Project Evaluation and Development

PROJECT EVALUATION AND
DEVELOPMENT

TABLE OF CONTENTS
TASK A...........................................................................................................................................1
Site analysis.................................................................................................................................1
Reference for estimation..............................................................................................................1
Justifications................................................................................................................................2
TASK B...........................................................................................................................................5
Introduction..................................................................................................................................5
Savings in construction costs which will minimising impact on project value drivers and the
functionality. ...............................................................................................................................5
Monitoring and controlling of construction costs........................................................................6
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8

TASK A
Site analysis
The proposed project is to build commercial warehouse building for a MNC which is
storage warehouse. The project requires area of 8000 – 10000 m2 with no community space. The
area could be reduced based on floors and types of building. Company has selected place on
edge of Corby which is located 23 miles from count town. Corby is town and a borough in
county of the Northamptonshire, England. The town is well-known for most of the people near
Northamptonshire. The rationale for choosing this project is to purchase 6000 square metre of
land for building storage warehouse. Site is located at edge of town and near to main road that
will avoid disruptions to market town (Tahmasebinia and et.al., 2020). Advantage of location
and site is universally accessible through transportation. Being at edge will allow easy
transportation of goods without causing disruptions to town.
Also, there are few factors which need to be considered while planning a project i.e.
adapting traditional appearance of surrounding. The proposed project is based on 6000 square
metre of land in which 4000 m2 will be used for construction of warehouse and rest area will be
left empty. Warehouse will consist of 2 storey that will make it 8000 m2 storage space. Site has
large dimension away from city that makes it viable for the development of site to take place in
the site. The site has to be built with strong foundation with prospects of further development of
storeys. The forward empty area will be used for lorry parking and weighing machine.
In the study it has been found that the area has energy issues and has to be ensured that
there is proper power connection to meet the requirements of client. Also the potential whether
adversities has to be assessed ensuring that it is protected from rain water collection and such
other things. The potential dangers has to be assessed and needs to be reported to client. Further
investigation has to be conducted before the construction work is started for determining present
conditions of the site and the contingencies related to site (Laksono and et.al., 2018).
Reference for estimation
Construction Details
Gross Development Value 4663250.94
Cost of Sales 93265
Net sales proceeds 539625.94
Contingencies 376950
Professional fees 425953.5
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