Development and Project Brief Flashcards
• You talk about the importance of a project brief within your docs. Why is the brief important?
Outlines the clients project objectives and requirements
• You also talk about populating a breif. What are the key headings
Project objectives, site location, site information, scheduling, client information, financial
• If the clients briefs changes. How would you formalise this?
Editing and updating the project brief and sending out to the team
• What is a feasibility study
A study to analyse and assess the viability of a construction project
• What is a development appraisal
The financial appraisal of a development – the site value or the development profit
• Do you know what net present value is?
The value of a sum of money compared to the value of it in the future when its been invested at compound interest
Have you ever undertaken a feasibility study?
no however I am aware its high level design, costs, risks of the project