What Is an MBA in Construction Project Management?

 

A Master of Business Administration degree gives you a robust toolkit for managing people and processes, building successful business strategies, and being an effective business leader. Many online MBA degrees provide curricula with a more specialized focus. At Lamar University, one of the specialized curriculum tracks is Construction Project Management.

With a diverse and nationally recognized foundation of core coursework, the online MBA at Lamar University prepares students for the rigorous demands of modern business leadership. The foundation courses in international business strategies, managerial economics and core managerial decision-making skills prepare students for the advanced coursework in the Construction Project Management specialization.

How Things Are Made

The construction industry is responsible for the growth and upkeep of a nation’s infrastructure, a city’s core services and new development, and a population’s constant need for new housing. Managing a construction project involves many moving parts and products, coming together in an intricate dance that turns a hole in the ground into an impressive structure of glass, steel and brick that will provide shelter and services for generations.

Lamar University’s Construction Planning and Scheduling course provides students with useful experience in the planning stage of a construction project. Materials have to be procured and delivered. Workers and machines should arrive in the proper order. And someone has to clean up the mess. All these pieces of a construction project must work smoothly together so that the project can be completed on time and under budget. Learning how to break down work activity, manage resource allocation and craft a critical path methodology are all vitally important to the success of a well-run project.

In addition to all this planning, you need to figure how to pay for it all. Lamar University’s Construction Cost Estimating and Analysis course provides detailed instruction on project estimation projections, labor costs (both direct and indirect), material acquisition and equipment depreciation. There will be an accounting of every dollar spent and every nail hammered, and this course will teach you how to use modern software to provide accurate and efficient reports on the overall cost of the project.

Which Tool for Which Job?

The Legal Practices in Construction course and the Construction Safety Management course provide an understanding of the local, state and federal statutes that will impact the construction project. Providing a safe workplace is imperative for the completion of the project. You will need to know how to write contracts, craft specification documentation, provide insurance and bonding, and deal with disputes, claims and payments.

Putting the Pieces Together

Lamar University’s Sustainable Built Environment and Society course will discuss core concepts of sustainability and environmental impact as they relate to a variety of construction projects. As the availability of core resources and materials changes, construction project managers must learn how to craft energy-efficient designs and buildings that can take advantage of renewable energy resources. Programs like USGBC LEED provide a roadmap for using these technologies and techniques in modern building and infrastructure design, and this course will teach students how to benefit from sustainable construction practices.

An MBA with a focus in Construction Project Management will elevate business leaders with existing experience in the construction industry into positions where they can be responsible for large projects on both a national and international level. There will always be a need to build and grow. MBAs who know how to craft a sustainable infrastructure will be invaluable as our population increases and our need for resources increases in kind. Integrating a core study in modern business administration practices with a deep knowledge of the specialized intricacies of the construction industry will provide visionary business leaders with all the tools they need to build the future.

Learn more about the Lamar University online MBA in Construction Project Management.


 

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