The unit will develop skills and techniques to assess and manage project feasibility in general and its financial viability in particular. The associated role and objectives of project managers and developers will be investigated. Market analysis and sound financial decision making techniques will be addressed. Topics include: financial management of projects, project marketing, land and property valuation techniques; and developing criteria to underpin financial decision making processes that incorporate factors such as macro-economic conditions, market surveys and predictions.

Unit details

Study level:
Credit points:
Unit code:

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Generalise project development processes to assess feasibility and financial viability of projects;  
  2. Identify the conditions inherent in a complex project and propose and justify the additional requirements for such projects;  
  3. Critically review the role and objectives of developers and project managers in various project management scenarios;  
  4. Undertake an investment analysis to assess the viability of a project;  
  5. Predict and defend the potential of a project based on extensive research and investigation; and  
  6. Conceptually map decision-making models which incorporate various tools and techniques and recommend their potential applications.  


Assessment type Description Grade
Case Study Individual Case Study Assignment (1500 words) 20%
Report Group Project (2000 words per student) 30%
Presentation Group Presentation (approx. 5 min per student) 10%
Examination Examination (2 hours) 40%

Required reading

Further reading material will be provided by the instructor in class or through VU Collaborate.

A Guide to the Project Management Body of Knowledge 6th ed.
(PMBOK® GUIDE) (2017)
Project Management Institute

Where to next?

As part of a course

This unit is studied as part of the following courses. Refer to the course page for information on how to apply for the course.

VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.