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TASK 1 (50 Marks):

LO2: Analyse and evaluate design solutions with respect to the cost plans.

Task Title: "Influences of Design on Construction Economics: A Cost Impact Analysis of an Iconic Building"

Task Objective:

To appraise how various design factors , such as plan shape, building size, and storey height, affect the overall cost of a construction project. By studying an iconic building, students will dissect its design to quantify and discuss these impacts, combining their quantity surveying expertise with a practical example.

These are some of the past iconic buildings that have been used before.  You DO NOT have to use these. Feel free to select your own projects. The following buildings are known as the National Landmark for their respective countries.

•    KLCC Twin Tower, Malaysia

•    Sydney Opera House, Australia

•    Dancing House, Czech Republic

•    Marina Bay Sand, Singapore

•    Burj Khalifa, Dubai

•    Shanghai Tower

•    432 Park Avenue, New York

•    20 Fenchurch Street, London

Task Components:

Cost Impact Report (30 Marks)

This report will directly address the design factors listed and their relationship to the overall cost implications, and should include:

•  An abstract summarizing the report’s objectives and key findings.

•   An introduction to the building: historical context, design, and significance.

•   A literature review of cost analysis related to the seven design factors (details below).

•   Analysis and Evaluation Sections, each dedicated to one of the seven design factors, discussing:

o Theoretical cost impacts associated with the factor.

o Real-world application in the chosen building and actual cost implications.

o Visual aids like charts, graphs, and diagrams to support the analysis.

o A  holistic evaluation that integrates all factors to discuss how they collectively influenced the total cost of the building.

o A conclusion that encapsulates the insights gained about design and cost efficiency.

o An appendix containing any additional data or detailed calculations.

o Proper in-text citations and a reference list in a consistent academic format.

The report should critically analyse the following seven design factors in relation to the overall cost of the chosen building:

1. Plan Shape:  Investigate how the geometry and complexity of the building’s layout impacted the costs related to materials, labour, and time.

2. Building Size: Examine the scale of the building and its correlation with the economic principles of scale, including the unit cost changes.

3. Storey Height: Assess the implications of floor-to-floor heights on the use of materials, space utility, and energy efficiency costs.

4. Total  Height:  Discuss the effects of building height on structural requirements, construction methods, and   potentially increased costs for high-rise construction logistics.

5. Planning  Efficiency: Analyse the ratio of usable space to gross built area and its implications for cost per square meter of usable space.

6. Grouping of Buildings: Evaluate if the building's interaction with adjacent structures led to cost benefits or increased outlay, considering shared infrastructure or economies of scale.

7. Buildability: Critically examine the design from a construction perspective, discussing how factors like the choice of materials and the complexity of architectural features have influenced the ease of construction and thus the overall cost.

Presentation (20 Marks)

Each student will produce a concise presentation summarizing their analysis and findings, making use of:

-     Recorded presentation no longer than 10-12 minutes with slides with key points and visuals.

-    An explanation of how each design factor influenced the cost plan of the building.

-    A critical reflection on what was learned about the balance between aesthetics/functionality and cost efficiency.

-    All  students are encouraged to present their parts.

TASK 2: (40 marks)

LO3: Evaluate construction risks incorporating consideration of the risks in cost estimates.

“Risk identification of a construction project is an integral component of the project management and planning process. Risk management is an active and ongoing process of maximising the probability and consequences of positive risk events (opportunities) and minimising the probability and consequences of negative risk events (threats) to the project objectives. In the context of cost estimating, the cost impact of project risks must be included to derive the total cost of the project. ”

Currently, in New Zealand, real GDP growth is projected to ease to 1.2% in 2024. Private spending is anticipated to decline because of reduced job creation and increasing expenses related to mortgage payments. Investment is likely to be hindered by elevated interest rates and falling property values. Unemployment is projected to rise over the forecast period due to sluggish economic expansion.

You  are a  Contractor’s  Quantity  Surveyor  for  constructing  multi-dwelling   residential apartments in Albany, Auckland. The project involves demolishing three existing houses on the site and building twenty-three two-stories terrace houses in five blocks on the site. Your company is preparing its tender estimate for this new project in the design-build delivery model. Although the estimating department is well experienced in the preparation of tender estimates, they have limited experience dealing with the risks related to the uncertainty of the economic outlook. You are tasked to critically analyse the risk factors caused by the uncertainty of current economic conditions on your project from the perspective of the Contractor. You need to include the following in your report.

1)   Introduction to the impact of the current economic conditions on the construction industry. Critically analyse the project context, from a risk management perspective. (5 marks)

2)   Identify 5 risk factors expected that could impact the project undercurrent economic conditions. For each risk factor, clearly describe the event, its causes, and its effects. (10 marks)

3)   Risk Analyses (Qualitative analysis only).  For each risk factor, critically identify the likelihood and consequences. Evaluate all    risk factors using an   appropriate probability/impact matrix. All the risk factors are ranked in according to the risk analysis. (10 marks)

4)  Risk allocation and response. For each risk factor, critically consider the risk allocation and response strategies to treat the risk factors. Prepare the risk action plan accordingly. (10 marks)

5)   References (5 marks)

Note: Word count (excluding references) for Task 2 = 2,500 - 3,000 words