MGMT$55921$ Procurement and Financial Management

PROCUREMENT & FINANCE DELIVERABLE FOR TORONTO SUN CARIBANACASE CASE:

Submit the Procurement and Finance section for Toronto Sun Caribana. That section should address the following:

$1.$ Procurement plan required$-$ Starting with the SOW, outline the procurement process for the float construction, giving details of each step $($All steps of the process are required$)$ along with reasoning & justifications $($From determining needs up to Closure$).$ Details required & emphasis to be placed on RFQ $($Request for Quotation$),$ selection criteria & the Contract.

$2.$ Prepare the Project Budget.

$3.$ Prepare a time$-$based Cash Flow $($revenue & expenses$)$ must be integrated with the WBS$.$ Weekly as per your schedule, cash only.

Notes: WBS & schedule to be included $($Will not be graded$)$

o The Budget $($Cash$/$noncash$)$ must also be integrated with the WBS $$ be sure to include volunteer hours @ $$15$ non$-$cash, your hours @ $$20$ Cash, donations of goods and$/$or services at market prices $($Noncash$).$ Add Comments & assumptions $-$ external purchase, external contract, internal resource & assumptions taken.

o Both Budget & Cashflow are to be shown in the main report. Additionally, for the Budget & Cash flow please attach an excel spreadsheet.

o Support the basis of any estimates you use by referencing, written materials $($online or hard copy documents$),$ web sites links, etc.

Additional clarifications:

For the project budget, use the following headings

WBS ID

$,$ITEM

$,$Cash

$,$Non$-$cash

$,$Comment. There are $2$ items broad tasks and sub tasks. Only Figures are to be shown in the Budgeted Cash $/$ non$-$cash columns. Do show totals for revenue & Expenses $($cash & noncash$).$ A total for the net budget revenue $($revenue $$ expenses$)$ showing a profit.

Under comments: external purchase, external contract, internal resource, unit cost as required.

You may add notes to the budget: Showing sources, estimations, assumptions & justifications taken, as required.

Cash flow $($Cash items one time$-$phased $($ weekly columns$),$ showing a running weekly balance after the weekly total column$-$wise $($Same $($revenue minus expenses$)$

One Excel file is to be attached for the budget, Cashflow & Target profit analysis

Report Format:

Title Page: Case Title

Group #

Members$$ names and Id

Date of Submission

Table of Content

Executive Summary

Main Body:

Introduction

Report

Conclusion

Appendix

General Format for the Report:

$12$ Font size

$1\mathrm{.}5$ Line spacing

Normal Margin

Page number bottom right corner