Skip to main content

Credits: 5

Schedule: 18.04.2019 - 23.05.2019

Teacher in charge (valid 01.08.2018-31.07.2020): 

Assistant Professor Antti Peltokorpi

Contact information for the course (applies in this implementation): 


Teaching Period (valid 01.08.2018-31.07.2020): 


Learning Outcomes (valid 01.08.2018-31.07.2020): 

The course prepares student for thinking about strategic choices and development in construction industry both at the company and business unit levels.

  • Identify main content and schools of strategic management
  • Understand the role of strategic management for business performance
  • Describe different strategic options related to production, finance, and resource management in construction
  • Be able to formulate business model and business plan for business unit in construction
  • Be able to analyze firms and their internal and external conditions for competition in construction business
  • Understandprinciplesand methodsof Lean construction

Content (valid 01.08.2018-31.07.2020): 

Strategic choices and managerial issues crucial in construction business

Contact teaching:

- Introduction to strategy in construction

- Different business models in construction

- Production strategies

- Financing issues in construction

- Resource management

- Strategic management in practice (guest lectures)

- Internationalization of construction business

- Role of innovations and change management

- Project work presentations and evaluation

Assessment Methods and Criteria (valid 01.08.2018-31.07.2020): 

Lectures, lecture assignments and project works.

Assessment (scale 0-5) based on individual lecture assignments (40%), and two team project works (30% each)

Elaboration of the evaluation criteria and methods, and acquainting students with the evaluation (applies in this implementation): 

  • Weekly individual lecture topic assignments 40
  • Financial analysis - group assignment 30 %
  • Strategic business plan for case company - group assignment 30 %

  • Group assignments include peer evaluation
  • Course evaluation survey needs to be fulfilled
  • No

Details on calculating the workload (applies in this implementation): 

in total 115 hours:

  • Lectures: 24 h (6x3=18 h contact time, 6 h
    study time)
  • Lecture assignments: 30 h (5x6 h)
  • Financial analysis assignment:
    30 h
  • Strategic business plan assignment: 30 h
  • Course
    feedback: 1 h

Study Material (valid 01.08.2018-31.07.2020): 

to be defined later.

Details on the course materials (applies in this implementation): 

Lecture slides and other reading material

Substitutes for Courses (valid 01.08.2018-31.07.2020): 

This course replaces older courses:

Rak-63.3246 Rakennusalan yritysten strateginen johtaminen

Rak-63.3320 Strategies in International Construction Business L


Prerequisites (valid 01.08.2018-31.07.2020): 

CIV-E1040 Construction Management (required)

CIV-E2050 Operations Management in Construction (recommended)

Grading Scale (valid 01.08.2018-31.07.2020): 


Registration for Courses (valid 01.08.2018-31.07.2020): 


Details on the schedule (applies in this implementation): 

  • Each contact teaching session (3 hours per week) includes a theoretical part (2 hours) and a practical part (=quest lecture; 1 hour)
  • Weekly assignment is introduced in the teaching session
  • Attendance in quest lecture part at
    10.30-11.30 is mandatory!
    (if you cannot attend, you will do an extra assignment)

Preliminary contact teaching schedule:


  • Introduction to strategic management and strategic schools
  • Company lecture from CEO Jussi Aho, Fira


  • Strategic management in construction, business
  • Company lecture from Director Jan Elfving, Skanska


  • International construction business
  • Company lecture from CEO Kari Kauniskangas, YIT


  • Financial analysis of a construction company


  • Production strategies
  • Company lecture from Director Tiina Talvitie, Lehto Group


  • Financial analysis assignment - Student group presentations


Registration and further information