TITLE : Property Development

Revised effective January 2014

Course CONS7906 Level 7 Credits 15

Number
Main Programme: Bachelor of Construction
Pre-requisites: CONS6906 Development Finance
Co-requisites: N/A
Restrictions: N/A
Compulsory / Elective: Compulsory for Property Development major

Learning time:
Block Course Hours Self-Directed Learning Hours Total
32 118 150

COURSE AIM
To enable students to evaluate the property development process, using a project-based learning
approach, focused through the production of a speculative project development submission.

LEARNING OUTCOMES
1. Evaluate opportunities for the commercial development of selected sites.
x Analysis of a sites development potential
x Analysis of the market price costs of procuring the site
2. Derive a detailed development proposal for a selected recipient (such as a client,
funding agency, local authority).
x Bulk and location studies.
x Concept design
x Market and feasibility analysis.
x Documentation and presentation of a proposal
3. Develop risk management strategies for property developments.
x Identification and evaluation of potential risks
x Risk management strategies for significant risks.

LEARNING AND TEACHING STRATEGIES

Project based learning. Lectures including where possible delivery by appropriate guests. Web based
delivery of course documentation. On-line tutorials and assignment delivery where appropriate.
Tutorials may include workshops, group exercises and discussions, with student presentations and
peer review.

TOPICS
Development appraisal: Looking at alternative uses for a site; Looking at alternative sites for a use;
Market research and sources of information; Overview of market analysis; Opportunities and
restrictions placed by town planning; Opportunities from urban renewal; Opportunities from packages
solutions; Planning controls; Working with authorities to maximise benefit; Current issues; Case
studies of development proposals. Documenting a proposal: The components of a development
proposal; Presentation techniques; Presenting concepts effectively; Satisfying stakeholder objectives;
The financial components for a submission; Bidding processes and responding to an EOI or RFT ;
Case studies of proposal documentation. Risk Management: Risk analysis techniques; Risk
management techniques.

ASSESSMENT
Assessment Weighting Threshold
Coursework 70%
Examination 30% 50%
A minimum mark of 50% is required in the examination to pass the course

LEARNING RESOURCES
As recommended via the Course Management System, such as Moodle

Revised 2014:
Sub-learning outcomes edited. Recommended Text updated. Assessment breakdown changed.

44 Revision 15 Oct 2013