BQS606 Coursework Brief

| PROGRAMME | BACHELOR OF QUANTITY SURVEYING (HONS) |
|---|---|
| COURSE | Construction Economics III |
| CODE | BQS606 |
| SEMESTER | 05 |
Introduction
There will be two (2) major coursework for this semester. Assessment criteria are explained in the coursework brief. The final date for submission and presentation of the tasks will be determined by the lecturer. The carry mark for this coursework is 40%.
Instructions
- Students are divided into groups with 4 members each.
- Groups are allowed to cross-reference with other group members.
Assessment
- Marks will be awarded on a group basis throughout the progress of work and the written report submitted. Individual mark will be awarded on oral presentation.
- Students are required to prepare their own reading and analysis and not to copy from others. Originality of work will be an added advantage to the group.
Submission And Presentation
1. Written report (PDF Format)
The document shall be submitted as a standard document that appears in practise via physical submission or online medium such as uFuture, Google Classroom etc as agreed by the lecturer.
2. Presentation
Each group is required to make a presentation in English for a period of 20 minutes (not more than 20 slides).
Presentation date : Week 14
Written Report :
Assignment 1 (Submission: Task 1 – Week 6, Task 2 – Week 10)
Assignment 2 (Submission: Week 12)
Late Submissions
Coursework must be handed in by the due date and time. Any submission after the due date will be deemed late. Late submission will not be marked and will be given a FAIL grade.
Plagiarism
Plagiarism in any form is not permitted. The use of another person’s work or ideas must be acknowledged. Where this is suspected, the students will be penalised.
Coursework Objectives
- To study and understand the nature and characteristics of the various types of investment sources available in the market
- To appreciate and understand how the investment is carried out
- To analyse the relationship of investment objectives and sources of investment
Coursework brief
Developing a Personal Investment Plan (PIP) requires the establishment of clear long-term financial goals and objectives that provide direction for future wealth accumulation, financial security, and personal aspirations. To formulate such a plan, it is essential to first conduct a comprehensive evaluation of one’s current financial condition. This process should include the preparation of a Personal Financial Statement and a cash flow analysis, which serve as fundamental tools for assessing financial capacity, liquidity position, and expenditure patterns.
Furthermore, effective investment planning necessitates the incorporation of precautionary measures, such as maintaining adequate cash reserves for emergencies and securing appropriate insurance coverage to mitigate unforeseen risks.
Upon completion of the financial assessment, students are expected to establish broad investment objectives that align with established financial management literature. These objectives commonly fall into three categories:
- Preservation of principal (capital protection).
- Generation of stable after-tax income, and
- Appreciation of principal (capital growth).
In line with the above, students are required to conduct a literature review that critically evaluates how selected investment sources (not exceeding three) can address these objectives. The review should draw upon scholarly articles, financial reports, and authoritative sources to demonstrate an understanding of the nature, characteristics, and suitability of each investment source in achieving the stated investment objectives.
The report shall be submitted as a standard document not more than 3000 words with minimum 10 references
Course work marking scheme:
-
Report – 100%
Submission Date: Week 6
BQS606: Marking Schema
| INVESTMENT MARKET Report | Mark Allocated (%) | Mark Obtained (%) |
|---|---|---|
| 1. Introduction to report | 5 | |
| 2. Findings (meaning of objectives, suitability of selected sources and characteristics) | 40 | |
| 3. Discussion/critics (how sources fulfilled the objectives) | 30 | |
| 4. Originality of ideas | 10 | |
| 5. Conclusion | 10 | |
| 6. References | 5 | |
| Total | 100 | |
| Reduce to 10% |
BQS606 Coursework 2 – Development Order (30%)
Land development in Malaysia is governed by a comprehensive legal and regulatory framework, with tenure types divided into freehold and leasehold. Development projects must comply with statutory requirements such as land conversion, subdivision or amalgamation, planning permission (Development Order), building plan approval, and certification of completion prior to occupation.
For this coursework, students are required to undertake a systematic investigation of the development control process under a selected Local Authority (LA). The study should not only describe the steps and statutory requirements involved but also critically assess their implications for project feasibility, including legal, financial and technical considerations.
Coursework Objectives:
- To understanding of land tenure and its influence on development potential.
- To expose students to planning, building, and land administration procedures at the local authority level
- To develop students’ ability to link approval processes with technical, legal, and financial feasibility assessments in real-world projects.
- To encourage students to critically evaluate current approval systems and propose improvements that could enhance efficiency and support sustainable development.
Use the following guidelines to complete this coursework:
1. Introduction to Tenure Types
- Explain the legal characteristics of freehold and leasehold land tenure in Malaysia.
- Discuss how tenure influences land development potential, project feasibility, and financing.
2. Local Authority (LA) Profile
- Select a Local Authority (City Council or Municipal Council) as a case study.
- Provide a brief background of the LA, including its planning and building control departments.
- Describe the functions of relevant technical departments involved in development approvals.
3. Regulatory and Approval Framework
- Identify and summarise the statutory requirements and procedures for:
a) Land conversion, subdivision, or amalgamation
b) Planning permission (Development Order)
c) Building plan approval
d) Application for developer’s license and sales permit
e) Certificate of Completion and Compliance (CCC) - Develop detailed flowcharts for each approval stage (conversion, DO, building plan, CCC).
- Identify and tabulate the fees and premiums involved in:
i. Land conversion and subdivision
ii. Planning permission and building plan approval
4. Feasibility Study Integration
- Discuss the role of feasibility studies in decision-making prior to commencing land development.
- Evaluate technical, legal, financial, and market feasibility for a hypothetical project in your chosen LA.
5. Critical Analysis
- Assess the efficiency and transparency of the current development approval process in Malaysia.
- Suggest improvements that could streamline approval timelines and reduce development costs.
Coursework Marking Scheme:
Coursework will be assessed by presentation and submission of report
- Presentation – 100% (reduce to 10%)
- Submission of report – 100% (reduce to 20%)
Submission Date: Report – Week 10
Presentation – Week 13
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