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Accounting Project - financial analysis, real life decision
We must come up with a real life financial situation and perform a detailed financial analysis using financial tools from the course. Two examples given would be lease vs buy a car or rent vs buy a condo. Calculations required would be NPV, IRR, Payback, Accrual Accounting Rate of Return. Any ideas for "situation" that would fit this type of analysis other than those already provided? They could be a personal financial decision or for a family or family business.
Describe how to estimate effort. Discuss why it is so important to estimate projects correctly.
The Work Breakdown Structure (WBS) subdivides the scope of work into manageable work packages that can be reliably estimated and assigned to a responsible person for completion. Discuss five uses of a WBS in Project Management
Prepare a cost of production report for July using the FIFO method of the process costing.
Show three important items that belong within a project management plan, and the importance of breaking the project into phases.
Explain how do you get started and what methods help in scheduling? Is there the same kind of team process involved as in building the WBS?
Purpose a production budget for the second quarter of the year and purpose a budget for the second quarter of the year showing the projected cost of the direct materials (plastic) that will be needed.
Assuming the firm faces a 30% tax rate, calculate the project's annual project free cash flow (FCF) for each of the next five years.
Concept of Change Management Process in a Project - Explain the concept of the change management process within a project.
Also, speculate the deliverables you would provide if you are working on the project.
What is the function of a project budget? Explain the difference between a Cost Account Budget and a Time Phased Budget?
Discuss the importance of strategic alignment in project management.
What are the responsibilities of a project manager in a matrix-type organization? What about project-type organizations?
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