REM 500 Chapter Notes - Chapter 9: Pro Forma, Delphi Method, Horizontal Integration
Document Summary
Rem500 - chapter 9 - stage one of the development. Of all the steps in the process, this is the least mechanical and the most creative. A land owner can approach the developer. The developer might see a need in the land or the area. The existing site could need to be redone or rebuilt or used for a different purpose. Could be contacted by the developers connections. Stage one ends when the developer test the new idea with a back of the envelope pro forma: a simple comparison of value and costs. A developer should consider how a particular project ts into the strategy for his company. Brainstorming is a group (or individual) exercise devoted to producing the largest possible number of creative ideas during a given period of time. Nominal group is a technique for establishing priority among ideas identi ed by a group. a group ranks and votes on generated ideas.