Critically evaluate risks and uncertainities associated with the appraisal of construction and property developments.
Quantity surveying risk management
Assessed intended learning outcomes
On successful comple-on of this assessment, you will be able to:
Knowledge and Understanding.
1. Critically analyse various risk and value theories and techniques, demonstrating understanding of strengths, weaknesses, limita-ons and reservations of such theories and techniques;
2. Evaluate the difference between the concepts of cost and value and the importance of the cost/value relationship;
3. Develop and implement solu-ons to improve the effectiveness of risk and value management of construction and property appraisal;
4. Evaluate performance and productivity processes and prac-ces in cost and value control of construction and property ac-vity;
5. Critically evaluate risks and uncertainities associated with the appraisal of construction and property developments.