ACC4100 Project Cost Management and Finance Project Assignment Part 1

This assignment is to be completed individually. The criteria for selecting a project is as follows: Project Criteria Value Duration at least 6 months Budget $100,000 to $1,000,000 Resources more than 5 resources Stakeholders more than 6 stakeholders

Examples starting a new business, creating a new product or service, planning and executing an event such as a wedding, charity event or music festival. Note: The criteria should not be included in the assignment contents.

Assignment Overview This project assignment allows you to apply both the course learning and your practical experience to a project of your choice. Project cost and financial information are critical to the success of all projects. This assignment requires you to select a project then provide the information as outlined below. Create the report as if it was a summary to be presented to an executive Sponsor or a Steering Committee. Use all the headings as identified in the outline below and follow the instruction for what to include in the contents.

Project Cost and Finance Information TABLE OF CONTENTS INTRODUCTION Project Name Select a project based on your previous experience or a project that you would like to be involved with. Provide the project name

CONTENT SECTIONS

Business Case Create a compelling business case that includes the three characteristics of a good pitch and explains the value of your project. You need to include the cost of the project, the financial benefit or revenue and two financial measures from the 5 discussed in class (i.e., such as ROI, payback period, etc.). You need to provide some justification for the financial return. You also need to explain how this project is aligned to the organizational (or your personal) objectives.

Project Selection Submission Provide details for submission to a project selection committee. Identify or create the company's project selection criteria and clearly state how your project meets or exceeds the criteria based on financial models. Be sure to include at least one alternative project in order to compare the values. Include any and all financial details for the submission as well as any other nonfinancial factors.

Cost Estimate List the categories of costs for the project and create a cost estimate for each category. Identify how the costs are created and show at least two examples of the costs in this section. using table for the clear understand.

Summary A brief summary. References must be mention. Properly list any references used. Grading Rubric (This describes how the Marking criteria values are determined)