BSV11111 Building Economics
BSV11111 – Building Economics
COURSEWORK 2

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
Submission guidelines	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.	5
Introduction • 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.	10
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 sourced. • 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.	15

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. •	40
Conclusions • 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.	10
Presentation • 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 used; • Free from spelling, typographical, syntax, and grammatical errors.	10
TOTAL MARKS AVAILABLE:	90

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
date.
• Abstract
• Table of Contents
• Introduction
• Findings and Analysis
BSV11111 Building Economics
• Conclusions
• Recommendations
• References
• Appendices
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
margins.
▪ 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
problems.
• Acquire technical knowledge of how to apply development appraisal
techniques.
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 Assessment	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 assessment	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 accessing myNapier and selecting Your Studies > Regulations, Conduct and Safety > Academic Regulations.
11. The requirements for the assessment	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 leader. You will be advised by e-mail when grades and feedback are available within Moodle.
14. Assessment criteria	See previous page