Perform a life cycle costing calculation

Assignment Help Project Management
Reference no: EM131057130 , Length: 6

PROJECT COST MANAGEMENT - ASSIGNMENT

LIFE CYCLE COSTING

Assignment Aim - To understand and apply the processes for life cycle costing.

Assignment Details - You are contemplating the purchase of a new SUV for family use. You are to choose a new model and perform a Life Cycle Costing calculation using the Net Present Value method to determine its life cycle costs, over a period of 6 years. The vehicle is NOT to be purchased by leasing or by loan.  As the SUV is for private use only you should ignore any tax implications in your life cycle costing, but must consider the resale value.   

As a minimum you must provide the following information:

-a detailed description of ALL your assumptions

-a detailed explanation and breakdown of all costs and values used in your costing (do NOT use published all-inclusive rates per kilometre for running expenses)

-sources for ALL the data used (with sources, properly referenced or screen shots).

-a comprehensive explanation (with sources, properly referenced or screen shots) for your choice of discount rate and method for handling inflation

-a single A4 spreadsheet for the LCC which shows all the relevant costs and values for the full life cycle as well as the discounting calculations.  The spreadsheet is to be in landscape layout, titled and use the following general layout for information: 

878_Figure.png

-a detailed commentary on the outcome of the life cycle costing exercise, identifying ownership costs

The assignment is to be presented in the form of a report (including an executive summary, numbered sections and headers and footers).  The number of words must be between 1400 and 1800 in total (including any tables, contents page, headers, footers and references, but excluding the cover sheet, screen shots and the A4 spreadsheet).  The word count must be stated on the front cover.  Student marks for the assignment will be reduced where the assignment is outside the word count maximum or minimum. The amount of penalty will be related to the number of words (deduct 5 marks if up to 200 words over or under, 10 marks if 201-400 words over or under, 20 if 401-600 words over or under, 50 marks if more than 600 words over or under).

Number of Words 1500 Words / 6 Pages

Style: Chicago

References: 5.

Reference no: EM131057130

Questions Cloud

Information system and organization : Information System (IS) is the back bone of every organization. It assists an organization in many ways and in most cases proper integration of Information System into an organization triggers greater profit margins.
Change in internal energy of the system : What is the change in internal energy of the system (ΔU) if 36 kJ of heat energy is absorbed by the system and 84 kJ of work is done by the system for a certain process?
Determine the absolute and relative flow angles upstream : determine the absolute and relative flow angles upstream of the runner at the hub, mean, and tip radii.
Potential of a standard hydrogen : 1) A current of 4.72 A is passed through a Ni(NO3)2 solution. How long (in hours) would this current have to be applied to plate out 4.90 g of nickel? 2) What would the potential of a standard hydrogen (S.H.E.) electrode be if it was under the f..
Perform a life cycle costing calculation : PRJM6001 PROJECT COST MANAGEMENT - ASSIGNMENT. Assignment Details - You are contemplating the purchase of a new SUV for family use. You are to choose a new model and perform a Life Cycle Costing calculation using the Net Present Value method to det..
What is meant by the term ethnographic particulars : What is meant by the term "ethnographic particulars"? What have conversation analysts found that people generally do to "repair" the damage caused by a "dispreferred response"?
Which one increases the level of globalization in business : According to the Three-Legged Stool of Total Quality - Which of the following is a trend that will shape the future of quality management?
Provides coherent and well-designed instructions : Writing assignment #2 will be an instruction manual. For this assignment, you will write a document that provides coherent and well-designed instructions on completing a task.
Identify the second ionization of an element : How can you identify the second ionization of an element? for example aluminum. How do you tell the difference between the first and second ionization energy?

Reviews

Write a Review

Project Management Questions & Answers

  Project-type organizationswhy would a company choose to

project-type organizationswhy would a company choose to structure itself as a project-type organization and can you

  Different laws of safety standards

Different countries may have different laws and maybe some of their safety standards may be lower than ours.

  Determining the net operating cash flow

There is a variable operating cost that is 60% of sales and the company's marginal tax rate is 35%. Determine the net operating cash flow for Years 1, 2, and 3.

  Debtholders and shareholders

Which project do the debtholders prefer and which project do the shareholders prefer?

  Prepare a comprehensive project scope analysis

The conceptual development process, scope statement and statement of work that will clearly detail the projects expectation , problems , goals, objective, and aids in the projects communications with stake holders

  Organizational change communication1 think of a time when a

organizational change communication1 think of a time when a company you worked for or are familiar with went through an

  Discipling employeesa risk of discipling employees is that

discipling employeesa risk of discipling employees is that some may retaliate.to avoid that risk what organizational

  How a project risk management strategy may be constructed

The management of risk is proving to be one of the most difficult tasks for the project management profession. How can risk be managed effectively and who should be responsible for this task?

  How quality management can be incorporated into the project

Research quality management processes and systems. Explain and describe how quality management can be incorporated into the project management processes for monitoring, controlling, and auditing processes

  Communication among group members

Explain what specialized terms might not be known to outsiders and explain what topics do members talk or write about

  It project management calculationsassume you have completed

it project management calculationsassume you have completed three months of the project. the bac was 200 000 for this

  Project on annotated bibliography

Project Outline/Annotated Bibliography

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd