APIC Project Development & Optimisation Pty Ltd is considering and evaluating the various projects. This project was selected to be evaluated due to it sustainability aspect. It is also in line with Australian governments policy to focus more on renewable energy in addressing environmental impact of climate change.The report should analyse the case and provide recommendations and justifications. In terms of sensitivity analysis and various parameters selected, they should be defined and justified accordingly. The report should also provide a good understanding of WBS, Gantt chart and project milestone. The report needs to identify stakeholders of the project. On information needs for stakeholders, the report is required to provide a brief planned information flow and activities to engage the stakeholders.As a project manager, your recommendations on the project is critical. Your report should briefly address brief on the importance of sustainability and how the stakeholders of this project to be engaged.The recommendations should follow the suggested guidelines below:1) Provide explanation in term of conducing analysis, making decisions and assumptions. 2) Provide Cash flow diagrams 3) Provide details of any assumptions made if needed. 4) Conduct a sensitivity analysis with respect to interest rate and economic analysis.5) Develop the total project cost as well as providing clear work breakdown structures (WBS).6) Reasons for recommending the project 7) Develop the Gantt and project milestone 8) Stakeholder engagement*Student can select any project indicated below that is suitable for this assignment.1) Using energy efficient LED lights to replace 500 lights (100w each) 2) Installation of new solar panels for 20KWh electricity consumption per day 3) Investing in a new equipment with higher efficiency (lower running and maintenance costs) 4) Installing double-glazed glass window at homes for energy efficiency 5) Other projects selected by student consider the aspect of sustainability in your project selection. Assessment Details:In this assessment, the student would be provided a scenario in decision-making situations.In this assessment a decision-making situation about a project will be provided. The student needs to study the literature and find the best practice to analyses the situation with rationale. The team is required to focus on cost consideration, project delivery and execution from the perspective of sustainability, estimate cash-flow items both inflows and outflow for each alternative. The bases of estimations for estimates should be given. The team needs to decide about interest rate, project life, and other parameters that can affect economic analysis in this activity and apply one of the techniques to evaluate each alternative and select the best one.The student should finalize results of their last part of this assessment and conduct a sensitivity analysis for the case project. For sensitivity analyses, parameters should be selected, and scenarios of sensitivity analyses should be defined accordingly. For each scenario, the economic analysis should be done, and results should be compared and explained. The student should also provide parameters for due diligence processes and the information needs of stakeholders and supporters of the project.
The Proposed Project (Individual Project Report)
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