...Summary This document is prepared for the purpose of scope management and financial data analysis for investment decision making. URP consultant is hired by New Jersey department to do projects analysis. The project chosen is Project IHTRHU. Collection of data, detailed analysis, findings and conclusion method has been conducted in providing comprehensive report. However, some data is limited and assumptions are made for sensivity analysis purpose. There are three significant findings based on the scope management plan and financial analysis conducted. On the scope management plan, it has been found that the tracking and monitoring of performance report was lacking as expert advice was not consulted and project scope was not well defined. Findings revealed that among the three projects, Project IHTRHU is the best project due to highest positive NPV rates based on the financial analysis. The discussion analysis comprises IRR, discounted rate, hurdles rate, cash flow, inflation and interest rate for the sole purpose of investment returns. As observed the scope management plan is overall good. Recommendation for improvement on report and tracking performance can be enhanced in avoiding delay and mitigate risk. Also, various financial methods has been used to determine quick cash flow returns. Calculation on NPV is the best recommendation provided based on the exclusive mutually project factor as well as financial analysis views concluded from scholars. ...
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...GB550 Financial Management Unit 1 Final Project Click Link Below To Buy: http://hwaid.com/shop/gb550-financial-management-unit-1-final-project/ Unit 1 Final Project Overview: The Final Project is due at the end of Unit 5. Overview The purpose of the Final Project Research Paper is to examine capital-structure theory, issues, and debates, while showing how capital-structure choices affect a firm’s return on investment (ROI) and its risk profile. Directions Your Assignment is to select a publicly-held company and to analyze its capital structure, applying the theories and principles found in Chapter 15 of the text. The structure of your research paper should include: • A preview of capital structure issues • Business and financial risks related to capital structure • Modigliani and Miller’s [MM] capital-structure theory • Criticisms of the MM model and assumptions • Capital structure evidence and implications • Estimating the firm’s optimal capital structure A firm’s optimal capital-structure is that mix of debt and equity that maximizes the stock price. At any point in time, management has a specific target capital structure in mind, presumably the optimal one, though this target may change over time. For example, financial management may choose a 50% equity financing [stock] and 50% debt [bond] financing. Several factors influence a firms’ capital structure, including: • Business risk • Tax position • The need for financial flexibility • Managerial...
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...[pic] Financial Management Process© For [Project Name] 1 Introduction The Project Financial Management Process is followed after the initial project budget has been documented and approved during the Project Initiation phase of the Project Management Life Cycle. What is a Financial Management Process? A Financial Management Process is a method by which costs (or expenses) incurred on the project are formally identified, approved and paid. Typical types of costs include: • Labor (e.g. staff, external suppliers, contractors and consultants) • Equipment (e.g. computers, furniture, building facilities, machinery and vehicles) • Materials (e.g. stationery, consumables, building materials, water and power) • Administration (e.g. legal, insurance, lending and accounting fees). © When to use a Financial Management Process The Financial Management Process should be initiated after the expected Financial Expense Form has been created and approved during the Planning phase of the project. This process provides a mechanism for monitoring and controlling the actual financials of the project against those that were originally planned/budgeted. It important to formally track expenses throughout all phases of the project, otherwise, it may become impossible to accurately manage the project constraints of time, budget and quality. 1.1 Instructions Complete all sections of this form. If a particular section is...
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...The Impact of Project Portfolio Management on Information Technology Projects Sergio Ricardo Calderini London Business School Regent’s Park, London NW1 4SA, United Kingdom e-mail: scalderini.mba2004@london.edu Bert De Reyck London Business School Regent’s Park, London NW1 4SA, United Kingdom Tel. +44 20 7706 6884; Fax. +44 20 7724 7875; e-mail: bdereyck@london.edu Yael Grushka-Cockayne London Business School Regent’s Park, London NW1 4SA, United Kingdom Tel. +44 20 7262 5050; Fax. +44 20 7724 7875; e-mail: ygrushka.phd2003@london.edu Martin Lockett Ashridge Berkhamsted, Hertfordshire, HP4 1NS, United Kingdom Tel. +44 1442 841025; e-mail: martin@mlockett.com Marcio Moura London Business School Regent’s Park, London NW1 4SA, United Kingdom e-mail: mmoura.mba2004@london.edu Andrew Sloper CVC The Customer Value Company 48 St Mary's Road, Long Ditton, Surrey KT6 5EY, United Kingdom Tel. +44 7768 861920; e-mail: andrew.sloper@customervalue.co.uk February 2005 Ashridge Business School UK - http://www.ashridge.org.uk The Impact of Project Portfolio Management on Information Technology Projects Abstract The ever-increasing penetration of projects as a way to organise work in many organisations necessitates effective management of multiple projects. This has resulted in a greater interest in the processes of project portfolio management (PPM), with more and more software tools being developed to assist and automate the process....
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...planning success An exploratory study of the financial executive perspective Alan R. Peslak Penn State University, Dunmore, Pennsylvania, USA Abstract Purpose – To explore the views of top corporate financial executives on the success of implementation of enterprise resource planning (ERP) systems as well as the variables associated with ERP project success. Specifically, relationships between dependent variables cost and budget performance on the independent variable overall project success are studied. Variables influencing cost and time performance are also explored. Design/methodology/approach – An analysis of secondary data obtained from the 2003 financial executives international comprehensive survey-based research on technology issues for financial executives. Multiple regression analysis and other statistical methods are used. Findings – The findings indicate that ERP implementations are generally viewed as moderately successful by top financial executives. In addition, both cost and time were significantly correlated with an overall view of success with cost performance holding higher influence. Several variables were found to significantly correlate with cost and time performance. Research limitations/implications – The study can be used as a basis for further exploration on the influences on ERP success as well as serve as a preliminary model to analyze any IT project success. Practical implications – The findings can be used to guide management teams in emphasizing control of the important...
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...2013/14 Project Proposal The Implementation of a SAP Financial Management System Leanne Harper Contents Page 1. Business case for proposed change 2. Figures Fig 1. Revision table 1. Revision History Revision Table (Fig 1) Revision Date | Summary of Changes | Reasons | Changes Accepted | 13th December 2013 | First Revision – Adding a pilot software installation | Pilot scheme would enable staff to use Voyager before sign off. This will eliminate potential project risks. | 16th December 2013 by Howard Trotter (Director) | | | | | 2. Business Case for the proposed change Shelforce is a sheltered employment facility that sits within the Development directorate of Birmingham City Council. The purpose of the business is to manufacture pvc-u windows and doors whilst providing employment opportunities to disabled people. The 3 critical success factors of Shelforce are; * To provide employment opportunities to some of Birmingham’s most vulnerable, disabled people in a sheltered environment geared towards up skilling them for mainstream employment * To manufacture quality pvc-u windows and doors which meet the requirements of customers and focus on this as their unique selling point rather than the disabled workforce element * To promote social inclusion for people with disabilities with working with employers and educating those in order to remove the stigma attached https://www.shelforce.co.uk/sustainability.html ...
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...Project Management PlanMerger & Acquisition Project for The Bag Co with ABC Leather Ltd Prepared by: MSc/ AdvDip Project Management Practices (2011 Batch) Students (Team -1) Marcus Ellenby Mohamed Abdurazak Myrka Freua Vivek Jha PROJECT MANAGEMENT PLAN Contents 1 Introduction .................................................................................................................................... 3 1.1 Objectives................................................................................................................................ 3 1.2 Vision Statement..................................................................................................................... 3 1.3 Key Milestones and KPIs ......................................................................................................... 4 2 Project Organisation ....................................................................................................................... 5 3 Project Roles and Responsibilities .................................................................................................. 5 3.1 3.2 Work Breakdown Structure .................................................................................................... 6 3.3 Organisation Break down Structure........................................................................................ 6 3.4 4 Work Details......................................
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...| 2013 | | Team Project Plan Part AProject Management Establishing a new café, Devine Beverages in Norwest business park | Table of Contents Executive summary 3 Purpose of the document 3 Project background 4 Scope Statement 4 Project Name: 4 Project Sponsor 4 The project sponsors for Café Divine are Divine Beverages Pty Ltd. 4 Project objectives 4 Description of the project 5 Project deliverables (Figure 1) 5 Milestones 6 Legal Requirements 6 Location Sourcing 6 Financial 7 Human Resources 7 Marketing 7 Technical Requirements 7 Projects Constraints/Limits and Exclusions 8 Customer Review/ Monitoring and Controlling 8 Work Breakdown Structure 9 References 13 Appendix 13 Figure 1: 13 Project Charter 14 Team contract 17 Executive summary The aim of this report is to detail how Divine Beverages Pty Ltd will be establishing its first café. The location of the café will be in Norwest Businesses Park. Management have determined that the construction of Northwest Rail link, will in turn lead to a large and sustained growth of business clientele within the Norwest/Bella Vista area. The café management also determined that their competitive difference will focus upon providing an exotic blend of kopi luwak coffee, coupled with a multilingual workforce who can fluently converse with foreign corporate clientele. Divine Beverages management have determined that there are seven major deliverables each with its own major milestones...
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...Running head: STRATEGIC PROGRAM MANAGEMENT WORKSHEET Strategic Program Management Worksheet University of Phoenix MMPBL/510 August 28, 2010 Strategic Program Management Worksheet |Concept |Application of Concept in the Scenario |Reference to Concept in Reading | |Project Considerations |The question is how much autonomy the project needs in order to be successfully |“Many firms that are heavily | | |completed. John Thomas, Chairperson, Board of Directors, gave attention to the |involved in project management | | |status of individual projects and the major impact affecting revenues, costs and |have created a flexible | | |operating metrics, such as student-to-teacher ratio. |management system that organizes | | | |projects according to project | | | |requirements” (Gray & Larson, | | | |2006, pg. 54). | |Project Management |Both Nancy Anderson, Executive Director and Jeff White, Business Development |“One functional area plays a | |Structure:...
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...com Project management - prince 2 -case study Name Professor Institution Course Date ITIL (Information Technology Infrastructure Library) ITIL provides a framework that describes the best practice direction for IT Service Management. Therefore, ITIL framework is focused on a concept towards the service lifecycle. The main phases of the ITIL service lifecycle are service design, service strategy, service operation, service transition, and service improvement. In this project, main function of the ITIL framework addresses how Aplestia’s IT as a whole should be operated. The project management aspect addresses how single projects within the Aplestia should be executed. PRINCE 2 (Projects IN Controlled Environments) PRINCE 2 is a kind of an industry standard used extensively in the whole world. It Is known as project management technique designed to offer a framework covering the wide variety of activities and disciplines needed within a project. In this project, PRINCE 2 is focused on Aplestia ‘s case, which shows the rationale and business justification for this project. This is a process-based technique where the structure includes 5 phases as well as 8 high level processes. One of the merits of PRINCE 2, is that it can be applied to any size of set up or any type of project. One of the key shortcomings of PRINCE 2 is that it does not provide and cover for any support of the project of project procurement management and human...
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...Running head: Week 2 Project Management Alesia Mason Bryant & Stratton BUSS340- Operations Management Dr. Edwards Risk is a way of measuring probability and consequence of not reaching a defined project goal. Managers and leaders have began devising risk management plans which assist them by identifying a problem and creating a plan that will help them minimize risk factors. There are four ways to address certain risks in project management. Those plans are, but not limited to strategic fit, service / product attribution, project team capability, and operations. It is safe for me to say that regardless of the risk, management has a responsibility to analyze the process and develop valid plans to help address, and / or minimize potential risk factors. With that in mind, operational risk requires more than a generalized thought process. According to research, operational risk is the risk of loss resulting from inadequate or failed processes, people and systems, or from external events. Operational risks can include legal matters, environmental factors, financial risks, cultural risks and employee / management risks [ (Operations Risk Management) ]. Owning and operating a business can be full of risks and rewards. For the most part, operations management speaks of five risks that have been proven to be the most researched and talked about. Legal risk is a risk or loss to an institution caused by defective transactions, a claim being made or some other event...
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...SESSION14:00 – 17:00 | MONDAY22/06/2015 | * Higher Mathematics 1(Gym) * Business Law (RM 1) * Advanced Project Management(RM 2) * Financial reporting and control(RM 33) * Political Science/Philosophy(RM 36) * digital communications systems(RM 33) | * Electricity and Magnetism(RM 36 & 1) * Research Methodology(Gym) * Operations Management(RM 2) * Media and Communications Ethics(RM 2) * Mobile Communications(RM 2) * Social Work Legal and practice(RM 33) * Employee Engagement (RM 33) | TUESDAY23/06/2015 | * Management Information Systems1(Gym & RM 36) * Java Programming(RM 33) * Mathematics for economics (RM 1) * Software Economics(RM 1) * Media and Society (RM 1) * Marketing(RM 2) * Human Resource Development (RM 2) * Human Rights and Development (RM 2) | * Business Communication/Communication Skills(Gym, RMs 36, 33, 2) * Project Planning and Management Software(Project) * Public Finance(RM 1) * Intermediate macroeconomics 2(RM 1) * Project Appraisal(RM 1) * Wood based Materials &Processes I(RM 1) * Financial Management(RM 1) | WEDNESDAY24/06/2015 | * Media Law(RM 1) * Introduction to Business( Gym) * Introduction to Public Administration(RM 36) * Intermediate microeconomics 1(RM 1) * Cyber Law(Gym) * Food security in Developing Countries(RM 33) * Risk Management(RM 2) * Project Design 1(RM 2) | * Sociology of Education(Gym) * Managerial Accounting (Gym) * Geographical Information...
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...Module 4 - Impementing technology Implementation Problems * Barriers to technology transfer... * Problems in the implementations of technology development projects... * Technology development project problems * Understanding costs, risks, benefits... * Understanding the application... * Lack of appropriate measures of progress... * GO/NO-GO decision making... * Communication... * Management commitment... * Slipping schedule... * Problems in implementation of developed process technology... * Developed process technology project problems * Resistance to change... * Logistics... * Inadequate resources... * Lack of appropriate measures of progress... * Communications... * Preoccupied with existing operations... * Slipping schedule... Barriers to technology transfer... Technology implementation is fraught with problems. On one hand there are a number of factors encouraging technological change. The potential benefits of the technology itself and the evangelistic endeavors of the technology experts push for change. The needs and frustrations of the user can provide a "market pull". However, these factors must have enough energy to break through the barriers to technology transfer that form a wall of resistance to change. The more that can be done to reduce or eliminate the barriers to technology transfer, the greater chance that the energy provided...
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...University of Hong Kong Associate of Business Administration (Financial Services) | CM 20458Investment Banking | | | Program: Associate of Business Administration (Financial Services) Course: Investment Banking Course Code: CM 20248 Tutorial Group: T03 (Monday) Tutor: Mr. Joseph MOHAN Date of submission: 5 November, 2010 Word Count: | | | | | | | | | | | | | | | | | | Investment Banking ________________________________________________________________________________________________________ Content * Proposal Purpose……………………………………………… | P. 3 | * Background of the Hong Kong-Zhuhai-Macao Bridge………. | P. 4 | * Benefit created by the HZMB………………………………… | P. 5 - 6 | * Financing Model of the HZMB……………………………...... | P. 6 – 7 | * Sponsors of the HZMB……………………………………...... | P. 8 | * Syndication Strategy………………………………………….. | P. 9 | * Risk Allocation Strategy. …… . . ……. . .…………………… | P. 10 | * Term Sheet. . . . . . .… . .…… . .…………………… .……… . | P. 11 – 12 | * Potential Risks and Risk Management…………………………. | P. 13 - 14 | * Conclusion……………………………………………………...
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...Course: Date: Opening Cooking Classes Project Synopsis A project is a mutual enterprise that involves research and design. A Project is particularly planned in order to achieve the purpose it is aimed. A project can be termed as a series of activities aimed at addressing a particular issue or task. Bernes & Noble (2) state that a project is temporary because it has a start and end time; hence, has a defined scope and resource. A project has a set of objectives, which involves the accomplishment of a specific goal. This project is focused on taking cookery classes for interested people. Project management revolves around the application of facts, skills and techniques to execute a project effectively and efficiently. It outlines the path to undertake in the introduction of a desired change (Bernes & Noble 5). In this project, the path is to impart cookery knowledge to interested students. This is undertaken to create a unique service of imparting cookery knowledge. Project management involves the undertaking of projects in a number of stages, which entail the project lifecycle. The project at hand is a cooking project. The project aims at starting classes to teach cooking to interested people. The project follows certain stages that include project initiation, planning, execution, monitoring and evaluation and project closure. Discussion Project Initiation Project initiation involves exploring the ideas of a project and elaborating them. It is also known as...
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