|Subject Name:||Strategic Project Management|
You are required to read the following case study and prepare a Project Feasibility Study and
Timeline based on the information contained in the case study.
You own a real estate development business with cash reserves for funding development projects of $800,000.
Your current business project is to successfully complete, within a nine-month timeframe, a small residential development in a regional centre (a place that is not a suburb in a capital city) in the state that you reside in. This will require you to locate:
Your primary objective is to create as much equity as possible (value of your constructed duplex less all project costs) and as much income as possible (rent collected from tenanted duplex less all holding costs).
Your assessment task is to prepare and submit a Project Feasibility Study and Project Timeline.
Templates for both of these will be made available to you but you are welcome to modify them or use your own templates if you wish.
You are expected to source real statistics and information rather than providing estimates. This can be achieved by conducting internet research of relevant websites and emailing or telephoning relevant people and organisations.
You will also be required to prepare an explanation supported by evidence of where you sourced each item of information in your assessment submission from. How you do this is entirely up to you.
You may prepare a separate report based on each of the headings in the project feasibility study or you may include the information in your project feasibility study and project timeline as an appendix.
Your explanation report cannot 2,000 words and it must also include:
The word limit does not apply to the feasibility study or the timeline.
You are required to include a minimum of 15 references in your report at least 5 of which must come from academic journals or textbooks.