ASSIGNMENT BSIT-3D
- Read the report “2015 Pulse of the Profession. Capturing the Value of Project Management” by PMI mentioned in the What Went Right section, page 194 of the 8th Edition of the book. Summarize the key points on this study and your opinion of it. Describe some specific steps organization can take to provide a supportive culture for project management.
- Project managers must lead by example to demonstrate the importance of creating good project plans and then following them in project execution. The project manager always have a good communications to the team to become more interesting to work and finish the project on time.
- Project managers often create plans for things they need to do themselves. The project manager are need to create a plan to because if you have a plan you know what need to do and what don’t need to do.
- They need to make sure that everyone fully understands the value of project management. Because if you know the value of project management it easy to you to organize the project and make the project finish on the right time..
2. Perform a financial analysis for a project using the format provided in the book(IT Project Management, Revised 6e). Assume that the projected costs and benefits for this project are spread over four years as follows: Estimated costs are $200,000 in Year 1 and $30,000 each year in Years 2, 3, and 4. Estimated benefits are $0 in Year 1 and $100,000 each year in Years 2, 3, and 4. Use a 9 percent discount rate, and round the discount factors to two decimal places. Create a spreadsheet or use the business case financials template on the companion Web site to calculate and clearly display the NPV, ROI, and year in which payback occurs. In addition, write a paragraph explaining whether you would recommend investing in this project, based on your financial analysis.

Your not recommended to invest this project because according to financial analysis the ROI is -9% it means your money will not back after 4 years.