CIV-E2070 - Strategic Management in Construction D, Lecture, 21.4.2022-24.5.2022

Guest access
Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

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
  • Justify, report and present strategic proposals

Credits: 5

Schedule: 21.04.2022 - 24.05.2022

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Antti Peltokorpi

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

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content

  • valid for whole curriculum period:

    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 for whole curriculum period:

    Lectures, lecture assignments and project works.

    Assessment (scale 0-5) based on weekly assignments, and team project works

  • applies in this implementation

    • Five weekly lecture topic assignments - individual (40 %)
    • Financial and strategy analysis of a public construction company – group assignment (30 %)
    • Start-up business plan for construction sector – pair/group assignment (30 %)

DETAILS

Substitutes for Courses
Prerequisites
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

    9 Industry, Innovation and Infrastructure

    11 Sustainable Cities and Communities

    12 Responsible Production and Consumption

FURTHER INFORMATION

Further Information

  • valid for whole curriculum period:

    Teaching Language : English

    Teaching Period : 2022-2023 Spring V
    2023-2024 Spring V

    Enrollment :

    Registration for the course will take place on Sisu (sisu.aalto.fi).

  • applies in this implementation

    The course sessions will consist of a) live classroom sessions and b) video podcasts. 

    Live clasroom sessions include 1) course introduction session (recorded), 2) five reflection & discussion sessions on theory content, 3) three company guest lectures (mandatory), and 4) Student group work presentation session (mandatory). Five video podcasts cover the theory content of the course.   

    Three company guest lectures are live and mandatory, because that is the way we best appreciate their time and effort for our course. If you still cannot attend, you need to replace each quest lecture by extra assignment.

    See details of schedule below.

    Minor changes are possible and informed in advance.


Details on the schedule

  • applies in this implementation

    Remark that starting times vary a little (e.g. 10.00 or 10.15)!

    • 21.4.2022 10:15-11:00 am: Introduction session (Hall U6, Konecranes, Otakaari 1)
    • 21.4.2022 11:00-12:00 am: Boost Brothers Matti Sivunen guest lecture (Hall U6), Mandatory
    • 28.4.2022 10:15-11:00 am: Reflection session for Introduction to strategic management and strategy in construction (Hall U6)

    • 5.5.2022 10:30-11:30 am: Fira CEO Jussi Aho guest lecture (Hall U6), Mandatory
    • 5.5.2022 11:30-12:00 am: Reflection session for Strategic management in practice, business models (Hall U6)
    • 12.5.2022 10:15-11:00 am: Reflection session for Production strategies and concepts (Hall U6)

    • 19.5.2022 10:15-11:00 am: Reflection session for Finance and financial analysis in construction (Hall U6)
    • 19.5.2022 11:00-12:00 am: Skanska SVP Jan Elfving guest lecture (Hall U6), Mandatory

    • 24.5.2022 8:45-9:30 am: Reflection session for International construction business (Hall U6)
    • 24.5.2022 9:40-11:45 am: Student group presentations on Financial and strategy analysis of a public company (Hall U6), Mandatory

Rules of Conduct - Students´ Rights and Responsibilities (in force from 1 August 2020)

Aalto University Code of Academic Integrity and Handling Violations Thereof