Construction Law and Contracts
Quarter Academic Credit
4
In order to avoid costly delays and litigation that can arise during a project, construction managers need to be aware of the legal issues that can arise in the construction process. This course will provide an overview of the laws concerning contracting and construction. Through lecture, a review of case law and engaging Q&As, you will gain substantive knowledge in the various areas of construction law, including private and public contracts, bidding, mechanic's lien, stop notice and payment bonds, contractors’ license law, agency, business organizations, bankruptcy and dispute resolution. By the end of this course, you will possess a framework for recognizing, understanding and mitigating legal issues that could arise during one of your construction projects.
Learning Outcomes
- Analyze contracts and identify risks associated with contract language and clauses
- Differentiate the rights and liabilities of contractors and design professionals, including mechanic's lien, stop notice and payment bond
- Evaluate issues of agency, vicarious liability and contract responsibility
- Differentiate between mediation, arbitration and court trials for dispute resolution
Skills You Will Gain
- Contract Law
- Contract risk assessment
- Contract composition
- Bankruptcy law
- Legal research
Construction Accounting and Financial Management
Quarter Academic Credit
3
Strong financial management is vital to success in the construction industry. Through lecture, a review of case studies and class discussion, you will learn the basics of construction accounting and will explore a variety of topics, including payroll, purchasing, job costing, revenue recognition, selection of entity structure, insurance, cash management and more. In addition, you’ll be exposed to internal controls and risk management best practices that will help you successfully manage your project finances. By the end of this course, you will have a stronger understanding of financial management principles that will help you achieve greater returns on your projects.
Learning Outcomes
- Apply the basic fundamentals of construction accounting
- Evaluate basics of risk management including insurance coverage and surety
- Distinguish issues of double entry bookkeeping through the use of T-accounts
- Compare options for entity structure and evaluate general income tax implications and concerns
Skills You Will Gain
- Accounting
- Contract management
- Insurance and surety
- Cash management
- Financial statements
Estimating, Preconstruction and Bidding
In the construction process, the estimator not only predicts project cost, but also recognizes potential risks that might result in delays or financial losses. Designed for construction professionals, this course presents methodologies and processes necessary for developing accurate estimates. Through real-world examples and case studies, you’ll examine the foundations of cost estimation, practice with common tools and the latest technologies in the profession and explore shifts in the industry related to Lean Construction practices. By the end of this course, you will possess an understanding of the essential principles of estimating in order to produce more reliable estimates for your projects.
Learning Outcomes
- Perform basic estimating functions
- Identify potential risks and predict how to minimize risk
- Analyze regional and aggregate market conditions
- Apply methods and technologies associated with quantity take off
- Differentiate the bidding process between public versus private projects, and adapt your estimating accordingly
- Develop a reliable estimate using Target Value Design concepts
Skills You Will Gain
- Estimation software
- Risk assessment
- Target Value Design
- Applied math
- Analytics
Project Planning, Scheduling and Control
Quarter Academic Credit
3
This course includes mandatory live class sessions over Zoom. Please see below for specific dates.
Construction project schedules can be unwieldy, and, without a steady hand to guide them, will spiral out of control quickly. In this course, learn a systematic approach to creating and managing construction schedules. Through lecture, class exercises and Q&As, you will learn skills and best practices necessary to effectively plan and control projects of any size, such as work breakdown structures, scheduling techniques, scheduling software, cost allocation and claims management. You will also gain an in-depth understanding of scheduling and project controls. By the end of this course, you will know the ins-and-outs of developing, managing and updating a schedule from design through construction completion.
Learning Outcomes
- Apply the basic concepts and techniques of creating and managing a construction schedule, which includes planning, scheduling and control
- Apply cost and resource loading principals and identify the correlation to the estimate
- Recognize common project delays and propose solutions to best approach them
- Analyze management of change orders that are identified during the course of construction
- Create a critical path method (CPM) schedule for a construction project and manage the schedule from pre-construction to final completion.
Skills You Will Gain
- Construction scheduling
- Project management process (PDCA)
- Cost/resource planning
- Time impact analysis (TIA)
Construction Project Management: Bid and Beyond
Quarter Academic Credit
3
Construction managers need to be aware of potential problems and pitfalls when bidding and managing their own projects. Through a combination of lectures and group exercises, this course will examine leadership concepts and forward thinking project delivery methods, such as Design/Build and CM at Risk, Integrated Project Delivery (IPD) and more. You will evaluate industry employment opportunities, distinguish differences between public and private construction projects, discuss LEAN construction principles, practice using Building Information Modeling (BIM) software, learn enhanced marketing techniques and the RFP process. This course will also help you identify techniques to overcome potential problems and pitfalls when managing your own projects. By the end of this course, you will have a comprehensive understanding of the entire delivery process from design development through construction completion.
Learning Outcomes
- Apply next generation project delivery concepts such as Design/Build, CM at Risk and Integrated Project Delivery
- Utilize techniques to successfully cross-manage cost, schedule, quality and most importantly, safety
- Examine a variety of components within the project delivery process, such as long-term programming, planning, business development, marketing, financing, risk aversion and mitigation, public relations and relationships
- Write marketing plans that support your company’s long-term goals, strengths and experience
- Plan construction projects that meet the goals and vision of the owner and all project stakeholders
Skills You Will Gain
- Construction management
- Project Delivery
- Program management
- Preconstruction
Construction Plan Reading & Specifications
Quarter Academic Credit
3
From the conceptual drawings through final construction, the ability to analyze and interpret construction plans and identify compliance with laws and regulations is a key foundational skill for construction managers. Designed for estimators, design professionals, project managers and other construction professionals, or those trying to break into the construction industry, you will learn the fundamentals of how to accurately read a set of construction plans. Topics covered in this course include how construction plans are organized under the Uniform Drawing System; how to interpret plans and specifications set forth by the architect/designer; and how to apply this knowledge to the actual construction process, from conceptual drawings through final construction. By the end of this course, you will be able to understand complex project plans and apply this knowledge to the construction process.
Learning Outcomes
- Demonstrate ability to read complex construction plans and design specifications.
- Analyze complex plans, identify specifications and scope of use, and organize construction assembly details.
- Illustrate how construction plans are organized under the Uniform Drawing System with emphasis on showing the 8 Specification Modules set forth by the Construction Specifications Institute.
- Demonstrate building code compliance by accessing information from plans and specifications.
- Integrate select application of plan reading, specifications, and assemblies by various shareholders and agencies
Skills You Will Gain
- Construction Drawing analysis
- Reading prints
- Application of plans and specifications
- Construction compliance codes