| Course Unit Code | 545-0159/01 |
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| Number of ECTS Credits Allocated | 4 ECTS credits |
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| Type of Course Unit * | Compulsory |
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| Level of Course Unit * | Second Cycle |
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| Year of Study * | First Year |
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| Semester when the Course Unit is delivered | Summer Semester |
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| Mode of Delivery | Face-to-face |
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| Language of Instruction | Czech |
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| Prerequisites and Co-Requisites | Course succeeds to compulsory courses of previous semester |
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| Name of Lecturer(s) | Personal ID | Name |
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| MAT49 | Ing. Simona Matušková, Ph.D. |
| Summary |
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| 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. |
| Learning Outcomes of the Course Unit |
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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. |
| Course Contents |
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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. Risk in Investment Projects, modern approaches to the risk.
13. Risk analysis. Methods of risk assessment of the Brownfield Remediation Projects.
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| Recommended or Required Reading |
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| Required Reading: |
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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. |
1. KADEŘÁBKOVÁ, B., PIECHA, M. Brownfield: Jak vznikají a co s nimi. 1.vyd. Praha: C.H. Beck, 2009 138 s. ISBN 978-80-7400-123.
2.RYDVALOVÁ, P., ŽIŽKA, M. Regenerace brownfieldu: studie proveditelnosti. 1. vyd. Liberec: VÚTS, 2006. 47 s. ISBN 80-239-7245-6.
3. FOTR, Jiří., SOUČEK, Ivan. Investiční rozhodování a řízení projektů. Jak připravovat, financovat a hodnotit projekty, řídit jejich riziko a vytvářet portfolio projektů. 1. vydání. Praha: Grada Publishing, 2010.408 s. ISBN 978-80-247-3293-0.
4. BOARDMAN, Anthony., GREENBERG, David., VINING, Aidan., WEIMER, David. Benefit-Cost Analysis FOURTH EDITION: FOURTH EDITION. 4th Edition. Cambridge: UNIVERSITY PRESS, 2017. ISBN 978-1-108-44828-4. |
| Recommended Reading: |
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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. |
1.FOTR, Jiří., SOUČEK, Ivan. Podnikatelský záměr a investiční rozhodování. 1. vydání. Praha: Grada Publishing, 2005. 356 s. ISBN 80-247-0939-2.
2. SEDLÁČKOVÁ‚ Helena., BUCHTA‚ Karel. Strategická analýza 2. Přepracované a rozšířené vydání. 2. Vydáni. Praha: C. H. Beck, 2006. 121 s. ISBN 80-7179-367-1.
3. SYNEK, Miloslav., KISLINGEROVÁ, Eva. Podniková ekonomika. 5. Přepracované a doplněné vydání. 5. vydání. Praha: C. H. Beck 2010. ISBN 978-80-7400-336-3.
4. IEC/ISO. Risk management - Risk assessment techniques IEC/ISO. 1st ed. Geneva: ISO,2009.ISBN 2-8318-1068-2. |
| Planned learning activities and teaching methods |
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| Lectures, Tutorials |
| Assesment methods and criteria |
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| Task Title | Task Type | Maximum Number of Points
(Act. for Subtasks) | Minimum Number of Points for Task Passing |
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| Credit and Examination | Credit and Examination | 100 (100) | 51 |
| Credit | Credit | 30 | 15 |
| Examination | Examination | 70 | 36 |