Question
The criteria for selecting a project is as follows: Project Criteria Value Duration at least 6 months Budget $100,000 to $1,000,000 Resources more than 5
The criteria for selecting a project is as follows:
Project Criteria | Value |
---|---|
Duration | at least 6 months |
Budget | $100,000 to $1,000,000 |
Resources | more than 5 resources |
Stakeholders | more than 6 stakeholders |
Examples
- starting a new business,
- a new product or service,
- planning and executing an event such as a wedding, charityevent or music festival.
Note: The criteria should not be included in the assignment contents.
ACC4100 Project Assignment - Part 1
This project assignment allows you to apply both the course learning and your practical experience to a project of your choice. Project cost and financial information are critical to the success of all projects. This assignment requires you to select a project then provide the information as outlined below. doing the report as if it was a summary to be presented to an executive Sponsor or a Steering Committee.
Use all the headings as identified in the outline below and follow the instruction for what to include in the contents.
TABLE OF CONTENTS
INTRODUCTION
Project Name and Description
Provide the project name and a brief description
CONTENT SECTIONS
Business Case
doing a compelling business case that includes the three characteristics of a good pitch and explains the value of your project.You need to include the cost of the project, the financial benefit or revenue and two financial measures from the 5 discussed in class (i.e., such as ROI, payback period, etc.). You need to provide some justification for the financial return. You also need to explain how this project is aligned to the organizational (or your personal) objectives.
Project Selection Submission
Provide details for submission to a project selection committee. Identify or doing the company's project selection criteria and clearly state how your project meets or exceeds the criteria based on financial models. Be sure to include at least one alternative project in order to compare the values. Include any and all financial details for the submission as well as any other non-financial factors.
Cost Estimate
List the categories of costs for the project and doinga cost estimate for each category. Identify the method for how the costs are determined and show at least two examples of the methods in this section.
Summary
Provide a short summary of the submission.
References
List references used.
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