Project Feasibility and Justification: Module Learning Outcomes, Industry-Wide Guides, and Topics

Module Learning Outcomes (MLOs) Assessed by Coursework

Module Learning Outcomes (MLOs) Assessed by Coursework

·Distinguish the economic perceptions of business organisations as clients/sponsors, professional advisors (independent practice), and contracting organizations.

·Reconcile the different economic perspectives relevant to demand, supply, costs and revenues and the operation of markets.

·Articulate a broad awareness of economics and project economics nomenclature.

·Develop your skills in recommending appropriate strategies for effective financial control in competition / collaboration; public/private sector interactions, and in the interpretation of economic data for resource forecasting.

·Develop and reinforce the ethical characteristics of a Northumbria graduate as you consider the values that underpin ethical approaches to project feasibility and justification. You will have the opportunity to reflect on how these are linked to your own values.

You may also identify available industry-wide guides published by professional bodies (e.g. Association of Project Management) and industry associations (e.g. Major Projects Association). Finally, you may select a theme from the ‘collated list of topics’ addressed by previous years’ students and included hereafter. You will use your selected topic to develop a literature review as detailed in Section.

·Investigating the value for money of Private Finance Initiative in a selected sector (e.g. health, transport, infrastructure, energy from waste) using the Public Sector Comparator (PSC) method.

·Appraisal and selection of renewable energy sources using life cycle based decision making approach under uncertainty

·Assessing the economics and feasibility of a selected public sector project (transport, health, etc.) with particular emphasis upon the social feasibility.

·A thorough investigation of risk factors in infrastructure projects procuring under the Private Finance Initiative.

·Contractor Liquidity Evaluation Model for Successful Public Housing Projects.

·Prioritising Renewable Energy solutions (solar, wind, hydro) using the Analytical Hierarchy Process (AHP) within the economic and social environment of a selected country.

·Assessing the economic, social and environmental feasibility of a major [infrastructure, health, etc.] projects.

·Insights into the legal feasibility aspects in construction: is arbitration still relevant in contemporary construction sector?

·Analysing and assessing techniques for cost modelling for contingency pricing in Engineer to Order (ETO) Projects.

·The importance of project feasibility in the successful implementation of sustainable and socially responsible of projects within a selected sector

·Evaluation of wind and solar energy investments in a selected country.

In this section, you are required to summarise using a table the project specifications and global assumptions made at project level. You may make further specific/local assumptions when you apply different methods and techniques as the project/report progresses but these specific assumptions should be placed under their corresponding parts and not in Part A. The purpose of this part is to provide the setting/background for all the subsequent parts of the report. This project specifications part should address, but is not limited to:

·General project information (e.g. name, value, timescale, location, etc.)

·Project briefing information (e.g. objectives, scope, critical success factors, etc.)

·A list of main stakeholders (e.g. client, funders, sponsors, etc.)

·Macro environment surrounding the project (e.g. political, economic, social, technical, environmental, legal aspects)

Section A: A table for the project specification (general project information, project briefing information, project’s stakeholders, and macro environment surrounding the project) is included.

Section B: A table listing the feasibility and economics techniques/concepts (at least six) applied and the stakeholder position assumed is included at the beginning of Part B.

Section B: Assumptions made (where applicable) for different techniques are clearly stated.

Section B: Details of the calculation are included in the appendix

Section B: Brief discussion of the results for each feasibility and economic technique is included

Section C: Executive summary complies with specification given above

Citation and references of relevant resources are included at the end of Part I.

The University has several policies for assessment.  The following information, which is available to you from the link below, provides guidance on these policies, including relevant procedures and forms.

(1)Assessment Regulations and Policies

(a)Assessment Regulations for Taught Awards

(b)Group Work Assessments Policy

(c)Moderation Policy

(d)Retention of Assessed Work Policy

(e)Word Limits Policy

(2)Assessment Feedback

(a)Anonymous Marking Policy

(3)Late Submission of Work and Extension Requests

(4)Personal Extenuating Circumstances

(5)Technical Extenuating Circumstances

(6)Student Complaints and Appeals

(7)Academic Misconduct

(8)Student Disability and Unforeseen Medical Circumstances