Building Economics

BSV11111 Building Economics
BSV11111 – Building Economics

Module title Building Economics
Module number BSV11111
Coursework number Coursework 2 of 2
Module leader Dr Temidayo Osunsanmi
Submission date No later than 11.59pm (UK Time) Wednesday 30th
November 2022
Your completed coursework should be submitted via
the Turnitin assignment submission box within the
module space on Moodle.
Your attention is drawn to the University’s ‘Fit-to-Sit’
and Extenuating Circumstances guidelines as well as
the University’s Academic Conduct regulations.

You are advised to keep a copy of the coursework as your submitted work may not
be returned.
The assignment will be scrutinised independently by the external examiner
appointed to the module.

BSV11111 Building Economics
BSV11111 Building Economics
Coursework 2 – 2022/2023
Assessment Brief: Students should complete both tasks below
1. Your client requested you to provide a report of approximately 2,000 words
(minimum) explaining the potential solutions or existing Government interventions to
the problems of urban development using a city of your choice. Your client is also
interested in understanding the reasons or factors that ensure Government
intervention in Urban development.
Your report should provide significant research evidence through reference to
published sources, demonstrating analysis/critical appraisal of your findings, leading
to appropriate recommendations. This should be professionally presented,
incorporating illustrations and referenced examples where applicable.
(90 Marks)

Criteria Marks
Abstract/Executive summary
The student should summarize the entire report, including the purpose,
methods, and findings.
A clear introduction to the background and purpose of the topic.
This should include an explanation of how an urban area is
developed with a focus on the theories that were discussed in
class. The problems associated with the growth of an urban area
should also be discussed. The student should relate those
theories to the city of their choice. The aim of the report should
also be indicated in this section.
Methodology and review of literature
A well-structured paper with an appropriate flow and making good
use of sections with relevant sub-headings to lead the reader
through the analysis;
A detailed step-by-step information on how the materials were
Identification of a range of appropriate reference sources; insight
and understanding reflecting the knowledge and critical
evaluation of background reading;
Comprehensive and accurate referencing of all sources used,
following Harvard Style.

BSV11111 Building Economics

Analysis/synthesis of information
Evidence of the problems associated with urban growth.
Analysis of the driving factors behind the problems.
Demonstrate a proper understanding of scenarios that would
warrant Government Intervention (Hint: student must relate it to
the concept of social cost and benefits and research more beyond
what was discussed in class).
Solutions or Government intervention to the problems.
Criticism of the existing solutions and Government Intervention in
the problems related to urban growth.
Clear and reasoned conclusions based on the findings of the
preceding sections;
A clear statement of any recommendations arising from the
criticism of Government intervention and solutions.
Clear and professional written paper;
Appropriate font style, size, and line spacing;
Use of justified body text;
Clear presentation of any figures, diagrams, images, and tables
Free from spelling, typographical, syntax, and grammatical

Assessment Guidance (more information about expectations)
The report should be in a page-numbered report format and include the following:
Title page
Assignment title, module code, full name and student code, as well as submission
Table of Contents
Findings and Analysis
BSV11111 Building Economics
Your assignment must be word processed and presented in a report format with simple
sub-headings. The word count should be 2,000 words +/-10% (tables, diagrams and
appendices are excluded from the count), in Arial 11pt, single spaced, and with 2-inch
All assignments will be submitted, graded, and fed back electronically via TURNITIN.
Several submissions will be permitted before the Hand-in date in order to enable you
to refine the content in your report.

BSV11111 Building Economics
1. A developer is considering purchasing a piece of development land on which to
build a speculative open plan office block. Using the information below,
calculate the residual land value that the developer would be willing to bid for
the site.
Include all workings in your answer.
Office block @ 10,000 m² IPMS2
Construction period is 1.5 years
Estimated rental value is £380 per m² for IPMS3
Yield is 8%
Building costs @ £1,400 per m²
Ancillary costs @ 5% of building costs
Contingencies @ 5% of building and ancillary costs combined
Professional fees @ 13% of building costs
Interest costs @ 8%
Developers profit @ 20% of total development costs
(10 Marks)

BSV11111 Building Economics
Learning Outcomes
On successful completion of this assessment, you will be able to:
Evaluate models of urban development and economic aspects of urban
Acquire technical knowledge of how to apply development appraisal
General Requirements:
An appendix can be included in addition to the word limit if required but this should not
include detail that would normally be expected within the main body of the report/paper.
A comprehensive reference list must be included. References should be made to
all information sources used and these should be in the Harvard referencing style.
You will be advised by e-mail as soon as feedback and grades become available.

BSV11111 Building Economics
Napier University
School of Engineering and the Built Environment
Assessment Datasheet

1. Module number BSV11111
2. Module title Building Economics
3. Module leader Dr Temidayo Osunsanmi
4. Tutor with responsibility for this
Dr Temidayo Osunsanmi
5. Assessment Coursework
6. Assessment Weighting
a) Overall module assessment
b) For this assessment
a) 100% continuous (coursework)
b) This assessment is worth 50% of the total
module grade
7. Size and/or time limits for
2,000 words
8. Deadline of submission See previous page.
Your attention is drawn to the academic
regulations and the penalties for late
submission of the coursework.
9. Arrangements for submission Coursework should be submitted via the
Turnitin submission box within the module
space on Moodle by
11.59pm on the
assessment due date.
You are advised to keep your own copy of the
assessment submission.
10. Assessment Regulations All assessments are subject to the University
Regulations. It is the responsibility of the
student to know and abide by the University
Regulations. You can access the academic
regulations on the Napier web site by
myNapier and selecting Your
Studies > Regulations, Conduct and Safety
> Academic Regulations.
11. The requirements for the
Pay particular attention to the presentation of
your submission and remember that you are
providing professional research and/or
recommendations and your coursework should
be written in a professional manner.
All references to be provided using the
‘Harvard’ citation system.

BSV11111 Building Economics

13. Return of work Grades will be made available by 15th January
2023, unless otherwise advised by the module
You will be advised by e-mail when grades and
feedback are available within Moodle.
14. Assessment criteria See previous page