Task 1 – Accounting Concepts and Analysis. 30 Marks
Evaluate the need for accounting rules, provide at least three examples of different accounting rules and explain their importance to the construction industry. (500 words).
(Potential of 30 Total Marks for Task 1)
Task 2 – Value Management and Engineering – 35 Marks
Analyse the processes used to value engineer projects and critically appraise their use in the construction industry in particular when linked to Life Cycle Costing or Whole Life costing processes. Use a construction project or infrastructure project to explain your analysis further and make sure that you reference your work correctly and using the appropriate Harvard system. (750 words)
(Potential of 35 Total Marks for Task 2)
Task 3 – Changing Financial environment – 35 Marks
Evaluate the Construction industry’s technological developments and innovation linked to the processes used to monitor, control and manage finances and cost on projects. Use examples and references to support your arguments and make sure you present an unbiased viewpoint. (750 Words)
(potential of 35 Total Marks for Task 3)
