1. BRIEF The assessment for this module consists of a written report: • Students are encouraged to start their project work early in the module and to develop their submission alongside their learning. Module tutors are available for consultation on project submissions and are to be treated as another resource available to students. • Students must submit all the project work (coursework) on the agreed Submission Date. Tutors will give feedback and constructive criticism on the direction of the student’s work and how it can be improved. • All submissions for review should be discussed with module tutors in allocated time slots in Week 10. However, the formal (summative) assessment will be based on the student’s final submission via Blackboard. In this coursework, students are expected to complete two tasks with equal weightage of 50%. Task A: (Weightage = 50%) The aim of this part is to enable students to understand construction project risk management system and the importance of risk management, to apply learnt knowledge of risk analysis techniques and methods to analyse risks and to encourage students to give their opinions. Key tasks involve: • Select/assume a construction project. • Provide an overview information of the project. • Identify hazards (or risks) and uncertainties associated with the project by an appropriate technology, e.g. brainstorming/checklist etc. • To analyse risks of the project and pay attention to an appropriate technology, e.g. risk matrix/cash flow/FTA/ETA etc; • To analyse outputs and give suggestions of risk reduction. • To write a formal report fully describing the project and risk management and the improvement recommended Task B: (Weightage = 50%) Identify and select a national UK construction related company and, using information readily available in the public domain (company accounts, annual reports), review the company’s recent business performance and its ability to meet the demands of the future business environment. 1. Provide an overview of the directors’ reports, the profit and loss account and the balance sheet. 2. Use the information to develop a SWOT, PESTLE, Porter’s five forces or BCG analysis. 3. Provide the following financial ratios for at least two years; Liquidity ratios (current ratio and acid test), profitability ratios (ROE, ROCE, Net profit margin and Gross profit margin), efficiency ratios (inventory turnover period, debtor days, creditor days) and funding ratios (Balance Sheet gearing, ordinary dividend cover, interest cover), investment ratios (Dividend per share and EPS). 4. Analyse the potential of Earned Value Financial Analysis as a financial control tool to improve overall Financial Reporting of various projects. 5. Provide a conclusion based on the information gained above to inform where you see the company heading in the future.

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1. Calculate the cost per unit of Trophies, Plaques and Medallions based on a single plantwideoverhead rate, if total overhead is allocated based on total direct costs.2. Calculate the cost per unit of Trophies, Plaques and Medallions based on departmentaloverhead rates, where forming department overhead costs are allocated based on directlabour costs of the forming department, assembly department overhead costs are allocatedbased on total direct costs of the assembly department and packaging department overheadcosts are allocated based on direct materials costs of the packaging department.3. Calculate the cost per unit of Trophies, Plaques and Medallions if Tarquin allocates overheadcosts in each department using activity-based costing.4. Explain how the disaggregation of information could improve or reduce decision quality

 

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1. Calculate the opportunity cost of preserving Nigula bog as a nature reserve. Use the data below assuming the next-best alternative use of Nigula bog is using peat as an energy source The peat deposit of Nigula bog covers about 2,000 hectares. The annual harvest from one hectare is about100 tonnes and one tonne of peat contains 3 megawatt hours (MWh) of energy Assume that peat is sold on a competitive market and the market price is Euro 30 per tonne. The nearby power plant buys the annual peat production and earns Euro 50 per MWh from sales of electricity and heat. Other inputs cost Euro 10 per MWh. 2. The number of visitors to the zoo and the entrance fee is shown in the table below: Entrance fee, Euro Number of visitors per da 0 6 12 800 600 400 200 0 Calculate the change in consumer surplus if the entrance fee increases from three (3) to nine Euro (9). How does the price increase affect the revenue of the zoo? 3. Take the following data as referring to 2000 (they come from UNDP (2001), P and A are for 1999 and T uses CO2 data for 1997), and the world as being the sum of these three groups of nations P, million capita T. CO2 tonnes/S Rich OECD 848 EE and CIS 398 Developing 26,050 6,290 3.530 0.0005 0.001 0.0006 4610 a. Calculate total world CO2 emissions in 2000 b. Work out the 2000 group shares of total population and CO2 emissions.

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