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Feasibility Report for Construction of Residential Duplex in Geelong, Victoria, Australia

   

Added on  2022-10-02

12 Pages2810 Words295 Views
Running head: STRATEGIC PROJECT MANAGEMENT
Feasibility report
Name of the Student
Name of the University
Author’s Note

1
STRATEGIC PROJECT MANAGEMENT
Table of Contents
Introduction......................................................................................................................................2
Factors of feasibility of this project.................................................................................................2
Project constraints and goal.............................................................................................................4
Project constraints........................................................................................................................4
Project goal..................................................................................................................................6
Macro-environment business factors...............................................................................................6
Micro-environment business factors................................................................................................8
Conclusion.......................................................................................................................................9
References......................................................................................................................................10

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STRATEGIC PROJECT MANAGEMENT
Introduction
This report states an idea of feasibility report of a construction project. The project is
mainly based on the construction of a residential duplex which will locate on Geelong in the state
of Victoria of Australia (Ballinger 2015). Basically the feasibility study of any construction
project is to represent whether the project will complete within the allocated budget, timeframe
as well as the other requirements. Not only the budget and timeframe are considered as the
factors of feasibility but also the feasibility means that the project must doable according to
technical as well as legal requirements (Bullers, Filihia and Holtzheimer 2016). The main focus
of this construction project is to complete the residential duplex within the allocated budget of
$800,000 within the provided timeframe of nine months. To execute this duplex, the size of
determined land is 8000 square meter and the minimum land allotment size is considered as 2000
square meter. This paper focuses mainly on the part of feasibility study of this construction
project and also project constraints as well as project goal (Fewings and Henjewele 2019). Both
the macro-environment business drivers and micro-environment business factors are described in
this feasibility report.
Factors of feasibility of this project
In the normal sense, it has been stated that the feasibility study is one kind of assessment
that helps to verify the ability of a project within the allocated budget as well as timeframe. The
project should doable as per the technical factors, legal factors and also it has been shown that
there is no negative impact on environment by the construction project (Harrison and Lock
2017). The feasibility study of any construction project depends on various types of factors such

3
STRATEGIC PROJECT MANAGEMENT
as permission for plan, legal approval, customer requirement, justification of budget and
timeline, effect on environment etc. This construction project is based on development of
residential duplex (Kerzner 2017). The development of residential duplex will be held on
Geelong in Victoria in Australia. The project must complete within the allocated budget of
$800,000 in the timeframe of nine months.
The factors for this feasibility study are given as below:
Permission for planning – Planning is the core section in any construction project. To construct
any building or duplex, the permission from the higher authority is considered as an approval
that leads to continue this project. The permission has to approve from the Greater Geelong City
Council for constructing this duplex in the location of Geelong (Langston, Chan and Yung
2018). During the time of getting permission from the local council, it has to notice whether any
dispute having in the construction land or not. Due to this reason, sometimes it may problematic
in the field of getting permission. Thus, to make the construction project as feasible, the
permission for planning is most important factor to construct the duplex without any dispute.
Legal approval – After the period of getting permission for planning, it comes to the point of
legal approval for the construction of residential duplex. From the higher authority, the legal
approval will be justified when the project will has no issue like land dispute or any claim on
land etc. If these requirements are met by this project, then it is verified as a feasible project.
Customer requirement – As per the customer requirements, the project must complete within
the estimated budget as well as the time frame (Lavender 2014). For this construction of
residential duplex, the total allocated budget is considered as $800,000 and also the consideration

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