Module: Development and Development Appraisal

Module details

  • Module code

    3246
  • Module leader

    Fawaz Khaled
  • Module Level

    6
  • Module credits

    15
  • Min study time

    150 hours
  • Contact hrs

    36 hours

Module content

The module builds on the students’ existing knowledge and understanding of development but builds on it with application to a true-to life case study experience in which students have to prepare a development appraisal report but also reflect upon their own professional practice in doing so.

The topics covered will include a module introduction, definitions, the development and appraisal process, reporting, financial and non-financial appraisal, traditional and contemporary development appraisal and related issues of professional practice including problem solving and personal reflection and self-development.

Module outcomes

To achieve credit for this module, students must be able to:

  1. Prepare a development appraisal report to an appropriate professional standard.
  2. Apply both traditional and contemporary analytical and valuation skills to both financial and non-financial appraisal.
  3. Evidence problem solving skills through reasoned recommendations and justification for them.
  4. Critically reflect upon their own professional practice in preparing the case study

Assessment

Assessment Description Weighting
Coursework 1 Appraisal Report 70%
Coursework 2 Reflection 30%

Assessments may differ in 2020/21 due to adjustments for Covid-19. Please check Gateway for the latest regulations.

Key texts

  • Issac, D. et al (2016) Property Development Appraisal and Finance (3rd Ed). London, Palgrave.
  • Reed, R. & Sims, S. (2015) Property Development (6th Ed). Abingdon, Routledge
  • Millington, A.F. (2014) An Introduction to Property Valuation. Abingdon, Routledge
  • Heyward, R. (2008) Valuation: Principles into Practice (6th Ed). London, EG Books
  • Harvard, T. (2014) Financial Feasibility Studies for Property Development. Abingdon, Routledge
  • Shapiro, E. et al. (2013) Modern Methods of Valuation (11th Ed). Abingdon, Routledge

Supporting texts