CEMIB5-Financial Analysis & Investment Appraisal
Module Provider: School of Construction Management and Engineering
Number of credits: 20 [10ECTS credits]
Terms in which taught: Spring
Module Convenor: Professor
TDJ
Clements-Croome
Pre-requisites:
Co-requisites:
Modules excluded:
Module version for: 2008/9
Email: d.j.clements-croome@reading.ac.uk
Aims:
To show the framework for ILS application in a construction environment, spanning from the concept brief through to the demolition of the structure. In doing so it will be apparent that ILS provides benefits throughout each of the construction phases including help to the facilities managers in the operation and maintenance phase.
To show how life cycle cost analysis can be effectively applied to the Intelligent Building in early design and optimised throughout the project process.
Assessable learning outcomes:
The delegate will have received the basis for building design from the preceding modules, however the need for support is seldom addressed to a satisfactory level in design. Through the use of standards and processes adapted from the defence industry, it will be possible for the delegate to address cost optimisation while at the same time retaining (or enhancing) the performance characteristics of the structure.
The delegate will have received the basis for building design from the preceding modules, and will have studied the needs for investment appraisal as part of the briefing process. The requirements, processes, modelling and levels of uncertainty (risk) will be covered. At all times within the project process the cost of ownership will be known, albeit its level of accuracy will be refined as the project progresses.
Additional outcomes:
The module provides (i) the information to allow the delegate to carry out an economic analysis to assess the life cycle cost of an Intelligent Building, (ii) the yardstick to assess the structure supportability, survival and 'cost of ownership'. With DBFO and Private Funding Initiative (PFI) projects being introduced, the study of ILS is an essential addition to the construction design team attributes.
Outline content:
Brief description of teaching and learning methods:
Lectures, seminars, workshops, case studies and private study
Contact hours:
| Autumn | Spring | Summer | |
| Lectures | 35 | ||
| Tutorials/seminars | 4 | ||
| Practicals | |||
| Other contact (eg study visits) | |||
| Total hours | 39 | ||
| Number of essays or assignments | 2 | ||
| Other (eg major seminar paper) |
Assessment:
2 assignments each one being 3,500 words
Coursework:
2 assignments marked internally/externally and used to assess student's progress.
Relative percentage of coursework: 100%
Penalties for late submission:
Penalties for late submission of course work will be in accordance with University policy.
Examinations:
No examinations
Requirements for a pass:
The students must obtain a mark of at least 40% in each assignment and an overall mark of 50%.
Reassessment arrangements:
Students who fail to obtain the minimum mark in any assignment will need to re-submit.