Core Module Information
Module title: Project Appraisal and Finance

SCQF level: 11:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: BSV11102
Module leader: Timothy Olawumi
School School of Computing, Engineering and the Built Environment
Subject area group: Built Environment
Prerequisites

There are no pre-requisites for this module to be added

Description of module content:

This module equips you with the knowledge and skills to appraise and finance projects effectively, exploring the project life cycle from the feasibility stage to financial closure. Also, it will provide you with an indepth understanding of economic appraisal techniques, project finance instruments, and the role of financial institutions in domestic and international markets.The module is structured around two key areas. First, you will explore project appraisal techniques and learn how to evaluate construction projects using methods like the Discounted Cashflow Techniques, Capital Asset Pricing Model and Cost-Benefit Analysis. You will understand how to assess project feasibility, calculate required rates of return, and consider environmental impacts in your decision-making process. More so, you will also understand how to identify, evaluate, and mitigate risks associated with construction projects. This knowledge will enable you to make well-reasoned recommendations about project investments.Moreover, in relation to project finance, this module will provide you with practical insights into how construction projects are funded in both domestic and international markets. Also, you will explore a range of financial instruments, such as bonds, syndicated loans, and derivative products. You will also examine real-world applications through case studies focused on infrastructure projects in both emerging markets and developed economies.The knowledge and skills you develop will be directly applicable to real-world situations, which will prepare you for roles in project management, financial analysis, and investment decision-making within the construction sector. Whether you aim to work in project development, financial institutions, or consultancy, this module will provide you with the analytical skills and financial knowledge needed to evaluate and finance major construction projects.

Learning Outcomes for module:

Upon completion of this module you will be able to

LO1: Discuss the principles of economic appraisal as applied to construction projects.

LO2: Critically apply the principles of economic appraisal to aid investment decision making for construction projects.

LO3: Explain the main sources, costs and conditions associated with raising project finance.

LO4: Critically examine and analyse problems and synthesise solutions in project evaluation and financing.

Full Details of Teaching and Assessment
2024/5, Trimester 1, Blended,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: Blended
Location of delivery: MERCHISTON
Partner:
Member of staff responsible for delivering module: Timothy Olawumi
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Online Guided independent study 20 Guided independent study: This involves students working on a set of self-assessment questions (SAQs) and reflective exercises that cover the key topics of the module to support students' learning and progress with guidance from the module leader.
Face To Face Lecture 30 Lectures and tutorials covering module content, worked examples, and preparing students for both coursework and exam assessments.
Face To Face Centrally Time Tabled Examination 3 A centrally scheduled examination covering the four learning outcomes.
Online Guided independent study 147 Guided independent study: Independent study time is for students to engage with course materials, participate in self-directed discussions, prepare coursework, and complete an exam. This involves applying critical thinking, concepts, and frameworks from readings to analyse case studies or practical contexts, enhancing their learning experience.
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Centrally Time Tabled Examination 45 1~2~3~4 Exam Period HOURS= 3 hours A centrally scheduled examination covering the four learning outcomes.
Essay 55 1~2~3~4 Week 10 , WORDS= 3000 words Essays and calculations related to the assessed learning outcomes.
Component 1 subtotal: 55
Component 2 subtotal: 45
Module subtotal: 100

Indicative References and Reading List - URL:
Project Appraisal and Finance