EPM5760: Construction Project Management & Leadership Skills Study

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Added on  2023/03/21

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This report explores the critical role of leadership skills in the successful management of construction projects, using a case study approach focused on advising a client on a property purchase. The analysis incorporates both secondary data, such as market prices and population demographics, and primary data obtained through site examinations. The report assesses physical, legal, and environmental properties, evaluates alternative uses for the site, and discusses site improvements. It highlights the application of management tools like strategic planning, employee engagement surveys, customer relationship management, and the balanced scorecard. The study concludes by emphasizing the importance of demonstrated management leadership skills in achieving successful project outcomes and advising clients effectively. Desklib offers students access to this report and many other resources to aid in their studies.
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CONSTRUCTION MANAGERS LEADERSHIP SKILLS FOR SUCCESSFUL
MANAGEMENT OF PROJECTS
By Name
Course
Instructor
Institution
Location
Date
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ABSTRACT
In this particular project, the management skills have been exploited to assist in the
purchase a building unit. While advising the client on the procurement measures and steps,
several aspect of the construction have been put into the consideration. The report analysis
utilized both the secondary and the primary data. While collecting the general information
regarding the prices for the sales, population makes up and the demands of the market, the
secondary data were found to be of importance. The collection of the main data on the site was
achieved by physical examination. The project therefore evaluates the value of a proper in the
form of case study before the client can be advanced accordingly.
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Contents
ABSTRACT....................................................................................................................................................2
INTRODUCTION...........................................................................................................................................4
AIM OF THE EXRECISE..................................................................................................................................4
METHODOLOGY...........................................................................................................................................5
Management tools..................................................................................................................................5
Strategic Planning................................................................................................................................5
RESULTS.......................................................................................................................................................6
Physical properties..................................................................................................................................6
Improvements.....................................................................................................................................7
. Legal properties.....................................................................................................................................9
Environmental Properties......................................................................................................................10
ANALYSIS/COMMENTS/DISCUSSION.........................................................................................................10
Alternative Use Evaluation and subsequent selection of the probable utility.................................11
Site improvements............................................................................................................................14
Demonstrated Management Leadership Skills which led to the success of the study...........................15
CONCLUSION.............................................................................................................................................15
Acknowledgement.....................................................................................................................................16
REFERENCES..............................................................................................................................................17
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INTRODUCTION
Management skills are paramount in the construction industry. The function of the
method of statement, safety plan and risk assessment in any construction site cannot be
underestimated or overlooked. The constructions of the industrial units usually involve the steel
and other materials that are definitely not found on the site but their quality must be ascertained.
These components must be delivered from various locations to the site. Since the construction
process take a long time, the safety of the materials and efficiency of operation are realized by
proper site installation. The identification of all these requirements needs someone with proper
background on management(Johnson et al 2012)
The installation of the site is an engineering process that associated with the risks of
various kinds. It is obvious that injuries or death normally impact projects negatively and
therefore they should be eliminated at all costs. The suggested safety plan not only reflects on the
super management skills but also ensure that all the risks are possibly eliminated as much as
possible while the statement of method will eliminate confusion during the operation. It has been
written in very simple terms that any employee at the site can easily read and follow. It acts as a
guideline in the entire process(Ade et al 2012). These three elements will work together for a
perfect process. The project therefore seeks to demonstrate the application of the management
skills in which are utilized while advising the client on the qualities of the property that is yet to
be purchased.
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AIM OF THE EXRECISE
The main aim of this particular report is to assist in the estimation of the current market value of
the site Mathare On behalf of the client. Apparently the client is a potential developer who is
interested in utilizing the site. The reports extend to the point of discovering other probable use
of the site for any interested buyer in the future. Also the aim is to unveil leadership skills in
regard to the case study.
METHODOLOGY
Management tools
The study of the selected site utilized the followings tools of the management:
Strategic planning which involved setting of dates as well resources for the study
Employee engagement surveys strategy
Customer relationship management
Balance Score card.
Strategic Planning
Valuation Date: 10 December 2018
Inspection Date: 4 December 2028
Assumption made from the interest of the buyer
The client has categorically maintained that they would like to buy the property as is, for the
purposes of the investment with the aim to have it developed later.
Value Adopted Definition
For the purposes of this particular report, the following market valuation was actually adopted:
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The approximated amount for which any asset should exchange on the valuation date between
the willing buyer and the willing seller at arm’s length transactions after proper marketing
wherein the parties had acted with sound mind, prudently and under no duress. Its
establishment was by the use of the balanced Score card.
Definition of the interest to be valued
The site to be evaluated is located at Mathare
Analysis of the property and the Specifications of the Alternative Use
This segment of the report examines the property as far as profitability is concerned. This implies
gauging the focal points and impediments of the property to determine the alternative uses that
the property may have which eventually characterizes the estimation of the property. This was
done while exploiting the management tool called Customer relationship management
RESULTS
Physical properties
Description of the site
The study on the site identified two properties
1st property
405 Upper Silver Lake Rd, commercial and privately owned retail space.
2nd Property
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This was just a residential are probably described as the areas 1.Most of the residents occupying
the second floor
The identified site under the study is rectangular in shape with the frontage to the highway of
20m and depth of 30m.This translates to approximate land area of 6000m2. The extreme width
site is to some degree level and is bound on the northern side by Super High way and toward the
Upper Silver Lake Rd . There is a laneway running behind the site and the present building
shares a grouping wall with the neighboring business occupancy.
Improvements
Raised nearby is a generous 1989 two story building containing a retail shop on ground floor and
private space just to summarize. This building is moderately all around kept up, anyway has not
been refreshed a significant lot of time. The aggregate building region on location represents
approx. 410m2 of the aggregate land region(Banerjee, et al.2017). The ground floor once in the
past suited a managing an account chamber and there for is developed with triple block walls. As
of now it is fitted out as retail tenure with a Games Studio on the structures facing Upper Silver
Lake Rd. There is likewise an expansive lawn that is as of now utilizes as a car park that houses
a little garage and can hold up to 8 vehicle spaces. This car park is utilized by the two
occupancies and can be gotten to by Wheeler Street. The upper floor includes a proportional 6
room flat which has its open separate passageway on Longisa Street.
Non-Building Improvement
Non-building enhancements incorporate creased metal limit fencing, solid garage and highway
section or part. The services that are connected to the site are water, gas, sewer and power.
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The site contains a couple of useful highlights that will influence the valuation of the site. These
include:
Two sorts of occupancies (business and private)
Substantial on location vehicle parking spot at back
Vast site for neighboring region (useful for advancement)
Expansion of car wash which would produce passive revenue
Summary of the facts and the conclusions
Address of the property
Property ownership Private
Date of Value 10 Dec 2018
Physical Properties Frontage; 25.54m
Land size:600m2
Legal Characteristics Maximum height of the building:9m
No restriction
Area within the commercial zone
Locational Characteristics It is close to the roads used by the buses and
the trains
Psychological Characteristics High market demand that originates from the
renters
The composition of the buyers includes young
individual families.
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Probable use Retail commercial activities
Environmental characteristics Green grass on the site
No hazards related to the environment on the
site.
Probable buyer A developer or an investor
Initial Price transaction Range $2 345000-3423600
Adjustments The possible adjustments to be made to the
land size properties
Adjusted Price and transaction Market price:$2830000
. Legal properties
Restriction on the title
The Title was not made accessible. This valuation is along these lines made subject to the land
and Title being unhindered by any encumbrances, pledges, easements or other arranging
confinements which may some way or another unfavorably influence the estimation of the land.
Current Lease
The data with respect to the term of the present leases for this site were not made accessible.
Anyway it very well may be accepted that the property is under three arrangements of leases,
business rent for ground floor retail, upper floor private rent and a rent for the space held by the
Games Video Shop. These would contribute to the income feasible by the property.
Town Planning Constraints
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Mathare Council is the mindful expert. The site is right now under the Commercial 1 Zone (C1Z)
plot under Clause 34.01 of the Lake council Planning Scheme as indicated in the Appendix.
Under this provision it expresses that no licenses are required for retail/shop projects and there is
no greatest settable floor limit. The site is too secured by a vehicle stopping overlay. Under
condition 55.03-2 sketching out building statures, it expresses that the greatest building tallness
ought not surpass 9 meters where the site is level and changes of building stature between
existing structures and new structures ought to be graduated. The administration is presently
financing the re-improvement of Newton Rd among others. This will see the vehicles keep
running underneath North Road by pass, emphatically influencing traffic flow and commotion on
Upper Silver Lake Rd near the subject site. It tends to be inferred that the site can possibly
increment from two stories to three stories (9 meters) in stature and is expected to have no title
limitations. It can likewise be seen that the re-advancement of Newton will results to the
attractive quality of the subject site as far as decreased commotion and style.
Environmental Properties
Factors on site: The part is dominatingly clear except for one completely developed palm tree on
Longisa Street side. Other natural attributes nearby couldn't be determined as no ecological
reports/overviews have been led/sought. Hence it is expected that there are no natural dangers on
location.
Factors off -site: The site right now abuts the property Upper Silver Lake Rd yet does not at
present influence it. There does not appear to be any social or physical effect of the site onto the
more prominent network. Anyway the site is near a train line (Frankston) and this could affect
the site.
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ANALYSIS/COMMENTS/DISCUSSION.
Alternative Use Evaluation and subsequent selection of the probable utility
Alternative possible uses
The elective uses for this site are resolved to be from the past discoveries;
Keep the site for what it's worth (The site as of now has three wellsprings of pay –
business shop, private unit, Video Shop) – This choice would profit as it would require
none or negligible upgrades and thus no capital to create.
Redevelop into blended utilization of business shops and private units with a greatest
stature of 9m or three stories. – This choice would profit as it would build the measure of
settable tenures and along these lines rental return and additionally potential site esteem.
Selection of the probable use
Considering that the client had indicated that they would like to momentarily invest in the
site now, this will be considered the most viable use probably. The valuation that has
been used therefore takes the assumption that the site will remain the same.
Prediction of the Price
In this particular section, there is a detailed valuation analysis that is actually based on the
conclusions pertaining to the previous finding for the probable use and serious analysis.
Most Probable buyer
In the research work, it was established that the most probable buyer for this particular site
would be someone in search for an opportunity of the investment in terms of rental return and
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capital growth. This is because the site has the potential of development in the near future; it can
as well fit the interest of the developers.
Techniques of Price Prediction
The main objective of this particular section is to front a properly analyzed results normally, the
value considers the property from every one of the conventional methodologies to esteem
investigation - cost, pay, and deals correlation. The three methodologies are interrelated and used
to give an expository procedure to shape a check and parity for an examination in the last
finishes of significant worth(Izquierdo et al 2012).
Anyway the immediate market correlation approach is the most material to this report, and thusly
will be utilized as the valuation technique to foresee showcase estimation of the property.
Comparable properties
The properties that were used for the comparison included size of the land, quality, use and the
building area.
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