Project Risk, Finance, and Monitoring

Running head: PROJECT RISK, FINANCE, AND MONITORING 1
Project risk, finance and monitoring:
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PROJECT RISK, FINANCE, AND MONITORING 2
Executive Summary
Apple Inc. is a computer technology company located in California, America. It was
founded in April 1976, by Ronald Wayne, Steve Wozniak, and Steve Jobs. The Company
designs, manufacture, and sells computer hardware, software, and online services. It is
considered one of the biggest technology company across the world. The purpose of this report is
to provide a concise description of the project selection, funding, cost management,
implementation process used by Apple Inc. It also analyzes the NPV and FCFs for the projects
including the recommendation for the company. The company involves the stakeholders, project
managers, and agency management when undertaking selection. The project analysts used
benefits and feasibility to identify the project with the highest priority. The tool used by the
analyst is project selection matrix. Moreover, Apple Inc. acquires its funding from retained
earnings and debt financing. However, the retained is believed to be the best source of funding.
Furthermore, the Apple Inc. cost managers ensure an adequate supply of finance using the
following strategies: production of estimates, the achievement of baseline, and establishment of
the control method.

PROJECT RISK, FINANCE, AND MONITORING 3
Project risk, finance, and monitoring
Apple Inc. multinational technology company located in California, America. It was
founded in April 1976, by Ronald Wayne, Steve Wozniak, and Steve Jobs. The Company design,
manufacture, and sells computer hardware, software, and online services. It is considered one of
the biggest technology company across the world. The purpose of this report is to provide a
concise description of the project selection, funding, cost management, implementation process
used by Apple Inc. It also analyzes the NPV and FCFs for the projects including a
recommendation for the company.
Project selection
Project Selection is a process undertaken by a company to evaluate every project idea and
choose the most important project based on its description. To achieve successful projection
selection, the following personnel are normally involved: The project manager, stakeholders, and
agency management. Apple Inc. selects a project with the highest priority based on the following
factors :(I) project`s benefits – this is a measure of the positive results or outcomes of the project.
In most cases, they are often pronounced as "the reasons why the project is undertaken"
(Schaeffer, & Cruz-Reyes, 2016). The types of benefits of the project are biodiversity; Social and
cultural; fulfilling commitments made as part of national, regional or international plans and
agreements; and economic.(ii) project feasibility –this is a measure of the possibility of the
project to succeed, i.e. achieving its objectives. Projects normally vary greatly in terms of
complexity and risk. By considering project feasibility when selecting the appropriate projects it
means the simplest projects with many benefits are given highest priority (Danneels, &
Kleinschmidt, 2015). Apple Inc. used present value, net present value, benefit-cost ratio, and
payback period methods to measure the benefits of the project (Karasakal, & Aker,