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    Assessment (Project Operation) 2

    Uploaded by

    Mohammad Waffee Mohd Shukori
    The document provides information about a proposed apartment development project including: 1) Details of the proposed 500-unit development including selling price, construction costs, marketing costs, and land costs. 2) Calculations required to determine the gross development value, gross development cost, gross development profit, and profit margin to assess the project's viability. 3) A Gantt chart and budget breakdown outlining the project tasks from land purchase through construction to completion over a 30-month period with a total budget of RM30 million.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Assessment (Project Operation) 2

    Uploaded by

    Mohammad Waffee Mohd Shukori
    15 views5 pages
    The document provides information about a proposed apartment development project including: 1) Details of the proposed 500-unit development including selling price, construction costs, marketing costs, and land costs. 2) Calculations required to determine the gross development value, gross development cost, gross development profit, and profit margin to assess the project's viability. 3) A Gantt chart and budget breakdown outlining the project tasks from land purchase through construction to completion over a 30-month period with a total budget of RM30 million.

    Original Description:

    Sample interview assessment question for project developer

    Original Title

    ASSESSMENT (PROJECT OPERATION) 2

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    The document provides information about a proposed apartment development project including: 1) Details of the proposed 500-unit development including selling price, construction costs, marketing costs, and land costs. 2) Calculations required to determine the gross development value, gross development cost, gross development profit, and profit margin to assess the project's viability. 3) A Gantt chart and budget breakdown outlining the project tasks from land purchase through construction to completion over a 30-month period with a total budget of RM30 million.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    15 views5 pages

    Assessment (Project Operation) 2

    Uploaded by

    Mohammad Waffee Mohd Shukori
    The document provides information about a proposed apartment development project including: 1) Details of the proposed 500-unit development including selling price, construction costs, marketing costs, and land costs. 2) Calculations required to determine the gross development value, gross development cost, gross development profit, and profit margin to assess the project's viability. 3) A Gantt chart and budget breakdown outlining the project tasks from land purchase through construction to completion over a 30-month period with a total budget of RM30 million.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    ASSESSMENT

    PROJECT (OPERATION)
    OPERATION & IMPLEMENTATION

    Candidate Name:
    Interview Date:

    REV 01
    ASSESSMENT | PROJECT | OPERATION | EXECUTIVE / SENIOR EXECUTIVE

    QUESTION 1
    Company A plan to develop one (1) Apartment building on a piece of land (3 acres) in Kuala Lumpur City
    comprised of 500-unit Type A with 3 bedroom and 2 bathroom and standard size of 1000sqft.

    No Item Detail
    1. Selling price of Apartment (Type A) RM 500/sqft
    2. Total Construction Cost (TCC) @ GFA = 900,000sqft RM 200/sqft
    3. Marketing Cost 2% of GDV
    4. Professional Fees 6% of TCC
    5. Land Price RM 1mil / acre
    6. Land Cost & Land Related Cost RM 1 mil
    7. Authority Fees / Related Charges RM 2 mil
    Table 1: Development Information

    Board of Director for Company A decide to develop the Apartment if they can obtain 25% of Profit Margin.
    Based on information given above, calculate item a, b, c, d and predict management decision either to proceed
    or not to proceed with this development.

    a) Gross Development
    Value (GDV) (RM)

    b) Gross Development
    Cost (GDC) (RM)

    c) Gross Development
    Profit (GDP) (RM)

    d) Profit Margin (%)

    Management Decision

    2
    TEMOKIN DEVELOPMENT SDN. BHD. (PRIVATE & CONFIDENTIAL)
    ASSESSMENT | PROJECT | OPERATION | EXECUTIVE / SENIOR EXECUTIVE

    QUESTION 2
    a) Describe is short (simple point would be advisable) with example (if necessary) on your understanding of
    the item below:

    i) Relationship of
    Liquidated Ascertain
    Damages (LAD) and
    Extension of Time
    (EOT)

    ii) Different of Non-


    Conformance Report
    (NCR) and Corrective
    Action Request (CAR)

    b) Based on issue below, come out with your idea / strategy / action plan should be taken to resolved it.

    Project A is based on PAM Contract 2006. During construction of ground beam, client realized that contractor
    putting sand blinding (as per BQ) instead of concrete blinding (as per tender & construction drawing). The
    concrete casting work for the beam has been done. Client just realized there are different in drawing and BQ
    after they went to site. As per C&S requirement, the ground beam need to be installed with concrete blind
    instead of sand blinding.

    c) A developer company just bought a piece of Agricultural land (freehold) located in Selangor (City Council)
    with price of RM 2.3 mil (under Agricultural title). They plan to develop a residential development for the
    said land after knowing that the land zoning is under Residential. After conducting land valuation, the market
    price of the land is RM 5.6 mil (under Residential title).
    Based on Town and Country Planning Act 1976 (Act 172) – Development Charge Rules 2010, calculate
    the estimated amount of development charges that may need to be paid by the developer to change in use
    of the said land.

    3
    TEMOKIN DEVELOPMENT SDN. BHD. (PRIVATE & CONFIDENTIAL)
    ASSESSMENT | PROJECT | OPERATION | EXECUTIVE / SENIOR EXECUTIVE

    QUESTION 3
    Company YYY Development Sdn. Bhd. would like to develop a parcel of land located in Kuala Lumpur. The
    general task and budget required is as per table below. Board Director would like to see the summary planning
    and how the budget to be spend for this development.

    Duration Start Date Budget


    No Task Remarks
    (Month) (Month) (RM)
    1 Purchased of Land 1 1st January 22 4 mil -
    Appointment of Consultant Budget to be prorate by
    2 2 1st February 22 2.2 mil
    Team month
    3 Design Development 4 1st April 22 - -
    Submission & Approval of Half of budget to be paid
    4 Planning and BP by 6 1st August 22 2.6 mil at first month, another half
    Authority to be paid on last month
    Tender Documentation -
    5 2 1st February 23 -
    Preparation
    6 Award Contract - 1st April 23 - Milestone
    Site Possession & -
    7 1 1st April 23 0.6 mil
    Preliminary Work
    8 Earthwork 1 1st May 23 1.2 mil -
    Budget to be prorate by
    9 Piling & Structure Works 6 1st June 23 3 mil
    month
    Budget to be prorate by
    10 C&S and Architecture Works 8 1st September 23 20 mil
    month
    Budget to be prorate by
    11 Electrical Works 8 1st November 23 4 mil
    month
    Budget to be prorate by
    12 Infra Works 4 1st April 24 6 mil
    month
    Completion of Construction Milestone
    13 - 1st July 24 -
    Works (CPC)
    14 Process & Obtained CCC 4 1st August 24 - -
    15 Vacant Possession - 1st December 24 - Milestone
    Table 2: Project Information
    Based on information given in Table 2,
    a) By using highlighter, prepare Gantt Chart by transferring information in Table 2 into Gantt Chart template
    provided in Appendix A.
    b) On the same sheet (Appendix A), key in budget (in RM mil) inside the box based on construction cost
    required for the task and sum the figure inside Amount and Cumulative amount cell.
    c) Based on task done for item (a) and item (b), what is the total budget required on the Month of November
    2023?
    d) Finance managers inform that based on the company forecast from January 2022 up to April 2024,
    company only able to inject budget of RM 30mil to be spent for this project.

    Does the budget provide by Finance is enough? If No, how much additional budget required in April 2024?
    4
    TEMOKIN DEVELOPMENT SDN. BHD. (PRIVATE & CONFIDENTIAL)
    ASSESSMENT | PROJECT | OPERATION | EXECUTIVE / SENIOR EXECUTIVE

    APPENDIX A

    Y1 (2022) Y2 (2023) Y3 (2024)


    No Task
    1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12

    1 Purchased of Land

    2 Appointment of Consultant Team

    3 Design Development

    4 Submission & Approval of Planning

    5 Tender Documentation Preparation

    6 Award Contract

    7 Site Possession & Preliminary

    8 Earthwork

    9 Piling & Structure Works

    10 C&S and Architecture Works

    11 Electrical Works

    12 Infra Works

    13 Completion of Construction Works

    14 Process & Obtained CCC

    15 Vacant Possession

    Amount (RM mil)

    Cumulative Amount (RM mil)

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