Question 1:You manage a hotel resort located on the South Beach on the Island of Kauai in Hawaii. You are shifting the focus of your resort from a traditional fun-in-the-sun destination to eco-tourism. (Eco-tourism focuses on environmental awareness and education.).

Part 1) How would you classify the following projects in terms of compliance, strategic, and operational?

1. Convert the pool heating system from electrical to solar power.
2. Build a four-mile nature hiking trail.
3. Renovate the horse barn.
4. Launch a new promotional campaign with Hawaii Airlines.
5. Convert 12 adjacent acres into a wildlife preserve.
6. Update all the bathrooms in condos that are 10 years old or older.
7. Change hotel brochures to reflect eco-tourism image.
8. Test and revise disaster response plan.
9. Introduce wireless Internet service in caf and lounge areas.

Part 2) How easy was it to classify these projects? What made some projects more difficult to classify than others?

Part 3)What do you think you now know that would be useful for managing projects at the hotel?

Question 2:You work for the 3T company, which expects to earn at least 18 percent on its investments. You have to compare two similar projects. Below is the cash flow information for Project Omega and Project Alpha. Which of these projects (if any) would you fund if the decision is based only on financial information using the NPV method?Show ALL of your working to get the points

\fCriteria Strong Supports 10% of onsor business Urgency sales from Competition Fill market Weighted strategy new products gap total S 2.0 5.0 4.0 3.0 1.0 3.0 Project 1 9 5 2 2 5 Project 2 3 7 2 5 Project 3 6 8 2 3 6 8 Project 4 5 10 Project 5 3 10 10 8