Development and Project Briefs Flashcards
What is a business case?
- A justification for a proposed project or undertaking on the basis of its expected commercial benefit.
- Review the business case at the end of each RIBA Stage.
- Aviva - present design pack along with revised cost and programme estimate.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
What is a feasibility study?
- An assessment of the practicality of a proposed plan or method.
Components include: - Justification for the project
- Project scope
- Cost
- Programme
- Key client requirements
- Risks
- Recommendation
What is a development appraisal?
An objective financial viability test of a project/piece of land, including any planning obligations, to ensure and provide an appropriate value for the landowner.
What is the difference between a feasibility study and a development study?
A development appraisal seeks to provide an estimate for the potential financial return to the landowner, whereas a feasibility study looks at how the project is actually delivered in practice.