Project Report: Strategic Analysis of Duplex Development in Queensland

This report provides a comprehensive analysis of a strategic project management plan for developing duplexes in Queensland, Australia. It outlines the project's objectives, constraints, and a detailed timeline spanning approximately 38 weeks. The report assesses both macro-environmental drivers, including economic, competitive, resourcing, and demographic factors, and micro-environmental drivers, such as technical considerations, time pressures, internal factors, and people-related issues. The project aims to provide affordable housing for over 10,000 people, with a focus on location selection, cost analysis, and feasibility. The analysis covers land acquisition, construction costs, and potential rental income, concluding that the project's success depends on addressing various external and internal factors. The report emphasizes the importance of strategic planning and risk management in ensuring project viability.

Strategic Project Management

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Outlining constraints and goals........................................................................................................1
Objectives...............................................................................................................................1
Constraints..............................................................................................................................1
Project Timeline.....................................................................................................................2
Macro-environment drivers of business...........................................................................................3
Micro-environment drivers of business...........................................................................................4
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
APPENDIX......................................................................................................................................9

INTRODUCTION
Determination of all essential aspects and wants of the business which will be helpful as per
measuring costs and analysing the convincing of the proposed project. As per analysing the
feasibility of the project it is required that there will be rise in satisfaction with consumers. In the
present report, Initiating the project of developing duplexes for more than 10000 people. Thus, it
comprised of selection of the location in Australia as well as determining the cost implied in each
activity. Queensland has been considered by professionals as per making construction of
Duplexes in such location. Further, there has been analysis based on various micro and macro
level of factors which will have negative as well as positive influences in the industrial
operations. Thus, analysing the feasibility plan for business along with its time frame will be
demonstrated to analyse business efficiency.
MAIN BODY
Outlining constraints and goals
To bring the convenient living at affordable prices has been aimed by professionals in
terms of developing the duplexes for the families in Queensland Australia. There has been
determination of appropriate location and the analysis on the costs implied in such activity. To
analyse operational requirements as well as costs included in business which will be helpful as
per making reliable and validate estimation of the futuristic earnings. In approached with the
same, identifying the appropriate location will be necessarily required for making effective
operational changes (Hirsch and et.al., 2017). Moreover, the targets have been set by
professionals in determining the goals and selection of suitable plan for duplex development.
Objectives
 To ascertain conveyancing location to reside more than 10000 of population.
 To construct duplexes in proper locations as well as analyse costs implied in such
activities.
 To identify all micro and macro level of factors which are affecting business as well as
projected plans.
Constraints
Considering the cost convenience of the plan which will be easily affordable by citizens as
well as will be fruitful to them in making adequate operational variations (Faller and et.al.,
1

2017). However, in approach with the same there has been consideration payable on developing
the duplexes for 10000 citizens on which professionals have selected Queensland as the most
satisfactory location for initiating the project. However, it is required that there will be
development of most suitable operational framework which will be useful in making luxurious
and modern duplexes for individual (Coca and Sliško, 2017). As per analysing the cots implied
in this activity which will be analysed or defining the feasibility of proposed project. The
possibility of successful operational activities which in turn will be useful for making better
revenue for the future perspective.
However, Lot 376 35 Shilin Street has been selected in Yarrabilba Queensland which is
approx. 693-meter square. Thus, Implication of funds in order to purchase the land and construct
duplexes which has been listed in the below appendix. Thus, the land price has been ascertained
here which is $429000, stamp duty around $1212, Conveyancing fees of $1031. Moreover, the
allotment size for each duplex will be around 211.8meter square. Along with this, the costs
development planning fees of around $565 and monthly council rates of $256 has been charged
for better operational development (Lot 376 35 Shilin Street, 2018). Considering the duplex
information which has been estimated as $1500, monthly rental income of $1250, agent fees of
$65 and landlord insurance of $98.
As per analysing the project results the duplex will cost around $1500 where monthly rent
of $1250 will be retained by the business. The cost of purchasing land will be $433537 as well as
holding costs of $419 which equals gains of $831. However, as per analysing the outcomes there
will be suitable implication and operational development (Ellard and et.al., 2017).
Project Timeline
In relation with analysing the time frame of entire projected plan which will be based on
various activities to be performed. Thus, as listed in appendix there will be requirement of
approx. 38 weeks for entire process. Selection of location, council development approval as well
as duplex construction has been determined in several sub tasks. Thus, to follow such
instructions will be very helpful and adequate in meeting the operational goals in the right time
(Doizi and et.al., 2017). However, each task will require proper execution and monitoring of
activities that will help in bringing promptness in work. Proper administration in each function
will bring the reliability in the performance as well as it also helps in succeeding various ideas to
implicate in practices.
2

Macro-environment drivers of business
Macro-environment factors have great emphasis on overall nation's growth. These factors
are to be taken into account while taking any project so as to make its feasible from all
perspectives in the best possible manner. The businesses in any industry is highly faced by the
macro-environmental factors having immense influence over it. In relation to this, feasibility of
project can be assessed by variety of factors which are external in nature and affects operational
tasks of firm up to a major extent (Raj and Wadsamudrakar, 2018). In this scenario, firm should
take into account various factors which could affect its operational aspects. The issues and
problems should be analysed so that business could drive away from it and attain suitable
solutions. Various external factors which could affect construction of duplexes are as follows-
Economic-
One of the major aspect of macro-environment drivers is economic. In this manner, it is
required that before initiating development or construction of duplexes, feasible analysis in terms
of economic should be considered. The project will be made for residential purpose of more than
10000 citizens and is needed that income distribution among people must be assessed in a better
way. In simple words, per person earnings should be analysed by experts before upbringing
project (Papachristos and et.al, 2018). Thus, feasibility analysis of project may be done that will
clarify how much capital must be deployed with regards to disposable income of person. This
meets financial needs and as such, firm can attain land value and can initiate construction
keeping in mind, project feasibility and controlling expenses in effective manner (Doizi and
et.al., 2017). Hence, economic consideration is required to be assessed so that company may be
able to construct as per the project quite effectually.
Competitive-
The location of land is in Queensland. The address is Lot 376 35 Shilin Street in
Yarrabilba Queensland. Total size of land is 693 m2 and price of land comes out to $429000. On
the other hand, stamp duty and conveyancing fees are $1212, $1031 respectively which will be
charged for constructing duplexes for more than 10000 citizens in the area in Queensland. The
competition is becoming fierce and is required that well-structured strategies should be
implemented by company in the best possible manner (Sagala and Farag, 2018). It can be
analysed that cost is an important factor to be taken into account so that construction could take
3

place in accordance to project. Competitive forces needs special reference by organisation
because it must provide unique products and services in order to outreach competitors up to
major extent. The project that would be built must be affordable to people, then only they will
purchase and as such, company can attain competitive advantage. The rivalries will prevail in
Queensland locality which influences customer behaviour. Hence, investors may look for more
properties having better prospectus in terms of price. Thus, competition is one of the major
aspect in macro-environment (Kerzner, 2018).
Resourcing-
The capital project cannot be completed without taking resources which are pre-requisites
of it. In this aspect, professionals have cash reserves of $800,000 to be disbursed for constructing
duplexes. Location is crucial factor so that more people may purchase houses at market area
where people can avail the purchase. Moreover, duplexes have to built for more than 10000 of
population and considering bigger population, more resources will be required. In addition to
this, high labour, more raw material will be needed for establishing the duplexes in a formulated
manner (Learmonth and et.al., 2017). Charges related to workforce is usually levied impacting
on overall budget constraints and hence, financial stability tends to be affected. More capital
funds will be required so as to make modern architectural buildings in the best possible manner.
Thus, it means that proper analysis of local environment should be done and then, consecutively
changes must be incorporated.
Demographic factors-
The demographic factors usually include differences observed in location, country,
region, age, culture, income level, educational level, religion etc. which have varied differences
in making the architectural designing of buildings. Such demographic factors should be taken
into account as individuals are different from one another and preferences varies as well. All
basic amenities should be incorporated in buildings so that customers may be benefited. On the
other hand, rules and regulations are quite complex and rigid affecting professional practices.
Hence, all these factors should be taken into consideration and then project must be initiated for
getting required returns (Riley, 2018).
4

Micro-environment drivers of business
Micro-environment elements are termed as internal factors which are based on company's
policies, plans having no external influences. Technical, internal, people and time considerations
are to be taken for making proper analysis so as to complete project within time frame by
resolving issues-
Technical consideration-
There are various technical aspects which are to be taken into account so that company
may be able to undergo constructing duplexes. In this modern era, role of technology is must in
designing out the architectural aspect of buildings. Moreover, if there is lack of modern
techniques such as usage of software, devices in practice in effective manner. The management
can easily operate tasks with the help of technicalities in hand quite effectually. It will be helpful
in carrying out activities in a better way and good structure can be built which would attract
people (Gupta and et.al., 2017).
Time pressure-
Time is the biggest consideration in construction project which provides whether it is
feasible for the company to achieve within stipulated time or not. The management should
allocate tasks as per respective job roles by which timely accomplishment of project could be
done. Ascertaining completion time should be done in proper manner. The time frame of
building duplexes should be done within 38 weeks in association with management's policies and
as per the professional practices quite effectually. This means that organisation should develop
well-mannered strategies to complete project within time (Zhou, Irizarry and Lu, 2018).
Internal consideration-
The duties are allocated to persons and in response to it, firm makes out that there might
not prevail any disputes in between employees. If it prevails, then internal environment within
organisation tends to be disturbed and as such, company may not be able to complete allocated
tasks in a better manner. In relation to this, internal stakeholders like raw material suppliers,
employees are crucial to name a few. Hence, allocation of duties to them is required so that they
may be effectively carry out duties and project could be completed (Sindhu, Nehra and Luthra,
2017).
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Other people-related considerations-
The people that works in the organisation are of varied culture in which it is required that
company may effectively ascertain every individual's nature so that it conflicts may not exists.
Moreover, it should resolve the conflicts so that internal environment may not be hampered. This
is essentially required in this project as more of labour force will be included and as such,
company should analyse and resolve issues between them as it interrupts operations (Burger and
Zulch, 2018).
CONCLUSION
Hereby it can be concluded that construction of duplexes is a difficult task. It requires
proper analysis of whole project by which costs and benefits to be attained must be balanced.
Queensland locality is suitable for making duplexes for over 10000 people and is needed that
everything should work out as per the plan so as to minimise failure up to a high extent.
Furthermore, it is required that budget should be formulated along with allocation of duties to
employees and better manageable so that desired outcome could be attained with ease. Hence,
firm will achieve project within time frame of 38 weeks.
6

REFERENCES
Books and Journals
Burger, M. and Zulch, B., 2018. A construction project management knowledge model: The type
and level of knowledge required. Acta Structilia. 25(1). pp.98-125.
Coca, D. M. and Sliško, J., 2017. Software Socrative and smartphones as tools for
implementation of basic processes of active physics learning in classroom: An initial
feasibility study with prospective teachers. European Journal of Physics Education. 4(2).
pp.17-24.
Doizi, S. and et.al., 2017. First clinical evaluation of a new single-use flexible ureteroscope
(LithoVue™): a European prospective multicentric feasibility study. World journal of
urology. 35(5). pp.809-818.
Ellard, D. R. and et.al., 2017. Facet joint injections for people with persistent non-specific low
back pain (Facet Injection Study): a feasibility study for a randomised controlled
trial. Health technology assessment (Winchester, England). 21(30). p.1.
Faller, J. and et.al., 2017. A feasibility study on SSVEP-based interaction with motivating and
immersive virtual and augmented reality. arXiv preprint arXiv:1701.03981.
Gupta, N., and et.al., 2017. Community triage of otology patients using a store-and-forward
telemedicine device: A feasibility study. ENT: Ear, Nose & Throat Journal. 96(7).
Hirsch, F. R. and et.al., 2017. PD-L1 immunohistochemistry assays for lung cancer: results from
phase 1 of the blueprint PD-L1 IHC assay comparison project. Journal of Thoracic
Oncology. 12(2). pp.208-222.
Kerzner, H., 2018. Project management best practices: Achieving global excellence. John Wiley
& Sons.
Learmonth, Y. C. and et.al., 2017. Results of a feasibility randomised controlled study of the
guidelines for exercise in multiple sclerosis project. Contemporary clinical trials. 54.
pp.84-97.
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Papachristos, G. and et.al, 2018. Towards the low carbon transition in the construction industry:
A multi-method framework of project management operations and total building
performance. System Dynamics Society.
Raj, M. and Wadsamudrakar, N. K., 2018. Risk management in construction
project. International Journal of Engineering and Management Research (IJEMR). 8(3).
pp.162-167.
Riley, F. G., 2018. Information behaviour in construction project management teams:
Contradictions, motivations and influencing factors (Doctoral dissertation, University of
Leeds).
Sagala, K.A.S. and Farag, S., 2018. Sustainability Maturity in Construction Project Management.
Sindhu, S., Nehra, V. and Luthra, S., 2017. Investigation of feasibility study of solar farms
deployment using hybrid AHP-TOPSIS analysis: Case study of India. Renewable and
Sustainable Energy Reviews. 73. pp.496-511.
Zhou, Z., Irizarry, J. and Lu, Y., 2018. A Multidimensional Framework for Unmanned Aerial
System Applications in Construction Project Management. Journal of Management in
Engineering.34(3). p.04018004.
Online
Lot 376 35 Shilin Street. 2018. [Online]. Available through :<
https://www.realestate.com.au/property-house-qld-yarrabilba-128666710>.
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APPENDIX
Project Feasibility Study:
1. Land Information
Land Address: Lot 376 35 Shilin
Street
Suburb/Town: Yarrabilba
queensland
Land Size: 693 meter square
2. Purchase Information
Land Price: $429,000
Stamp Duty: $1,212
Conveyancing Fees: $1,031
9

3. Local Council Information
Local Council Name: Queensland
Minimum Land Allotment
Size:
211.8
Development Planning Fees: $565
Monthly Council Rates: $256
4. Construction Information
Builder Name: Tony Mooney
Duplex Construction Costs: $1,729
5. Duplex Information
Duplex Estimated Value: $1,500
10

Monthly Rental Income: $1,250
Monthly Agent Fees: $65
Monthly Landlord Insurance: $98
6. Project Results
Equity Value = Duplex Value of $1500 less Total Outgoings
of $433537
equals $-432037
Net Monthly Rental Income
=
Gross Monthly Rent of
$1250
less Holding Costs of
$419
equals $831
Project Timeline
Weeks
1 2 3 4 5 6 7 8 9 1
0
1
1
1
2
1
3
1
4
1
5
1
6
1
7
1
8
1
9
2
0
2
1
2
2
2
3
2
4
2
5
2
6
2
7
2
8
2
9
3
0
3
1
3
2
3
3
3
4
35 36 37 38
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Settlement
Period on
Land
Purchase
Identifying
location
Analysing
total
operational
cost
Detereminng
the
requirement
of workforce
for
operations
Asceratining
requirement
of resources
Council
Developmen
t Approval
Drafting the
idea among
the registrar
12

Registration
of land and
property on
their owner's
name
Detereminin
g rates
implied on
property
Duplex
Construction
Developing
duplex
houses
Identifying
consumers
for effective
planning
13