TA: Shanil Shah | Karishma SutariaConstruction Project Formulation and Appraisal
This studio begins with the identification of construction project which is in conceptualization stage. After selection of this project, the studio starts investigating this potential project from various dimensions including risk management, stakeholder management, bid process management, locational analysis, financial analysis, project scheduling and controls, cost benefit analysis, environment impact assessment and technical analysis. The viability of the selected construction project is questioned from the perspective offered by each dimension. This investigation involves learnings from best practices and project case studies, collection of primary data in the form of interaction with experts, questionnaire surveys and so on along with secondary data in the form of government records and policies, detailed project reports. Further, the collected data is analyzed. The dimensions investigated in this studio are interrelated, hence, the investigation is performed in a particular sequence. Finally, the studio concludes with tying the analysis of each dimension and provide recommendations.
