The course aims at providing the student a deep/solid knowledge of some key arguments of the economic evaluation, keeping in mind the complexity and uncertainty.
Learning Objectives
The objective of the Project Economic Evaluation course is to provide methodological and theoretical concepts for analyzing the developmental prospective of the architectural project.
The course will provide the basic concepts of the economic evaluation as a discipline that highlights the decision-making process characteristics for realizing the project.
Teaching Methods
Lesson on webex
Further information
In the lesson I will explain the arguments so I strongly suggest that you take notes.
At the end of each lesson, if you want, you can write me with your questions about the arguments, that we discussed, by e-mail, and I will answer them during the course.
In addition, at the beginning of each lesson we will briefly revisit the previous class lesson.
Course program
Programme summary
The significance and relationship of the project, evaluation and
economy
Project definition and the significance and importance of the
investment
Consideration about investment evaluation
The process of the decisions of investment and current
management
Project cycle
The complexity of the project
The uncertainty of the project
The impact of the project in the local territorial economy
Project actors and relative decision-making
The economic planning processes of the institutions for the
development of local territories
Swot Analysis
Feasibility study: what it is, how and when it’s used and the
structure
Definition and structure of the business plan
The analysis of the forecasted economic results of the project
The public and private financial tools for the project evaluation
The concept of governance and collaborative coordination in
various types of partnerships
Cost-benefit analysis to evaluate the project efficiency
Criteria for project success
The role of the architect as the coordinator of the project and
its actors
The knowledge of the activity of the project actors and their
relationship with the architect