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SRQ764 Assessment Tasks T2 2022

1) The document provides instructions for three assignments for the SRQ764 Building Project Evaluation unit, including assessment criteria and submission deadlines. 2) Assignment 1 requires students to individually select a development site and submit a 2,000-word property valuation report estimating the land value using industry techniques and processes. 3) The report will be assessed based on a letter of transmittal, problem analysis, property analysis, evaluation of alternative uses, and overall quality of explanations provided.

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0% found this document useful (0 votes)
144 views17 pages

SRQ764 Assessment Tasks T2 2022

1) The document provides instructions for three assignments for the SRQ764 Building Project Evaluation unit, including assessment criteria and submission deadlines. 2) Assignment 1 requires students to individually select a development site and submit a 2,000-word property valuation report estimating the land value using industry techniques and processes. 3) The report will be assessed based on a letter of transmittal, problem analysis, property analysis, evaluation of alternative uses, and overall quality of explanations provided.

Uploaded by

ali
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SRQ764 Building Project Evaluation

SRQ764 Building Project Evaluation


School of Architecture and Built Environment
Trimester 2, 2022
Unit Chair: Dr Xin Hu

GENERAL INSTRUCTIONS

1. This document is to be read in conjunction with the Unit Guide for this unit.

2. It is the responsibility of each student to confirm submission requirements including date, time,
and format.

3. Extension or Special Consideration may be considered for late submission. It is the responsibility
of each student to understand Deakin regulations regarding late submission and Special
Consideration for assessment.

4. You will be required to complete Assignment 1 as an individual, Assignment 2 in a group of five


students, and Assignment 3 as an individual. It is your responsibility to form your own group for
the Assignment 2.

5. All assignments must be submitted electronically through CloudDeakin. Assignments submitted


in any other way will not be marked.

6. All assignments submitted through CloudDeakin must be in Portable Document Format (PDF).

7. You may refer to publications, but you must write in your own “voice” and cite the references
using the Harvard referencing style (Details about the Harvard referencing style can be found at:
https://www.deakin.edu.au/students/studying/study-support/referencing). It is essential for you
to fully understand what you write and to be able to verify your source if you are requested. The
library provides workshops and advice on citations and referencing.

8. The University regards plagiarism as an extremely serious academic offence. Submission through
CloudDeakin includes your declaration that the work submitted is entirely your own group or
individual.

9. If you are not clear about the requirements of the assignments, please seek your Lecturer’s help
as soon as possible.

10. Before starting your assignment, please read the University document, Study Support, at:
https://www.deakin.edu.au/students/studying/study-support

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

ASSESSMENT SCHEDULE

No Deliverable Mark (%) Format Submission Date Description

Week 5: Friday, 12 August 2022 by


1 Property Valuation Report 30 Individual Written Report
8:00pm (AEST)

Week 9: Friday, 16 September 2022 by


2 Group Research Report 40 Group Written Report
8:00pm (AEST)

Week 12: Friday, 7 October 2022 by


3 Individual Report 30 Individual Written Report
8:00pm (AEDT)

100

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

ASSIGNMENT 1
Property Valuation Report
30%

PURPOSE OF ASSIGNMENT 1

The purpose of this assignment is to enable you to:

• Examine implications of various social and economic factors for property development and
investment

• Apply processes and techniques to evaluate the economic components of complex building
projects

• Evaluate and recommend processes and techniques used to prepare property valuation
reports

ASSIGNMENT TASK

Appraisal is about estimating the worth of something. Estimating the land value of a site is an
important part of building development appraisal.

You will need to select a site that can be used for a commercial property development. Then, you
are required to submit a Property Valuation Report that estimates the land value of the site. The
report must document processes and techniques used in property valuation.

Please note that the assignment task is about working out the possible land value of the site (not the
value of building, not the value of building+land).

You can select an appropriate site on some property websites, such as Pricefinder
(https://www.pricefinder.com.au/portal/app?service=external&page=setup/AutoSetup&cid=deakin)
and Commercial Real Estate (https://www.commercialrealestate.com.au/).

ADDITIONAL INFORMATION

This is an assignment that is to be submitted and marked as an individual.

FORMAT OF ASSIGNMENT

The assignment should be submitted as a Property Valuation Report.

This assignment should be presented as a single PDF document and should be presented as a well
formatted and structured report.

The report should be approximately 2,000 words (excluding diagrams, photos, tables, charts,
references, and appendices). The numbers of words in Title page and Table of contents are also
excluded.

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

ASSESSMENT SUBMISSION

Submission is required on or before 8:00 pm Friday 12 August 2022 (AEST) through the “Assignment
1: Property Valuation Report” folder in CloudDeakin.

ASSESSMENT CRITERIA

A detailed rubric is provided on the next page.

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

ASSESSMENT CRITERIA

Criteria HD D C P N Total

Letter of Excellent letter of Very good letter of Good letter of Basic letter of Poor letter of 10
transmittal transmittal and transmittal and transmittal and transmittal and transmittal and
and executive summary executive summary executive summary executive summary executive summary
executive with all key property with most key with general property with limited property with very limited
summary valuation information property valuation valuation information valuation information property valuation
included information included included included information included

Problem Excellent problem Very good problem Good problem analysis Basic problem Poor problem 10
analysis and analysis and value analysis and value and value definition analysis and value analysis and value
value definition with definition with some with some general definition with definition with very
definition detailed explanations good explanations explanations limited explanations limited explanations

Property Excellent property Very good property Good property Basic property Poor property 20
analysis and analysis and analysis and analysis and analysis and analysis and
specification specification with very specification with specification with specification with specification with
detailed and some good site some general site limited site very limited site
comprehensive site information. Contents information. Contents information. information.
information. Contents are clear and are generally provided Contents need Contents need a lot
are very clear and well supported further clarification of clarification
supported

Evaluation Excellent analysis Very good analysis Good analysis about Basic analysis about Poor analysis about 10
of about the alternative about the alternative the alternative uses the alternative uses the alternative uses
alternative uses and selection of uses and selection of and selection of most and selection of most and selection of most
uses and most probable use most probable use probable use with probable use with probable use with
selection of with very detailed with some good some general limited explanations. very limited
most explanations. Main explanations. Main explanations. Main Main opinions need explanations. Main
probable opinions are very opinions are clear and opinions are provided further clarification
clear and well

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

use supported supported opinions need a lot


of clarification

Price Excellent site Very good site Good site valuation Basic site valuation Poor site valuation 30
prediction valuation with the valuation with few with a few issues with some issues with a lot of issues
correct use of issues related to the related to the used related to the used related to the used
valuation processes used valuation valuation processes valuation processes valuation processes
and technique processes and and technique and technique and technique
technique

Conclusions Excellent conclusions Very good conclusions Good conclusions with Basic conclusions Poor conclusions 10
and limiting with key valuation with most key several key valuation with limited key with very limited key
conditions results. Excellent and valuation results. Very results. Good valuation results. valuation results.
comprehensive good discussion about discussion about the Basic discussion Poor discussion
discussion about the the limiting conditions limiting conditions of about the limiting about the limiting
limiting conditions of of the valuation with the valuation with conditions of the conditions of the
the valuation with some good some general valuation with limited valuation with very
detailed explanations explanations explanations explanations limited explanations

Report Excellent structure of Very good structure of Good structure of the Acceptable structure Report is not 10
structure the report. All the report. Most report. Some of the report. Some formatted.
and references cited references cited references cited references cited References are not
references correctly correctly incorrectly incorrectly provided

Total marks available 100

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

ASSIGNMENT 2
Group Research Report
40%

PURPOSE OF ASSIGNMENT 2

The purpose of this assignment is to enable you to:

• Examine implications of various social and economic factors for property development and
investment

• Apply processes and techniques to evaluate the economic components of complex building
projects

• Prepare and justify a detailed development and investment feasibility study for a complex
building project

ASSIGNMENT TASK

You will work in a group of five students for this assignment. It is your responsibility to establish your
own group. Group sign-up boxes have been created online in CloudDeakin where you must sign-up
to join groups.

You will work with your group members to prepare a group research report on a commercial
property development that is to retain/increase its value as a property investment for 10 years. Your
group research report should include the project development part (Step 1, Step 2, Step 3) and the
project investment part (Step 4, Step 5).

The project development part (Step 1, Step 2, Step 3)

The Development Pty Ltd will develop a major commercial project.

Step 1 – Economic conditions for commercial property development and finance

Your group will need to research and analyse the current economic conditions for commercial
property development. In addition, for the Development Pty Ltd, your group will also assume the
amount of equity available for the property development and the loan amount that can be
obtained.

Step 2 – Site selection and development proposal

Your group will select a site that is suitable for the development of a major commercial project
in any location and market sector. The selected site may be a vacant land, or it may contain a
building or buildings. If the selected site contains a building or buildings, your group will assume
that demolition will be one part of the development process (In this situation, the demolition
related costs should be considered in the site valuation of Step 3). Your group needs describe
the features of the selected site from different perspectives, such as:

• Locality plan showing main roads, railways, retail centres and other major infrastructure
• Site plan showing dimensions
• Zoning information of the site

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

• Allowable uses extracted from the relevant planning scheme


• Photographs of the site
• Other relevant features
On the basis of understanding the economic conditions and the selected site, your group will
determine and describe the proposed development and explain why your group is undertaking
it. The proposed development should be a major commercial project, such as a large office
building, a shopping centre, or other major commercial projects. The proposed development
must be substantial enough to enable your group to undertake a significant development and
investment (In this assignment, this means that the gross floor area of the proposed
development should be more than 2,000 m2). Examples of projects considered too small are a
small office building and a single retail shop. In addition, your group will also need to provide
simple floor plans of the proposed development, which will enable your group to determine
project-related variables and their values (e.g., gross floor area, net rentable area). These
variables and their values will be used in the Step 3.

Step 3 – Site valuation

Your group will undertake the appraisal of the proposed development to determine the land
value of the site. For this exercise, your group will use the residual valuation method. To use this
method, your group will need to identify different variables and estimate their values, such as
variables related to income, property value, building cost, marketing cost, finance, and profit.
The specific processes of estimating the values of these different variables should be provided in
this step.

To complete this step, your group will need to undertake a considerable amount of market
research to collect all the needed information. For instance, this may involve reading the
property press over the past months.

The project investment part (Step 4, Step 5)

The major commercial project (developed by the Development Pty Ltd in the project development
part) will be sold to the Investment Pty Ltd, and the Investment Pty Ltd will retain the project for 10-
year investment and then sell it.

Step 4 – Economic conditions for commercial property investment, cash flow (before tax), and
risk analysis

To commence this step, your group will need to carry forward the value created in the
development as the purchase price for the investment. For the Investment Pty Ltd, your group
will also assume how much equity is available and how much needs to be borrowed for the
property investment. The borrowed loan will be a cash inflow in the year zero. The loan will also
incur interest and it must be repaid either during the investment period or at the end of the
investment period.

Your group will need to research and analyse the current economic conditions for commercial
property investment. On the basis, your group should identify and determine the variables and
their values that will be used in the property investment analysis, such as rental income, rent
review, reversionary yield, property purchase and sales expenses, and building effective life. At
last, your group will need to develop a net cash flow (before tax) for the 10-year investment
period.

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

In this step, your group should also identify risks for the investment and discuss how these risks
can be effectively managed.

Step 5 - Taxation and cash flow (after tax)

Your group will need to access the Australian Taxation Office (www.ato.gov.au) to ascertain the
capital allowances, company income tax, capital gains tax applicable to the property investment.
Your group must determine them and put them into the cash flow table so that your group can
finish with a net cash flow (after tax). At the end, your group will need to determine the Internal
Rate of Return for the property investment.

ADDITIONAL INFORMATION

This is an assignment that is to be submitted and marked as a group of five.

Group members should communicate with the Unit Chair preferably early in the trimester if there
are any group conflicts.

When the assignment is submitted, each group must provide a reflection on how the group went
about completing this assignment, including the distribution of the work, and the contribution and
engagement of each group member.

FORMAT OF ASSIGNMENT

Your group should produce a written report that has: Title page, Table of contents, Executive
summary, Introduction, Main body (Responding to all the parts in the ASSESSMENT TASK),
Conclusion, and References.

This assignment should be presented as a single PDF document and should be presented as a well
formatted and structured report.

The submitted research report should be approximately 3,500 words (excluding diagrams, photos,
tables, charts, references, and appendices). The numbers of words in Title page and Table of
contents are also excluded.

ASSESSMENT SUBMISSION

Submission is required on or before 8:00 pm Friday 16 September 2022 (AEST) through the
“Assignment 2: Group Research Report” folder in CloudDeakin.

ASSESSMENT CRITERIA

A detailed rubric is provided on the next page.

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

ASSESSMENT CRITERIA

Criteria HD D C P N Total

Economic Excellent research and Very good research and Good research and Basic research and Poor research and 10
conditions for analysis about analysis about analysis about analysis about analysis about
commercial economic conditions economic conditions for economic conditions economic conditions economic conditions
property for commercial commercial property for commercial for commercial for commercial
development property development development with some property development property development property development
and finance with detailed good explanations. Very with some general with limited with very limited
explanations. Excellent good description about explanations. Good explanations. Basic explanations. Poor
description about the the financial condition description about the description about the description about the
financial condition of of the Development Pty financial condition of financial condition of financial condition of
the Development Pty Ltd. Main opinions are the Development Pty the Development Pty the Development Pty
Ltd. Main opinions are clear and supported Ltd. Main opinions are Ltd. Main opinions Ltd. Main opinions
very clear and well provided need further need a lot of
supported clarification clarification

Site selection Excellent description Very good description Good description Basic description Poor description about 20
and about the selected site about the selected site about the selected site about the selected the selected site with
development with very detailed and with some good details. selection with some site with limited very limited details.
proposal comprehensive Very good description general details. Good details. Basic Poor description about
information. Excellent about the proposed description about the description about the the proposed
description about the development with some proposed proposed development with very
proposed good explanations development with development with limited explanations
development with some general limited explanations
very specific and explanations
detailed explanations

Site valuation Excellent site valuation Very good site valuation Good site valuation Basic site valuation Poor site valuation with 20
with the correct use of with few issues related with a few issues with some issues a lot of issues related to
related to the used related to the used

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

the valuation to the used valuation valuation processes valuation processes the used valuation
processes and method processes and method and method and method processes and method

Economic Excellent research and Very good research and Good research and Basic research and Poor research and 25
conditions for analysis about analysis about analysis about analysis about analysis about
commercial economic conditions economic conditions for economic conditions economic conditions economic conditions
property for commercial commercial property for commercial for commercial for commercial
investment, property investment investment with some property investment property investment property investment
cash flow with detailed good explanations. Very with some general with limited with very limited
(before tax), explanations. Excellent good cash flow (before explanations. Good explanations. Basic explanations. Poor cash
and risk cash flow (before tax) tax) with few errors. cash flow (before tax) cash flow (before tax) flow (before tax) with a
analysis without errors. Very good risk analysis with a few errors. with some errors. lot of errors. Poor good
Excellent risk analysis with some good Good risk analysis with Basic risk analysis with risk analysis with very
with very specific and explanations some general limited explanations limited explanations
detailed explanations explanations

Taxation and Excellent tax Very good tax Good tax calculations Basic tax calculations Poor tax calculations 15
cash flow calculations without calculations with few with a few errors. with some errors. with a lot of errors.
(after tax) errors. Excellent cash errors. Very good cash Good cash flow (after Good cash flow (after Poor cash flow (after
flow (after tax) flow (after tax) with few tax) with a few errors tax) with some errors tax) with a lot of errors
without errors errors

Report Excellent structure of Very good structure of Good structure of the Acceptable structure Report is not 10
structure and the report. All the report. Most report. Some of the report. Some formatted. References
references references cited references cited references cited references cited are not provided
correctly correctly incorrectly incorrectly

Total available marks 100

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

ASSIGNMENT 3
Individual Report
30%

PURPOSE OF ASSIGNMENT 3

The purpose of this assignment is to enable you to:

• Examine implications of various social and economic factors for property development and
investment

• Demonstrate an understanding of property markets and analyse property operation and


maintenance from a life-cycle perspective

• Apply processes and techniques to evaluate the economic components of complex building
projects

ASSIGNMENT TASK

Part 1: The residential property market is an important part of the Australian economy. You are
required to critically analyse the residential property market in Australia. The Part 1 report should
include:

1.1 Research and outline the current state of the residential property market in Australia.

1.2 Identify and explain two significant challenges in the current Australian residential property
market.

1.3 Identify and discuss the possible strategies that can be used to solve the identified two
challenges.

Part 2: You are a manager in a property developer in Australia. Currently, your company bought a
site for a large office property development. On the basis of site investigation and market research,
you have identfied some key variables and their values for the proposed development (Table 1). You
are required to conduct a residual analysis and explore risky factors that can influence the residual
analysis result based on sensitivity analysis. The Part 2 report should include:

2.1 Calculate the residual value of the site.

Note: Only providing the final calculation result (e.g., a number) will not be accepted. The
calculation process should be provided in the report.

2.2 In the above residual analysis, the “Rental income (per m2 per month)” and the “Finance
cost” are two risky factors as they are heavily influenced by some external factors (e.g.,
economic conditions) and their values may change easily and significantly. You are required to
conduct sensitivity analysis for the two variables of “Rental income (per m2 per month)” and
“Finance cost” in order to explore their influences on the residual value of the site.

Table 1. Data of the proposed large office property development

Land area 4,500 m2

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

Plot ratio 4:1


Net rental area 80% of gross floor area
Rental income $(25+X) per m2 per month
Outgoings 20% of gross annual income
Projected yield 7%
Selling costs 7.5% of property value
Profit required 15% of property value
Site preparation costs Demolition $300,000
Basement removal and filling $200,000
Building construction costs $(1,300+X) per m2 gross floor area
Professional fees 12% of the sum of site preparation costs and building
construction costs
Finance cost $5 million
Note: “X” is the last number of your Deakin Student ID.
For example, if a student’s Deakin Student ID is 123456789, X is 9.
Then, “Rental income” is: $(25+X) = $(25+9) = $34 per m2 per month
“Building construction costs” is: $(1,300+X) = $(1,300+9) = $1,309 per m2 gross floor area
Part 3: It is crucial for project managers to consider the life cycle cost of a building project when they
make decisions about property development and investment. The Part 3 report should include:

3.1 It is generally accepted that the cost of operating a building over its useful life is many times
greater than its original construction cost. If you are a development manager of an office
building, you are required to identify and explain three ways you could use to reduce future
operation costs of the building.

3.2 Given the following details about two proposed projects (Table 2), you are required to carry
out a life cycle cost assessment. This will include:

3.2.1 The Net Present Value (NPV) calculations of Project A and Project B, and
recommendation regarding which project is most feasible (based on NPV only).

Note: Only providing the final calculation results (e.g., two numbers) will not be accepted. The
cash flow tables should be provided in the report.

3.2.2 On the basis of the life cycle cost analysis, you are required to discuss the proposition
“Decisions of property development should be based on the life cycle cost of the property,
instead of only based on the initial development cost”.

Table 2. Information of project A and project B

Project Details Project A Project B


Initial development cost 9 + (Y ÷ 10) 4 + (Y ÷ 10) million
Annual operation and maintenance costs 1.5 1.7 million
Expected annual income 3.7 2.9 million
Additional non-annual repair costs 0.9 0.4 million
Repair frequency 4 2 years
Expected lifespan of the asset 9 9 years
Predicted resale costs 0.7 0.3 million
Predicted resale value 10 + (Y ÷ 10) 5 + (Y ÷ 10) million
The discount rate predicted for the duration 4% 4%
of the project timeframe

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

Note: “Y” is the last number of your Deakin Student ID.


For example, if a student’s Deakin Student ID is 123456789, Y is 9.
Then, “Initial development cost” (Project A) is: 9 + (Y ÷ 10) = 9 + (9 ÷ 10) = 9.9 million
“Initial development cost” (Project B) is: 4 + (Y ÷ 10) = 4 + (9 ÷ 10) = 4.9 million
“Predicted resale value” (Project A) is: 10 + (Y ÷ 10) = 10 + (9 ÷ 10) = 10.9 million
“Predicted resale value” (Project B) is: 5 + (Y ÷ 10) = 5 + (9 ÷ 10) = 5.9 million

ADDITIONAL INFORMATION

This is an assignment that is to be submitted and marked as an individual.

FORMAT OF ASSIGNMENT

You should produce a written report that has: Title page, Table of contents, Main body (Responding
to all the parts in the ASSESSMENT TASK), and References.

This assignment should be presented as a single PDF document and should be presented as a well
formatted and structured report.

The report should not exceed 3,000 words (excluding diagrams, tables, charts, references, and
appendices). The numbers of words in Title page and Table of contents are also excluded.

ASSESSMENT SUBMISSION

Submission is required on or before 8:00 pm Friday 7 October 2022 (AEDT) through the “Assignment
3: Individual Report” folder in CloudDeakin.

ASSESSMENT CRITERIA

A detailed rubric is provided on the next page.

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

ASSESSMENT CRITERIA

Criteria HD D C P N Total

Part 1: Research Excellent research and Very good research Good research and Basic research and Poor research and 10
and outline the outline about the and outline about outline about the outline about the outline about the
current state of current state of the the current state of current state of the current state of the current state of the
the residential residential property residential property residential property residential property residential property
property market market in Australia market in Australia market in Australia market in Australia market in Australia with
in Australia with detailed with some good with some general with limited very limited
explanations. Main explanations. Main explanations. Main explanations. Main explanations. Main
opinions are very clear opinions are clear opinions are provided opinions need further opinions need a lot of
and well supported and supported clarification clarification

Part 1: Identify Excellent identification Very good Good identification of Basic identification of Poor identification of 15
and explain two of two significant identification of two two significant two challenges in the two (or less) challenges
significant challenges in the significant challenges challenges in the current Australian in the current
challenges in the current Australian in the current current Australian residential property Australian residential
current Australian residential property Australian residential residential property market. Main opinions property market with
residential market with detailed property market market with some need further very limited
property market explanations. Main with some good general explanations. clarification explanaitons. Main
opinions are very clear explanations. Main Main opinions are opinions need a lot of
and well supported opinions are clear provided clarification
and supported

Part 1: Identify Excellent identification Very good Good identification of Basic identification of Poor identification of 10
and discuss the of strategies used to identification of strategies used to strategies used to strategies used to solve
possible solve the two strategies used to solve the two solve the two the two (or less)
strategies that challenges with solve the two challenges with some challenges with challenges with very
can be used to detailed discussions. challenges with general explanations. limited explanations. limited explanaitons.
solve the Main opinions are very some good Main opinions are Main opinions need Main opinions need a
discussions. Main provided further clarification lot of clarification

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

identified two clear and well opinions are clear


challenges supported and supported

Part 2: Calculate Correct calculation of Calculation of the Calculation of the Calculation of the Calculation of the 10
the residual value the residual value of residual value of the residual value of the residual value of the residual value of the
of the site the site without errors site with few errors site with a few errors site with some errors site with a lot of errors

Part 2: Sensitivity Correct use of the Use of the sensitivity Use of the sensitivity Use of the sensitivity Use of the sensitivity 15
analysis for the sensitivity analysis to analysis to explore analysis to explore the analysis to explore the analysis to explore the
two variables of explore the influences the influences of the influences of the two influences of the two influences of the two
“Rental income of the two variables two variables with variables with a few variables with some variables with a lot of
(per m2 per without errors few errors errors errors errors
month)” and
“Finance cost”

Part 3: Identify Excellent identification Very good Good identification of Basic identification of Poor identification of 10
and explain three of three ways to identification of three ways to reduce three ways to reduce three ways to reduce
ways you could reduce life cycle cost three ways to reduce life cycle cost of the life cycle cost of the life cycle cost of the
use to reduce of the building with life cycle cost of the building with some building with limited building with very
future operation detailed explanations. building with some general explanations. explanations. Main limited explanaitons.
costs of the Main opinions are very good explanations. Main opinions are opinions need further Main opinions need a
building clear and well Main opinions are provided clarification lot of clarification
supported clear and supported

Part 3: The Correct calculation of Calculation of NPV Calculation of NPV Calculation of NPV Calculation of NPV with 10
calculation of Net NPV without errors. with few errors. The with a few errors. The with some errors. The a lot of errors. The
Present Value Correct recommendation of recommendation of recommendation of recommendation of the
(NPV), and recommendation of the most feasible the most feasible the most feasible most feasible project is
recommendation the most feasible project is based on project is based on project is based on not based on NPV
of the most project based on NPV NPV NPV NPV
feasible project

©Deakin University Trimester 2, 2022


SRQ764 Building Project Evaluation

Part 3: Discussion Excellent discussion of Very good discussion Good discussion of the Basic discussion of the Poor discussion of the 10
of the proposition the proposition with of the proposition proposition with some proposition with proposition with very
detailed explanations. with some good general explanations. limited explanations. limited explanaitons.
Main opinions are very explanations. Main Main opinions are Main opinions need Main opinions need a
clear and well opinions are clear provided further clarification lot of clarification
supported and supported

Report structure Excellent structure of Very good structure Good structure of the Acceptable structure Report is not 10
and references the report. All of the report. Most report. Some of the report. Some formatted. References
references cited references cited references cited references cited are not provided
correctly correctly incorrectly incorrectly

Total available marks 100

©Deakin University Trimester 2, 2022

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