NG2S717 - Project Finance 01 Aug 2023 - 31 Aug 2030 | Version 1
Associated Module Information
| Module Code: | NG2S717 | ||
|---|---|---|---|
| Module Title: | Project Finance | ||
| Faculty: | Faculty of Computing, Engineering and Science | ||
| Faculty Group: | Engineering | ||
| Faculty Sub Group: | Built Environment | ||
| Module Leader: | Joseph Crago, Stuart Bunston | ||
| Module Team: | Sarah Moses | ||
| First Intended Intake: | SEP 2027 | Final Year of Intake: | 2027 |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 5 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100107 - finance | 100149 - construction | |
| HECOS Code Weighting: | 50 | 50 | |
Document Version Information
| Version | 1 |
|---|---|
| Valid From | 01 Aug 2023 |
| Valid To | 31 Aug 2030 |
Module Aims
To develop an understanding of the design development process and demonstrate an application of the main factors that affect the construction cost of a building / development site.
To develop a knowledge and understanding of the processes of tendering and estimating; basic rate build-ups and composite rate calculations.
Content Summary
In this module the student will gain an insight into the following areas:
An introduction to the Development Process, examining the different stages of the RIBA plan of work as well as the economic context for development to take place.
An introduction to property development appraisal: residual valuation, cashflow methods, sensitivity and risk analysis.
An examination of the factors that affect design economics including building shape, time, location and specification.
An introduction to pre-tender estimation utilising the guidance as provided within NRM1.
An appreciation of tendering procedures and strategies.
The construction of the tender submission through the analysis of unit rate calculations.
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Lecture | 24 |
| Seminar | 12 |
| Independent Study | 52 |
| Directed Study | 100 |
| Active/Simulation Based | 8 |
| Groupwork | 4 |
| Total Hours Selected | 200 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Students will understand and demonstrate how design decisions impact upon project development and construction cost. |
| LO2 | Students will be able to produce project estimates. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Synchronous Online Practical Assessment | Simulation (Online) 1 | A simulation on module topic. | 0 | N/A | 50 | No | 40 |
| Synchronous Online Assessment | Classroom Test - Time Constrained (Online) 1 | Class test | 60 | N/A | 50 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Simulation (Online) 1 | ✔ | ✔ | |
| Classroom Test - Time Constrained (Online) 1 | ✔ | ✔ | |