545-0159/01 – Economic tools for Brownfield Remediation (ENVB)

Gurantor departmentDepartment of Economics and Control SystemsCredits4
Subject guarantorIng. Simona Matušková, Ph.D.Subject version guarantorIng. Simona Matušková, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year1Semestersummer
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesHGFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
MAT49 Ing. Simona Matušková, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+1
Part-time Credit and Examination 8+4

Subject aims expressed by acquired skills and competences

The knowledge demonstrated at the course completion: Knowledge of the main terms and methods in the area of Investment Decision Making and other economical context related to the area of Brownfield Remediation. The skills demonstrated at the course completion: Application of the gained skills in the real life environment, ability to present student's own opinions and argumentation concerning the topics covered during the course.

Teaching methods

Lectures
Tutorials

Summary

The objective of the course is to clarify the topic of Investment Decision Making in relation to realization of Brownfield Remediation Projects. Students will familiarize themselves with the planning process and formation process of these projects. Moreover, they will familiarize themselves with formation of the most important projects in the preliminary phase and with methods that are used in real practice when assessing the investment projects that are both comercial and beneficial to the general public. The gained theoretical scientific knowledge is applied and tested on real projects within the course.

Compulsory literature:

1. BOARDMAN, Anthony, E., et al. Cost-Benefit analysis: Concepts and practice. 2nd edition. New Jersey : Prentice Hall, Inc., 2001. 526 s. ISBN 0-13-087178-8. 2. ISO. Risk Management - Principles and guidelines ISO 31000. 1 sted. Geneva: ISO 2009. Bez ISNB. 3. KENDRICK,T. Identifying and Maynaging Project Risk: Essential Tools for Failure - Proofing Your Project. 1 st ed. NEW York: AMACOM, 2003. ISBN 0-8144-0761-7. 4. JOHN, M., STERMOLE, FRANKIN, J., INVESTMENT EVALUATIONS CORP.,PEDERSON, ANDREW. Economic Evaluation and Investment Decisions Methods Instructors Solution Manual. 15th Ed. Graphic Designer, 2017. ISBN 9780991194148.

Recommended literature:

DAVIS, Todd, S.. Brownfields: A Comprehensive Guide to Redeveloping Contaminated Property. 2nd ed. American Bar Association, 2003. ISBN 1570739617. 2. DENNISON, Mark, S. Brownfields Redevelopment. Programs and Strategies for Contaminated Real Estate. 1st ed. Government Institutes Inc.,U.S. 1997. ISBN 0865875790. 3. CHAPMAN, CH., WARD, S. Projekt Risk Management: Processes, Techniques and Insights I. 2nd ed. NeW York : Wiley, 2003. ISBN 0-470-85355-7. 4. KERZNER, H.,SALADIS, F. P. Value - Driven Project Management. Hoboken, Bpv. New Jerswy : Wiley, 2009. ISBN 978-0-470-50080-4.

Way of continuous check of knowledge in the course of semester

The knowledge during the semester is checked by the tests.

E-learning

For communication above a framework of presently realized assembly learning management system Moodle (lms.vsb.cz) is used. Through this system a communication between educators and students and students themselfs is enabled.

Other requirements

Preparation, submission and presentation of a semester project. The principle of Investment Decision Making and its significance for Brownfield Remediation,Market Analysis, SWOT Analysis, Project life cycle phases, Funding resources for the Brownfield Remediation Projects, Cost-benefit Analysis, Investment assessment methods,Risk analysis.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Economical significance of the Brownfield Remediation, determination of basic terms. 2. Factors influencing the Brownfield Remediation. 3. Investment decision making in the area of Brownfield Remediation. 4. Funding resources for the Brownfield Remediation investment Projects. 5. Project – a tool for the execution of the Brownfield Remediation, project structure, project life cycle phases. 6. Opportunity study – its formation and structure when preparing the Brownfield Remediation Projects. 7. Feasibility study of the Brownfield Remediation Projects, its significance, content and structure. Methods of analysis used for Feasibility study formation (PEST analysis, SLEPT, Porter's model, SWOT) 8. Formation of the Feasibility study of the Brownfield Remediation: Description of the project fundamentals and its phases, market analysis, project management and human resources management, technical and technological solutions of the project, fixed asset coverage and working capital management. Project impact on the environment. 9. Formation of the Feasibility study of the Brownfield Remediation: Cost estimate for brownfields regeneration, determination of cash flow from the investment in both the realization and the operational phases. Financial plan of the project. 10. Formation of the Feasibility study of the Brownfield Remediation: Financial analysis – assessment of the financial effectivness of the project. Investment assessment methods. Selection of suitable criteria indicators for Brownfield Remediation Projects. Discount rate determination. Inflation in investment projects. 11. Cost – Benefit Analysis of the Brownfield Remediation Projects – significance, principle, usage. Methodology of the process. 12. Methods of assessment of the advantages and disadvantages for the society. 13. Risk in Investment Projects, modern approaches to the risk. 14. Risk analysis. Methods of risk assessment of the Brownfield Remediation Projects.

Conditions for subject completion

Full-time form (validity from: 2019/2020 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 30  15
        Examination Examination 70  36
Mandatory attendence parzicipation: Write all the check tests. Submit and present the project. Min. 70% attendance at the practice.

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (N0724A290007) Brownfields Technical Redevelopment K Czech Most 1 Compulsory study plan
2020/2021 (N0724A290007) Brownfields Technical Redevelopment K Czech Ostrava 1 Compulsory study plan
2020/2021 (N0724A290007) Brownfields Technical Redevelopment P Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner