Post date: Jan 26, 2016 8:43:00 PM
A fundamental tool for developers in assessing the feasibility of a project is the pro forma. The pro forma attempts to account for all of the broad categories of expense and revenue at a relatively unspecific level so that the developer can establish the reasonable scale, budget, and quality targets for the project. A lot of it is gut feeling, experience, and tacit knowledge, but nevertheless it is all translated to hard numbers and a dynamic spreadsheet that allows what-if analysis.
The new Northside Residence Halls were analyzed by the university using a pro forma. Here is a presentation about the analysis:
Northside Residence Halls presentation
Here is a template for pro forma analysis.