Task $1.$ PM for RIBA Work stages $0-7$:

Topic Area: "Financial Investment And Managing Project Budgets"

Scenario

To successfully deliver a professional commission the "Client and Design Team

Stakeholders" must have a strong awareness of financial principles and how to control

budgets & make a profit from a project. This is typically achieved by applying the RIBA POW

$0-7$ to support Project Management $($PM$)$ concepts and their delivery through best

industry practice.

"UWL Project Information"

The "Client Team" has used a corporate lender to secure a borrowed capital sum of

$10(\frac{?}{\text{b}\text{a}\text{r}}(M))$ at $\%$ interest for $5$ years in order to finance the design, construction and long term

use of a new building. The "Design Team $"$ have produced a solution as noted:

Ground floor level uses and locations for rental revenue

Restaurant with seating, kitchen and offices $($total $200$m$2)$

Gym with workout areas, changing and offices $($total $200$m$2)$

Convenience Shop with display and storage $($total $100$m$2)$

$1-4$ Floor levels for student rooms and facilities

$25$ single student rooms per floor $($i$.$e$.$ total $100$ rooms over all levels$)$

Carry out the following tasks

Task $1\mathrm{.}1$

In the context of the produce a report in A$3$ landscape

format of $600$ words maximum with blended content and academic correctness for the

following key considerations:

PMI Global principles related to "financial appraisal, cost control and managing

budgets"

Acquiring finances through corporate lenders and the impacts of cash flow on running

a business $($i$.$e$.$ use the civil engineering discipline$)$

The Role of the Quantity Survey $($QS$)$ and industry methods for estimating and

managing budgets

Task $1.2$

Calculation Apet Spreadsheet Work Requirements

Using the roject Information", presentalions

and a summary spreadsheet to present your findings for "Estimating And Controlling

Project Budgets" by calculating:

$($a$)$ Capital costing using design brief areas, industry case studies and the $M^2$ Method Data

$($b$)$ "Project Cost" $($ see week $9$ learning maternal$)$

$($c$)$ Predicted Revenue, Payback Period And Future Profits $($research the best price for single

student room and the rental rates per square metre for the ground floor facilities$)$