Appraisal Of Housing Project

PROJECT APPRAISAL

Once projects have been formulated, it is the job of the planner to appraise the project. That is, decide if the project should be:

Recommended for funding; or

That further work is required of a minor nature that can be completed quickly and then be considered for funding; or

That project requires further work and should be considered for funding in a future year; or,

Due to the complex nature of the project, feasibility needs to be undertake; or That the project should be rejected.

Feasibility Studies

Most donor funded projects involve a feasibility study, usually undertaken by external technical assistance, to provide sufficient information to make a funding decision. Any Project that is appraised as needing a feasibility study should then be modified and included in the approved list of projects cearly tiled as a feasibility study.

APPRAISAL OF HOUSING PROJECT

It means the checking of the housing project with respect to the specification and quality of construction, materials, labour, time (project duration) as per the pre-plan schedule prepared already. The following important points are considered in housing projects.

The materials used in construction are to be checked for its quality by testing them in laboratories.

The different types of labour involved in construction like skilled, unskilled labor etc., are to be engaged in construction based on the specification, norms and standards as prescribed earlier.

The  housing  project  is  to  be  completed  with  is  the  specified  or stipulated time.

Unnecessary delay in supplying the materials, carrying out any labour work should be avoided.

Quality control is execised by a technical team containing diploma engineer, graduate engineers, architects and specialized fields like structural engineers, environmental engineers, etc.,

The finance invested should be properly utilized for housing project.

This should be checked by a accounting department.

In general the success of any housing project is mainly with appraisal of the housing project.

After the housing project is sanctioned or approved, the loans are granted to execute the project the method of checking housing project as per the plan and specifications regarding the quality of materials, type of labour, completion of project in time is called appraisal of housing project.

In appraisal the following points are important.

1.              Construction or building material

In the housing project any material life like, brick, stone cement, sand, july

20mm and 40mm; wood and steel etc are used for each work. The specifications are given these specification are be checked by the qualified personnel or engineers.

For example:

Brick means first class brick and its proper size and shape are to be followed as per the specification similarly for aggregates the grading or aggregates size and shape of aggregates are to followed as per specification.

2.              Appraisal of labours.

For each and every stage of construction work, the suitable laborers are to be engaged in the work.

For example:

Stone masonry work

First class mason, second class mason, mazdor, I, mador II etc required are to be correctly identified and engaged in the work. Similarly the skilled labour for skilled works and unskilled labour for unskilled work are be correctly used in the work.

The work outturn or the labour work completed by a labour in a day or quantity of work is to be verify and whether the wages paid are connect according to the out turn or the work. For each type of work, the quality of work of labour is to be checked. This is called of labour in housing project.

Quality

The quality of the construction work is table checked at each and every stage for this the lab test are in situ test (test in site) may be carried all to ensure the quality. After construction also the quality should be ensured. For the amount is retained by the department or house owner. And there is no fault or damage in construction and the quality is correct and then after some time that retained money is given back to the constructor.

Fiance

The fund required to carryout the project at different stages of the work are to be accessed earlier then the money is spent as per the different types of works.

Time

The time taken to complete the project correctly maintained and followed. If the work delayed, the interest and penalty for the loan one paid unnecessary. For this the network diagrams, charts are prepared for any housing project and every activity of work is to be checked and compared with the bar chart for completing in time.