Budget and value report, Risk Management

Assignment Help:

A strategy value assessment, based on calculating the budget of the project. Discussion should not restrict itself to construction cost control but should consider the life cycle and phasing implications and the value balance between capital cost, quality, sales and life cycle costs for PHASE ONE.

Guidelines

  • Do a budget for the phase one main buildings as indicated in the phase plan. Information to support this is the accomodation schedule and the Turner Townsend cost document (posted on the BNEweb).
  • Allow for consultancy design and other fees of 15% and justify an allowance for infrastructure costs
  • Put this budget on a time base and qualitatively consider the revenue streams which will apply to offset the cost

Your appendix should show

  • A cost budget on a time base
  • The workings for your cost build up
  • Any other relevant references you have used
  • Identify assumptions

This element of the project is NOT displayed at the crit.

Your report should critically evaluate the options and phasing and indicate how they can induce value into the scheme.  Rationalise how you have managed the constraints and derived your income and expenditure projections.  Show that you understand and justify the priority of benefits within an understanding of the magnitude of the cost of obtaining it.

Some notes.

You may use the gross floor areas of different types of use in PHASE ONE as stated in the accomodation schedule. You may use the cost schedule guidelines to work out a cost/m2 to obtain what you think is a competitive budget for the university. In assessing revenues and asset disposals this can be done qualitatively so you are not tempted to artificially raise values to make cash flows balance.


Related Discussions:- Budget and value report

Asset registration update, what are the risk management in an asset registe...

what are the risk management in an asset register that is not updated on a timely basis

Explain extension and contraction risk, Question 1 (a)  Prepayment r...

Question 1 (a)  Prepayment refers to paying principal on a security before the due date. Prepayment risk is the risk associated with the early unscheduled return of principal

New student, what are the risk in management when you don''t have a fix pla...

what are the risk in management when you don''t have a fix plan of what you want o accomplish?

Explain the risk management strategies, Explain the Risk management strateg...

Explain the Risk management strategies Retain the risk If risk is small and won't affect company's profits, company does very little and lives with i

Risk premium, Risk Premium A risk premium is the extra or excess which ...

Risk Premium A risk premium is the extra or excess which is return on a risky asset relative to the return on risk-free assets. Therefore, it defines the additional return that

Task for report and appendices, The task for Report & Appendices The ma...

The task for Report & Appendices The main aim of the appendices is to show a series of graphical and descriptive material which demonstrate your technical knowledge of the proc

What is business risk - non-systematic risk, What is Business Risk - Non-Sy...

What is Business Risk - Non-Systematic Risk Risk of doing business in a particular industry or environment is known as business risk. For instance, as one of the largest steel

Internal control systems need to be continuously monitored, QUESTION (a...

QUESTION (a) Internal control systems need to be continuously monitored. This is a process that assesses the quality of the performance of a system over time and is accomplishe

American risk and insurance association, It is a professional organization ...

It is a professional organization for associates and academics in the insurance sector. The American Risk and Insurance Association comprises of scholars, carriers and individuals

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd