Track Order

UAE Essays Addons

    Table of content

    Plagiarism report

   Free Consultancy

   A bibliography page

   Free unlimited revisions

   Free in text citations

On-time Delivery

We Are Verified



essays
Your client is a development consortium who is redeveloping a brownfield site [Site Details will be issued separately for Edinburgh, Dubai and Malaysia campus students]. The site is located just outside of the city centre and is characterised by quality
Your client is a development consortium who is redeveloping a brownfield site [Site Details will be issued separately for Edinburgh, Dubai and Malaysia campus students]. The site is located just outside of the city centre and is characterised by quality  office  and  leisure  developments.  With  the  economy  showing  signs  of recovery, there are a number of speculative office and high quality apartment developments getting underway. 
 
Your client is developing a hotel (estimated 125 beds) and leisure club complex on the site and has budgeted £25M for capital works. Construction management is the selected procurement path. The project is currently at Stage  1 of RIBA  PoW 2013 edition, however there is concern that Stage 0 issues were not fully resolved and the brief for the project is not sufficiently clear to allow the design to proceed. A VM study has been commissioned to address this. The client has a vision that this will be a high profile development that will capture the imagination of residents and visitors to the city. It is intended this will be a catalyst for possible future development in the area as the market grows. 
 
Part 1 – Understanding Project Value and the application of VM and VE 
The client has commissioned a Value and Risk Management study to help ensure best use of their investment in the project and its timely delivery. You have been engaged to provide the following VRM consultancy services to the project team 
 
1.  Based on the CABE  definition1 of value drivers, Develop and prioritise value drivers specific to this project. Suggest metrics for each of these value drivers against which project  success can be measured and identify  the  relevant parties involved. 
 
The assignment has been designed to assess your understanding of (1) the nature of value from the perspective of the project stakeholders, (2) the processes of VM and RM and how they can be incorporated into the project life cycle and (3) the outcomes tha
The assignment has been designed to assess your understanding of (1) the nature of value from the perspective of the project stakeholders, (2) the processes of VM and RM and how they can be incorporated into the project life cycle and (3) the outcomes that can be expected from applying VM and RM to a project scenario. 
Scenario: 
Your client is a development consortium who is redeveloping a brownfield site [Site Details will be issued separately for Edinburgh, Dubai and Malaysia campus students]. The site is located just outside of the city centre and is characterised by quality  office  and  leisure  developments.  With  the  economy  showing  signs  of recovery, there are a number of speculative office and high quality apartment developments getting underway. 
 
Your client is developing a hotel (estimated 125 beds) and leisure club complex on the site and has budgeted £25M for capital works. Construction management is the selected procurement path. The project is currently at Stage  1 of RIBA  PoW 2013 edition, however there is concern that Stage 0 issues were not fully resolved and the brief for the project is not sufficiently clear to allow the design to proceed. A VM study has been commissioned to address this. The client has a vision that this will be a high profile development that will capture the imagination of residents and visitors to the city. It is intended this will be a catalyst for possible future development in the area as the market grows. 
 
Part 1 – Understanding Project Value and the application of VM and VE 
The client has commissioned a Value and Risk Management study to help ensure best use of their investment in the project and its timely delivery. You have been engaged to provide the following VRM consultancy services to the project team 
 
1.  Based on the CABE  definition1 of value drivers, Develop and prioritise value drivers specific to this project. Suggest metrics for each of these value drivers against which project  success can be measured and identify  the  relevant parties involved. 
 
2.  Design a detailed 3 day VM study agenda to be undertaken by the project team. This needs to identify all the key stakeholders that will be required to participate in the study. For each stage, explain both the study activities to be undertaken and the expected outcome. 
 
1 http://webarchive.nationalarchives.gov.uk/20110118095356/http:/www.cabe.org.uk/files/getting-value-for- money-from-construction-projects-through-design.pdf 
  
 
3.  Prepare a one page (A4) function logic diagram that represents the functional requirements and clearly identifies the overall project task. 
 
 
4.  The project has moved on and is now at RIBA PoW stage 3. The client has just informed the project team that the construction budget needs to be cut by 10%.  Advise the client how this saving may be accommodated  with minimal impact on the project. 
 
 
 
 
Part 2 Managing project risk 
 
 
1.  Design a structure for integrating formal RM into the project process in order that a risk register can be set-up and maintained throughout the design and construction phases. The Risk Management structure should identify key stages when  a  risk  study  is  required,  identify  expected participants  and explain the risk issues to be evaluated. 
 
 
 
2.  Identify  those risks that should be recorded on the initial risk register  for monitoring. Prepare a short narrative report on the key risks to success of the project at this stage and suggest the most appropriate ‘risk owner’ for each. 
 
 


24 X 7 Live Support

 
 

UK Support:

 # 01144456789

International:

# + 1 800 458 4578

UAE Essay Papers

> Well Researched

> Written By Experts

> 275 Words /Page

> Free Revisions

> Timely Delivery

> Edited For Free

UAE Essays Guarantee


>> Best Value For Money

>> Superb Standards

>> Best Model Essays

>> Great Essays Discounts

We Accept