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<html><head><style> body, p, td { font: 12px Verdana, sans-serif; } </style></head><body> <table width="700" border="1" cellspacing="0" cellpadding="20"> <tr> <td valign="top" width="50%"><span style="color: #FF3333;font-weight: bold;">Ref: M4.A08</span></td> <td valign="top" width="50%"><span style="color: #FF0033;font-weight: bold;">Where it fits:<br /> Module 4: Finance</span></td> </tr> <tr> <td colspan="2" valign="top"><span style="font-size: 14px;font-weight: bold;">Title: Construction Project Financial Administration: Understand the principles of project life cycle costs</span></td> </tr> <tr> <td valign="top"><strong>Objectives:</strong><br /> <ul> <li> Understand the principles of project life cycle costs</li> </ul></td> <td valign="top"><strong>Assessment Criteria:</strong><br /> <p> In evaluating this Assignment, the student should be able to:</p> <ul> <li> Distinguish between project costs and project life cycle costs</li> <li> Explain the use of life cycle costs for evaluating alternatives</li> <li> Identify elements of costs included in a life cycle cost</li> <li> Distinguish between acquisition and sustaining costs</li> <li> Explain how to measure life cycle costs<br /> </li> </ul></td> </tr> <tr> <td colspan="2" valign="top"><strong>Due Date:</strong> 2012-10-01</td> </tr> <tr> <td colspan="2" valign="top"><strong>Assignment:</strong><br /> <p> Project Lifecycle Costing</p> <p> This assignment is based on the School project which forms part of the overall Heritage Case Study. You may assume that you are responsible for one of the following engineering disciplines for the project:</p> <ul> <li> Civil engineering works</li> <li> Electrical services</li> <li> Mechanical services</li> </ul> <p> The initial project feasibility estimates are described in Cause 2.1 of the Case Study.</p> <p> Describe the additional factors that you will take into account in order to determine the full life cycle cost of your engineering works.</p> <ul> <li> Describe how you may use the above information when comparing the estimate you produced with the cost of a system based on an alternative design that is more energy efficient.<br /> </li> </ul></td> </tr> <tr> <td valign="top"><strong>Reading and Resources:</strong><br /> <ul> <li> Presentation Notes: Alex Nortje</li> <li> Heritage Project Case study</li> </ul></td> <td valign="top"><strong>Pre-Reading:</strong><br /> </td> </tr> <tr> <td colspan="2" valign="top"><strong>Notes:</strong> </td> </tr> <tr> <td colspan="2" valign="top"><strong>Module Convenor: Celia Mullane (MBA)</strong><br /> 011 325 2695 082 891 8057 <a href="http://www.cesa.co.za/cesanet/modcontact.php?id=3&facilitator=1">send Celia Mullane a message</a> </td> </tr> </table></body></html>