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Project Evaluation (ABPL90030)
Graduate courseworkPoints: 12.5On Campus (Parkville)
To learn more, visit 2023 Course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Email: hdoloi@unimelb.edu.au
Overview
| Availability | Semester 2 |
|---|---|
| Fees | Look up fees |
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.
This subject will involve the following software: UCINET 32-bit. Details of software availability and pricing are captured at https://msd.unimelb.edu.au/graduate-research/resources/it-support#software.
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.
- To understand the financial, economic and other technical aspects of project evaluation;
- To develop analytical and problem-solving skills in relation to project evaluation and investment management;
- To evaluate project feasibility and success;
- To 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: 21 March 2023
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 1 (On Campus - Parkville) |
12.5 |
| ABPL90290 | Fundamentals of Built Environment Law | Semester 2 (On Campus - Parkville) |
12.5 |
| ABPL90292 | Construction of Buildings | Semester 1 (On Campus - Parkville) |
12.5 |
| ABPL90312 | Cost Management | Semester 2 (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 |
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: 21 March 2023
Assessment
| Description | Timing | Percentage |
|---|---|---|
Two group assignments each equivalent to 1500 words per student ( 25% each) due in Week 7 and 12, 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.
| Week 7 and 12 | 50% |
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.
| During the examination period | 50% |
Additional details
Last updated: 21 March 2023
Dates & times
- Semester 2
Principal coordinator Hemanta Doloi Mode of delivery On Campus (Parkville) Contact hours 3 hours per week Total time commitment 170 hours Teaching period 24 July 2023 to 22 October 2023 Last self-enrol date 4 August 2023 Census date 31 August 2023 Last date to withdraw without fail 22 September 2023 Assessment period ends 17 November 2023 Semester 2 contact information
Email: 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).
- Completion rate. Students who started their course from 2022 and are in a CSP or receiving a HELP Loan (eg FEE-HELP) must meet the completion rate to continue to receive Commonwealth Support for that course.
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement, and as a fail toward the completion rate, unless there are approved ‘special circumstances’.
Last updated: 21 March 2023
Further information
- Texts
Prescribed texts
Recommended texts and other resources
- Course materials.
- Grant, Ireson and Leavenworth, Principles of Engineering Economy, Wiley,8th Edition (1990).
- 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:
Type Name Informal specialisation Corporate Management Informal specialisation Cost Management Informal specialisation Cost Management Major Energy Efficiency Modelling and Implementation Major Energy Efficiency Modelling and Implementation Informal specialisation Project Management Specialisation (formal) Project Management Informal specialisation Policy Informal specialisation Corporate Management Informal specialisation Policy Informal specialisation Project Management Informal specialisation Research and Development Major Tailored Specialisation Major Tailored Specialisation Major Tailored Specialisation - Links to additional information
- 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.
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: 21 March 2023