Project Evaluation (ABPL90030)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Availability
Semester 2
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This subject was formerly called Project Evaluation and Management.

This subject develops fundamental knowledge in the technical modeling and evaluation of projects’ feasibility, procurement strategies and outcomes, both in the public and the private sector. Topics covered include: capital formation; role of interest rates; assessing financial feasibility and the investment decision; project financing and financing instruments; technological strategies; profitability; socio-economic impact of projects; cost-benefit analysis; fitness for purpose; and revision of forecasts and financial decisions during project implementation. Students are required to apply this knowledge to real-life case projects to develop appropriate models for the analysis and evaluation of how the work meets objectives and expectations of the parties involved.

Prescribed software programs with no cost
UCINET 32-bet

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support


Intended learning outcomes

On completion of the subject, students should be able to:

  • Develop skills in project modelling and evaluation, making investment decisions and assessing project impacts and benefits against costs.
  • Understand the financial, economic and other technical aspects of project evaluation;
  • Develop analytical and problem-solving skills in relation to project evaluation and investment management;
  • Evaluate project feasibility and success;
  • Apply decision-making on project investments.

Generic skills

On completion of this subject, students will have gained skills in:

  • An appreciation of the scope and dimensions of professional roles;
  • The ability to function effectively as either a team leader or member within multi-disciplinary and multi-cultural teams;
  • A commitment to, and fundamental appreciation of, the concept of successful teamwork and the ability to communicate effectively, clearly and concisely as a team leader or member of the group;
  • An ability to communicate ideas, concepts and solutions to both technical and non-technical audiences effectively, clearly and concisely;
  • An ability to carry out research and apply fundamental theoretical knowledge to problem solving in relevant disciplines.

Last updated: 28 March 2025

Eligibility and requirements

Prerequisites

Option 1

Admission into the 200pt Program course entry point in the MC-CM Master of Construction Management

Option 2

Code Name Teaching period Credit Points
ABPL90313 Management of Construction
Semester 1 (On Campus - Parkville)
 12.5

AND

Three of

Code Name Teaching period Credit Points
ABPL90086 Environmental Systems
Semester 2 (On Campus - Parkville)
 12.5
ABPL90292 Construction of Buildings
Semester 1 (On Campus - Parkville)
 12.5
ABPL90312 Cost Management
Semester 1 (On Campus - Parkville)
 12.5
ABPL90324 Materials and Structures
Semester 1 (On Campus - Parkville)
 12.5
ABPL90335 Contract Management
Semester 2 (On Campus - Parkville)
 12.5
ABPL90435 Concrete Construction Systems
Semester 2 (On Campus - Parkville)
 12.5

Option 3

Approval from the Course Coordinator

Corequisites

None

Non-allowed subjects

None

Inherent requirements (core participation requirements)

The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.

Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home

Last updated: 28 March 2025

Assessment

DescriptionTimingPercentage

Two group assignments each equivalent to 1500 words per student ( 25% each) demonstrating the theoretical understanding of the project evaluation techniques in both financial and non-financial terms and application of knowledge in the real life case projects for developing project appraisals.

  • 3000 words (total)
Week 7 and 1250%

One two hour examination, demonstrating a critical analysis of the theories, principles, tools and techniques of project evaluation applied across both public and private sector construction projects.

  • 2 hours
Hurdle requirement: A minimum mark of 40% has to be achieved in the examination in order to pass this subject.		During the examination period50%

Additional details

 

 



Last updated: 28 March 2025

Dates & times

  • Semester 2
    CoordinatorHemanta Doloi
    Mode of deliveryOn Campus (Parkville)
    Contact hours1 x 3 hour seminar per week
    Total time commitment170 hours
    Teaching period28 July 2025 to 26 October 2025
    Last self-enrol date 8 August 2025
    Census date 1 September 2025
    Last date to withdraw without fail26 September 2025
    Assessment period ends21 November 2025

    Semester 2 contact information

    Subject Coordinator:
    Hemanta Doloi
    hdoloi@unimelb.edu.au

Time commitment details

170 Hours

What do these dates mean

Visit this webpage to find out about these key dates, including how they impact on:

  • Your tuition fees, academic transcript and statements.
  • And for Commonwealth Supported students, your:
       -  Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
     

    Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.

Last updated: 28 March 2025

Further information

  • Texts

    Prescribed texts

    Recommended texts and other resources

    1. Course materials.
    2. Grant, Ireson and Leavenworth, Principles of Engineering Economy, Wiley,8th Edition (1990).
    3. Blank and Tarquin, Engineering Economy, McGraw-Hill,5th Edition (2001).
  • Subject notes

    Special Computer Requirements: A PC with Windows operating system; internet access and a webcam.

    Resources provided to distance students: Internet-based IT framework (Learning Management System) with secured access facilitating completion of assignments handed out during the workshop session and online access to other students and the subject coordinator/tutor.

     

  • Related Handbook entries

    This subject contributes to the following:

    TypeName
    Specialisation (formal)Project Management
  • Links to additional information

    https://msd.unimelb.edu.au/graduate-coursework-programs

  • Available through the Community Access Program

    About the Community Access Program (CAP)

    This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.

    Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants

    Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.

  • Available to Study Abroad and/or Study Exchange Students

    This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.

Last updated: 28 March 2025