Decision-Making Report: Cost-Driven Project Design at APIC

This report provides a comprehensive analysis of decision-making principles within a business context, using Asia Pacific International College (APIC) as a case study. It explores the application of cost-driven project design, emphasizing the importance of identifying and managing costs to optimize project outcomes. The report delves into project feasibility studies, including sensitivity analysis to assess the impact of various parameters such as interest rates and project life on decision-making. It also highlights the role of accounting principles in financial projection and budgeting. Overall, the report aims to provide insights into effective decision-making processes and strategies for successful project implementation and management.

Project Development
and Optimization

Introduction.
 This study is aimed at providing a detailed
discussion of the issue and the principle of decision
making and the effect of making a proper decision
has in the working of the entire world. It also discuss
different principle that can be applied to achieve an
alternative scenario according to the work provision

PRINCIPLES OF COST-DRIVEN PROJECT
DESIGN
 An effective cost management is considered as the central measure
of managing accountability. The issue of cost management includes
effective implementation as well as the provision of resources and
every process that is highlighted to ensure the highest level of
quality, reliability and effective productivity.
 This ensures that the company encores access cost as possible.
Effective cost management is about company cutting their cost of
management. It is also a cost management process that enable the
company optimize their performance

Eliminating Unnecessary Costs
 This process involves identifying additional cost of the important part
of the organization. There are two types of cost that can be incurred
first is the internal cost and the second is the external cost. This step
can be very important to reduce the cost for repairing an old
computer or even purchasing new computers from the market.
 Companies have to reduce cost by eliminating unnecessary cost and
make sure that all the expenditures are accounted for.

Project feasibility report
 In sensitivity analysis, feasibility techniques can be very useful for
gathering information particularly for decision making. It can help the
company to take proper decision that related to the development of
the business. The feasibility study is an analysis of the value of the
interest rates and the rate of projects to be done.
 It checks the benefits of both the procedure and the help this
procedures can give to an organization. In this case, the parameter
value and the model can always change. The sensitivity analysis in
broad term presents an investigation of the models. Using this model,
sensitivity analysis become easy to perform and to understand
especially by the company management.
 This has become the most and the best support for most decision
made by the management