This subject builds upon the principles of knowledge established in the subject SSUD71-124 Property Development. The primary purpose of Feasibility Analysis is to allow students to gain the skills to be able to prepare advanced feasibility studies on mixed-use property development projects using a variety of case studies and industry-accepted feasibility programs. The content considers more complex projects and models the time, cost and value variables and includes a detailed analysis of project risk. The subject will involve a number of site inspections, case studies and guest lecturers/development practitioners to provide insights into real-life projects and examines how successful developers manage a diverse range of project parameters.
|Faculty||Faculty of Society & Design|
1. Distinguish the various stages of property development from concept, initiation, construction, handover, ownership of buildings and life cycle.
2. Understand the complexity and nature of the relationships between all the parties and organisations involved in urban development projects of all kinds.
3. Analyse the project acquisition decision process from both an investment and speculative development perspective.
4. Conduct a detailed feasibility study of a complex and demanding real estate project with various stages and multiple functional spaces in both Excel and in an industry-accepted feasibility software.
5. Prepare a case study investigation drawing upon the various stakeholders and their contribution to the successful completion of a major project.
6. Understand risk-identification and management processes used in evaluating potential property development projects.
There are no co-requisites.
This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.
|Withdraw – Financial?||12/06/2021|
|Withdraw – Academic?||03/07/2021|