Graduate
Institute of Graduate Studies
Construction Management & Technology
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ARCHITECTURAL ECONOMY

Course CodeSemester Course Name LE/RC/LA Course Type Language of Instruction ECTS
MIMY0216 ARCHITECTURAL ECONOMY 3/0/0 DE Turkish 6
Course Goals Emphasizing the effectiveness and potential of professional decisions in architectural design and practice in terms of economy, rationality and professional ethics; informing about economic concepts at company and project levels, cost concepts used in building projects (initial investment cost (design, land plot, construction (realization), tender costs), operation, utilization costs, demolition costs, lifetime costs), design parameters that affect initial investment and operation and utilization costs in planning and design decisions; and techniques used in determining the proposal price constitute the aims of the course.
Prerequisite(s) -
Corequisite(s) -
Special Requisite(s) The minimum qualifications that are expected from the students who want to attend the course.(Examples: Foreign language level, attendance, known theoretical pre-qualifications, etc.)
Instructor(s) PROF. DR. ESRA BOSTANCIOĞLU
Course Assistant(s)
Schedule The course is not offered this semester.
Office Hour(s) Prof.Dr. Esra BOSTANCIOĞLU, 2.C.10
Teaching Methods and Techniques -Lecture, student presentations, discussion and exam
Principle Sources -
-          Jaggar, D., Ross, A., Smith, J., Love, P., (2002). Building Design Cost Management. Blackwell Publishing, UK. -          Peurifoy, R.L., Schexnayder, C.J., Shapira, A., Schmitt, R.L., 2011. Construction Planning, Equipment and Methods, McGraw Hill International Edition, New York, USA. -          Hinze, J.W., 2008. Construction Planning and Scheduling, 3rd Edition, Pearson International Edition, Perason Prentice Hall, USA. -          Dagostino, F.R., Peterson, S.J., 2011. Estimating in Building Construction, 7th Edition, Pearson Prentice Hall, USA.
Other Sources -
-          Akcali, U., (2011). 2011 Construction Unit Price Analysis, Safak Press Ltd., Ankara, Turkey. -          Bathurst, P. E., and Butler, D.A., (1982). Building Cost Control Techniqes And Economics, 2nd Edition, William Heinemann Ltd., London. -          Belfield, D., Everest, (1977). "Initial Cost Estimating". The Architects’ Journal, (1 June 1977), pp 1037-1042. -          Bledsoe, J. D., (1992). Successful Estimating Methods, R.S. Means Construction Consultants & Publishers, U.S.A. -          Bostancioglu, E.,(2006). "A Cost Estimation Model in Pre-Design of Residential Buildings". Journal of Engineering Sciences, Vol.8, No.3, pp 27-49. http://web.deu.edu.tr/fmd/sayi24.htm. -          Brandon, P. S., Moore, R. G. and Main, P.R., (1985). Computer Programs For Building Cost Appraisal, Collins Professional And Technical Books, Great Britain. -          Ciraci, M., (1996). Model for Cost Estimating of Residential Buildings, Republic of Turkey Prime Ministry Housing Development Administration of Turkey, Housing Research Series-6, Ankara, Turkey. -          Cox, B. J., Horsley, F. W., (1996). Square Foot Estimating Methods, 2nd Edition, R.S. Means Construction Consultants & Publishers, U.S.A. -          Deters, K., (1982). “Wirtschaftlich Bauen, Auswirkungen Von Planungsmassnahmen Die Baukosten”. Aus Der Bauforschung Für Die Baupraxis, Heft 6, pp 423-427. -          Durmus, A.,(1994). "Based on the types on the dwelling units in Eryaman (1.stage), Sinanoba) Effects of interior finishing and fixture elements on housing cost with respect to standart categories", Master Thesis, Istanbul Technical University, Institute of Science and Technology, Istanbul, Turkey. -          Ferry, D. and Brandon, P., (1986). Cost Planning Of Buildings, 5th Edition, Collins Professional and Technical Books, Great Britain. -          Killingsworth, R., (1988). Cost Control In Building Design, R. S. Means Company Inc., Construction And Consultants & Publishers, U.S.A. -          Kraentzer, K. R., (1962). Effect to Construction Cost in Housing Construction, (Translate. Cemal Yarar), Ministry of Public Works, General Directorate of Housing, Social Research Department, Ankara, Turkey. -          Means Building Construction Cost Data, (1994). 52nd Annual Edition, R.S. Means Company, U.S.A. -          Means Unit Price Estimating Methods, (1993): Standards & Procedures For Using Unit Price Cost Data, 2nd Edition, R.S. Means Company, U.S.A. -          Pisirci, E., Dinc, T. and Demirkan, H., (1986). Number of Stories-Cost Relationship of Housing, Tubitak Construction Research Institute, Report No: h122, Ankara. -          Raftery, J., (1991). Principles Of Building Economics, An Introduction Oxford BSP Professional Book, London. -          Seeley, I. H.,(1986). Building Economics, 3rd Edition, Macmillan Education Ltd, Great Britain. -          Prime Ministry Republic of Turkey, Turkish Statistical Institute. (2010). Online at http://www.tuik.gov.tr -          The Library of Construction and Installation Unit Prices in Turkey. (2005). Online at http://www.birimfiyat.net
Course Schedules
Week Contents Learning Methods
1. Week Introducing the content of the course Oral presentation
2. Week The building sector and its place in the national economy Oral presentation
3. Week Concept of cost, economy and rationalism and investigation of these concepts for entrepreneur, contractor, and society Oral presentation
4. Week Life cyle cost approach: Initial investment cost, operating cost, repair and maintenance cost Oral presentation
5. Week Economic decisions at company and project levels, and long and short-term costs of construction firms Oral presentation
6. Week Cost-affecting factors in planning phase Oral presentation
7. Week Cost-affecting factors in design phase Oral presentation
8. Week Cost-affecting factors in design phase Oral presentation
9. Week Cost-affecting factors in tender, construction and utilization phase Oral presentation
10. Week Factors playing a role in determining the project cost, and techniques used in determining the proposal price Oral presentation
11. Week Student Presentations- Evaluation of available studies on the subject Student presentations and discussion
12. Week Student Presentations- Evaluation of available studies on the subject Student presentations and discussion
13. Week Student Presentations- Evaluation of available studies on the subject Student presentations and discussion
14. Week Student Presentations- Evaluation of available studies on the subject Student presentations and discussion
15. Week Final Exam Exam
16. Week
17. Week
Assessments
Evaluation tools Quantity Weight(%)
Homework / Term Projects / Presentations 2 60
Final Exam 1 40


Program Outcomes
PO-1Understanding the principles of environmental systems’ design such as day lighting and artificial illumination, acoustics, active and passive heating and cooling, indoor air quality, and embodied energy; including the use of appropriate performance assessment tools.
PO-2Understanding time management and control, cost planning and control, risk management, approaches, models and techniques to improve organizational / management effectiveness in project and construction management.
PO-3Understanding classic and contemporary management theories and human relationship in management to improve management effectiveness in beginning, design and construction processes of a project.
PO-4Understanding the basic principles of building materials and components’ design and utilized in the appropriate selection of construction technology in building production process and ability to be aware of their relationships.
PO-5Ability to direct the experience gained from construction management and technology to new fields and ability to generate strategies.
PO-6Ability to transfer and apply knowledge according to construction management and technology to the beginning of project, design and construction processes.
PO-7Ability to use the theoretical and practical knowledge of the field related, referring to undergraduate competence.
PO-8Ability to conduct research, examination, interpretation; to use adequate techniques and produce original results in the field of construction management and technology.
PO-9Competence for analyzing, interpreting and establish relations within the framework of construction management and technology with the project and construction process.
PO-10Competence for conducting an original academic/scientific study.
PO-11Competence for making strategic decisions of architectural design projects, in the field of construction management and technology, and generating original solutions.
PO-12Competence for presenting a work – made individually or within a group – systematically, in a foreign language, using the required computer programs, oral written and visual.
Learning Outcomes
LO-1Evaluating the concepts of cost, economy and rationalism for entrepreneur, contractor, and society
LO-2Knowledge on the components that make up the cost in project and construction management
LO-3Knowledge on factors affecting the cost in different phases of the building production process
LO-4Ability to assess the factors affecting cost in different phases of the building production process, and employ the gained experience to decisions given in the building production process
LO-5Ability to assess the factors affecting cost in different phases of the building production process, and produce strategies in decisions given in the building production process
Course Assessment Matrix:
Program Outcomes - Learning Outcomes Matrix
 PO 1PO 2PO 3PO 4PO 5PO 6PO 7PO 8PO 9PO 10PO 11PO 12
LO 1
LO 2
LO 3
LO 4
LO 5