This module is the management practices which covers both financial and organizational aspects in relation to construction project. I have been exposed to various terms of finance, which cover the financial information systems and capital investment.
From this module, I find it easy to understand how financial management systems is used in different construction projects and implement the accountancy principles and practices in examining the construction company’s finances and accounts. The part that I find it very useful is the capital investment technique. This is because it is basically calculation based. The other parts of this module are more on theory which I find it difficult to understand as everything is quite new to me. The assignment is about the forecasting of a company's finance by comparing with the recent 2 years financial report. In addition, we also get to understand the company's background, vision and mission, financial objectives, company core business, marketing objectives and overview in operation of the company.
Overall, this subject is quite challenging for me as financing is quite new and my interest on finance is low.
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