SCHOOL OF ARCITECTURE, BUILDING AND DESIGN

BACHELOR OF QUANTITY SURVEYING (HONOURS)

PROJECT MANAGEMENT (QSB 4424)

GROUP WRITTEN ASSIGNMENT

Group Members:
Danielle Yoong Li Ping

0317206

Ng Wei Lin

0316302

Chung Hui Ping

0310592

Chang Chow Tong

0314411

Lim Yun Xuan

0316919

Wong Kim Wan

0310908

PROJECT PROPOSAL

CONSTRUCTION OF INTERNATIONAL SECONDARY

SCHOOL IN SELANGOR

Perth Waldorf International School (Malaysia) (PWISM)

TABLE OF CONTENT
1.

Project Background

2.

Project Justification
2.1 Economic Justification
2.2 Social Justification
2.2.1 Introduction
2.2.2 Quality Education for Young Waldorf
2.2.3 Curriculum of Waldorf Education
2.2.4 Interconnectedness
2.2.5 Concluding Remark
2.3 Political justification

3.

Project Objective
3.1 Introduction
3.2 Objectives
3.3 Achieving the Objectives

4.

Project Benefits

5.

Project Work Breakdown Structure

6.

Project Cost Estimation

7.

Project Summary

8.

References

1. Project Background

Albert Einstein cited that The value of education is not the learning of many facts but
training of mind to think. Due to the strategic location area of this piece of land, Alston group
would like to construct a Waldorf School, a more innovative, creative, transformative education
system in Malaysia. Waldorf Education emphasizes on pedagogy such as the role of imagination
in learning, striving to integrate holistically the intellectual, practical, and artistic development of
pupils.
Waldorf Education was introduced by the end of 1990s in Malaysia. In 1997, Junko
Suzumoto and Ong Kung Wai established the first Waldorf initiative, Nania in Penang. In 2008,
Kelip-kelip, was established in Klang Valley, in the vicinity of Kuala Lumpur due to the interest
in outdoor oriented pre-school education. This caused several initiatives to emerged, some new,
some incorporating Waldorf methods to their existing system. However, Waldorf Development in
Malaysia at that period of time mainly focused on kindergarten and elementary level.
In order to further develop the Waldorf education in Malaysia, Alston group proposed to
construct Perth Waldorf International School (Malaysia) (PWISM). PWISM shall be a joint
venture with Waldorf Education in Australia. PWISM is sponsorship under Steiner Education.
Steiner Education is introduced by a German industrialist, Emil Molt and his friend Rudolf Steiner,
a philosopher who wanted to formulate a new kind of education in the social and economic chaos
that followed World War I. The prevailing social mode that viewed education as the provenance
of the state must be replaced by the perception of education as a "cultural deed."
Steiner Education Australia is an association representing over 40 Steiner/Waldorf schools
and 10 Associate members throughout the states and territories of Australia. Each organization is

independent, but through working together they aim to provide a national voice to promote and
support Steiner education in Australia. Steiner education provides enjoyable and relevant learning
through significant engagement and creative endeavor, to develop ethical, capable individuals who
can contribute to society.
PWISM is focused in providing quality education to secondary school students. Alston
group proposed to build 6-storey academic block. Facilities include library, experimental lab,
classroom and pedestrian walk to Taylors University. The buildup up of the academic block is
5,200 m2. Some facilities of this school will enter into a rent contract with Taylors University.
The school is aimed to recruit 1,500 students per term which aged among 13 to 17 years old. Fees
allocation of each student is around RM30, 000 per term with 2 academic terms per year.
Introduction of PWISM locally will be adhering to the international curriculum of Waldorf.
This curriculum often incorporates appreciation for other cultures into the learning process. Many
international schools uses a curriculum that is accepted around the world. In addition, most
international schools celebrate different festivals for all the various cultures in the school and often,
this kind of appreciation for different festivals fosters an emotional maturity in children. Children
will likely to gain a lifelong friendships with other children from countries around the world. Lastly,
some studies suggest that international students will attend college and university more frequently
than children in public schools. In fact, students who have studied internationally are often at an
advantage when it comes to finding a job.

2. Project Justification
2.1 Economic Justification
Nelson Mandela quote, Education is the most powerful weapon which you can use to
change the world. In order to transform Malaysia into a developed country by the year 2020,
Malaysias government will have to make initiatives by investing in the education field.
PEMANDU has introduced an economic transformation programme that will boost Malaysias
economy. One of the policies is to scale up international school (EPP 3). The government aims to
forge Malaysia as an Educational City by offering vast educational systems as well as syllabus.
The objective is to make Malaysia as a destination of choice for parents seeking foreign education
for their children.
Offering Waldorf Education for secondary schools students is an additional competitive
advantages to encourage immigration. An integrated living environment with world class facilities
is capable to engage more immigrants to Malaysia. In addition, under Malaysia My Second Home
Policy, the difficulty to immigrate into Malaysia is relatively low. Other than that, due to low living
cost, free of natural disaster, world class private hospital and etc, Malaysia is an alternative choice
for retirement.
Firstly, immigrants are able to contribute to gross domestic product (GDP) of the country.
According to American Immigration Council (2015), foreign student enrolled in US University
contribute $26.8 billion to the economy in term of tuition fees and living expenses. In United States,
international students and families are creating and supporting 340,000 jobs. Three jobs are
secured with every seven international students enrolled in US. Their spending occurs in higher
education, accommodation, dining, retails, transportation, telecommunication and health
insurances. The market share for the enrollment of international students makes a significant
contribution of the Malaysias economy indirectly.
Secondly, immigrants that are capable to enroll into international school have a strong
financial capability. Theses group of immigrants create jobs and promote innovation and are
usually entrepreneurs and investors in Malaysia. Hence, the demand for labors market increases
and helps the country to create more employment opportunities. In addition, it enhances the
productivity level of Malaysia to promote economy growth.

Thirdly, immigrants are the tax payers and public benefits users. They contribute to the
national income of Malaysia. Moreover, the increase of immigrants in Malaysia improves the
quality of public services. Thus in order to attract more investors to Malaysia, the Government is
taking initiatives in delivering more public transportation services. The Kuala Lumpur Singapore
High Speed Rail Project is an example in boosting the Malaysia economy. This rail system
benefits the locals as well as the foreigners.

(Iie.org, 2016)
Australia education is trustful as well as well-known in the global market. Many parents
are willing to send their children to Australia for a better education system. According to Project
Atlas of Australia, the total numbers of international students studying in Australia is
approximately 292,352. Majority of the students are from China, India and Malaysia. Hence,
offering Australia Education System in Malaysia has the availability to produce a large market
share. PWISM enables to retain Malaysia students who are seeking for Australia education as an
alternative choice for their education route. In addition, constructing a new concept of education
in Malaysia enables Malaysia to grab the opportunity of an international market share from South
Korea, China and India as Malaysia is a second best preferable alternative due to the cheap living
cost of studying in Malaysia.
Thus constructing PWISM, a joint venture private school in Klang Valley is quality
enhancement towards education system in the country. A better education system that is offered
in Malaysia will encourage the immigration of foreign residents. Fees paid by international
students allow Malaysia to earn foreign exchange income from their expenditure. After the
completion of their study from PWISM, students might choose to continue with enrollment to
Taylors University. Taylors University revenue will increase by recruiting more international
students as their tuition fees and resource fees are relatively higher as compared to local students.

Hence, the university can generate more revenue by offering the same syllabus with the local
students.
2.2 Social Justification
2.2.1 Introduction
Constructing a school, or more accurately a private school always brings social benefits to
the community. School is a place where young adults obtain their knowledge and has a significant
impact on the wellbeing of the young adolescent at their later age. Although knowledge often come
from parents first, however, due to the time spent in school and mingling with people from different
background and culture, they would definitely be learning more from their teachers and classmates.
Thus the quality of teaching is vital in determining how the child would turn out to be.
2.2.2 Quality Education for Young Waldorf
According to research, it has been proven that children or young adults who have the
opportunity and access to a quality education during their primary and secondary (year 1 to year
12) have a likely hood to obtain a better employment, have stable families and tend to be more
productive and active citizens towards the community (Mitra, n.d.). Based on past researchers,
approximately 94% of North American Waldorf graduate continues their tertiary studies and
around 50% are able to obtain a Masters to PhD.
However Waldorf education does not only provide quality education but also on the hands
on knowledge such as soft skills. These days, employers prefer to employ individuals who has
excellent communication and team work skills as they are expected to work in a team to critically
solve problems or brainstorm together. Thus this requires communication among each other to be
able to convey their ideas or opinions to the other members or colleagues. David Elkind, a
professor and child psychologist and also an author mentioned that Waldorf education is a social,
holistic and collaborative place for young adolescents.
The teachers in Waldorf education are trained in a manner that they will guide the young
Waldorf according to their own gifts and skills. Waldorf teachers realised that education is not a
competition to the children and thus no pressure is required. The philosophy The right thing at
the right time is used in Waldorf. The teachers will take suitable period to discern how the child
catches up with the learning process and attain it themselves. Thus when the young Waldorf excel

in their studies it is because they learnt them experientially and integrated with other aspects such
as physical education, arts and craft, music and many more (Fehlaber, 2015).
2.2.3 Curriculum of Waldorf Education
Waldorf education system provides a platform for two or a group of individuals to interact
thus promoting social interaction. Waldorf especially offers mandatory subjects as required by the
provincial curriculum. Subjects such as art programmes, athletics, math, science and etc. Various
clubs and innovative societies are introduced in the school and students are often required to
participate in the events either as participants or as organizers. Both types of participations will
bring different benefits to them (The Guardian, 2006).
2.2.4 Interconnectedness
Individuals studying in Waldorf School would have the opportunity to get to know each
other and thus maintain a mutual relation as the school will encourage them to engage in
networking. Since Waldorf education is spread across the world, thus it is known internationally
and getting to know students or teachers from around the world through partnerships or through
initiatives would be beneficial to the young Waldorf. Organizing conference or student exchange
on a regional, national and international level is also part of the characteristic of Waldorf education.
It is not Waldorf characteristic of being isolated and working alone. Other than that, Waldorf
education also aims to incorporate social context into the education system to be involved in public
activities and avoiding a niche existence.
Based on the Fraser Institute survey, a total of 62 per cent of parents who send their children
to private schools have a belief that the schooling environment is motivating, supportive and
nurturing. It is a norm that friends made during the schooling days will last will post graduation.
Thus Waldorf post graduates often will develop a sense of pride as an alumni in their school thus
creating a diverse networking opportunities when they enter in to workforce (Our Kids, 2016).
Schools and universities are always the best platform to network as although currently all of them
are classmates, however, later on they may be competitors or colleagues or even becoming each
other bosses. It is never wrong to make new friends at any stage of a persons age (Merle, 2014).

2.2.5 Concluding Remark

Bringing in PWISM in Selangor would bring endless benefits to the society as mentioned
above. Parents that can afford are commonly keen to send their children to private schools to enjoy
the benefit of transforming their children to be more active, productive, innovative and creative.
Private schools are normally built in urban areas where parents that have a high income to cough
out for the academic fees.
2.3 Political justification
Taylors University has been at the top among the private university in Malaysia. The past
47 years of education experience has made Taylors University to build its recognition globally.
As Waldorf Education being new in Malaysia market, PWISM is able to apply for legislative,
franchising, licensing and financing smoothly and with less obstacles as Taylors education group
has vast experience in managing their education business. Moreover, stakeholders from Australia
will have a deeper understanding towards Malaysia political environment.
PWISM is to be constructed a rental contract with Taylors University. The amount of
rental is RM 10,000 per month. Facilities such as grand hall, basketball court, tennis court,
badminton court, and futsal court and gym center shall be rented from Taylors University. With
a simple application process, the students will be able to enjoy the facilities wholly from Taylors
University. Moreover, PWISM will ensure the students follow rules and regulation when using
Taylors University.
By integrating the use of these facilities, inter and intra international school matches can
be held at these courts to foster bonding among students of different schools. This matches will
not only enable students to get to know students from another school, but also strengthen the
bonding ties among different education group in Malaysia such as Nexus, Sri Garden, Mont Kiara
and many more other international schools. Competition such as tennis match, basketball match
and badminton match can improve the courageous of students in accepting challenges. Moreover,
Perth Waldorf School Education is more readily to expose to the external changing factor and
adopting university life.
To ensure students from Perth Waldorf Education continue their tertiary study with
Taylors University, the university agrees to give a waiver of RM 25,000 to students who graduates

from PWISM. Moreover, Taylors University is willing to provide full scholarship to the
outstanding and brilliant students graduated from PWISM. The offer seeks to ensure secondary
graduated students set Taylors University their priority in continuing tertiary education.
Relationship among school and university are maintained which probable to maximize the benefits
of Taylors University. This is because Alston Group will be transferring the ownership of this
school after 20 years of business.
Quality of the school has been assurance. Principle, syllabus, teachers and the design
facilities are almost equivalent to Perth Waldorf School in Australia. After consideration of
students health, the foods provided are balanced meal followed by the Australian. The meals
include main course, vegetables, fruits and snacks. The introduction of Australian food system in
PWISM is to ensure the local as well as international students in adopting the food culture of
Australia.
As conclusion, PWISM has the potential to become under Taylors Education Group.
Taylors Education Groups reputation has always been on the top of the list of Malaysias private
education; thus with Waldorf School, it could help boost Taylors University reputation and
opportunity in obtaining a larger market share in 20 years.

3. Project Objective
3.1 Introduction
The objective of any project can be defined as the targeted status at the end of the project
that the company or client would like to achieve. They are formulated based on five aspects called
SMART (Specific, Measurable, Achievable, Realistic, and Time terminated) (Rengasamy, 2008).
3.2 Objectives
Thus based on this project, the objective shall be as follow:

Providing quality education that will prepare them for post year 12 education

Incorporate art into the education and personal development of children

To complete the development in nothing more than 3 years to maximize profit

To have a net profit of RM 1 billion after 20 years

3.3 Achieving the Objectives

PWISM, under Alston Group aims to provide a high quality education based on the insights
of Rudolf Steiner. The curriculum and method of teaching are the tools used to develop these
qualities in the children by using contents or teaching materials which suits to the different stages
of development. Each subject serves to strengthen and balance these innate human qualities.
Lessons and assignments integrate academic work with fine arts and practical arts. The
main purpose is to encourage and inspire students critical thinking, emotional intelligence and
artistic expression, preparing them to bring relevant contributions to the world. Other than that,
the holistic development of the human being will also be one of the focus of Waldorf education.
Furthermore, Waldorf strives to provide a beautiful, cohesive campus that radiates learning,
working and playing while attracting and expanding full and diverse enrolment supported by
abundant resources. Waldorf enthusiastically work and serve in the world community as stewards
of social renewal.
The client is only renting the land for 20 years, and will be handing over the whole project
to Taylors at the end of the period. Thus the client has only a total of 20 years including the
development period to earn profit from the project. Hence it is ideal to speed up the whole

development period to ensure that maximum profit can be obtained by the client. Thus the
objective of completing the whole project in not exceeding 3 years would be ideal.
In the year 2012, the Malaysian government removed the quota for Malaysians
participation or enrolment into private schools. Thus this elimination of the quota has encourage
many international school to sprout out like mushrooms in Malaysia. Based on a research
conducted by the International School Consultancy group (ISC) in UK, currently there are a total
of 99 English-medium private or international schools in Malaysia, with an amount of
approximately 40,000 students. The market has a growing rate of 19% per year for the last five
years and this trend shows no sign of stagnation. The students in these schools comprises of a
majority of local Malaysians and a mixture of British, American, and South Korean students (Lee,
2015).
Since these schools often adopt or import their syllabus from other countries and employ
international teachers, thus the expenses incurred tend to be in the high end. Other than that, the
facilities available will be on par with private universities thus cost in constructing and maintaining
will be high as well. Hence high quality education comes with a price or fees that is to be paid
twice a year. Often, once the student starts his or her education in a private school, he or she will
have to continue to study in that school until year 12. This is due to the difference in syllabus and
hence not every school allows a student transferring from another private school to enroll,
depending on a case to case basis. Fees for international schools such as Mont Kiara International
School (MKIS) can reach as high as RM53, 000.00 per term for year 9 students. Thus the objective
of obtaining RM1 billion in 20 years is achievable and measurable.

4. Project Benefits
The major factor to create this business partnership with the Taylors University is to link
the secondary education with the tertiary education. It can ensure the continuous enrollment of the
tertiary studies with Taylors University among PWISM graduate students. It brings benefit to
both parties as the graduate students from PWISM are offered with RM 25,000 tuition fees
reduction when they continue their degree and university life with Taylors University. Not only
Taylors can get more new students from this strategy, PWISM can also attract more parents to
sign up for their children because of its co-business with Taylors University. This is because
Taylors has a good reputation and great experiences in the education field. Other than that, the
students who choose to continue his college life in Taylors University has the advantages of
familiarity in place.
Moreover, this offers a new education system in Malaysia. Although there are other
organizations create offers between secondary school and college under the same organization,
there are differences in this project which is unique. It has locational advantages as students dont
need to move to other places. The introduction of Waldorf Education which is the international
secondary school is new to local education. Besides, the fact that it is expected to have more
international students to enroll in PWISM make it able to reach the international student quota
with Taylors University. Furthermore, Policy of shared facilities may reduce the costs of the new
school.
Most importantly, this project is expected to bring a net profit of roughly 1 Billion Ringgit
in these 20 years including development period. Upon completion, it can earn 54 Million Ringgit
for the client. The Net Profit Value (NPV) is shown as the figure below and the detail breakdown
will be attached in the appendices.

Net Profit Value (NPV)

Assume:
Interest rate
Thus, PV of Annuity

5%
12.4622

Expenses (paid 1 time)

Construction Cost
Professional Fees
1% contract sum
Legislation Fees
0.5% contract sum
Franchise Fees
RM 1,000,000 for 10 years
Expenses (paid every term/month)
Land Rental Fees
RM 15,000/month
Administrative Fees
RM 150,000/term
Facilities Renting Fees
RM 10,000/month
Income
Fee allocation

RM 30,000/student/term
NPV

RM
RM
RM
RM

Amount
30,000,000.00
300,000.00
150,000.00
2,000,000.00

RM
RM
RM
RM

2,243,196.00
3,738,660.00
1,495,464.00
39,927,320.00

RM 1,121,598,000.00
RM 1,081,670,680.00 FOR 20 YEARS
RM
54,083,534.00 /year

On the other hand, the international school has a lot of advantages for the students.
Compared to traditional education, the international school can provide unique programs to
students. PWISM provides an international curriculum which allows exposure to students from
other world with different cultures. In this vibrant cultural community, they are able to learn how
to work with people of different backgrounds and also benefit from their cultural experiences. This
can help them to appreciate the world and to be confident when dealing with other people in the
future. Besides that, the school can foster their personality when they gain lifelong friendship with
students from countries around the world. They can be more independent as they learn to live on
their own. The daily challenges that they overcome will eventually help them to act more maturely
(Internationalschoolmn.com, 2016).
The students who choose to study in international school also tend to participate in more
extracurricular activities. This helps them to develop new skills and gain confidence. Other aspects
such as imagination, creation, and cooperation can be developed during the process. Not only their
talents can be discovered, the critical thinking skills and problem-solving skills can also be
developed as they participate in new activities. Last but not least, students can gain more career
opportunities from their studies. Companies nowadays always look for individuals who have

experience working with other culture as currently many businesses operate globally. The students
who enrolled in international schools also learn more than one language. The graduate students
that are multilingual tend to be more effective when working in their companies and has less
barriers when collaborating with people from various countries. They are at an advantage when it
comes to finding a job (Internationalschoolmn.com, 2016).

5. Project Work Breakdown Structure

1.0 Building Perth Waldolf School

1.2 Construction Stage

1.1 Pre-Construction Stage

1.1.1 Acquisition

1.1.1.1 Feasibility
Study

1.1.2 Idea Development

1.1.2.1 Cost
Planning

1.1.1.2 Legal
Investigation

1.1.2.2 Detail
Design

1.1.1.3 Ground
Investigation

1.1.2.3
Preparation of
BQ

1.2.1 Preliminaries Works

1.2.1.1 Milestone
Activities
1.2.1.2 Demarcation
Survey and Setting
Out
1.2.1.3 Temporary
Hoarding & Access
1.2.1.4 Site Clearance

1.1.1.4 Finance
Acquisition

1.1.2.4 Tendering
Activity
1.2.1.5 Mobilisation
and Delivery of
Building Materials
1.2.1.6 Earthworks

1.2.2 Building Works

1.2.2.1 Piling Works

1.2.2.2 Work Below
Lowest Floor Level
1.2.2.3 Frame

1.3 Post Construction Stage

1.2.3 External Works

1.2.3.1 Drainage and

Sewer Construction
1.2.3.2 Water
Reticulation

1.2.2.4 Upper Floor

1.2.3.3 Compound
Lighting

1.2.2.45 External &

Internal Wall

1.2.3.4 Landscape

1.2.2.6 Roof
Construction

1.2.3.5 Road & Parking

1.2.3.6 TNB Substation

1.2.2.7 Doors &

Windows Installation
1.2.2.8 Finishes
1.2.2.9 Services
Installation
1.2.2.10 Testing &
Commissioning

1.2.3.7 Refuse
Chambers
1.2.3.8 Ancillary
Building and Fencing
1.2.3.9 Testing and
Commissioning

1.3.1 Building Handling Over

1.3.1.1 Removal of
Machineries & Site
Temporary Works
1.3.1.2 Site Clearance

ID

Task Task Name

Mode
1
2
3
4
5

Finish

Predecessors

2017
2018
2019
2020
Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3

Pre-Construction Stage 187 daysMon 2/1/17

Acquisition
70 days Mon 2/1/17
Feasibility Study
18 days Mon 2/1/17
Legal Investigation 21 days Thu 26/1/17
Ground Investigation 14 days Fri 24/2/17

Tue 19/9/17
Fri 7/4/17
Wed 25/1/17
Thu 23/2/173
Wed
4
15/3/17
Finance Acquisition 31 days Fri 24/2/17 Fri 7/4/17 4

6
7
8
9
10
11
12
13
14

Duration Start

Idea Development
Cost Planning
Detail Design
Preparation of BQ
Tendering Activity
Construction Stage
Preliminaries Works
Milestone Activities

15

16
17

Project: PM
Date: Sun 13/11/16

117 daysMon 10/4/17Tue 19/9/17

14 days Mon 10/4/17Thu 27/4/176
62 days Fri 28/4/17 Mon 24/7/178
10 days Tue 25/7/17 Mon 7/8/17 9
31 days Tue 8/8/17 Tue 19/9/1710
621 daysWed 16/8/17Wed 1/1/20
70 days Wed 16/8/17Tue 21/11/17
5 days Wed
Tue
11
20/9/17
26/9/17
Demarcation Survey 3 days Wed
Fri 29/9/17 14
and Setting Out
27/9/17
Temporary Hoarding 5 days
& Access
Site Clearance
2 days

Mon
Fri 6/10/17 15
2/10/17
Mon 2/10/17Tue 3/10/1715

Task

External Milestone

Manual Summary Rollup

Split

Inactive Task

Manual Summary

Milestone

Inactive Milestone

Start-only

Summary

Inactive Summary

Finish-only

Project Summary

Manual Task

Deadline

External Tasks

Duration-only

Progress

Page 1

ID

Task Task Name

Mode
18

19
20
21
22
23
24
25
26
27
28
29
30
31
32

Mobilisation &
Delivery of Building
Materials
Earthworks
Building Works
Piling
Work Below Lowest
Floor Level
Frame
Upper Floor
External and Internal
Wall
Roof Construction
Doors & Windows
Installation
Finishes
Services Installation

Duration Start

Finish

Predecessors

2 days

Mon
9/10/17

16

Wed
16/8/17

2017
2018
2019
2020
Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3

31 days Tue 10/10/17Tue 21/11/17

18
551 daysWed 22/11/17
Wed 1/1/20
40 days Wed 22/11/17Tue 16/1/1819
55 days Wed
Tue 3/4/18 21
17/1/18
90 days Wed 4/4/18 Tue 7/8/18 22
90 days Wed 4/4/18 Tue 7/8/18 22
100
Wed 8/8/18 Tue
23,24
days
25/12/18
50 days Wed 26/12/18Tue 5/3/19 25
31 days Wed 6/3/19 Wed
26
17/4/19
90 days Thu 18/4/19 Wed 21/8/1927
90 days Thu 22/8/19 Wed
28
25/12/19
Testing and
5 days Thu
Wed
29
Commissioning
26/12/19
1/1/20
External Works
235 daysTue 10/10/17Mon 3/9/18
Drainage and Sewer 90 days Tue
Mon
18
Construction
10/10/17
12/2/18

Project: PM
Date: Sun 13/11/16

Task

External Milestone

Manual Summary Rollup

Split

Inactive Task

Manual Summary

Milestone

Inactive Milestone

Start-only

Summary

Inactive Summary

Finish-only

Project Summary

Manual Task

Deadline

External Tasks

Duration-only

Progress

Page 2

ID

Task Task Name

Mode
33
34
35
36
37
38
39
40
41
42
43

44

Duration Start

Finish

Predecessors

2017
2018
2019
2020
Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3

Water Recticulation 50 days Tue 13/2/18 Mon

32
23/4/18
Compound Lighting 31 days Tue 24/4/18 Tue 5/6/18 33
Landscape
31 days Tue 24/4/18 Tue 5/6/18 33
Road & Parking
7 days Tue 24/4/18 Wed 2/5/18 33
TNB Substation
90 days Tue 24/4/18 Mon 27/8/1833
Refuse Chambers
30 days Tue 24/4/18 Mon 4/6/18 33
Ancillary Building
60 days Tue 24/4/18 Mon
33
and Fencing
16/7/18
Testing and
5 days Tue 28/8/18 Mon
37
Commissioning
3/9/18
Post Construction Stage 7 days Tue 4/9/18 Wed 12/9/18
Building Handling Over 7 days Tue 4/9/18 Wed 12/9/18
Removal of
5 days Tue 4/9/18 Mon
40
Machineries & Site
10/9/18
Temporary Works
Site Clearance
2 days Tue 11/9/18 Wed 12/9/1843

Project: PM
Date: Sun 13/11/16

Task

External Milestone

Manual Summary Rollup

Split

Inactive Task

Manual Summary

Milestone

Inactive Milestone

Start-only

Summary

Inactive Summary

Finish-only

Project Summary

Manual Task

Deadline

External Tasks

Duration-only

Progress

Page 3

6. Project Cost Estimation

Assumption:
Construction Cost: RM 30,000,000.00
Land rental: RM 15,000.00 per month
Facilities rental: RM 10,000.00 per month
Profit: 1% of contract sum
Legislation: 0.5% of contract sum
Franchise: RM 1,000,000.00 for 10 years
Administrative Fees: RM 300,000 per year

Others
Profit
Legislation
Franchise
Land Rental
Facilities Rental
Administrative Fees

Amount (RM)
300,000.00
150,000.00
2,000,000.00
2,243,000.00
1,495,000.00
3,739,000.00

Therefore, the total cost estimation of this project is:

Cost Estimation
Construction Cost
Profit
Legislation
Franchise
Land Rental
Facilities Rental
Administrative Fees
Total Cost Estimate

Amount (RM)
30,000,000.00
300,000.00
150,000.00
2,000,000.00
2,243,000.00
1,495,000.00
3,739,000.00
39,927,000.00

Estimated construction cost:

Elements
Preliminaries
Labour and Plant
Piling
Work Below Lower Floor
Frame
Roof Construction and Finishes
External and Internal Wall
Doors and Windows
Internal Wall Finishes
Internal Floor Finishes
Internal Ceiling Finishes
External Finishes
External Works
Prime Cost Sum and Provisional Sum
Mechanical and Electrical Works
Contingencies
Total Contract Sum

Amount (RM)
750,000.00
4,410,000.00
2,520,000.00
2,280,000.00
3,600,000.00
516,000.00
480,000.00
504,000.00
1,200,000.00
2,250,000.00
360,000.00
540,000.00
840,000.00
4,500,000.00
4,800,000.00
450,000.00
30,000,000.00

Estimated labour and plant cost:

Activity Descriptive
Piling
Work Below Lower
Floor
Frame

Activity
A

Activity
B

Activity
C

Activity
D

189,000

220,500

630,000

199,500

142,500

228,000

570,000

270,000

225,000

270,000

135,000

900,000

32,250

25,800

19,350

129,000

30,000

18,000

18,000

120,000

126,000

126,000

300,000

300,000

90,000

90,000

135,000

135,000

30,000

Doors and Windows

Internal Wall Finishes
Internal Ceiling
Finishes
External Finishes
84,000

52,500

73,500

210,000

Mechanical and
Electrical Works
Budget Total

Total

220,500

Roof Construction and

51,600
Finishes
External and Internal
24,000
Wall

External Works

Activity
E

849,600

671,250

835,800

30,000

1,200,000

1,200,000

2,023,350

4,410,000

*Total value of contract: RM 30,000,000.00

*Cost of labour and plant: RM 4,410,000.00

Legend:
Activity A: All concrete mixing, transporting and placing (labour and plant)
Activity B: All formwork fixing and dismantling (labour and plant)
Activity C: All fixing of reinforcement (labour and plant)
Activity D: All bricklaying (labour and plant)
Activity E: Tower crane or scaffolding

7. Project Summary
In summary, constructing Waldorf International School would be an ideal type of
development project that is to be located adjacent to Taylors Lakeside University. It does not only
is expected to bring in a net profit for approximately RM 1 billion to Alston Group but will also
provide quality education to Malaysia. Since Waldorf education system is yet to be introduced in
Selangor, thus it will attract the attention of many parents that would like their children to be
developed into an all-rounder. Based on the Gantt chart produced, the total development period is
forecast to be 815 days in total including construction and acquisition for the development. This
development period matches with the objective set in the beginning of the project. The whole
development cost which includes acquisition, administration, professional and construction fees is
estimated to be RM39,927,000.00. This cost is justified in section 5 in the project brief.
Other than that, this development will complement Taylors Lakeside University as a
whole. In an event PWISM is a success, Taylors Education Group would be recognized at a higher
level among all the private institutions. Hence this project would be a win-win case for both parties
(Alston Group and Taylors Education Group). In addition, since this will be the first project under
Alston Group that is related to education sector, it will expand their groups name further into other
sectors and thus increasing their recognition into the country.

8. References
American Immigration Council. (2015). Strength in Diversity: The Economic and Political Power
of

Immigrants,

Latinos,

and

Asians.

[online]

Available

at:

https://www.americanimmigrationcouncil.org/research/strength-diversity-economic-andpolitical-power-immigrants-latinos-and-asians [Accessed 10 Nov. 2016].

Iie.org. (2016). International Students in Australia | Australia | Project Atlas. [online] Available
at:http://www.iie.org/Services/Project-Atlas/Australia/International-Students-InAustralia#.WCO7-Pp9601 [Accessed 10 Nov. 2016].
Internationalschoolmn.com. (2016). Blog: The Advantages of Studying at an International School.
[online] Available at: http://internationalschoolmn.com/news-events/blog-the-advantagesof-studying-at-an-international-sch [Accessed 10 Nov. 2016].
Lee, I. (2015). 10 most expensive international schools in the Klang Valley [Online]. Available at:
https://www.imoney.my/articles/10-most-expensive-international-schools-in-the-klangvalley [Accessed 10 Nov. 2016]
Merle, M. (2014). Characteristics of a Waldorf School. Journal of the Pedagogical Section at the
Goetheanum, 53(1), 12-20
Rengasamy,

S.

(2008).

Project

Planning

[Online].

Available

at:

http://www.slideshare.net/srengasamy/project-planning-presentation-651315 [Accessed 9
Nov. 2016]

APENDIX A. DETAIL CALCULATION FOR NPV

Net Profit Value (NPV)
Assume:
Interest rate
Thus, PV of Annuity

2 term/year
5%
12.4622

Expenses (paid 1 time)

Construction Cost
Professional Fees
1% contract sum
Legislation Fees
0.5% contract sum
Franchise Fees
RM 1,000,000 for 10 years
Expenses (paid every term/month)
Land Rental Fees
RM 15,000/month
Administrative Fees
RM 150,000/term
Facilities Renting Fees
RM 10,000/month
Income
Fee allocation

RM 30,000/student/term

Calculation
RM
RM
RM

30,000,000.00 x 1%
30,000,000.00 x 0.5%
1,000,000.00 / 10 years x 2

RM
RM
RM
RM

Amount
30,000,000.00
300,000.00
150,000.00
2,000,000.00
2,243,196.00
3,738,660.00
1,495,464.00
39,927,320.00

RM
RM
RM

180,000.00
300,000.00
120,000.00

/year x 12.4622= RM
/year x 12.4622= RM
/year x 12.4622= RM
RM

RM

90,000,000.00

/year x 12.4622= RM
RM
NPV
RM

1,121,598,000.00
1,081,670,680.00 FOR 20 YEARS
54,083,534.00 /year