Preparation for Value Management Study designed for TechWatt Essay

Preparation for Value focusing Study designed for TechWatt Corporation - Essay ExampleIn preparation for the Value Management Study, TMK work has determined the pick up for this preliminary report that provide shell out the specific issues that should be evaluated during the counterbalance meeting of the project briefing stage. This report go out include enlarge of what should be contributed to the Value Management Study, and who will be involved in the process. In addition, TechWatt will need to provide certain information for the Study, which will be addressed. Finally, a proposed agenda will be submitted for approval. go managers of TechWatt must be involved in every aspect of this process and, since the company is not large, they will be directly monitoring each feature of the process without exception. At the early stages of decision making, in that respect is no need for any delegation of responsibility. As the process proceeds to the construction phase,At the outset, TMK Services has been informed that the funds allocated by TechWatt for the proposed HQ total approximately five million pounds. With that in mind, the first logical step in this process must be to determine a suitable side for building and determine what the cost of the arena will be. While some locations may seem more than desirable from a strictly logistical or geographical standpoint, consideration must be given(p) to the relative cost of land in any given area being considered.We would suggest that TechWatt centering not limit themselves to only one possible location at this stage. Going into the Value Management Study meeting, it would be beneficial to have at least two, if not three possible locations on the table. Considering what has been occurring with the price of land in recent years, it becomes imperative to make the proper decision on location. For congresswoman From 1983 to 2002 the cost of one hectare of land in London went from 0.76m to 5.5m. However, in the S outh West, the price went from 0.18m to 1.7m. Finally, the lowest prices for land are found in Yorkshire with prices raising from 0.1m to only 0.87m per hectare. (UK Land Prices Rocket, 2003) Prices for land vary throughout extra areas of the country, and specific numbers can be provided upon request, however the purpose of providing these statistics is simply to provide the basis for TechWatt commission to understand the importance of this segment of the decision making process. Obviously, the cost of the land on which the HQ will be constructed will play a major roll in determining the amount of funds remaining for the building process. 3Although a full hectare of land may not be demand for this project - that is a determination that will be made at a later involvement - understanding the cost of land in various locations must be a vital part of the process for TechWatt management. Other factors will need to be considered regarding location, as well. These include accessibi lity of location (is it nigh to majors thoroughfares and easily accessible from airport) quality of surrounding area