VGU Urban Development Planning Overview over Modules and ...

Technical University Darmstadt www.urban-studies.de
International
Co-operation
and Urban
Development
Course description
1 Course identification
2.6.3. B
2 Module 2.6.
International
cooperation skills
3 Name of course Project finance and flow of project funds
4 Course instructor Prof. Dr. Karl Kluegel, Politechnic Zürich
Prof. Dr. Dietmar Wiegand, TU Vienna
5 Contents /syllabus Urban development projects typically move large sums
of money around – sometimes (especially in the
context of international co-operation) between
countries and continents. Usually, different funding
agencies are involved, banks charge differential fees
and grant different interest rates, if at all. Idle ‘parking’
and mal-management of funds must be avoided,
accounting must be transparent and correct. In some
cases it will be necessary to employ (and supervise)
an accountant, in others just an auditor. A basic
knowledge of these conditions and practices is needed
for experts writing project proposals and work in team
leader positions. The necessary expertise is being
taught in this module. Topics include, among others,
project budgeting, project budget programming, basket
funding, micro credits, business plans.
6 Learning outcomes After completion of this module the students should
� be familiar with typical cost forecasting and fund
administration techniques
� practices for low of development project funds
� know the specific terminology used in project
finance procedures
� be able to (conduct or) contribute ideas in
financial negotiations with bankers and project
partners
2.6.3 Page 1