D31VR Value and Risk Management ASSIGNMENT Value and Risk Management of New-build Hotel development
engineering
Description
D31VR Value and Risk
Management ASSIGNMENT
Value and Risk Management
of New-build Hotel development
The scenario for Part 1 and 2 is based on the Citizen M development
project BCIS analysis #28544. For the purposes of the assignment scenario,
assume the project is at the design stage and therefore has not yet been built.
Part 1 20% – Group presentation to be assessed in week 8
Group presentation will be
based on the work carried out in tutorial groupwork sessions.
The client has instructed your consultancy to carry out a value
review of the project and make a presentation to the client team, which covers
the following
(A) Strategic value study
Present the client project value system for the scheme
relevant to RIBA PoW Stage 1 in the form of a pairs-comparison matrix
to reflect the priorities and measures of success for the project.
Your team should briefly explain the relative importance of each of the 9
dimensions of value to the project. This will help ensure the design team
understand the client’s values as they develop the design solution.
(B) Value engineering study
Using the existing BCIS cost plan as a benchmark, present and
justify options to the design team for improving value for money. Your recommended options should make clear
what the implications are for the project value system
Assessment of the presentation will be based on the following
criteria:
·
Development of client project
value system
·
Creative and credible proposals
for enhancing project value
·
Demonstration of team work and
management
·
Quality and clarity of ppt presentation (maximum
8 slides)
