ABC Development Assignment Example | Topics and Well Written Essays - 2000 words

ABC Development - Assignment ExampleThe lodgement project was scheduled to begin on January 1, 2013 and to be completed in the first few eld of the month of December 2013. However, the construction process was delayed by 1 week. The planning process withal realized delays of about 3 weeks. In total, delays in the schedule were 4 weeks (approximately 1 month). The planning allowance was to commence on March 1, 2013 while construction was to begin a month later (April 1). It way of life that the first complete caparison units were to be rescheduled to the end of October. The gross revenue process should have started on November 1, 2013. The sales would keep at the same rate indicated earlier in the feasibility study since the shifts in fellowship sales have non impact the current revised rate. It remains at 2 housing units sold per month. However, completing the sales would be realized three in February 2014.There are changes on the post rate charged by the financial institu tion responsible for the funding of the housing project. With the outgrowth in the rates of intimacy, loan facility would have to be viable until the end of February 2014. The simple interest would have to be scaled to 1.3% or simply 1% because of the 0.8% rise in the simple interest rates. The interest on the loan facility remains at the original schedule of a quarterly model in arrears. The developers cash will be used to pay it out. Roll-ups will not be allowed on the payments.The commitment fee of 5000 will not be affected by grading up the interest or the changes in planning and construction schedules. It will still be stipendiary once the loan has been processed. The disposal fee of 500 per housing sold will also remain unchanged. The funding of construction costs in a revolving basis will not be affected by the changes. It will remain at 525,000. The remaining land cost (80,000) and