- International Fees
International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
Course details
The course is a basic introduction to the concept of the time value of money using simple rates of return, interest rates and types, and decision criteria. Pricing techniques and methodology are introduced as part of the estimating process and bid preparation. Various forms of budget pricing are introduced which lead to a more detailed study of elemental analysis. This course may be eligible for students to receive funding through the StrongerBC Future Skills Grant at www.bcit.ca/financial-aid/strongerbc-future-skills-grant. Students register themselves into the course, then apply for the StrongerBC Future Skills Grant to cover payment, if eligible.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
3.0
Domestic fees
$542.25
Course offerings
Spring/Summer 2024
Below is one offering of BLDC 2150 for the Spring/Summer 2024 term.
CRN 57704
Duration
Fri Apr 12 - Fri Jun 28 (12 weeks)
- 12 weeks
- CRN 57704
- Domestic fees $542.25International fees are typically three times the amount of domestic fees.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 12 - Jun 28 | Fri | 18:30 - 21:30 | Online |
Instructor
TBD
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Domestic fees
$542.25
Important information
- Internet delivery format.
- International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
Status
Cancelled
This course offering has been cancelled. Please check back next term, subscribe to receive email updates or contact us with your comments or questions.
Learning Outcomes
At the end of this course the student will be able to:
- Recognize the relationship between interest rates and the time value of money.
- Calculate present and future value problems.
- Evaluate and rank various investment opportunities.
- Assemble key financial components and prepare a pro-forma statement.
- Convert material quantities to final estimate costs by applying pricing techniques and methodology.
- Describe crew assembly, and develop corresponding crew rates.
- Generate unit prices for applicable tender requirements.
- Identify the process of final tender assembly and preparation.
- Distinguish various budget pricing techniques and their applications.
- Carry-out the steps involved in completing an elemental analysis of particular project.
Effective as of Fall 2007
Related Programs
Introduction to Construction Economics (BLDC 2150) is offered as a part of the following programs:
- Indicates programs accepting international students.
- Indicates programs with a co-op option.
School of Construction and the Environment
- Architectural and Building Technology
Certificate Part-time
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