(CFM 370) Company Management in the Built Environment
Explore construction and facilities management organizational life cycle: from inception to succession planning, covering strategic planning, operations, and sustainable growth. Navigate challenges and cultivate future leaders for this industry-specific management course.
Credit hours | 3.0 lecture |
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Prerequisites | CFM 105 or permission of instructor |
Offered | Fall, winter, spring |
Programs | Construction and Facilities Management Minor |
Course Learning Outcomes
- Understanding the dynamics of a family-owned business: students will better understand the benefits and pitfalls of having a family-run business in the contracting areas of business.
- Financial management and growth: gain an understanding of financial management principles specific to the construction industry, enabling them to create budgets, manage costs, and make informed financial decisions that contribute to profitability.
- Project management skills: acquire competencies in project management, including scheduling, resource allocation, and risk assessment, ensuring that construction projects are completed on time and within budget.
- Strategic planning and business development: acquire the skills to develop strategic plans for business growth. This includes identifying market opportunities, diversifying services, and expanding the company's client base, ultimately leading to increased profitability and competitiveness.
- Human resource and employee training: gain proficiency in hiring, training, and managing construction teams. Learn about motivation, leadership, and development training for employees.