What would your recommendation

Assignment Help Project Management

Reference no: EM133220823

Engineering Project Management Assignment:

Please answer the following questions in your own terms:

Discuss why we need project management principles?

Discuss briefly the four dimensions of a project?

Identify the three project objectives?

A 4 - year financial project has estimates of net cash flows shown in the following table:

YEAR	NET CASH FLOW
1	$20,000
2	$25,000
3	$30,000
4	$35,000

It will cost $ 65,000 to implement the project, all of which must be invested at the beginning of the project. After the fourth year, the project will have no residual value. Using the most likely estimates of cash flows, conduct a discounted cash flow calculation assuming a 20 percent rate of return with no inflation. (You may use either Excel or a paper - and - pencil calculation.) What is the NPV of the project?

Use a weighted score model to choose between three methods (A, B, C) of financing the acquisition of a major competitor. The relative weights for each criterion are shown in the following table as are the scores for each location on each criterion. A score of 1 represents unfavorable, 2 satisfactory, and 3 favorable. What method should be selected?

CATEGORY	WEIGHT	A	B	C
Consulting Costs	20	1	2	3
Acquisition Time	20	2	3	1
Disruption	10	2	1	3
Cultural Differences	10	3	3	2
Skill Redundancies	10	2	1	1
Implementation Risks	25	1	2	3
Infrastructure	10	2	2	2

Develop a spreadsheet for Problem 5.

Question (a) What would your recommendation be if the weight for the implementation risks went down to 10 and the weight of cultural differences went up to 25?

Question (b) Suppose instead that method A received a score of 3 for implementation risks. Would your recommendation change under these circumstances?

Question (c) The vice president of finance has looked at your original scoring model and feels that tax consider aps should be included in the model with a weight of 15. In addition, the VP has scored the methods on tax considerations as follows: method A received a score of 3, method B received a score of 2, and method C received a score of 1. How would this additional information affect your recommendation?

Reference no: EM133220823

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