MBA643_T1_2021_Assessment_3 Page 1 XXXXXXXXXXKaplan Business School Assessment Outline Assessment 3 Information Subject Code: MBA643 Subject Name: Project Initiation, Planning and Execution Assessment...

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MBA643_T1_2021_Assessment_3 Page 1 Kaplan Business School Assessment Outline Assessment 3 Information Subject Code: MBA643 Subject Name: Project Initiation, Planning and Execution Assessment Title: Individual Report Assessment Type: Report Word Count: 1000 Words (+/-10%) Weighting: 40 % Total Marks: 40 Submission: Via Turnitin, Due Date: Tuesday, Week 13, 23:55pm AEST Your Task This assessment is made up of two parts: • Part A students are asked to imagine they have been engaged by a Renewable Energy (utilities) company to develop a report on key aspects of project risk management and how they might be used in proposed future projects in order to manage and limit risk. In Part A you are asked to write a report based on one of the below companies: Infigenergy: https://www.infigenenergy.com/ Tilt Renewables: https://www.tiltrenewables.com/ The company you will analyse will depend on the LAST digit of your student number: o 0 and 5 = Tilt Renewables Infigenergy o 6 and 9 = Infigenergy • In Part B you are asked to conduct a capital budgeting analysis for the second company Tilt Renewables. Answer the short answer questions. https://www.infigenenergy.com/ https://www.tiltrenewables.com/ Page 2 Kaplan Business School Assessment Outline Assessment Description. PART A (20 marks) The report should begin with a short executive summary and conclude with several, short general recommendations. The content you include in the report should link the project management principles detailed below with the practices of the renewable energy company you have been allocated. The topics on which students need to make recommendations in their report include: i) Project selection – How should the company you select determine what projects to undertake and what ones to avoid? What tools, measures, and practices are available to project analysts in this industry? ii) Cost management – What is the role of project cost management for your chosen company? Why is it important? What strategies or approaches should the company you have chosen adopt in order to effectively manage project costs? iii) Funding – What funding measures or options are generally available to assist companies like the one you have chosen to fund proposed new projects? The report should include reference to any implications associated with different funding types or models. iv) Implementation and winding up – Are there any particular issues associated with commencing a project that your company must consider? Why are they important? Who do they impact or affect? What happens when the project finishes? How are projects wound up? Do they just end or are there resource or infrastructure considerations? Are there environmental issues associated with the end of a project? Where possible, students should relate each section back to the renewable energy company they have been allocated. The executive summary should bring together general recommendations for the student’s chosen company relating to i)-iv). Students should provide between 100-200 words per topic, together with approximately 200 words in total for the executive summary and final recommendations. Page 3 Kaplan Business School Assessment Outline PART B (20 marks) Consider the following three sources and answer the following questions directly. You do not need to write a lot for each question and for some you will need to use excel calculations. Submit you excel spreadsheet together with your report in the separate submission inbox on the assessment table. Source 1: Tilt Renewables Snowtown North Solar Energy Farm https://www.tiltrenewables.com/assets-and-projects/Snowtown-North-Solar-Energy-Farm/ Source 2: Tilt Renewables (TLT.NZ) Yahoo Finance https://au.finance.yahoo.com/quote/TLT.NZ/ Source 3: Tilt Renewables Financials https://au.finance.yahoo.com/quote/TLT.NZ/financials?p=TLT.NZ You have been employed as a project manager by Tilt Renewables and asked to evaluate a solar farm project at Snowtown run by Tilt Energy (See Source 1). You have been asked to evaluate whether Tilt Renewables should undertake the Snowtown North Solar Energy Farm based on the above sources. Assume this project has not yet been approved. • Assume this is a twenty-five-year project. • Consult source 1 for the estimated initial outlay/investment today (year 0) • The investment will be depreciated on a straight-line basis over twenty-five years to 0 book value. It is estimated that the solar farm can be sold at the end of year 25 for $10 million. • The solar farm will sell $15,000,000 worth of electricity each year into the grid from year 1-25 • Operating expenses for 25 years are $5.50 per solar panel per year (see number of solar panels from Source 1) • The tax rate is 30%. All cash flows are annual and are received at the end of the year. The discount rate is 10%. a) Based on the above information calculate the FCFs of the project. (10 marks) b) Calculate the NPV for the solar farm. Should Tilt Renewables undertake this project? (5 marks) c) Does the NPV take into account the CO2 emission reductions that the project will lead to (See Source 1)? Should it take this into account? Why or why not? (2 marks) d) What is the debt to equity ratio in 2019 of Tilt Renewables according to source 3? How does this compare to other utility companies? What is the current share price according to Source 2 and when were shares first issued? (3 marks) https://www.tiltrenewables.com/assets-and-projects/Snowtown-North-Solar-Energy-Farm/ https://au.finance.yahoo.com/quote/TLT.NZ/ https://au.finance.yahoo.com/quote/TLT.NZ/financials?p=TLT.NZ Page 4 Kaplan Business School Assessment Outline Assessment Rubric (Part A) The following rubric will be used for Part A. Part B will be marked based on your responses to each question. Integrate project management theory with real-world company practices to make actionable recommendations on below topics Criteria Requirement Marks Available i) Project Selection Describe tools and practices used to select a project for the chosen company. Analyse an example of the practices used by your chosen to company to select between projects. 200-400 words 3 marks ii) Cost Management Describe the role and importance of a cost manager and strategies to manage project costs. Recommend cost management strategies that your company should undertake with reference to theory and real-world data 200-400 words 4 marks iii) Funding Describe the sources of funding for projects and the benefits or costs of that funding (see topic 8). Evaluate what funding options are available to your chosen company and determine the implications of these options. 200-400 words 4 marks iv) Implementation and winding up Outline the process and issues associated with starting and finishing a project. Evaluate resource, infrastructure and environmental issues to do with your company’s project implementations and make any relevant recommendations. 200-400 words 4 marks Summarise recommendations for project risk management for your company with reference to the analysis conducted in the relevant topics Page 5 Kaplan Business School Assessment Outline Executive Summary, Conclusion and Recommendation The summary should briefly describe the main issues you identified in each section BUT MOST IMPORTANTLY recommend to your chosen company the main things they MUST consider when managing/limiting risk in a project. This is about applying what you have learnt to ADVISE what key things they need to focus om 3 marks Conduct relevant research of project management literature and market data and information relevant to your company. Acknowledge your sources. Appropriate in-text Harvard Referencing and reference list You must reference in text and have a reference list at the end of your assignment. See Harvard referencing guide on Academic Success Centre portal page. 2 marks Important Study Information Page 6 Kaplan Business School Assessment Outline Academic Integrity Policy KBS values academic integrity. All students must understand the meaning and consequences of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct Policy. What is academic integrity and misconduct? What are the penalties for academic misconduct? What are the late penalties? How can I appeal my grade? Click here for answers to these questions: http://www.kbs.edu.au/current-students/student-policies/. Word Limits for Written Assessments Submissions that exceed the word limit by more than 10% will cease to be marked from the point at which that limit is exceeded. Study Assistance Students may seek study assistance from their local Academic Learning Advisor or refer to the resources on the MyKBS Academic Success Centre page. Click here for this information. http://www.kbs.edu.au/current-students/student-policies/ https://elearning.kbs.edu.au/course/view.php?id=1481
Answered 6 days AfterMay 31, 2021MBA643

Answer To: MBA643_T1_2021_Assessment_3 Page 1 XXXXXXXXXXKaplan Business School Assessment Outline Assessment 3...

Shubham answered on Jun 04 2021
128 Votes
MY PROJECT - TILT RENEWABLES INFIGENERGY
Table of Contents
Part A    3
1. Executive Summary    3
2. Introduction    3
3. Project Selection    3
4. Cost Management    4
5. Funding    4
6. Implementation and Winding Up    5
7. Recommendations    5
8. Conclusion    5
9. References    6
Part B    7
a.    7
b.    7
c.    7
d.    7
Part A
1. Executive S
ummary
The report includes application of learning outcomes while doing the project analysis for Tilt renewables. The company undertakes project related to generation of electricity through renewable source. There are various stages, which need to be studied before finalising any project. The foremost to start with is project selection, which helps to rate the project, based on priority ratings. Then project cost management plan is made in the form of budgetary report, which help to track the completion level and off track activities with costs incurred.
Without funds, it is not possible to go ahead with the project, which is being worked with analysing finding options. The implementation strategy and winding up of the project need to be worked out so that the ways the project will be made to work is clear and the winding up the project is the last stage in the project management. It relates with final touch up, paper work and releasing of resources from the site handing it to the company who gave the project.
The later part deals with recommendations, which indicates that Tilt renewables should pick the projects of solar energy first so that they can gain experience and use that to cater the wind energy projects.
2. Introduction
Tilt Renewables was founded in the year 2016 with a vision to provide cleaner and greener future and contribute to the world with the best they can. They follow more innovative and balance approach in business processes to provide renewable energy solutions and plans to invest in wind and solar energy projects in future.
3. Project Selection
It is a process to assess the project ideas and selecting the one with highest priority for the company. Tilt renewables select the projects, which involves use of wind or solar energy to generate electricity. Besides the project details environmental regulations will also be followed while going through selection process (Silvius, 2017).
For onshore wind energy projects, the wind class will be identified with the speed of the wind. It will also be evaluated that there is not any turbulence, which obstruct the wind flow, as it will reduce the access to the site and create hindrance in the efficient functioning of the turbine. As indicated by Solangi et.al (2019) the site should not be located in the interiors of a valley or bottom of the hill. The best location is open fields, high mountains or edges of water bodies. For offshore sites, wind turbines need to be designed specifically to manage wind shear.
The sun is the source of maintaining heat and temperature on earth gives sunlight, which is used in the form of solar energy. While selecting solar energy projects, the site will be finalised, based on number of sunny days in that area and the daily values of radiation received. These factors are also important for the purpose of investment decisions (Kivila, Martinsuo &...
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