To understand in the context of projects and project-driven enterprises in construction: procurement, project financing and project management procedures important for successful bidding and management of international construction projects

After taking this module the student should be able to understand: Procurement routes, tendering procedures, and traditional and non-traditional contract forms applied at international projects. Market structure and sources of competitive advantages at international tenders important for successful bidding strategy. Project management processes and procedures applied at international projects. Elements of corporate strategy in international construction: project portfolio, organizational structures and diversification strategies at different international markets.

International construction companies and its business environment. International market of construction products and services. Competitive advantages at international market. International bidding strategy. International tendering and procurement procedures. Financing of international projects. Public-private partnerships and concessions. FIDIC standard contract forms. Strategy of international project. International project organisational structure. Virtual project team. International project management procedures. Human resources management and communication. Whole life cycle costing and value. Negotiation and international arbitrage.

Hibrid model of teaching: lectures and lecture-demonstrations, with extensive class disscusions about important topics, are combined with project and problem based learning. Other teching and learning methods applied during the course are debates, panel disscusions, and simulations of international project, as well as role play with different stakeholders roles. Students are preparing a case study where they have to critically appraise the procurement/contract type, orgranisational structure and project management processes of an international construction project. They have to suggest appropriate strategies, tools, techniques, procurement routes, project mangement processes and practices for managing and optimising projects in project-based construction organisations in different international markets. Submitted and reviewed case study papers are a requirements for taking the exam. Assessment is based on attendance of lectures, reviews of case studies, and results of final written test.