Company overview -

Susan's Consulting Company (SCC) has been in business for ten years and has experienced a significant turnover in the project management group, which has prompted senior leadership to investigate.

A preliminary review by senior leadership has determined that Project Managers are frustrated with the required project management documentation, which has impacted their ability to manage projects successfully.

A recent review of the project management process has determined that SCC has spent 30-40% of its total project budget on projects' overhead costs, including project management costs. A review of industry standards is between 5-15% higher than most companies. In addition, senior leaders found that projects are being delivered between25% and 50% over budget and late 95% of the time.

Note:Project Management overhead includes the PM's time managing the project, attending meetings, and developing the required documentation.

Request:SCC has reached out to your team because you are experts in defining project management processes and delivering projects on time. The SCC request includes the following:

The development of a new project management process, which, at a minimum, should include the following:

?The ability to track issues, risks, and changes

?The ability to view project activities includes the ability to view what has been completed, what activities the team is currently working on, and what will be done over the next reporting period

?The ability to view the project costs to include what has been spent to date, baseline budget, any changes to the budget, remaining budget, and cost of the project at completion

?In addition to building a new project management process, SCC would like you and your team to manage a project using the new process.

Project Scope: The project's scope consists of completing all nine projects within one year. You have been given a total budget of $1,200,000.00. Resources have already been defined; however, you can obtain additional resources if needed - see the table below. Success Criteria: The project must be delivered within 10% of the approved budget and no later than 395 days from the project's start date. Below are key pieces of information that you can use to manage the project:

• Given the critical nature of the project, the company has developed a high-level budget and potential income for each application.
• Year 0 is the projected cost the company has estimated for the building of the component. This includes a 15% overhead cost for project management work
• Year 1-Year 5 is the revenue the company has estimated for the product.
• The Acceptable Rate of Return for all projects with the company is 10%

If you choose to leverage IRR, NPV, PBP, or PV, you will use the information below: Image-1

If you choose to leverage IRR, NPV, PBP, or PV, you will use the information below: Application 1 Application 2 Application 3 Year 0 $ (120,000.00) $ Year 1 Year 2 20,000.00 $ Year 3 Year 4 Year 5 22,000.00 $ $ (99,000.00) $ 12,000.00 $ 13,200.00 $ 24,200.00 $ 14,520.00 $ 26,620.00 $ 29,282.00 15,972.00 $ 17,569.20 $ (230,000.00) $ 52,000.00 $ 57,200.00 $ 62,920.00 $ 69,212.00 $ 76,133.20 Application 4 Application 5 $ (75,000.00) $ 9,000.00 $ 9,900.00 $ 10,890.00 $ 11,979.00 $ 13,176.90 $ (90,000.00) $ 15,900.00 $ 17,490.00 $ 19,239.00 $ 21,162.90 $ 23,279.19 Application 6 $ (125,000.00) $ 18,000.00 $ 19,800.00 $ 21,780.00 $ 23,958.00 $ 26,353.80 Application 7 $ (120,000.00) $ 20,000.00 $ 22,000.00 $ 24,200.00 $ 26,620.00 $ 29,282.00 Application 8 $ (165,000.00) $ Application 9 $ (157,000.00) $ 40,000.00 $ 18,000.00 $ 44,000.00 $ 48,400.00 $ 53,240.00 $ 58,564.00 19,800.00 $ 21,780.00 $ 23,958.00 $ 26,353.80 If you choose to use Dot Voting of Monopoly Money, please use the information below: Dot Votes Monopoly Money Application 1 10 $ 3,500.00 Application 2 12 $ 7,500.00 Application 3. 9 $ 1,600.00 Application 4 12 $ 3,800.00 Application 5 5 $ 8,500.00 Application 6 16 $ 8,000.00 Application 7 25 $ 8,700.00 Application 8 21 $ 1,200.00 Application 9 18 $ 900.00