Financial Viability

Introduction

Other than in South Africa and some adjoining countries, quantity surveyors in Africa and elsewhere in the world are rarely involved in providing financial viability analyses to their clients even though quantity surveyors are uniquely suited to provide this service

In order to provide this service quantity surveyors should understand all aspects of financial viability including inter alia the theory of finance, the time value of money, some knowledge of statistics and should have a sound knowledge of all aspects of property development. Once trained in financial viability a quantity surveyor wishing to provide the service is advised to obtain a suitable software package

Paper on financial viability

Gerhard de Leeuw, a practising quantity, presented a paper on “The presentation of a financial viability report” at a joint AAQS/Surveyors Institute of Malawi seminar in 2012. The AAQS delegates present suggested that the example financial viability report used in his presentation be displayed on the AAQS website in order to inform quantity surveyors not yet familiar with such reports

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Financial viability program

Viable Computing, has commercially available a financial viability computer program entitled “Viable”. Go to “Industry Sponsors” under “Sponsors” on the home page menu for more information and a link to Viable Computing’s website