Strategic Project Management Project Feasibility Study… 1 answer below »

Assessment Information Subject Code: MBA641 Subject Name: Strategic Project Management . Case Study . You are required to read the following case study and prepare a Project Feasibility Study and Timeline based on the information contained in the case study. Residential Duplex Development Project You own a real estate development business with cash reserves for funding development projects of $800,000. Your current business project is to successfully complete, within a nine month timeframe, a small residential development in a regional centre (a place that is not a suburb in a capital city) in the state that you reside in. This will require you to locate: 1. A regional centre in your state with a growing population that currently has more than 10,000 residents; 2. A block of land for sale that is large enough to construct a duplex (two attached residences) based on the minimum land allotment size prescribed by the local council and that is selling for a price you can afford; 3. A builder that will construct a duplex on your chosen block of land for a price you can afford. Your primary objective is to create as much equity as possible (value of your constructed duplex less all project costs) and as much income as possible (rent collected from tenanted duplex less all holding costs). Your assessment task is to prepare and submit a Project Feasibility Study and Project Timeline. Templates for both of these will be made available to you but you are welcome to modify them or use your own templates if you wish. You are expected to source real statistics and information rather than providing estimates. This can be achieved by conducting internet research of relevant websites and emailing or telephoning relevant people and organisations. You will also be required to prepare an explanation supported by evidence of where you sourced each item of information in your assessment submission from. How you do this is entirely up to you. You may prepare…