Introduction into process cost theory. Detailed knowledge of cost estimation and controlling in the various project phases of the construction process. The topic will be dealt with from the perspective of the contractor or supplier (production cost) and the of the client, his architects and engineers (market price).

Selected topics related to the management of building projects, based on a process oriented life cycle approach. The thematic focal points are: the building system and its life cycle, processes and responsibilities, project organization, tendering and competition models, contract management, insurances, setting up operation and closing the project.