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    Feasibility Studies (Building Surveying UiTM)

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    Muzzammil Ayob
    This document discusses the process of conducting a feasibility study for a construction project. It explains that a feasibility study examines technical, financial, and operational aspects to determine if a project is viable. Key parts of the feasibility study process include establishing requirements, considering costs and benefits, assessing risk, and creating a development budget to forecast project value and costs. The development budget is used to analyze the overall financial feasibility of the undertaking.

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    Feasibility Studies (Building Surveying UiTM)

    Uploaded by

    Muzzammil Ayob
    434 views11 pages
    This document discusses the process of conducting a feasibility study for a construction project. It explains that a feasibility study examines technical, financial, and operational aspects to determine if a project is viable. Key parts of the feasibility study process include establishing requirements, considering costs and benefits, assessing risk, and creating a development budget to forecast project value and costs. The development budget is used to analyze the overall financial feasibility of the undertaking.

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    Feasibility Studies Building Surveying Department UiTM

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    This document discusses the process of conducting a feasibility study for a construction project. It explains that a feasibility study examines technical, financial, and operational aspects to determine if a project is viable. Key parts of the feasibility study process include establishing requirements, considering costs and benefits, assessing risk, and creating a development budget to forecast project value and costs. The development budget is used to analyze the overall financial feasibility of the undertaking.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    434 views11 pages

    Feasibility Studies (Building Surveying UiTM)

    Uploaded by

    Muzzammil Ayob
    This document discusses the process of conducting a feasibility study for a construction project. It explains that a feasibility study examines technical, financial, and operational aspects to determine if a project is viable. Key parts of the feasibility study process include establishing requirements, considering costs and benefits, assessing risk, and creating a development budget to forecast project value and costs. The development budget is used to analyze the overall financial feasibility of the undertaking.

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    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    To examine all the technical functional and financial aspects. To advice the employer as to its feasibility.

    To consider in detail the employers requirements and recommendations.


    Establishment of the design brief.

    Before deciding to proceed, an appraisal must be carried out to ascertain whether a proposed project will meet the objectives.

    This process is nown as investigating the feasibility of a project.

    !ost of the techniques used to ascertain feasibility have a financial basis.

    PROFIT = BENEFIT COST (Profit = Net Benefit)

    INVESTMENT APPRAISAL "ave various characteristics such as si#e of return, degree of ris and extend of liquidity.

    $i e other investment, concerned on time value of money. % uncertainties, rate of interest&

    'onstruction projects may be invested in a way of()

    *actor of productions +ssets for direct financial gain +ssets yielding social benefits

    DEVELOPMENT BUDGET ,s the statement of the financial viability of a proposed project.


    *orecast of project value and cost.

    -eed to be underta en at the inception of the project.

    .utline of Budgets !ain Elements.


    /roject cost /roject value /rice /roject viability

    PRO ECT VALUE


    ,s

    the utility or benefit of completed project to the developer, in financial terms.


    0epend

    on the nature of the developer and intended use of the completed project.
    1elling

    or

    renting

    for

    commercial

    profit 2tili#e and building for own activities

    PRO ECT COST


    +ll the expenditures incurred by the developer in completing the project.

    3eneral economic costs 4 wor 5 resources 'ost to the public and the community in terms of

    environmental quality.

    The

    cost of project that the developer cannot avoid paying()


    $and +cquisition 6elocation 'onstruction 'ommissioning *inance %cost of borrowing, rate of interest& Taxation

    PRICE 6efer to the charges made against the developer by suppliers of services for completion of the project()
    'harge of buying land 'harge for management

    and

    execution by general contractor ,n this context developers costs.

    prices

    represent

    PRO ECT VIABILIT!


    6efers to the financial feasibility of underta ing the development of proposed project.

    ,ts determined by the relationship of project value and project cost.


    To include the ris and uncertainty of forecasts.

    0etermination of project viability is the core purpose of the development budget.

    1eparate development budgets representing the alternative proposals under consideration.

    0etail survey of the site +ny adjoining buildings ,nformation obtained on the position 1i#e and capacity of the various services +ny restrictions on the use of sites
    4Their

    effects on the proposed development

    'onsultation with()
    4/lanning

    and Building 'ontrol .fficers 4*ire +uthority 4+ny relevant bodies

    Co"#i$e %& t'e Ar('ite(t %)*e+ on,The finding and recommendations of all the members of the design team.

    "aving regard to all relevant factors. ,n the case of an investment proposal


    6equired to show the probable percentage

    return.

    1upported by conceptual designs.


    0iagrammatic plans and elevations

    To justify the spending of money on public projects.

    To quantify all factors including various social benefits and disadvantages, widely used in connection with traffic and airport schemes or hospital building.

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