P.G. Ioannou

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COURSE OUTLINE

Instructor

P.G. Ioannou, PhD, PE
Professor of Civil and Env. Engineering
2350 G.G. Brown
764-3369

Web site:

www.umich.edu/~cee431

Textbook:

Construction Contracting: A Practical Guide to Company Management, 7th Edition
Author(s): Richard H. Clough; Glenn A. Sears; S. Keoki Sears
ISBN: 0471449881
ISBN13: 9780471449881
Copyright: 03/01/2005

Lecture Topics

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Segments of the construction industry

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Methods of contracting for construction
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Single and separate

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Competitive and negotiated

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Phased construction, construction management

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Construction estimating
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Recap and summary sheet

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Labor costs

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Estimate format detailed estimate

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Equipment costs

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Construction bidding practices
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Lump sum bids

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Unit price bids

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Subcontracts

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Construction scheduling
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Project networks (homework assignment)

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Scheduling calculations (homework assignment)

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Construction contracts
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Form of construction contracts

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General conditions of the contract (AIA A201)

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Contract administration

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Construction bonds: bid, performance, payment

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Construction insurance:  property, liability, employee

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Forms of ownership of construction firm

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Construction business management
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Firm management

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Project management

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Financial management
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Accounting and financial statements

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Depreciation

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Construction contracting income

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Cost accounting and control
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Labor and equipment time cards

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Variances

Lab Project:  Preparation of lump sum bid for Fire Station No. 6

Students form teams of three persons and prepare a detailed estimate for each of the items below.
The final proposal for the project (lump-sum bid) is based on students' estimates and actual subcontract prices.

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Project Assignments
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Project Description

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Concrete (flatwork)

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Concrete (remainder)

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Excavation

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Final Proposal

The majority of project discussion occurs during lab hour. Some project discussion is mixed with class lectures.
Plans and specifications for this project and the Means Estimating Handbooks are available in the Construction Lab (1340 GG Brown).
Electronic copies of the plans and specifications can be downloaded (and printed) from the course website.
The course GSI is available for help with any questions regarding the project.

Course grade (approximate)

Midterm Exam

30%

Final Exam

40%

Project & Homework

30%

(Students must pass exams to pass course)

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Univ. of Michigan | College of Engineering | Civil & Env. Eng. | CEM | Acrobat Reader
This page last updated by P.G. Ioannou on 11/11/07