SBM3307 Project Development and Optimisation - Assessment 2

Assessment 2: Project Report

Project details (Part A):
To reduce greenhouse gases and pollutant emissions, the project requires installation of new solar system with capacity of 100KWh 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 Part A:

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

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 students 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 are 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 Part B:

1. Identification and Justifications of parameters used in the sensitivity analysis.
2. Conduct a sensitivity analysis with respect to interest rate and economic analysis.
3. Identify Stakeholders and prepare a Stakeholder register.
4. Consider due diligence process and provide stakeholders engagement plan.
5. Consider project management and optimisation with focus on sustainability.
6. Conclusions, findings, reasons for recommendation.