Solar Powered Outdoor Lighting Project Analysis

The assignment is about evaluating the profitability of a new solar-powered outdoor lighting product and conducting research on project management methodologies. It consists of two parts: Part 1 requires calculation of the net present value (NPV) of the investment and determining whether it's worthwhile, while Part 2 involves researching three project management methodologies, their advantages/disadvantages, and areas of application, as well as creating a risk mitigation plan for a final year project.

FACULTY OF COMPUTING, ENGINEERING and SCIENCE
Assessment Cover Sheet and Feedback Form
2016/17
Learning Outcomes
This assignment addresses the following learning
outcome(s) of the module:
See your respective module
Marking Scheme Marks
Available
Marks
Awarded
Part 1 40
Part 2 40
Report quality (Presentation, spelling, referencing etc.) 20
Section C : Marker’s Feedback

Lecturer’s Comments:
Areas to concentrate on next time:
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Referencing Presentation
Lecturer’s signature: Date: Mark awarded:
All marks are subject to confirmation by the Board of Examiners

Assignment 2
Part 1
The following table presents the projected revenues and costs of a new solar
powered outdoor lighting product.
YEAR 2016 2017 2018 2019 2020
Initial
Investment
£30,000 £0 £0 £0 £0
Marketing
costs
£5,000 £10,000 £5,000 £5,000 £2,000
Production
costs
£10,000 £15,000 £15,000 £15,000 £15,000
Sales
(number of
units)
0 100 300 300 500
Price per unit £220 £220 £200 £180 £150
Assuming interest rates are predicted at i=6% calculate:
1. Net present Value (NPV).
2. Is the project investment worthwhile? Justify you answer.
Part 2
1. Conduct a short research essay on project management methodologies
(include at least three of them) and elaborate on their
advantages/disadvantages and areas of application (do not exceed 1000
words).
2. Produce a risk mitigation plan for your final year project. Make sure you state
any assumptions you make in your plan.