Feasibility Report for Duplex Housing Project in Warrnambool

Running head: DUPLEX HOUSING PROJECT
Feasibility report for Duplex Housing Project in Warrnambool
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1RESIDENTIAL DUPLEX DEVELOPMENT PROJECT
Introduction
This project portrays the role of construction details and feasibility analysis report in
success and failure of any project. Success of a project is dependent on the feasibility structure
developed for a project. A land size of 1.5 Acre in 45 Dobson Way, Warrnambool VIC 3280 is
purchased by the construction owners for the building the duplex residential. This location is
selected because it maintains all the design and constriction criteria.
The number of population in this location is lesser than 10,000 and estimated selling
price for the project is also affordable for the clients or customers. However, before final
planning and execution of the duplex residential construction project the internal and external or
global business factors or drivers are required needed to be analyzed. Based on these factors if
the project structure is prepared then the project will become easier to implement.
Constraints and goals
Project constraint is a limiting factor that helps to shape and keep a project under proper
measurement. For any project, consideration of constraints will help to bring commercial and
economical profit to the project owners and customers. However, it is obligatory for the project
team associates and supervisor to uphold a balance among all the constraint- scope, budget, time,
quality, risk and resources.
The scope of this project is to accomplish the duplex residential building construction
project in 9 months and $800,000 budget. Some other types of constraints are also there that
project team needs to follow are categorized into environmental constraints, organizational and
procurement constraints (Lapidus and Abramov 2018). Each of the project constraints are related

2RESIDENTIAL DUPLEX DEVELOPMENT PROJECT
to each other. Therefore, it is job of the team associates to consider each of the project
constraints for understanding the dependencies and differences. For this project labors law of
state is also required to be considered by the project supervisor. Proper assumptions and
dependency between project constraints are needed to be maintained thoroughly the project
development life cycle. In order to conformance quality of the project CMMI quality model has
to be set as a benchmark. In order to execute the duplex housing project, skill and competent
human resources are needed to keep the project on track and towards success line (Almarri and
Abu-Hijleh 2017). Apart from that, it is duty of a project sponsor to impose limitation in funding
and make sure that the scheme will be completed in estimated budget that can bring commercial
benefits. The project should be completed as per the primary contact and within the estimated
timeline of 9 months. In addition to this, the project supervisor should consider potential risks
also may bring commercial loss for the project in future.
The purpose of duplex residential structure construction project is to submit the project in
the budget of $800,000 and time of 9 months followed by all primary project objectives. If these
measures are properly followed and maintained by the project associates throughout the three
construction phases then, it will bring a high monthly income rate and commercial profit as well
(Saarikoski et al., 2016). For preparing this project a suitable local council, landlord insurance
rate, agent fees and developing planning fees are needed to be considered by the supervisor and
other team associates. However, final finishing of the duplex project both internal and external
business driving factors should also be considered by the associates.

3RESIDENTIAL DUPLEX DEVELOPMENT PROJECT
Macro-environment business drivers
Economic: Economic forces deal with those factors that may influence the purchasing
power of the customers and sending power of the consumers as well. From the financial report
of the local city council it is determined that, owners should never export to any country before
examining people affordability in the location. Other crucial criteria those are required to be
analyzed by supervisor include GDP, GNI, import duty rate, VAT, tax, inflation etc. The
economic forces are also related to political, socio cultural and business environmental factors.
The owners should insist the local city council and government body of Warrnambool to invest
enough capital amounts so make the duplex residential construction project a successful one.
Resources: In order to implement this project human and physical both resources are
needed to be considered. The human resources who will be assigned to the construction project
include project manager, contractors, local city council, construction supervisor, labors, civil
engineer and architect (Dennis, Wixom and Roth 2018). On the other hand, the physical
resources that will be required for the project include: raw materials, construction equipments,
other materials, tools and manpower.
Competitive market: After details market analysis it is determined that, the construction
industry of Warrnambool, Australia is not much competitive due to less population
approximately 10,000. However, the local city council has taken this decision because the
population is this location is growing nowadays. Therefore, in order to accommodate theses
people the council has decided to construct the residential duplex in an affordable price limit.
Demographic factor: It is determined that, demographic forces or demographic factors
are related to the people associates to the project. The factor includes age, gender, occupation,