Description
Unit Outcomes: Understand the processes involved in the conception, feasibility, and sustainability analysis and execution of the property development process.
Question # 1
The development process
What do you believe will be the most challenging stage of the development process in relation to your chosen site for the ongoing project?
Question # 2
For this discussion, share your thoughts about the feasibility of the proposed development provided in this unit’s enrichment activity. Do you think the proposal is feasible? How could the developer adapt his plan to mitigate any risks?
Question # 3
Download the document below and complete the questions included.
Question # 4
Why are green buildings necessary?
For the purposes of this discussion, explore the Green Building Council of South Africa’s website. The website has various useful tools and resources to assist interested parties in designing and developing sustainable, green buildings. Once you have explored the resources available on their website, discuss among your peers the need for sustainable and green development. To prompt your discussion, consider the following questions:
1) How important do you believe sustainable and green development is in the South African context?
2) What useful tools or resources have you found on the Green Building Council of South Africa’s website? How could you use these tools as a developer?
3) Using the property you have identified for the ongoing project, consider what the potential environmental, social, and economic benefits would be if it was designed as a green building?
Question # 5
Download the document below and complete the questions included
Unformatted Attachment Preview
MODULE 7 UNIT 1
Activity submission
© 2020 UCT/ GetSmarter
All Rights Reserved
Learning outcomes:
LO1: Outline development ideas for, and the investor’s role in, the development project.
LO2: Execute market research on macro and micro environmental factors affecting the
project.
Name:
1. Instructions and guidelines (Read carefully)
Instructions
1.
Insert your name and surname in the space provided above, as well as in the file name.
Save the file as: First name Surname M7U1 Activity submission – e.g. Lilly Smith M7U1
Activity submission. NB! Please ensure that you use the name that appears in your
student profile on the Online Campus.
2.
Write all your answers in this document. There is an instruction that says, “Start writing
here” under each question. Please type your answer there.
3.
Submit your assignment in Microsoft Word only. No other file types will be accepted.
4.
Do not delete the plagiarism declaration or the assignment instructions and guidelines.
They must remain in your assignment when you submit.
PLEASE NOTE: Plagiarism cases will be investigated in line with the Terms and Conditions
for Students.
IMPORTANT NOTICE: Please ensure that you have checked your course calendar for the
due date for this assignment.
Guidelines
1.
There are 6 pages and 1 question in this assignment.
2.
Make sure that you have carefully read and fully understood the questions before
answering them. Answer the questions fully but concisely and as directly as possible.
Follow all specific instructions for individual questions (e. g. “list”, “in point form”).
3.
Answer all questions in your own words. Do not copy any text from the notes, readings
or other sources. The assignment must be your own work only.
© 2020 UCT / GetSmarter
All Rights Reserved
Tel: +27 21 447 7565 | Fax: +27 21 447 8344
Website: www.getsmarter.com | Email: [email protected]
Page 2 of 6
Plagiarism declaration
1. I know that plagiarism is wrong. Plagiarism is to use another’s work and pretend that
it is one’s own.
2. This assignment is my own work.
3. I have not allowed, and will not allow, anyone to copy my work with the intention of
passing it off as their own work.
4. I acknowledge that copying someone else’s assignment (or part of it) is wrong and
declare that my assignments are my own work.
2. Mark allocation
The question is worth 15 marks. However, you will only receive a final percentage mark and
will not be given an individual mark. Use the rubric to see how marks will be allocated.
3. Question
In this unit’s video with Sean Godoy, you were introduced to the important stages of the
development process. You were also given an infographic which expanded on the initial
planning stage. The infographic investigated how to determine a developer’s objectives, what
to consider when conducting a site inspection, what research must be conducted when
performing a market study and what elements are included in a feasibility study.
Keeping this in mind, for this online activity submission you will need to use the content
covered in this unit and Module 2 (which also covered the importance of conducting a market
study), as well as conduct your own research into how a market study is performed. Using this
information, apply the theory to the ongoing project by carrying out a basic market study on
the property you have chosen. To prompt your research and response, refer to section 8 on a
market study in the Module 2, Unit 1 notes and consider the following:
•
What are the current macro-economic conditions?
•
What are the regional and neighbourhood factors at play?
•
What is the current supply in the market (i.e. competition)?
•
What gap in the market will this development fill?
•
What demand is there in the market (i.e. types of property the community needs)?
© 2020 UCT / GetSmarter
All Rights Reserved
Tel: +27 21 447 7565 | Fax: +27 21 447 8344
Website: www.getsmarter.com | Email: [email protected]
Page 3 of 6
•
Are there any restrictions (resource, spatial or legal) that may limit the scope of the
development?
Your submission should not exceed 500 words, excluding references.
Start writing here:
4. Rubric
The following rubric will be used to grade your submission:
Critical
engagement
with the
module’s
content is
evident.
Independent
research on the
elements of a
market study is
apparent.
Answer
critically
engages with
the learning
material
provided and
insightfully
makes use of
both this
content and
independent
research to
inform their
submission.
Unsatisfactory
Limited
Accomplished
Exceptional
No submission,
or fails to
engage with the
content or
show any
insight into how
a market study
is conducted.
The student has
not used the
module content
and additional
research to
inform their
writing. (0)
Minimal
engagement
with the
content is
evidenced.
Some additional
research is
provided but at
a superficial
level. Where
there is
evidence of
additional
research, it has
been applied
inadequately.
(2)
Sufficient
critical
engagement
with the
module’s
content, as well
as the use of
additional
research is
evident. There
is evidence that
the content has
informed the
writing of the
submission. (4)
Submission
excellently
makes use of
the content and
additional
research to
craft a
sophisticated
market study of
the property.
The student has
applied the
content and
research in a
nuanced
manner to
meet the
requirements of
the submission.
(6)
© 2020 UCT / GetSmarter
All Rights Reserved
Tel: +27 21 447 7565 | Fax: +27 21 447 8344
Website: www.getsmarter.com | Email: [email protected]
Page 4 of 6
The student
has correctly
extracted the
key
information
about their
chosen site
necessary to
perform a
market study.
This
information
has been
correctly
applied in the
market study.
No submission,
or fails to
identify the
correct market
information for
the chosen site
which is
necessary to
complete a
market study.
(0)
There is some
evidence of
market
research on the
chosen
property,
however, this
has only been
conducted on a
superficial level.
When research
has been
conducted, this
is not correctly
used to
perform a
market study.
(2)
Answer offers a
reasonable
level of market
research on the
chosen
property.
While there is
evidence that
this research
has informed
the market
study, the
submission
does not
analyse the
market in a
nuanced
manner. (4)
Answer
demonstrates a
thorough and
nuanced
understanding
of the market
and the
demand the
development
will meet. There
is evidence of
independent
market
research which
has been used
in a
sophisticated
manner to
write a market
study. (6)
No submission,
or complete
lack of logical
structure.
Multiple
spelling errors
and
grammatical
mistakes. (0)
Answer has
some logical
structure, but
not enough to
justify a passing
grade. Quite a
few spelling
errors and
grammatical
mistakes. (1)
Answer is
structured well
in terms of logic
and clarity. Few
spelling errors
and
grammatical
mistakes. (2)
Answer is
structured
exceptionally
well in terms of
logic and
clarity. The
style is
persuasive and
convincing.
Free of spelling
errors and
grammatical
mistakes. (3)
Answer
correctly
extracts the
relevant
information
required to
conduct a
market study.
Quality of
writing
Answer is
structured
clearly and
logically, and
contains as
little spelling
and
grammatical
errors as
possible.
© 2020 UCT / GetSmarter
All Rights Reserved
Tel: +27 21 447 7565 | Fax: +27 21 447 8344
Website: www.getsmarter.com | Email: [email protected]
Page 5 of 6
Total: 15 marks
© 2020 UCT / GetSmarter
All Rights Reserved
Tel: +27 21 447 7565 | Fax: +27 21 447 8344
Website: www.getsmarter.com | Email: [email protected]
Page 6 of 6
MODULE 7 UNIT 1
Activity submission
© 2020 UCT/ GetSmarter
All Rights Reserved
Learning outcomes:
LO1: Outline development ideas for, and the investor’s role in, the development project.
LO2: Execute market research on macro and micro environmental factors affecting the
project.
Name:
1. Instructions and guidelines (Read carefully)
Instructions
1.
Insert your name and surname in the space provided above, as well as in the file name.
Save the file as: First name Surname M7U1 Activity submission – e.g. Lilly Smith M7U1
Activity submission. NB! Please ensure that you use the name that appears in your
student profile on the Online Campus.
2.
Write all your answers in this document. There is an instruction that says, “Start writing
here” under each question. Please type your answer there.
3.
Submit your assignment in Microsoft Word only. No other file types will be accepted.
4.
Do not delete the plagiarism declaration or the assignment instructions and guidelines.
They must remain in your assignment when you submit.
PLEASE NOTE: Plagiarism cases will be investigated in line with the Terms and Conditions
for Students.
IMPORTANT NOTICE: Please ensure that you have checked your course calendar for the
due date for this assignment.
Guidelines
1.
There are 6 pages and 1 question in this assignment.
2.
Make sure that you have carefully read and fully understood the questions before
answering them. Answer the questions fully but concisely and as directly as possible.
Follow all specific instructions for individual questions (e. g. “list”, “in point form”).
3.
Answer all questions in your own words. Do not copy any text from the notes, readings
or other sources. The assignment must be your own work only.
© 2020 UCT / GetSmarter
All Rights Reserved
Tel: +27 21 447 7565 | Fax: +27 21 447 8344
Website: www.getsmarter.com | Email: [email protected]
Page 2 of 6
Plagiarism declaration
1. I know that plagiarism is wrong. Plagiarism is to use another’s work and pretend that
it is one’s own.
2. This assignment is my own work.
3. I have not allowed, and will not allow, anyone to copy my work with the intention of
passing it off as their own work.
4. I acknowledge that copying someone else’s assignment (or part of it) is wrong and
declare that my assignments are my own work.
2. Mark allocation
The question is worth 15 marks. However, you will only receive a final percentage mark and
will not be given an individual mark. Use the rubric to see how marks will be allocated.
3. Question
In this unit’s video with Sean Godoy, you were introduced to the important stages of the
development process. You were also given an infographic which expanded on the initial
planning stage. The infographic investigated how to determine a developer’s objectives, what
to consider when conducting a site inspection, what research must be conducted when
performing a market study and what elements are included in a feasibility study.
Keeping this in mind, for this online activity submission you will need to use the content
covered in this unit and Module 2 (which also covered the importance of conducting a market
study), as well as conduct your own research into how a market study is performed. Using this
information, apply the theory to the ongoing project by carrying out a basic market study on
the property you have chosen. To prompt your research and response, refer to section 8 on a
market study in the Module 2, Unit 1 notes and consider the following:
•
What are the current macro-economic conditions?
•
What are the regional and neighbourhood factors at play?
•
What is the current supply in the market (i.e. competition)?
•
What gap in the market will this development fill?
•
What demand is there in the market (i.e. types of property the community needs)?
© 2020 UCT / GetSmarter
All Rights Reserved
Tel: +27 21 447 7565 | Fax: +27 21 447 8344
Website: www.getsmarter.com | Email: [email protected]
Page 3 of 6
•
Are there any restrictions (resource, spatial or legal) that may limit the scope of the
development?
Your submission should not exceed 500 words, excluding references.
Start writing here:
4. Rubric
The following rubric will be used to grade your submission:
Critical
engagement
with the
module’s
content is
evident.
Independent
research on the
elements of a
market study is
apparent.
Answer
critically
engages with
the learning
material
provided and
insightfully
makes use of
both this
content and
independent
research to
inform their
submission.
Unsatisfactory
Limited
Accomplished
Exceptional
No submission,
or fails to
engage with the
content or
show any
insight into how
a market study
is conducted.
The student has
not used the
module content
and additional
research to
inform their
writing. (0)
Minimal
engagement
with the
content is
evidenced.
Some additional
research is
provided but at
a superficial
level. Where
there is
evidence of
additional
research, it has
been applied
inadequately.
(2)
Sufficient
critical
engagement
with the
module’s
content, as well
as the use of
additional
research is
evident. There
is evidence that
the content has
informed the
writing of the
submission. (4)
Submission
excellently
makes use of
the content and
additional
research to
craft a
sophisticated
market study of
the property.
The student has
applied the
content and
research in a
nuanced
manner to
meet the
requirements of
the submission.
(6)
© 2020 UCT / GetSmarter
All Rights Reserved
Tel: +27 21 447 7565 | Fax: +27 21 447 8344
Website: www.getsmarter.com | Email: [email protected]
Page 4 of 6
The student
has correctly
extracted the
key
information
about their
chosen site
necessary to
perform a
market study.
This
information
has been
correctly
applied in the
market study.
No submission,
or fails to
identify the
correct market
information for
the chosen site
which is
necessary to
complete a
market study.
(0)
There is some
evidence of
market
research on the
chosen
property,
however, this
has only been
conducted on a
superficial level.
When research
has been
conducted, this
is not correctly
used to
perform a
market study.
(2)
Answer offers a
reasonable
level of market
research on the
chosen
property.
While there is
evidence that
this research
has informed
the market
study, the
submission
does not
analyse the
market in a
nuanced
manner. (4)
Answer
demonstrates a
thorough and
nuanced
understanding
of the market
and the
demand the
development
will meet. There
is evidence of
independent
market
research which
has been used
in a
sophisticated
manner to
write a market
study. (6)
No submission,
or complete
lack of logical
structure.
Multiple
spelling errors
and
grammatical
mistakes. (0)
Answer has
some logical
structure, but
not enough to
justify a passing
grade. Quite a
few spelling
errors and
grammatical
mistakes. (1)
Answer is
structured well
in terms of logic
and clarity. Few
spelling errors
and
grammatical
mistakes. (2)
Answer is
structured
exceptionally
well in terms of
logic and
clarity. The
style is
persuasive and
convincing.
Free of spelling
errors and
grammatical
mistakes. (3)
Answer
correctly
extracts the
relevant
information
required to
conduct a
market study.
Quality of
writing
Answer is
structured
clearly and
logically, and
contains as
little spelling
and
grammatical
errors as
possible.
© 2020 UCT / GetSmarter
All Rights Reserved
Tel: +27 21 447 7565 | Fax: +27 21 447 8344
Website: www.getsmarter.com | Email: [email protected]
Page 5 of 6
Total: 15 marks
© 2020 UCT / GetSmarter
All Rights Reserved
Tel: +27 21 447 7565 | Fax: +27 21 447 8344
Website: www.getsmarter.com | Email: [email protected]
Page 6 of 6
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