STATEMENT > You are going to start a business related to the construction industry after your graduation The Fund available for this purpose is 100 million PKRs. Outline the three (03) suitable alternatives for this business and work out various kinds of costs associated to each alternative. Draw Cash flow diagrams. Evaluate the alternatives using at least 3 standard methods of economic analysis and select the best alternative for your business depending upon the benefit and cost computations carried out in the previous step. You are required to submit a Comprehensive report containing the following sections. CLO Statement: Evaluate alternatives for solution of project management problems and the selection of most economical one. ASSIGNED PLO: An ability to demonstrate management skills and apply engineering principles to one's own work, as a member and/or leader in a team, to manage projects in a multidisciplinary environment. (PLO11- Project Management). 1. Report Format The report should include the following sections: I. Problem Definition/Identification: This is a statement of the problem to be investigated. It provides overall direction for problem understanding. The student should rephrase the stated problem in his own words that can display his understanding of the problem II. Details of methods involved / Proposed solution: Students must provide all the details of activities involve in evaluating the alternatives and each activity must be clearly supported by steps necessary for performing them (and describe methods). Also provide reason of choosing a method to be followed. III. Detailed Alternatives Analysis / Implement solution: Students are required to prepare a detailed analysis report of each alternative using different types of economical techniques supported by relevant calculation and cash flow diagrams, tables and figures. IV. Conclusion / Evaluate Outcomes: An evaluation report /summary shall be prepared with the evidence of selecting most economical alternative. STATEMENT > You are going to start a business related to the construction industry after your graduation The Fund available for this purpose is 100 million PKRs. Outline the three (03) suitable alternatives for this business and work out various kinds of costs associated to each alternative. Draw Cash flow diagrams. Evaluate the alternatives using at least 3 standard methods of economic analysis and select the best alternative for your business depending upon the benefit and cost computations carried out in the previous step. You are required to submit a Comprehensive report containing the following sections. CLO Statement: Evaluate alternatives for solution of project management problems and the selection of most economical one. ASSIGNED PLO: An ability to demonstrate management skills and apply engineering principles to one's own work, as a member and/or leader in a team, to manage projects in a multidisciplinary environment. (PLO11- Project Management). 1. Report Format The report should include the following sections: I. Problem Definition/Identification: This is a statement of the problem to be investigated. It provides overall direction for problem understanding. The student should rephrase the stated problem in his own words that can display his understanding of the problem II. Details of methods involved / Proposed solution: Students must provide all the details of activities involve in evaluating the alternatives and each activity must be clearly supported by steps necessary for performing them (and describe methods). Also provide reason of choosing a method to be followed. III. Detailed Alternatives Analysis / Implement solution: Students are required to prepare a detailed analysis report of each alternative using different types of economical techniques supported by relevant calculation and cash flow diagrams, tables and figures. IV. Conclusion / Evaluate Outcomes: An evaluation report /summary shall be prepared with the evidence of selecting most economical alternative