QUSU08018 2013 Development Appraisal and Economics
This module details the characteristics of the construction industry and the factors that influence it. The module also evaluates the different investment appraisal techniques required by decision makers and the influence of Government policy on the construction and property industries.
Learning Outcomes
On completion of this module the learner will/should be able to;
Appraise the principles and practice of procurement in the construction / property context.
Assess the techniques and tools available to the client to manage value and risk throughout the development process.
Critically evaluate the affect of current government policy on the construction and property industry.
Ascertain the alternative forms of capital investment used by firms within the property and construction industry.
Assess the different investment appraisal techniques used in the property and construction industries.
Module Assessment Strategies
Continuous assessment and final examination.
Indicative Syllabus
1. Procurement strategies.
2. Risk and Value Management from the client’s perspective.
3. Cost Benefit Analysis.
4. Property development process.
5. Development Appraisal.
6. Capital Investment.
7. Government intervention in the construction and property industry.
8. Project Cost Management.
9. Earned Value Management.
10. Present Worth Evaluation, Equivalent Annual Worth, Rate of Return.
Coursework & Assessment Breakdown
Coursework Assessment
Title | Type | Form | Percent | Week | Learning Outcomes Assessed | |
---|---|---|---|---|---|---|
1 | Continuous Assessment | Continuous Assessment | UNKNOWN | 40 % | OnGoing | 1,2,3,4,5 |
End of Semester / Year Assessment
Title | Type | Form | Percent | Week | Learning Outcomes Assessed | |
---|---|---|---|---|---|---|
1 | Final Exam | Final Exam | UNKNOWN | 60 % | End of Term | 1,2,3,4,5 |
Full Time Mode Workload
Type | Location | Description | Hours | Frequency | Avg Workload |
---|---|---|---|---|---|
Lecture | Lecture Theatre | Development Appraisal and Economics | 3 | Weekly | 3.00 |
Independent Learning | UNKNOWN | Development Appraisal and Economics | 4 | Weekly | 4.00 |
Part Time Mode Workload
Type | Location | Description | Hours | Frequency | Avg Workload |
---|---|---|---|---|---|
Lecture | Distance Learning Suite | Development Appraisal and Economics | 2 | Weekly | 2.00 |
Independent Learning | UNKNOWN | Development Appraisal and Economics | 5 | Weekly | 5.00 |
Module Resources
1. Isaac, D., O’Leary, J. and Daley, M. (2010) Property Development, Appraisal and Finance, 2nd Ed., Palgrave Macmillan.
2. Baum, A. E. and Crosby, N. (2007) Property Investment Appraisal, 3rd Ed., Blackwell Publishing.
3. O’Hagan, J. and Newman, C. (2011) The economy of Ireland, 11th. Ed. Gill & Macmillan.
4. Clough, R.H. (2000) Construction Project Management, John Wiley & Sons.
5. Oberlender, G.D. (2000) Project Management for Engineering and Construction, McGraw-Hill.
6. Rodgers, M. (2001) Engineering Project Appraisal, Blackwell Publishing.
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