Assessment Brief – Project Program Bachelors of Business Subject Asset Management Subject code HOS201A Name of assessment Project (Individual/Pairs) Length 2000 (±10%) words Learning outcomes addressed by this assessment: a), b), c), d) & e) Submission Date: Sunday of Week 11 Lecturer Name Assessment brief Summary: Building on assessment 2, students are required to provide a detailed study on a hospitality facility of their choosing showcasing changes in design, development and refurbishment/renovation addressing financial, environmental, economic sustainability and new industry trends with special attention to the relevant stakeholders. Please see the marking guide for mark allocation. Total marks 100 Marks Weighting 50% © Laureate International Universities 2016 1 | HOS201A Project A report of 2000 words showcasing changes in design, development and refurbishment/renovation addressing financial, environmental, economic sustainability and new industry trends with special attention to the relevant stakeholders. Building on assessment 2, students are required to research a hospitality facility that requires refurbishment/renovation of their choice. This facility must not be one that has undergone, or is currently in the process of undergoing renovations / refurbishments. The facility that you select must be one that you consider is in need of renovations due to a range of reasons mentioned below: • Build quality and design needs • Renovation/refurbishment design and facilities • Economic viability • Environmental sustainability practices implemented within the project • The financial value and return of the development or refurbishment • Identify stakeholders affected • Justify your approach to provide the optimum result to all stakeholders The report must be submitted in compliance with the following: 1. Consider the refurbishment/renovation from different perspectives and present and analyse those considerations in relation to the concepts of ‘Asset Management’ we have been studying. 2. Must be presented in report format, of no more than 2000 words in length (±10%). 3. Reports must be uploaded through the Learning Portal. No email or hard copies will be accepted. 4. The report will be due on Sunday of Week 11 5. A minimum of 10 references (minimum 6 academic & minimum 4 other sources), using in-text referencing and a reference list must be utilised for this task. References to ‘wikipedia’ or to similar unsubstantiated sources will not be accepted. Follow the Harvard referencing system. 6. Any detection of plagiarism will lead to an immediate fail grade in the task, and possible exclusion from the subject. © Laureate International Universities 2016 2 | HOS201A 7. In the event of serious illness or unusual circumstances, a student may apply for Special Consideration in accordance with the rules and regulations governing this application, but it is important that such requests be made as soon as the circumstance is known. 8. Special consideration cannot be granted after the submission date. Think: Colleges late submission policy and penalties apply. © Laureate International Universities 2016 3 | HOS201A HOS201A Project Marking Schedule Student Name(s): Date: Criteria Marks Very Good (75100%) Good (6574%) Average (50-65%) Poor (>50%) Introduction: • Nature of the renovation/refurbishment 10 Justification: • Justification of the need for the refurbishment • Building quality and design needs • Feasibility of the design • Current economic climate • Benchmarking against competitors • Should the business be managed, leased or franchised? • Stakeholders affected under current state of the venue 35 Practical Application & discussion: • Sustainability facilities implemented • Financial Implications (FCI, ROI, ROA, NPV, pay-back period) • Risks involved (measures taken prior, during and after renovation to avoid risks across the project) • Necessity or outcome from an Owner’s, managers, staff & users perspective • Academic & theoretical justification (research) 40 Report format and presentation: • Clear and appropriate report elements (executive summary, TOC, intro, body, conclusion, professional presentation) • Evidence of adequate depth and breadth of relevant research • Referencing (Harvard style) • Spelling, grammar, flow 15 Total Mark (out of 100%) © Laureate International Universities 2016 4 | HOS201A