Credit Points 10

Legacy Code 201014

Coordinator Za Manaf Opens in new window

Description This unit emphasises the evaluation of a site for the purposes of selecting development projects, evaluating different options and making the decision as to whether to proceed to a more detailed feasibility study and modelling. The unit provides students with the knowledge and skills to prepare a full feasibility report and analysis of a project's concept and financial modelling. Students will apply theories and concepts to a case study using current and available applications.

School Business

Discipline Real Estate

Student Contribution Band HECS Band 4 10cp

Level Postgraduate Coursework Level 7 subject

Equivalent Subjects MKTG 7022 - Property Feasibility Study LGYB 7483 - Feasibility Study

Restrictions

Students must be enrolled in a postgraduate Business program.

Learning Outcomes

On successful completion of this subject, students should be able to:

1. Conduct a preliminary feasibility study of a proposed development;
2. Design and evaluate a development�fs objectives in order to determine risks and returns of the project;
3. Determine appropriate financial modelling to implement development strategies and options;
4. Monitor and report on the financial performance of the completed project.

Subject Content

Feasibility studies and reporting
The various concepts of feasibility: Conceptual and Financial modelling
Preliminary financial feasibility: Introduction to financial analysis and application of Altus?fs modelling
Sustainable property practice, minimising risk in the feasibility process and risk management strategies
Sensitivity analysis, simulation scenario analysis, financial feasibility and the decision making process
Returns and risks for the various financial stakeholders in projects
Feasibility testing, end of project evaluation and the reporting process
Financial analysis using alternative spreadsheet
Monitoring the project against the feasibility proposal