房地产可行性研究外文文献及翻译.docx
- 文档编号:11008149
- 上传时间:2023-02-24
- 格式:DOCX
- 页数:15
- 大小:29.06KB
房地产可行性研究外文文献及翻译.docx
《房地产可行性研究外文文献及翻译.docx》由会员分享,可在线阅读,更多相关《房地产可行性研究外文文献及翻译.docx(15页珍藏版)》请在冰豆网上搜索。
房地产可行性研究外文文献及翻译
TheAnalysisoftheIssueRelatedtotheFeasibilityof
StudytheRealEstateProjectontheBasisofthe
ImplicitCost
Abstract:
Itisknownthatthefeasibilitystudyofrealestateprojectplaysanimportantroleinrealestatedevelopment.Nevertheless,therestillremainsmanyproblemsinthefeasibilitystudy.Inthispaper,theconceptofimplicitcostwillbeintroduced,whichwillbeusedtoanalysetheseproblems.Meanwhile,someusefulstrategieswillberaisedfortheseproblems,whichintendstofurtherimprovethefeasibilitystudyoftherealestateprojects.
Keywords:
realestateproject;feasibilitystudy;implicitcost;problems
1.Introduction
Thefeasibilitystudyisthedecisionsciencehasbeenusedinprojectarea,andthebasictargetisonthebasisofthecomprehensiveinvestigatingandresearchingtoidentifyaconstructionobjectwhetherhavethecharacteristicsofprogressive,realityandreliableinthewholeprosessfrompreviouslyprojectconstructiontolineoperation.Wealsoneedtoknowthosewhethercanpayofffromthefinanceandthecredibilityintheeconomytogiveabighelpfortheinvestatingdecisions.Itisrealrolethataframeworktoinvestingproject,andisthekeyfactorsthatcandecidetheprojectcanbeinvestedornottogivesomesupportsontheprojectdecisions.Therealestateischaracteristicofaccountingforhugefinancing,alongperiodrelativetotheinvestingandeasilyinfluencedbytheinstablefactors.Therefore,thethefeasibilitystudyisveryimportantfortherealestate.However,currentlywearemoreandmorefocusingontheexplicitcostinthefeasibilitystudyandignoringtheintangiblecost.Theintangiblecostis,asopposedtoexplicitcostandhidedamongthetotalcostofenterprise,causedbythedecisionmakercharacterizedbylowerdiathesis,wrongconcept,andthedeficiencyofinformations,coupledwiththenon-marketfactorstoleadtothetotalcostincreaseingdirectlyorindirectly.Theamountofeconomicbenefitsoftheprojectlargelydependongettingfullknowledgeoftheintangiblecostintherealestate.
2.TheExistenceoftheQuestionsLiedintheFeasibilityStudyontheBasisoftheIntangibleCost
Recently,therealestatehavegotabigimprovementinthefeasibilitystudy.Asthemaincontentsandmethods,ithavebeennormedandstabilizedgraduallytouseintheprojectdecisions.Butthatisfactthatthefeasibilitystudycannotplaytheroleabovementionedintherealcase.Theworstcaseisthatthereisnothefeasibilitystudybeforestartingthework.Andanothereventsisthatthefeasibilitystudyhadbeendone,buttheresultwasnotfittotherequestions.Themainproblemsarefollowing:
2.1.TheInvestorwithLowDiathesisDidNotPayMoreAttentionsonit
Untilnow,anumberoftheinvestorsdidnotgetaclearclueandrealizetheimportantancerelatedtothefeasibilitystudy.Theyhadmadeadecisionwhetherbuildingtherealestatereliedontheirownwish,andreckonedthefeasibilitystudywasjusta“payablepaper”tosubmittolendinginstitution,investorandgovernment.Thereisnomeaninginthefeasibilitystudybecauseofcarryingonisnotthorough,focusingontheformat.Therefore,the“feasibilitystudy”istheaimthathowtogetapermissionfromtherelateddepartmentandaloanfromthebank,sothedatacannotbeusedtoreflecttherealconditions.Theeconomicbenefitsofthewholerealestateprojecthavedecreased,evenfailedthatwasmainlyascribedtotheinvetor’sattitude,ignoringtheimportanceoffeasibilitystudy.Thosearecalledtheintangiblecost.Theotherfactorsislinkedcloselywithcalibrethataexcellentdecisionmakershouldbecharacterizedbydetermination,confidence,far-sighted.ect.Whenafavoriteinvestingprojectlieinfrontofainvestor,hemustbeconfidenceanddeterminationtomakeadecisionassoonaspossible,ortheproblemsrelativetotheeconomicbenefits′lostwouldbehappenedtocreatetheintangiblecost.Moreover,theinvestorshouldhavethecharactersoffar-sightedtoconsidertheinvestingprocess,andnotcarethe“gainandloss”inasmalleventstomakeawrongdecision.Itisobviouslythatthehigh-calibreisanveryimportantfactortotheinvestortoavoidtheintangiblecost.
2.2.TheFeasibilityStudyRelatedtotheConstructionProjectisMainlyCompletedbytheConsultantAgencyandDesignDtheDeviserHasLow-Calibre
Departmentofconstructionentrustedbyinvestor.Itispossiblethattheaccuracylargelydependonthoseinstitutions′levelcontrolledbythedeviser’scalibre.Unfortunately,ahugenumberofdevisersarelackingoftheattitudeonseektruthfromfacts.Theyhavepartiallyusedthedatatooptimisticallyevaluatethemarketpricemovement.Theyalsodidnotexploitthemarketsurveyindetailstopredictthemarketprospect;atthesametime,theydidnotcareaboutsomefaults,however,morelightsshedinexaggerateingtheadvantagesoftechnologyandproductthatreducingthesuccessrateofinvesting.Onthebasisofthedevisershavinglow-calibre,thefeasibilitystudycannotbecompletedbycourseofcorrectwayandcanonicalprocessthatthedecisionmakergotawrongjudgementtoresultinlostingtheeconomicbenefits,eventhewholeproject’sdepleting.
2.3.TheAnalysisandForecastingoftheMarketisnotEnough
Theearningpowerofinvestingprojectisnotonlydependingontheallkindsofavailableresources,butalsorelyingonthecurrentandpotentialrequestsneededbysociety.Currently,therearenomoreattenionsconcentratedonthemarketsurveyandforecastinginthefeasibilitystudy.Alargenumbersofdatacamefromtherelatedresearchers’experienceandsocialrelations.Eventhoughtheydidasurveyandforecastedthemarkettrend,theresultsaremorequalitativeanalysisthanquantitative.Thedatameasuredbyaboveprocesscannotreallyreflectthemarketconditionandprospect.Itisseemlylikehavinggoodbenefits,becauseofthefaultexistedintheanalysisandforecastingofmarkettoleadtotheinvestingprojecthastofacethecondition“havingapricebutnosales”.Thosecanbeavoidedaccordingtothereseacher’sendeavor.
2.4.ThereisNoComparativeamongEveryProject
Alargernumbersofreseacherspaymoreattentionsonthesingleprojectthanthecomprehensiveinthefeasibilitystudy.Insomecases,theyalsoanalysesomeprojectsatthesametimebutaparticularonewillbeanalysedmoredeeperthananotheranalysedsuperficially.Thedecisionmakerhavetoaccepttheprojectchoosedbyreseachersontheirwishes,andthenthecomprehensiveresearchingchangedintosinglewilllosethemeaninginthefeasibilitystudy.Becauselackofthecomparativeproject,leadingtotheeconomicbenefitsrelatedtothefinancewillbefixedtolosethechanceofgettingmorebenefitsfromthemarkettocreatemoreintangiblecost.
2.5.IgnoringtheValueoftheEnvironmentalAssessment
Therearemanyfaultsliesinthecurrentlyenvironmentalassessmentshowedbythereportoffeasibilitystudy.Insomecases,thereisfewcontentsandtheanalysingsuperficiallyabouttheenvironmentalassessment,becauseofthereisnosurveyingthesurroundingsnearbytheprojectortheassessmentisnotcorrect.Itisobviouslythatthosearecontradictionwiththestrategyofsustainabledevelopmentdevelopedbyourcountry.Moreover,thereisnoconsiderationbetweentheprojectandsustainingabilityofenvironmentcarriedoutbytheinvestor.Asaresult,thedevelopingintensitywillexceedtheloadingcapacityofenvironmentnearbytheprojecttoproduceseriouslyenvironmentcontamination.Thiswillincreasetheprojectlaterenvironmentalprotectioncosts,suchascontrolingenvironmentalpollutionandstrengthenthegreen,ect.
Thereisaseriousenvironmentalevaluationworktobeneededonenvironmentalprotection,andusingrealdatareflecttherevenueandexpendituretoprovidetrueevidencesforthefinaldecision.However,manyofthefeasibilitystudyoverlookedthisrespectthattheprojecthadbeenputmoremoneyinlatetoproduceincreaselytheintangiblecost.
2.6.Don'tPayAttentiontotheAnalysisoftheSensitivityandRiskFactors
Theestateprojectitselfhasahighriskandinvesting,becauseoftherearesomeuncertainfactorsinprojectimplementationprocess.Withtheseuncertainties,theinvestmentprojectthereisarisk,thustheuncertaintyofthewholeprojectisofvitalimportance.Ifthefeasibilitystudyoftheseriskfactorswereaccuratelyanalysedthatwillcauseadditionalcostsoftheproject.Inpracticalworkofthefeasibilitystudy,theanalysisofriskisnotenoughoronlystayinqualitativeanalysis,giveaquantitativeanalysis.Thoughsomeofthemtoquantify,buteitherquantitativemethodunsuitableorquantitativeresultsdonottakeseriously,nothaveagoodunderstandingtoprojectriskfactors,thusmakesomeprojectinconcreteimplementationappearofriskorriskfactorschange,ledtoincreasecostsandeconomicbenefitgreatlydecreased,causingtherecessivecostofproduction.
3.CountermeasuresofFeasibilityStudy
3.1.StrengtheningIdeologicalEducationandQualityEducationoftheDecisionMaker
Inordertomakefeasibilitystudygosmoothly,decisionmakersshouldbeeducatedtofullyrealizetheimportanceandfunctionofthefeasibilitystudy.Theideologycalrecognitionanddefinitefeasibilitystudyeffect,sothatitcanfromthefundamentalguaranteeoffeasibilitystudyworksmoothly.Inaddition,theremustbenecessaryeducationtoinvestorstoimprovethequalityandprofessionalskillsoftheirown,sothatwhenmakingdecisionstheycandecisivelyandcorrectlymakedecisiontoreduceimplicitcostsand
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 房地产 可行性研究 外文 文献 翻译
![提示](https://static.bdocx.com/images/bang_tan.gif)