The stadium will be structured in an area of 258,000 square meters. The stadium has a roofless which is reminiscent of a bird's nest, which has been constructed by putting together steel elements which number in the thousands. Within the stadium itself, a grandstand, which is bowl shaped and 7 floors, is made up of concrete, and a huge framework of in-situ concrete numerous stands of pre-cast concrete exist, which can take up to 70,000 people at one time.
Feasibility of the Stadium
A feasibility study was conducted to explore the potential size and configuration of the proposed multi purpose stadium in Perth in the vicinity of Australia. The feasibility study is mainly carried out to determine if the proposed project is feasible and can be structured in a way that it promotes healthy environment and receive the ratings as needed.
A zero energy building (ZEB) or net zero energy building is a general term applied to use a building with zero net energy consumption and zero emissions of carbon a year. Zero energy buildings can be used independently of the network source of energy. Zero fossil energy consumption principle is gaining interest as renewable energy crop is a means to reduce emissions of greenhouse gases.s
The budgeted cost of our project is $ 700 million, which is a pea in the mouth of a camel. The projected time which will be require in the making of such project is around 5 years which means that it will be completed by the end of 2018. We will focus on every little matter, which will help us in making our project stronger. Following below is the estimated cost, which will incur in the making of the stadium.
Payback Period
The payback period of the stadium would be approximately 5 years but it can also reduce based upon the sitting and international games that would be conducted The payback is a static view of valuation of investments you select a project based on how long it will take to recoup the initial investment through cash flows. It is very useful when you want to invest in high uncertainty and thus have an idea of ??time it will take to recover the money invested. It is an excellent indicator that gives easier way to find out how long it takes us to recover the initial cost. This is particularly important for businesses located in countries with fragile financial system, or business associated with advanced technology, where rapid obsolescence of the goods is the norm, which makes a quick recovery in investment spending in an important problem.
Discounted Cash Flow Method
DCF Technique is used to evaluate a project or an entire company. DCF methods determine the present value of cash flow discounting future at a rate reflecting the cost of capital contributed. This is necessary because the cash flows in different periods can not be compared directly because it is not the same having a lot of money now, that in the future. It entails the is the present value of ...