During this course, managerial and economic decisions at different levels (sector, firm, project, operational) of the building production process are introduced. Design and construction firm’s relations and organizational patterns will also be examined. The most important parts of the course relate to the evaluation of building investments, feasibility studies, project delivery systems, organizational structures and cost management or cost estimation. Time and resource management estimation, planning and control, site management and planning are also surveyed. Risk management and risk planning and control are also discussed, along with the role of architects in different stages of the production process and within the context of construction laws and regulations.