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please help me answer this please help tq so much high marks tq so much GROUP PROJECT Value: This project will be marked out 100

please help me answer this please help tq so much high marks tq so much

image text in transcribed GROUP PROJECT Value: This project will be marked out 100 and 40% towards your final assessment and grade for this course. Instructions: This project is a major project which you are advised to work on throughout from week 1 to 10 . This group project must be based on the current cost management system of the organization of your choice. Therefore, this project is not an assignment where information is relied on previous project or research that have been carried out. Length: This project should be 3,000 to 5,000 words in length, excluding graphs, tables, calculations, diagrams and appendices. PROJECT Select an organization of your choice, with which you are familiar that has implemented a strategic cost management system (SCMS) such as activity-based costing, JIT, Kaizen costing, balanced scorecard and others. 1. Describe the reasons behind the adoption of the SCMS. 2. Discuss and illustrate the problems encountered in implementing the system - you should consider both technical problems and any impact the implementation had from a behavioral perspective. 3. Discuss the benefits and strengths of the system. 4. Suggest possible improvements or desirable alterations to the system and justify your suggestions by reference to the literature considered in this course. For those who have selected an organization of your choice, you may need to interview certain personnel of the chosen organization in order to present an adequate submission for this project. You may also need to include statistical information and provide background information about the organization including details of its operations and competitive environment. The organization may be given a false name in the interests of confidentiality. The project will be used for no other purpose than in contributing towards your assessment in this course

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