Project Management

Running Head: PROJECT MANAGEMENT
BUS353e: Project Management
Name of the Student
Name of the University

1PROJECT MANAGEMENT
Table of Contents
Section 1..........................................................................................................................................2
Question 1....................................................................................................................................2
Question 2....................................................................................................................................3
Answer to a..............................................................................................................................3
Answer to b..............................................................................................................................4
Answer to c..............................................................................................................................5
Section 2..........................................................................................................................................5
Question 3....................................................................................................................................5
Answer to a..............................................................................................................................5
Answer to b..............................................................................................................................6
Section 3..........................................................................................................................................7
Question 4....................................................................................................................................7
Answer to a..............................................................................................................................7
Answer to b............................................................................................................................10
Answer to C...........................................................................................................................10
Section 4........................................................................................................................................11
Question 5..................................................................................................................................11
Answer to a............................................................................................................................11
Answer to b............................................................................................................................12
Bibliography..................................................................................................................................14

2PROJECT MANAGEMENT
Section 1
Question 1
The project classification and consideration for classification are shown in the following
table.
Project Classification Consideration
Project A Strategic The new service will
significantly enhance the
strategic direction of the
polyclinic
Project B Operational This project will enhance the
operations of the polyclinic
Project C Compliance This project ensures the
compliance with Singapore
Quality Class (SQC) certification
Project D Operational This project adds a new
dimension to the operational
aspect of the polyclinic
Project E Compliance This project ensures compliance
with Personal Data Protection
Act (PDPA) policies and
processes
Project F Strategic This project is completely
strategic in nature

3PROJECT MANAGEMENT
Question 2
Answer to a
The payback period calculation is shown in the following tables.
Project A
Year Cash Flow Cumulative Cash Flow Payback (Years)
0 -250,000 -250000
1 55000 -195000
2 55000 -140000
3 55000 -85000
4 55000 -30000
5 55000 25000 4.545454545
6 55000 80000 4.545454545
Hence, the total payback period for this project is 4.55 years. In addition, from the
calculation in the excel sheet, it has been found that the rate of return for this project is 9%.
Project B
Year Cash Flow Cumulative Cash Flow Payback (Years)
0 -350000 -350000
1 90000 -260000
2 90000 -170000
3 90000 -80000
4 90000 10000 3.888888889
5 90000 100000 3.888888889