Assignment
Part "A"
Provide concise and clear answers to the following questions: (each Question = 10 points)
1 - Why so many projects fail?
2 - How can a government facilitate industrial growth and productivity in the country?
3 - In planning for a new project, list all the necessary steps you need to consider in creating a satisfactory plan, in proper sequential order.
4 - What are the three major Management phases to develop and operate a Project?
Part "B"
It is required to design a business plan for production and marketing of a consumer electronic product, namely A/V Receivers for the US market. Based on the following tasks and assumptions, as a project manager, you are required to develop a plan, identifying all the necessary steps in proper sequence, and strategies you need to adopt, a time-line showing the process to complete manufacturing facilities - start to full production phase - and a 5-year financial projections from start of establishing the business, showing the amount of total FUNDS you need to establish and operate this business successfully, and the ROI for this venture. Be careful: Some activities can run parallel! and many can not!
Assumptions:
Product: A/V Receiver for home entertainment /home theater use
Selling Price: $500 each
Cost of materials & Components: $100/unit
Direct Labor: 20 Persons, their salary is $5000/month
Full Production rate: 100 Units/day
Working days/Month: 25 days
O/H costs: 15%
Profit Rate: 25%
Rate of Growth for the company: 15% per year
As the production grows, the operating costs will grow with the same rate as well
The initial funding to purchase manufacturing equipment, furniture and other office facilities & remodeling of the leased buildings is = $350,000
Attachment:- Assignment.rar