SBM3307 Project Development and Optimisation

Assessment Brief

Asia Pacific International College

Unit Code and Title:SBM3307 Project Development and Optimisation

Assessment Overview

Assessment Task	Weighting	Due	Length	ULO
Assessment 1: Online Quiz Individual, Closed book	40% = (8 x 5%)	Week 2, Week3, Week4, Week 5, Week6, Week7, Week8, Week9,	10 mins each	ULO1,2
Assessment 2: Project Report Group, Staged submissions Part A Part B	30% = (15%) (15%)	Week 6 Week 12	2000 words 2000 words	ULO1,2,3,4,5
Assessment 3: Case Study Individual	30%	Week 10	1500 words	ULO1,2,3 and 4

Assessment 1: Online Quiz

Due date:	Week 2, Week3, Week4, Week 5, Week6, Week7, Week8, Week9,
Group/individual:	Individual
Word count / Time provided:	10 minutes
Weighting:	(8 x 5%) = 40%
Unit Learning Outcomes:	ULO1

Assessment Details:

These weekly quizzes will assess your knowledge of key concepts discussed during sessions and mentioned in pre-recorded weekly lectures. For successful completion of the quiz, you are required to study the material provided (lecture slides, tutorials, and reading materials), engage in the unit’s activities, and in the discussion forums. The prescribed textbook is the main reference along with the recommended reading material. By completing this assessment successfully, you will be able to identify key aspects of scope management as per best project management practices. This will then help in achieving ULO1 and ULO2 and ULO-3.

Marking Information: Each quiz will be marked out of 5 and will be weighted 5% of the total unit mark (40% in total).

Assessment 2: Project Report (Part A)

Due date:	Week 6
Group/individual:	Group
Word count / Time provided:	2000 words
Weighting:	15%
Unit Learning Outcomes:	ULO1,2, 3 and 4

Assessment Details:

This assessment is a staged submissions assessment and it should be conducted in two parts.

APIC Project Development & Optimisation Pty Ltd is considering and evaluating the various projects and you’re par to of project managers to investigate engineering economy of the following project. You are required to make recommendation whether the project is a sound capital investment or not.

Project details (Part A):

To reduce greenhouse gases and pollutant emissions, the project requires installation of new solar system with capacity 0f 50KWh electricity per day in a designated site.

This project was selected to be evaluated due to it sustainability aspect. It is also in line with Australian government’s policy to focus more on renewable energy in addressing environmental impact of climate change.

It is required to focus on cost consideration, estimate cash-flow items both inflows and outflow for each alternative. The bases of estimations for estimates should be given. It is required to decide about interest rate, project life, and other parameters that can affect economic analysis in this activity and apply one of the evaluation techniques to evaluate each alternative and select the best one.

Guidelines for writing project report:

Develop the total project cost as well as providing clear work breakdown structures (WBS).
Provide Cash flow diagrams
Provide details of any assumptions made if needed
Estimation Techniques used
Economy analysis and evaluation of the project by Present Worth (PW), or Internal rate of return (IRR)
Conclusions, findings, reasons for recommendation

Marking Criteria and Rubric: The assessment will be marked out of 100 and will be weighted 15% of the total unit mark

Marking Criteria

Not satisfactory

(0-49%) of the

criterion mark)

Satisfactory

(50-64%) of the criterion mark

Good

(65-74%) of the criterion mark

Very Good

(75-84%) of the criterion mark

Excellent

(85-100%) of the criterion mark

Cost structure description (20 marks)

Inadequate Cost structure description

Basic

Cost structure description

Exhibits a factual and/or conceptual skills for Cost structure description

Exhibits accurate and Detailed breadth and depth for Cost structure description

Displays Excellent cost structure description

Provide Cash flow diagrams(10 marks)

Inadequate Cash flow diagrams

Basic

Cash flow diagrams

Exhibits a factual and/or conceptual skills to provide Cash flow diagrams

Exhibits accurate and Detailed breadth and depth to provide cash flow diagrams

Displays

Excellent Cash flow diagrams understanding

Estimation Techniques used (10 marks)

Inadequate

Estimation

Techniques

Basic

Estimation Techniques

Exhibits a factual and/or conceptual

skills to provide

Estimation Techniques

Exhibits accurate and Detailed breadth and depth to provide Estimation Techniques

Displays

Excellent Estimation Techniques understanding

Economy analysis and evaluation of the project (20 marks)

Inadequate Economy analysis and evaluation of the case project

Basic

Economy analysis and evaluation of the case project

Exhibits a factual and/or conceptual

skills to provide Economy analysis and

evaluation

Exhibits accurate and Detailed breadth and depth to provide Economy analysis and

evaluation

Displays

Excellent Economy analysis and evaluation of the case project

Conclusions, findings, recommendation (10 marks)

Inadequate Conclusions,

findings,

recommendation

Basic

Conclusions, findings, recommendation

Exhibits a factual and/or conceptual skills of Conclusions, findings,

recommendation

Exhibits accurate and Detailed breadth and depth to provide Conclusions, findings, recommendation

Displays

Excellent Conclusions, findings,

recommendation

Academic Writing Skills (20 marks) - Evidence of good academic writing; - Free of any grammatical errors; using correct sentence structure; applying an extensive range of vocabulary; - Proper introduction and conclusion.

Inadequate

Academic Writing

skills

Basic

Academic Writing

skills

Exhibits a factual and/or conceptual skills of Academic

Writing

Exhibits accurate and Detailed breadth and

depth of Writing skills

Displays

Excellent Writing

skills

Report Structure and Presentation (10 marks) - Evidence of good report structure. Consistent formatting with suitable headings and sub-headings - Consistent use of labels, highlights, font weight

and underline, Reference list -

Appropriate Referencing using HARVARD guidelines

Inadequate Report

Structure and

Presentation skills

Basic

Report Structure and

Presentation

Exhibits a factual and/or conceptual skills of Structure and

Presentation skills

Exhibits accurate and Detailed breadth and depth of Structure and

Presentation skills

Displays

Excellent Structure and Presentation skills

Assessment 2: Project Report (Part B)

Due date:	Week 12
Group/individual:	Group
Word count / Time provided:	2000 words
Weighting:	15%
Unit Learning Outcomes:	ULO1,2, 3 and 4

Assessment Details:

This assessment is the second part of assessment 2 and it should be conducted in continuation of Assessment 2(Part A).

Project details (Part B):

At the end of assessment 2(Part A) students should have decided on the base scenario. In this assessment, students should continue the project development and optimise their case report by conducting a sensitive analysis, Identification stakeholders and their needs, understanding due diligence process. It is important that sustainability be considered during project development and optimisation process.

For sensitivity analyses, parameters should be selected, and scenarios of sensitivity analyses should be defined accordingly. For each scenario, the economic analysis should be carried out, and results should be compared and explained.

The student should also identify stakeholders, gather the information needed for stakeholders and supporters of the project by considering due diligence process.

As a project manager, your recommendations on the project is critical. In your report assessing of the project, the report should address brief on the importance of sustainability and how the stakeholders of this project to be engaged.

Guidelines for writing project report:

1) Identification and Justifications of parameters used in the sensitivity analysis 2) Conduct a sensitivity analysis with respect to interest rate and economic analysis.

Identify Stakeholders
Consider due diligence process and provide stakeholders engagement plan
Consider project management and optimisation with focus on sustainability
Final conclusion, recommendations

Marking Criteria and Rubric: The assessment will be marked out of 100 and will be weighted 15% of the total unit mark

Marking Criteria

Not satisfactory

(0-49%) of the

criterion mark)

Satisfactory

(50-64%) of the criterion mark

Good

(65-74%) of the criterion mark

Very Good

(75-84%) of the criterion mark

Excellent

(85-100%) of the criterion mark

Identification and Justifications of parameters used in the sensitivity analysis (15 marks)

Inadequate

Identification and Justifications of parameters used in the sensitivity analysis

Basic Identification and Justifications of parameters used in the sensitivity analysis

Exhibits a factual and/or conceptual

skills for Identification and Justifications of parameters used in the sensitivity analysis

Exhibits accurate & detailed breadth & depth Identification and for Justifications of parameters used in the sensitivity analysis

Displays Excellent

Identification and Justifications of parameters used in the sensitivity analysis

Conducting a sensitivity analysis and economic analysis (15 marks)

Inadequate sensitivity analysis and economic analysis

Basic sensitivity analysis and

economic analysis

Exhibits a factual and/or conceptual

skills in sensitivity analysis and economic analysis

Exhibits accurate & detailed breadth & depth in sensitivity analysis and economic analysis

Displays Excellent sensitivity analysis

and economic analysis

Identification of

Stakeholders, Considering due diligence process and providing stakeholders engagement plan (20 marks)

Inadequate

Identification of

Stakeholders, Considering due diligence process and providing stakeholders engagement plan

Basic Identification of Stakeholders, Considering due diligence process and providing stakeholders engagement plan

Exhibits a factual and/or conceptual

skills in Identification of Stakeholders, Considering due diligence process and providing stakeholders engagement plan

Exhibits accurate & detailed breadth & depth in Identification of Stakeholders, Considering due diligence process and providing stakeholders engagement plan

Displays Excellent

Identification of

Stakeholders, Considering due diligence process and providing stakeholders engagement plan

Considering project management and optimisation with focus on sustainability

(15 marks)

Inadequate Considering project management and optimisation with focus on sustainability

Basic Considering project management and optimisation with focus on sustainability

Exhibits a factual and/or conceptual

skills in Considering

project management and optimisation with focus on sustainability

Exhibits accurate & detailed breadth & depth in Considering project management and optimisation with focus on sustainability

Displays Excellent Considering project management and optimisation with focus on sustainability

Conclusions and recommendations. (15 marks)

Inadequate Conclusions and recommendations

Displays Basic Conclusions and recommendations

Exhibits a factual and/or conceptual

skills of Conclusions and recommendations

Exhibits accurate and Detailed breadth and depth in Conclusions and recommendations

Displays Excellent Conclusions and

recommendations

Writing and Presentation (20 marks) - Evidence of good academic writing;

- Free of any grammatical errors; using correct sentence structure; applying an extensive range of vocabulary; - Proper introduction and conclusion. Consistent formatting with suitable headings and subheadings - Consistent use of labels, highlights, font weight and

underline, Reference list Referencing using

HARVARD guidelines

Inadequate Writing and

Presentation skills

Basic

Writing and

Presentation skills

Exhibits a factual and/or conceptual skills of Writing and

Presentation skills

Exhibits accurate and Detailed breadth and depth in Writing and

Presentation skills

Displays Excellent

Writing and

Presentation skills

Assessment 3: Case Study

Due date:	Week 10
Group/individual:	Individual
Word count / Time provided:	1500 words
Weighting:	30%
Unit Learning Outcomes:	ULO1, ULO2,ULO3, ULO4

Assessment Details:

The assignment is designed for students to practice the Capital Budgeting Process in project management by studying real case study.

Guidelines for writing Critical Review & Evaluation:

Choose one of the following companies as your case study
1. Capital budgeting: A case study analysis of the role of formal evaluation techniques in the decision making process

The Bus Decision: A Case Study Employing Capital Budgeting and Creative Thinking

Provide background of the case study

Describe Capital Budgeting Process used in the case study.

What other factors were considered besides Capital financing and allocation functions during Capital Budgeting Process? Was there any managerial considerations and complications?

Provide critical review and evaluation. Evaluate and make recommendations in relation to the capital invested in this case study.

The Report should include:

Introduction
Body of report (background of the case study, cost structure, factors affecting decision beside the cost, critical evaluation)
Concluding section (findings, recommendations)

Marking Criteria and Rubric: The assessment will be marked out of 100 and will be weighted 30% of the total unit mark

Marking Criteria	Not Satisfactory (0-49%) of the criterion mark	Satisfactory (50-64%) of the criterion mark	Good (65-74%) of the criterion mark	Very Good (75-84%) of the criterion mark	Excellent (85-100%) of the criterion mark
Introduction (10 marks) Providing an introduction and background to the selected case study	Inadequate knowledge to provide an introduction to the project case,	Basic knowledge of writing an introduction to the case project,	Exhibits a factual and/or conceptual skills to provide introduction to the case project	Exhibits accurate & detailed breadth & depth of background of case project	Displays excellent skills in writing an introduction to the case project,
Description of Capital Budgeting Process (30 marks) Describing Capital Budgeting Process for the chosen case study. Capital financing and allocation functions	Inadequate description of capital budgeting process,	Basic knowledge of capital budgeting process,	Exhibits a factual and/or conceptual skills to describe capital budgeting process,	Exhibits accurate & detailed breadth & depth to describe capital budgeting process,	Displays Excellent skills to describe capital budgeting process,
Consideration of other factors (30 marks) Consideration of other factors, Managerial considerations and complications	Inadequate, Consideration of other factors, Managerial considerations & complications	Basic knowledge to consider other factors, Managerial considerations & complications	Exhibits a factual and/or conceptual skills to consider other factors, Managerial considerations & complications	Exhibits accurate & detailed breadth & depth to consider other factors, Managerial considerations & complications	Displays Excellent skills to consider other factors, Managerial considerations & complications
Writing and Presentation (20 marks) - Evidence of good academic writing; - Free of any grammatical errors; using correct sentence structure; applying an extensive range of vocabulary; - Proper introduction and conclusion. Consistent formatting with suitable headings and sub-headings - Consistent use of labels, highlights, font weight and underline	Inadequate Writing and Presentation skills	Basic Writing and Presentation skills	Exhibits a factual and/or conceptual skills of Writing and Presentation skills	Exhibits accurate and detailed breadth and depth in Writing and Presentation skills	Displays Excellent Writing and Presentation skills
Referencing (10 marks) - Comprehensive Reference list - Appropriate Referencing using HARVARD guidelines	Inadequate understanding of Referencing	Basic knowledge only of Referencing	Exhibits breadth and depth of understanding of developing and using Referencing	Exhibits accurate & detailed breadth & depth of understanding of developing & using Referencing	Displays Exceptional understanding of developing and using Referencing