Level 1 Development Projects Flashcards
What is a project brief?
The output of the concept phase of a project or programme.
Evolves through the strategic development (RIBA stage 1) and the concept design stage (RIBA stage 2)
Involves the following
- Statement of need (First attempt to describe client requirements)
- Strategic brief (Develops from statement of need and describes client requirements.)
- Project brief (key document on which design will be based)
What is a feasibility study?
Used to analyze and assess the sustainability and viability of a construction project. The end output of undertaking is the understand whether the project is viable by assessing the practical aspects of the project and by identifying its potential strengths and weakness. Can determine an accurate view on the viability of the project which allows the project stakeholders to make an informed decisions on any changes that may be reuquired on the project and wether to proceed to the next stage.
What is a development appraisal?
An objective financial viability test of the ability of a development project to meet it’s costs including the cost of planning obligations.
Researched into constraints, opportunities evolving from the location, legan and planning aspects of sites.
What is a business case?
The information necessary to enable approval to assess a project proposal and reach a reasoned decision.
Owned by the client & developed by independent client advisors.
- confirmation that the project is compatible with the cleints stated vision and objectives
- confirms value for money
- confirms scope
- confirms market decisions
PESTLE?
Used to analyse external factors to influence their operations to make them more competitive in the market:
P: Political
E: Environmental
S: Social
T: Technical
L: Legal
E: Economic
RICS guidance lessons learnt?
Einstein’s rule of repetition human error is insane.
Key development phases
Inception
Feasibility
Strategy
Pre-Construction
Construction
Testing & Comissioning
Completion & Handover
Components of a feasibility study
- Planning Permission Status
- Legal and statutory issues
- Analysis of the budget relative to client requirements
- Assessment of site information provided by the client
- Site appraisal information including geotechnical studies.
- Operational and maintenance issues
- Programme considerations
- Procurement Strategy
Who prepares the project brief
- Typically its the client who gathers info and compiles the brief
- The consultant team will then review the brief and identify areas of missing information
Why do projects fail?
- Unclear goals/visions
- Poor team selection
- Poor scope
- Poor estimating
- Poor planning
- Poor risk management
- Poor design/quality management
Why do projects succeed?
Einstein: doing the same thing over & over and expecting different results is insanity
Kipling: What why when how where and who? Asking is a key skill of a PM
KISS: Keep it stupidly simple - technical, legal and financial information discussed. If you can interpret this information and provide clear advice to all stakeholders then everyone should be able to understand their roles.
Key Development Phases
- Inception
- Feasibility
- Strategy
- Pre-construction
- Construction
- Testing and comissioning
- Completion, handover and operation
- Post completion
SWOT Analysis
Strengths: What your company’s unique strengths are such as unique selling points
Weaknesses: what are your companies opportunities? potential areas for growth and also areas for improvement
Opportunities: what are your companies opportunities?
Threat: This could be competitors moving into the market place of changing legislation
PESTLE
Political
Economic
Social
Technical
Legal
Environmental
Client Objectives
Time, Cost & Quality: Objectives should be smart. SMART.