ACC4100ProjectCostManagementandFinance

ProjectAssignmentPart1

Thisassignmentistobecompletedindividually. Thecriteriaforselectingaprojectisasfollows: ProjectCriteria Value Duration atleast6months Budget $100,000to$1,000,000 Resources morethan5resources Stakeholders morethan6stakeholders Examples startinganewbusiness, creatinganewproductorservice, planningandexecutinganeventsuchasawedding,charityeventormusicfestival. Note:Thecriteriashouldnotbeincludedintheassignmentcontents.

AssignmentOverview Thisprojectassignmentallowsyoutoapplyboththecourselearningandyourpracticalexperiencetoa projectofyourchoice.Projectcostandfinancialinformationarecriticaltothesuccessofallprojects. Thisassignmentrequiresyoutoselectaprojectthenprovidetheinformationasoutlinedbelow.Create thereportasifitwasasummarytobepresentedtoanexecutiveSponsororaSteeringCommittee. Usealltheheadingsasidentifiedintheoutlinebelowandfollowtheinstructionforwhattoincludein thecontents.

ProjectCostandFinanceInformation

TABLEOFCONTENTS

INTRODUCTION

ProjectName: Selectaprojectbasedonyourpreviousexperienceoraprojectthatyouwouldliketobe involvedwith. Providetheprojectname

CONTENTSECTIONS

BusinessCase: Createacompellingbusinesscasethatincludesthethreecharacteristicsofagoodpitchand explainsthevalueofyourproject.

Youneedtoincludethecostoftheproject,thefinancialbenefitorrevenueandtwofinancialmeasuresfromthe5discussedinclass(i.e.,suchasROI, paybackperiod,etc.).Youneedtoprovidesomejustificationforthefinancialreturn.Youalso needtoexplainhowthisprojectisalignedtotheorganizational(oryourpersonal)objectives.

ProjectSelectionSubmission: Providedetailsforsubmissiontoaprojectselectioncommittee.Identifyorcreatethe company'sprojectselectioncriteriaandclearlystatehowyourprojectmeetsorexceedsthe criteriabasedonfinancialmodels.Besuretoincludeatleastonealternativeprojectinorderto comparethevalues.Includeanyandallfinancialdetailsforthesubmissionaswellasanyother nonfinancialfactors.

CostEstimate: Listthecategoriesofcostsfortheprojectandcreateacostestimateforeachcategory.Identify howthecostsarecreatedandshowatleasttwoexamplesofthecostsinthissection. Summary: Abriefsummary.

References: Properlylistanyreferencesused.