(a) Draw a project network. (Submit a file with a maximum size of 1 MB.) Choose File no fie selected
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- Explain the concept of project feasibility analysis. What key factors determine the feasibility of a project?2. Evaluate project alternatives by applying engineering economic principles and methods and select the one that is economically efficient 3. Deal with risk and uncertainty in project outcomes by applying the basic economic decision-making concepts. In our Course Outcome 2 and 3, explain why do we have to evaluate project alternatives when it comes to selecting the best project or decision? How can we apply engineering economic principles in dealing with risk and uncertainty in our real life and in our future careers . Site one situation.2. Assume the founders weigh a project ’ s NPV twice as much as both obtaining/retaining a leadership position and making use of the Internet. Use the weighted factor scoring method to rank these projects. Which projects would you recommend Handstar pursue?
- How should Santosh go about completing a feasibility analysis for dragon karate sports using the four phases: 1. Industry/market analysis 2. Product/service analysis 3. Financial analysis 4. Entrepreneur analysisExplain the concept of project feasibility analysis. What are the key factors that determine whether a project is feasible or not?Answer all the following questions based on Table 2 (a) Feasibility studies for a project is an early study before the project begins. List and briefly explain the feasibility processes. (b) Walkers Corporation is analyzing three capital projects with expected cash flows given in the Table 2 below. Each cash flow with an estimated of five years life and four year life. Interest rate of the cash flows is 10 % per annum. The Walkers Corporation uses investment appraisal techniques which is Payback Method. Analyze the appropriate calculations under the investment techniques stated above and give reasons for your investment advice. Table 2 Year Projects / Cash Flow (RM) Delta Gamma Beta 0 (250,000) (450,000) (650,000) 1 60,000 110,000 150,000 2 60,000 130,000 150,000 3 60,000 160,000 150,000 4 60,000 190,000 150,000 5 60,000 - 150,000
- how Monitor Project Planning Parameters (Project Manager/Project Members)III. Risks and Feasibility This section of your report identifies risks and confirms the feasibility of the information systems development project. Project feasibility analysis verifies whether a project may be started and successfully completed. Your report should address the feasibility issues listed below. Start by clearly describing what issues are addressed by each feasibility category (see the relevant definitions in the textbook), and discuss the feasibility of the project with respect to each category. Determine organizational and cultural feasibility. This evaluates organizational and cultural issues to identify potential risks for the new system. See pp. 269–270 of the textbook for examples of potential issues.Note: the textbook does not provide an exhaustive list of possibilities!Note: ‘organization’ in this context refers to the Car Sharing community—all stakeholders, but particularly members and prospective members. Assess technological feasibility. See p. 270 of the…Critically assess and comment on the success of the project from the followingviewpoints aline with a project To enhance Sports development by providing assistance to sports clubs and teams in St. Catherine North Central by providing them with the necessary gears and equipment for whichever Sporting disciple that they may part-take in. c. Level or degree of customer/user satisfaction of results and outcomesd. Value created for the organization.
- 1. What are the steps involved in a project feasibility study? Discuss each. 2. Why does project feasibility include a project cost estimate?What are the questions to ask to estimate the viability of a DMAIC projectExplain the processes and/or activities that a project team used to deliver aquality service, result, or product to the sponsor, customers, and users for a sport programme