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,thefinancial benefitorrevenueandtwofinancialmeasuresfromthe5discussedinclass(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.