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LD7164 Assessment

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ASSIGNMENT SPECIFICATION                                

Module title:International Financial and Contractual Management
Module code:LD7164 Assessment
Assignment title:Critical Evaluation of Project Feasibility Study
Module tutor name(s):Clive Powell
Assessment set by: (if not the module tutor)Clive Powell
Academic year:2021/22
% Weighting (to overall module):This assignment is worth 100% of the module marks.
Average study time required by student:50 hours
  
Date of hand out to students:Week 26th September 2022
Mechanism to be used to disseminate to students:Instructions and guidance issued via eLP Module Site (Assessment Area).
Date and time of submission by student:12th January 2023 at 16.00 hrs
      Mechanism for submission of work by student:Via Turnitin submission upload link for Assignment Submission, which will be provided on the Assessment page of the LD eLP Blackboard module site. The front cover of the submission is to only contain, and clearly identify (in this order, on separate lines): the module code and name; the student number; the word count; the total number of all figures and tables.
Date by which work, feedback and marks will be returned to students:No later than 20 working days after the submission date. These marks are likely to be issued by 4th June 2022
Mechanism(s) for return of assignment work, feedback and marks to students:  Via Turnitin.

Assignment Brief:

1.1 Background information

Over the 12 weeks of lectures and seminars, you have learned about a range of concepts, techniques and methods for performing project appraisal, feasibility and economics. These techniques and methods cover the whole project lifecycle of projects from the Concept phase through Development to Operation and Termination (Figure 1). You will gain an understanding of: (1) the different facets of feasibility including financial, economic, environmental, and social feasibility; (2) the different economic environments surrounding projects including, macro and micro environments, and regulatory/legal environments, and finally (3) stakeholder environments including the Sponsor, Professional, and Contracting environments.

Figure 1. https://www.apm.org.uk/blog/why-2021-will-be-the-international-year-of-responsible- project-management/

This individual referral assignment will assess the topics taught in the semester of this course. It has been designed to provide students with an opportunity to develop their ability for critical evaluation from theoretical and contextual perspectives.   This assignment will assess your knowledge and understanding of international project feasibility techniques and approaches and specifically focused on economic, social, financial and contractual. There will be flexibility allowed in tems of both qualitative and quantitative approaches to analysis.   You will required to produce a 4000 word report which critically evaluates the project feasibility for a completed international project which will apply the theories and concepts covered on during the module. This evaluation should consider the quality of the critical analysis of the feasibility technique and its application to the project phases of pre-project, project execution to post project review.   The assessment is worth 100% of the module. It will be submitted and assessed electronically and it addresses Module Learning Outcomes listed below.   Additional instructions to students:

Throughout the module you will asked to engage in a range of formative assessment tasks. These may be in the classroom or to be completed in between taught sessions. These formative assessment activities are designed to build your knowledge, understanding and ability to apply concepts learned in class.

Please ensure you bring a laptop or writing pad and pen to each seminar and be prepared to work in small groups or on your own. Full engagement in seminars is expected from all students alongside completion of any tasks set by the tutor.

In order to further equip you with topic specific knowledge and understanding, and help you develop your intellectual skills and abilities in this subject area of financial and contractual management, you are to individually produce a forensic project audit of a completed project. The location of sample international projects will be advised from the tutor from which to choose.

This assignment will draw on appropriate academic and practitioner literature, and will review the initial pre-investment analyses, the appropriateness of the contracting strategies applied, the form of contract applied and the effectiveness of these delivery decisions. It is a requirement of this assignment that your analysis considers the consequence of the project having an international footprint e.g. contractually and economically. It is expected that your critical evaluation will be properly structured and supported through ‘academic’ research using appropriate and quality references which are cited correctly throughout. It is to conclude with an effective summary recording the positives and negatives of financial and contractual decision making on the project and recommendations for future practice. A separate references list must also be provided at the end of the document.

Further Information

Learning outcomes from the Module Descriptor/Specification:

  1. Critically appraise differing economic perceptions of business organisations as clients/sponsors, professional advisors (independent practice), and contracting organizations relevant to demand, supply, costs and revenues and the operation of markets.
  2. Critically review a range of concepts, techniques and methods for performing project appraisal and feasibility investigations across the whole project lifecycle of projects from the concept phase through development to operation and termination
  3. Discuss the key elements of international contracts with a focus on mediating stakeholder relationships and dispute resolution.

Intellectual / Professional Skills & Abilities:

  • Recommend appropriate strategies for project selection and effective financial control in competition / collaboration; public/private sector interactions, and in the interpretation of economic data for resource forecasting.

Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA):

  • Developing and reinforcing the ethical characteristics of a Northumbria graduate as you consider the values that underpin ethical approaches to project feasibility and justification. You will have the opportunity to reflect on how these are linked to your own values.

Assessment criteria / marking scheme:

(refer to standard marking criteria that apply or replace with assessment specific criteria)

  • Introduction/Project Context : The clarity and conciseness with which relevant aspects of the project background is explained including its importance to the sponsoring organisation and other key stakeholders, its objectives and drivers along with its value. This should also include a broad outline of the international political, economic and social environments etc. in which the project was conceived.

10%

  • Pre-Project, Project Execution and Post Project Analysis:Pre-Project. (35%)Clear focus, precision and quality of the analysis and critical judgement of the range of economic, financial or social project appraisal and feasibility concepts, techniques and methods used within the pre-project phase with clear referencing of any supporting data.Clear reference to the role of contracts in dispute resolution during the pre-project phase.

§  Project Execution. (15%)

  • Clear focus, precision and quality of the analysis and critical judgement of the range of economic, financial or social project appraisal and feasibility concepts, techniques and methods used within the execution phase with clear referencing of any supporting data.
  • Clear reference to the role of contracts in dispute resolution during the execution phase.

§  Post Project Analysis (20%)

  • Clear focus, precision and quality of the analysis and critical judgement of the range of economic, financial or social project appraisal and feasibility concepts, techniques and methods used within the post-project phase with clear referencing of any supporting
    • Clear reference to the role of contracts in dispute resolution during the post-project phase.
    data.

70%

  • Overall Quality of Presentation: The work should set out its arguments in a clear and consise manner with specific care to ensure readability, good sentence structure, use of paragraphs, avoidance of jargon and explanation of acronyms, etc. Consideration should be give to the appropriate structure, with the formation of thematic paragraphs to create a logically flowing report. It will be beneficial to support the text with appropriate figures and tables. This also requires a suitable and proportionate Reference List and Glossary.

10%

  • Quality of Conclusion : The conclusion of the work be drawn from the preceding content, and effectively summarize the findings from each part of the decision making that has been evaluated. It should provide relevant recommendations for future practice for this type of project.

10%

Total: 100%

Referencing style:

  • For this task, full academic referencing from any sources used is to be provided in the references section at the end of the assignment using the Harvard referencing style, where correct and working hyperlinks to the original source should also be created to allow the tutor to check these sources.
    • In-text referencing should also be undertaken using the Harvard referencing style.
    • The referencing technique for the Harvard Referencing style must follow the appropriate guidance contained within either the “Cite them Right” publication (Pears and Shields, 2008), or from http://www.citethemrightonline.com/ . Both of these

resources provide consistent help and information about correct referencing technique and standards. In other words, everything should be traceable to the sources used.

  • Further assistance with academic reading, writing and referencing is available via Northumbria Universities Skills Plus web page.

Expected size of the submission:

(e.g. typical word length, number of pages, time limit for a presentation. If there is a maximum size limit, please specify along with the penalties for exceeding this limit)

  • The work should be formatted using ‘Arial’ font, of font size ‘11’, with 1.5 line spacing.
    • The work shall be an overall maximum of 4,000 words which excludes the references/bibliography section).
    • Figures (diagrams, illustrations, photographs etc.) and tables are welcome to support the text, but must be fully incorporated into the submission, integrated and following the text that fully explains why they are exhibited.
    • The work must form a structured and coherent whole. No contents page or superfluous front matter is required. Only a basic front sheet for the submission is to be provided, that identifies the student number (not name), the total number of words used (excluding references section), and the number of figures/tables used.
    • ‘Footnotes’/’Endnotes’ will be permitted, as they can offer sufficient value, providing, their use is minimal, sufficiently concise, and appropriate – they offer only ‘clarifying’ information, or add ‘adjacent’ value to the sentences already written. In other words, they are not to be used to ‘hide’ words that would otherwise normally be expected to be contained within the main body of the text, and their use will be considered in accordance with the University policy regarding word limits.

The table below sets out the Universities policy regarding word limits:

  Under the word limitNo Penalty: In not making use of the full word count, students may have self-penalised their work. If students have been able to achieve the requirements of the assessment using fewer words than allocated, they will not be penalised.
Up to 10% over the word limitNo Penalty: Situation flagged by tutor in feedback but over-run is tolerated and no deduction is made from the final mark.
    More than 10% over the word limitThe marker will stop reading when they judge that the word count exceeds the recommended word count by more than 10% i.e. for a 3000 word essay, the marker will read only the first 3300 words and will indicate on the text where they stop reading.   The content following this point will not be read and a mark will be awarded only for the content up to this point.

The full word limit policy is accessible here: https://www.northumbria.ac.uk/about- us/university-services/academic-registry/quality-and-teaching-excellence/assessment/guidance- for-students/

Academic integrity statement: You must adhere to the university regulations on academic conduct. Formal inquiry proceedings will be instigated if there is any suspicion of plagiarism or any other form of misconduct in your work. Refer to the University’s Assessment Regulations for Taught Awards if you are unclear as to the meaning of these terms. The latest copy is available on the University website.

Failure to submit: The University requires all students to submit assessed coursework by the deadline stated in the assessment brief. Where coursework is submitted without approval after the published hand-in deadline, penalties will be applied as defined in the University Policy on the Late Submission of Work.

Group Work: https://www.northumbria.ac.uk/static/5007/arpdf/aq/groupworkpolicy

Academic Misconduct Policy:

http://www.northumbria.ac.uk/static/worddocuments/ardocs/2124927/academicmisconductprocedure

Academic Registry Policy Home Page:

Anonymous marking: University policy requires that work be marked anonymously. In order to facilitate this, we request that only your student number is included on work submitted for summative assessment.

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