a) Describe the key characteristics of a feasibility study, including anexample of the tasks that need to be undertaken and techniquesemployed.b) Table Q4b. shows data obtained using the scoring method in a projectselection exercise.(i)Describe clearly how the scoring method works, using table Q4b. asan example upon which to base your description.(ii) The project manager must select one project only. State whichproject, the project manager should select (Project A, Project B orProject C) and provide a justification based on the data provided inTable Q4b.Weighted Score (= Score x Weighting)CriterionWeightProject AProject BProject CCriterion 1MandatoryYesYesNoCriterion 2109 x 10 = 908x 10 = 809 x 10 = 90Criterion 389 x 8 = 728 x 8 = 649 x 8 = 72Criterion 466х6- 367x 6 = 429 x 6 = 54Criterion 547x 4 = 288x 4 = 329 x 4 = 36Total Score226218252Table Q4bc) In Industry and commerce, it is common to classify estimates accordingto three different levels of detail and accuracy. c) In Industry and commerce, it is common to classify estimates accordingto three different levels of detail and accuracy.(i) List the term used for each of the three estimate classificationtypes, and state the level of accuracy associated with each (as apercentage).(ii) Estimating classifications relate quite closely to the project lifecyclephases.classifications mapped to the project lifecycle (Estimating CostingContinuum). Your diagram should include axis depicting; the level ofaccuracy of the estimate and the cost of producing the estimateacross the project lifecycle.Provide a diagram depicting the different estimate

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Practical Management Science

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quetion 1 a)What is a burn-down chart? What purpose does it serve? b)Why should a project manager be concerned with monitoring a project’s progress? c) Describe how the SPI and CPI can be used to forecast the final cost of a project?
Deavyanne Johnston, the engineering manager at TZO Chemicals, wants to complete an alternative evaluation study. She asked the finance manager for the corporate MARR. The finance manager gave her some data on the project and stated that all projects must clear their average (pooled) cost by at least 4%. a. Use the data to determine the minimum MARR.b. The study is after-taxes and part (a) provided the before-tax MARR.Determine the correct MARR to use if Te was 32% last year and the finance manager meant that the 4% above the cost is for after-tax evaluations.
RESEARCH TOPICS1. The difference between project feasibility and project appraisal and their significance toproject sustainability2. The interplay between the project components (Cost, time, scope and quality) and thesignificance to project performance and sustainability3. Report writing process and utility of project report to project management
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Read the below marketing problem carefully, Then build and formulate a linear programming model for this problem using the editor and insert a table to represent the new spreadsheet model. Make sure to use color-coding to differentiate between data cells, decision cells, and the main objectives. The Super Grain Corporation is facing a daunting challenge how to break into an already overly crowded breakfast cereal "Crunchy Start" market in a big way. The Management has has decided to design a nationwide promotional campaign that will achieve the largest possible exposure for Crunchy Start. Super Grain Corporation has identified the three most effective advertising media for this product: • Television commercials on Saturday morning programs for children. • Advertisements in food and family-oriented magazines. Advertisements in Sunday supplements of major newspapers. Super Grain also decided on the the below limited resources/restrictions in the problem • Advertising budget ($4 million).…
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Answer all the following questions based on Table 2 (a) Feasibility studies for a project is an early study before the project begins. List and briefly explain the feasibility processes. (b) Walkers Corporation is analyzing three capital projects with expected cash flows given in the Table 2 below. Each cash flow with an estimated of five years life and four year life. Interest rate of the cash flows is 10 % per annum. The Walkers Corporation uses investment appraisal techniques which is Payback Method. Analyze the appropriate calculations under the investment techniques stated above and give reasons for your investment advice. Table 2 Year Projects / Cash Flow (RM) Delta Gamma Beta 0 (250,000) (450,000) (650,000) 1 60,000 110,000 150,000 2 60,000 130,000 150,000 3 60,000 160,000 150,000 4 60,000 190,000 150,000 5 60,000 - 150,000
Thank you for the insight. In such a question, does the fact that certain data in terms of amounts involved, require any calculations a regards fully appraising this PPP? considering this portion of the question with the referred data provide "The total project cost is US$ 649,976,167, broken down as follows: (a) US$ 577.38 million is the total cost of construction; (b) US$ 1,000,000 for working capital; (c) US$ 1,849,500 for finance costs; and (d) US$ 69.74 million) for interest during the construction period. Using the six factor characteristic model highlighted for a successful implementation of a PPP, appraise the Dual Carriage Way PPP." or we are safe to overlook this?
How Can You Get to a Backlog of over 100 Projects? There are never enough resources to get everything done." Backlogs build over time. Sacred cow projects get included in the selection system. Projects proposed from people who have left the airline stil reside in the project portfolio. Non-value-added projects somehow make their way into the project portfolio. Soon the queue gets longer. With everyone in IT working on too many projects concurrently, project completion and productivity are slow. Which Projects Remain? To cut the number of projects, the steering committee used a weighting scheme that reflected the airline's priorities, which were: fly safe, generate revenue, reduce costs, and customer service. The weighting scheme easily weeded out the fluff. Coady noted that "by the time you get to the 20s the margin of differentiation gets narrower and narrower." Of the remaining projects, project sponsors had to have solid justification why their project is important. Reduction of the…
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a) Describe the key characteristics of a feasibility study, including an example of the tasks that need to be undertaken and techniques employed.