|| RS33320 |
|| FARM PLANNING AND ADVANCED FARM MANAGEMENT |
|| 2006/2007 |
|| Mr Anthony O'Regan |
|| Semester 2 (Taught over 2 semesters) |
|| RS25820 |
|| RS33420 |
| Course delivery
|| Lecture || In Semester 1, there will be 1 x 2 hour lecture per week, and in Semester 2, there will be 1 x 1 hour lecture per week |
|| Practical || Semester 1: 1 x 3 hour practical per week; Semester 2: 2 x 3 hour practicals, weeks 2 - 4 only |
|Assessment Type||Assessment Length/Details||Proportion|
|Semester Assessment|| Spreadsheet Outcomes assessed: 2, 5 ||5%|
|Semester Assessment|| Investment appraisal report Outcomes assessed: 4, 6 ||30%|
|Semester Assessment|| Business planning case study Outcomes assessed: 1, 2, 3, 4, 5, 6 ||65%|
|Supplementary Assessment|| Case study, covering all outcomes ||100%|
On completion of this module students will be able to
1. Understand the requirements when planning farming businesses.
2. Construct fully detailed farm business plans (including financial statements).
3. Understand and appreciate the effects of different trading structures.
4. Appreciate informational requirements of financial institutions in lending assessments.
5. Appreciate the different techniques and resources available for planning.
6. Understand and evaluate investment decisions.
To introduce students to whole business planning techniques. These techniques will include business and personal aspects, uncertainty and risk analysis and business distress and failure. Alternative structures for farming businesses will be examined. Investment analysis and appraisal will also be covered.
The object of this module is to introduce students to farm planning and advanced farm management techniques, uncertainty and risk analysis and business distress and failure. Alternative structures for farming will also be examined. Investment appraisal techniques will be investigated and assessed.
.1 Independent project work
The Investment Appraisal Report and the Business Planning Case Study are independent pieces of work.
.2 IT and information handling
Case study submission is word processed.
Data analysis using spreadsheets
.4 Writing in an academic context
Both reports will develop this skill.
Barnard A and Nix J (1979) Farm planning and control
Dale B and Cooper C (1992) Total quality and human resources
Hardmans J P Hardmans tax rates and tables
Paice D A (1982) Critical path analysis basic techniques
Agricultural Budgeting and Costing Book No 41
Agro Business Consultants
(1992) Croner's Farm Business Management
Corner Publications, London
This module is at CQFW Level 6