Comprehensive Peer Feedback on Redevelopment Project Analysis

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Added on  2023/06/05

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This report presents a peer review of a redevelopment project, assessing its procurement strategy, procurement routes, contract types, risk management, and budget. The feedback highlights the project's strengths, such as its comprehensive knowledge of redevelopment and appropriate mapping of procurement factors. It also identifies areas for improvement, including a need for a clearer explanation of how facilities will affect objectives and more detailed budget information with clear assumptions. The review commends the project's risk identification and interpretation across different contract types. Overall, the project demonstrates a high standard of work with a rigorous understanding of the topic, but could benefit from more detailed explanations and justifications in certain areas. Desklib offers a wealth of resources, including past papers and solved assignments, to aid students in their studies.
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Assessment 1- Part B:
Peer Feedback
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TASK
Introduction
D (75- 84%)
The report is clearly demonstrates a comprehensive knowledge of
redevelopment and the aims of report which is distinct improvement. The
objectives have been identified “a need of change in delivery of concession”
but explanation is lacking as how the facilities will affect the objectives.
Understanding ability of ensuring value for the money for the project is not
mentioned or the issues with subject material.
Procurement strategy
HD (85 – 100%)
Appropriate mapping of all factors for procurement are brief and mentioned
about the priorities of all the three sub-projects Mentioned a proper selection
of best procurement strategy used in specific business and explanatory
models. It also comprises of distinctive and independent thinking. A through
explanation on discussion of the priorities leading in distinct, logical strategy.
Procurement routes
D (75 – 84%)
An advanced procurement route of a range is mentioned methods, tools and
management techniques. The routes of the project is well understood, and
insightful. Where as the assumptions for each management techniques and
tools are missing. Limitation for the management models should be
mentioned for proper explanation of project to be successful.
Contract types
HD (85 - 100%)
Exceptionally detailed knowledge of contract types in sub-project and
outstanding critical understanding of how to select the best contract for
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project. The lump sum contract is best option for project but explanation is
not up to the mark. The efforts on the subject and the main methods of
inquiry quite understood May go beyond implanted theories.
Risks
HD (85 – 100%)
The process of risk is to locate, monitor, and to control possible danger that
are expected to harm a business's goodwill and reputation which been
properly identified , analysis and well interpreted with different contracts
types for each projects. Different contract routes are appropriate selection
by contractors and owners.
Budget
HD (85 – 100%)
The estimated budget for sub-project 1 is prepared with information taken. It
was estimated for 5000000 where as the cost incurred was 4500000. The
details for budgets could improved for excavation and windows/doors.
Insufficient information given for the assumptions for the projects and
content could be improved. Conclusion
HD (75 – 84%)
The conclusion summaries the report in brief, it only give the key words if
report. The main findings which are the tools and methods of procurement,
contracts and risks should have been mentioned here. Whereas the
budgeting report has been addressed with the priorities and constrains.
Others
HD (85 – 100%)
A precisely written project with minimal spelling and grammatical faults.
Presentation is clear, resourceful and theoretical. Proper formatting of
budget and appropriate use of table for presentation. Almost every citation
accurately quoted in the text and a proper reference list in Harvard Form is
written.
General Feedback
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This project is of great standard which is supported by a rigorous and deep
knowledge of topic, and demonstrating didn't interpreted the ability to
analyses, synthesis, measure and interpret thought, rule and data of
construction field, using defined principles, methods, techniques and
standard formats and application of projects. It has form the base for the
development of good research which is best for the project and its factors in
given situation. There is a proper way evaluate risk of sub-projects of
specialized skills, which help the owner and contractors to plan, create and
assess problem solving strategy. Outputs has been communicated
effectively, properly, accurately and reliably.
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REFERENCES
Books and Journals
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