Posted: November 4th, 2021

Project Development Assignment | Homework For You

The second assignment requires that students undertake an actual development feasibility study that would be undertaken in the development industry, which would be used towards decision making related to undertaking a development project. This sort of hands-on approach is beneficial to the students in terms of getting an overall sense of what is undertaken in the development industry. As noted earlier, students will work in the same teams of two for the first assignment. The purpose of this assignment is to carry out an analysis of site options by working through a marketing analysis and financial feasibility.

Students will examine the relevant background information (including but not limited to; physical attributes, benefits and constraints (planning, physical, political, financial etc.)) and determine the most appropriate development proposal. Students will undertake a market review and discuss required marketing strategies for the determined use. This will include an analysis of adjacent land uses, amenities in the general area, recent sales performances in the area, etc. Based on this information a marketing analysis will be carried out to determine the marketing viability of the project and site. Marketing costs are required for use in the proforma. Based on the refined proposal, a proforma will be completed to determine the financial viability. The proforma will detail revenues and expenditures and profitability.

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The development feasibility study should end with assumptions, conclusions and recommendations. There is no minimum or maximum required length for this assignment. At the same time, there must be sufficient information to illustrate your understanding, review and decision-making process. Outlining the analysis being undertaken is very important. Instructor review of the assignment will look at how materials have been interpreted. In short, make sure that data is documented and sourced in the analysis and draw relevant conclusions. Finance homework help

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