The purpose of this task is to have you explore and apply, in modest depth, the engineering management economics function of an assigned project To collect and sell recycle material from the students and public who stay at the UCSI Hostel, Homes, Apartments Suppliers You have been employed as a Project Manager by your college Engineering Society to organize a flea market (Pasar Karat) to raise funds to provide financial assistance for needy engineering students The event will sell the recycle material was collected from the students, residents, and suppliers nearby the University The recycled materials collected and sold should give monetary benefits and environmental awareness to the UCSI students The participation in this flea market is open to all UCSI students and public where the product only can be purchased using two type of payment method which is through e Wallet and coupons The event will take place on 1 st Jan 2022 in conjunction with New Year celebrations You are required to organize all aspects of the event including booking the venue, marketing, invitation of vendors sellers (profit sharing based on sales), recycle material booth, food and beveragebooths kiosks, sponsorships, advertising, budgeting and coupon printing and sales Note You need to define when the project will start You may select your own project start date Be sure that the booth will sell products which covers the expenses to organize the event and make at least 30 profit based on total sales You can invite UCSI students to participate as the recycle product vendors sellers Any costs need to be explicitly stated You may assume all related costs, expenses, and revenue You must show a minimum of 30 profit in your financial economic analysis Recycles materials not limited to used cloths, old books CD's, electronic items gadgets (computers, phones, cameras, gaming devices etc), sports equipment's, baby accessories etc Complete the following tasks Task 1 Compose a Project Justification This is the who, why, and what part of the project It defines all major aspects of the project and forms the basis rationale or purpose of the project including formation of the project team Task 2 Develop a list of required activities for the project and responsibility matrix (who is responsible in your project team including organizational chart) Task 3 Develop a work schedule using Critical Path Method (CPM) that uses the activities created in Task 2 Show ES, EF, LS, LF, Slack Float, Critical Path and Project Duration Task 4 Formulate a financial economic analysis List the material selling products, Business cost analysis (PW B C ratio) for the prediction, net profit, and break even analysis (include expenses, sales, and profit) Task 5 Evaluate alternatives of mutually exclusives of project Do evaluation of comparison of two mutually exclusive either using incremental analysis annual worth, B C(PW)

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The purpose of this task is to have you explore and apply, in modest depth, the engineering management & economics function of an assigned project.

To collect and sell recycle material from the students and public who stay at the UCSI Hostel, Homes, Apartments & Suppliers

You have been employed as a Project Manager by your college Engineering Society to organize a flea market (Pasar Karat) to raise funds to provide financial assistance for needy engineering students. The event will sell the recycle material was collected from the students, residents, and suppliers nearby the University. The recycled materials collected and sold should give monetary benefits and environmental awareness to the UCSI students. The participation in this flea market is open to all UCSI students and public where the product only can be purchased using two type of payment method which is through e-Wallet and coupons. The event will take place on 1 st Jan 2022 in conjunction with New Year celebrations. You are required to organize all aspects of the event including booking the venue, marketing, invitation of vendors/sellers (profit-sharing based on sales), recycle material booth, food and beveragebooths/kiosks, sponsorships, advertising, budgeting and coupon printing and sales.

Note:

You need to define when the project will start. You may select your own project start date.
Be sure that the booth will sell products which covers the expenses to organize the event and make at least 30% profit based on total sales.
You can invite UCSI students to participate as the recycle product-vendors/sellers.
Any costs need to be explicitly stated. You may assume all related costs, expenses, and revenue.
You must show a minimum of 30% profit in your financial/economic analysis
Recycles materials not limited to: used cloths, old books & CD's, electronic items & gadgets (computers, phones, cameras, gaming devices etc), sports equipment's, baby accessories etc.

Complete the following tasks:

Task 1 - Compose a Project Justification. This is the "who, why, and what" part of the project. It defines all major aspects of the project and forms the basis/rationale or purpose of the project including formation of the project team.

Task 2 - Develop a list of required activities for the project and responsibility matrix (who is responsible in your project team including organizational chart)

Task 3 - Develop a work schedule using Critical Path Method (CPM) that uses the activities created in Task 2. Show ES, EF, LS, LF, Slack/Float, Critical Path and Project Duration.

Task 4 - Formulate a financial/economic analysis - List the material selling products, Business cost analysis (PW B/C ratio) for the prediction, net profit, and break-even analysis (include expenses, sales, and profit)

Task 5 - Evaluate alternatives of mutually exclusives of project - Do evaluation of comparison of two mutually exclusive either using incremental analysis annual worth, B-C(PW).