Question
This p roject assignment allows you to apply both the course learning and your practical experience to a project of your choice. Project cost and
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. Create 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.
Project Cost and Finance Information
TABLE OF CONTENTS
INTRODUCTION
Project Name
Select a project based on your previous experience or a project that you would like to be involved with.
Provide the project name
CONTENT SECTIONS
Business Case
Create 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 create 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 create a cost estimate for each category. Identify how the costs are created and show at least two examples of the costs in this section.
Summary
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