/2016 CONSTRUCTION BUSINESS MANAGEMENT DR NGUYEN ANH THU Chapter CONSTRUCTION ECONOMICS CHAPTER CONSTRUCTION BUSINESS MANAGEMENT REFERENCE Chapter 17, Construction Methods and Management, S.W Nunnally, 7th edition, 2007, Pearson Education Lecture Note from Richard O’Carroll, CEEC Susan Coomer Galbreath, Ph.D., CPA Charles W Caldwell, D.B.A., CMA Jon A Booker, Ph.D., CPA, CIA Cynthia J Rooney, Ph.D., CPA 23/02/2016 CHAPTER 10 CONTRACTING IN CONSTRUCTION BUSINESS Introduction Time Value of Money Equipment Cost Equipment Rental Financial Management of Construction CHAPTER 10 CONTRACTING IN CONSTRUCTION BUSINESS INTRODUCTION 23/02/2016 What the following Buildings have in common ? Source: Richard O’Carroll A ‘Hydropolis Underwater’ Resort Hotel - Dubai UAE Estimated price -$440M 200 Guest Suites 22M underwater US$5,500 per night Source: Richard O’Carroll 23/02/2016 ‘Burj Dubai’ UAE – World’s tallest building B Estimated price -$1.5B 828M high 160Nr Levels Source: Richard O’Carroll C ‘Ski Dubai’ UAE – World’s largest indoor snow park Estimated price -$275M 32,290 Sq foot foot of snow Has own ‘black slope’ Source: Richard O’Carroll 23/02/2016 What’s in your mind … Yes… you spotted it … ‘DUBAI’ “Well not quite what we wanted you to notice” LOOK AGAIN !!! $440 Million Source: Richard O’Carroll 23/02/2016 $1.5 Billion Source: Richard O’Carroll $275 Million Source: Richard O’Carroll 23/02/2016 They all needed ‘Budget Estimates’ to be established (to ‘Confirm feasibility or otherwise the Client’s Objective’) “you’re fired !!” Source: Richard O’Carroll They all needed to be Measured and Evaluated Comparative Cost Planning based on Analysis on previous completed Contracts (to confirm the Client’s Budget) Cost per Hospital Bed Cost per Theatre Seat Cost per Car Park Space 23/02/2016 CHAPTER 10 CONTRACTING IN CONSTRUCTION BUSINESS TIME VALUE OF MONEY Examples • Checking following statements Correct or Incorrect? (Interest Rate is 5%/year ) – 98.000 VND = 105.600 VND next year – 200.000 VND last year = 205.000 VND this year – 300.000 VND this year= 315.000 VND next year – 300.000 VND this year =288.714 VND last year InC (102.900) InC (210.000) Correct InC (287.000) 23/02/2016 Examples • A contractor wishes to borrow $12,000 to finance a project The interest rate is 5% per year If the borrowed amount and the interest are paid back after yr, what will be the total amount of the repayment? F=12,000x(1+0.05)3 =$13,891.50 The amount of interest is $1,891.50 Examples • A contractor want to set aside enough money today in an interest-bearing account to have $100,000 in yr from now for the purchase of a replacement piece of equipment If the company can receive 8% per year on its investment, how much should be set aside now to accrue the money? P=100,000 / (1+0.08)5 =$68,058.32 23/02/2016 P F n (1 i ) F=P(1+i)n P $5.000 $20.000 10 23/02/2016 Equipment Rental Source: http://www.cat.com/en_US/products/rental.html Equipment Rental • Take a look this example: – New equipment: 20 to 25 billion US$ – Used equipment: 15 billion US$ – Equipment rental: a like amount • Great flexibility: short term arrangement (63 = 10; >55=9; >45=8 ĐIỂM QUY ĐỔI GHI CHÚ THAY ĐỔI ĐIỂM PROJECT NHÓM TRƯƠNG HỮU HÀ NINH: 65 10 Không nộp hạn -1 NHÓM TRẦN VĂN RAN: 61 phiếu Vắng Trần Văn Ran:-2 9/7 NHÓM NGUYỄN MINH TRUNG: 59 phiếu 9 NHÓM NGUYỄN HỮU QUANG: 54 phiếu 8.5 8.5 NHÓM VŨ KHÁNH: 50 phiếu NHÓM TRẦN VIỆT THẮNG: 48 phiếu 8 NHÓM NGUYỄN MINH HIẾU: 45 phiếu 8 NHÓM NGUYỄN LÊ THẢO MINH: 30 7.5 Nộp sai định dạng-nhắc nhở; đánh giá cao từ khách +1 8.5 NHÓM NGUYỄN VĂN ĐÔ: 16 phiếu Vắng Lê Thị Nam: -2 7/5 Vắng Vũ Khánh:-2 Đặng Quang Phú: -2 55