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Project Evaluation (ABPL90030)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Year of offer2018
Subject levelGraduate coursework
Subject codeABPL90030
Campus
Parkville
Availability
Semester 2
FeesSubject EFTSL, Level, Discipline & Census Date

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.

Intended learning outcomes

  • To develop skills in project modelling and evaluation, making investment decisions and assessing project impacts and benefits against costs.
  • To understand the financial, economic and other technical aspects of project evaluation;
  • To develop analytical and problem-solving skills in relation to such aspects;
  • To evaluate project feasibility and success;
  • To facilitate 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.

Eligibility and requirements

Prerequisites

Admission into the MCCM-200EP Master of Construction Management (200-pt Entry Point)

OR

Completion of:

Code Name Teaching period Credit Points
ABPL90313 Management of Construction
Semester 1
12.5

Plus completion of at least 3 of the following subjects:

Code Name Teaching period Credit Points
ABPL90086 Environmental Systems
Semester 1
12.5
ABPL90290 Fundamentals of Built Environment Law
Semester 2
12.5
ABPL90292 Construction of Buildings
Semester 1
12.5
ABPL90312 Cost Management
Semester 2
12.5
ABPL90324 Materials and Structures
Semester 1
12.5
ABPL90335 Contract Management
Semester 2
12.5

OR

Approval from the Course Coordinator

Corequisites

None

Non-allowed subjects

None

Core participation requirements

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Student Equity and Disability Support website: http://www.services.unimelb.edu.au/disability

Assessment

Description

  • Two assignments equivalent to a total of 2000 words (40%) due in week 7 and 11, 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 and appropriate decision-making.
  • Reflective report equivalent to 1000 words (20%) due in week 12, demonstrating the progressive development of new knowledge and acquired competencies with respect to the target and learning outcomes in the subject.
  • Two hour examination equivalent to 2000 words during the examination period (40%) demonstrating a critical analysis of the theories, principles, tools and techniques of project evaluation applied across both public and private sector construction projects.

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

Dates & times

  • Semester 2
    Principal coordinatorHemanta Doloi
    Mode of deliveryOn Campus — Parkville
    Contact hours3 hours per week
    Total time commitment170 hours
    Teaching period23 July 2018 to 21 October 2018
    Last self-enrol date 3 August 2018
    Census date31 August 2018
    Last date to withdraw without fail21 September 2018
    Assessment period ends16 November 2018

    Semester 2 contact information

Time commitment details

170 Hours

Further information

Recommended texts and other resources

  1. Course materials.
  2. Grant, Ireson and Leavenworth, Principles of Engineering Economy, Wiley.
  3. Blank and Tarquin, Engineering Economy, McGraw-Hill.

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 majors/minors/specialisations

Links

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

Last updated: 15 November 2017