Capella Leisure Limited: Analyzing Project Planning and Financing

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This report assesses Capella Leisure Limited's project planning, monitoring, and financing options for a new dry ski slope center in Wales. It identifies the need for clear project goals, stakeholder analysis, and effective communication policies. The report also evaluates factors influencing financing decisions, such as project length, investment size, economic conditions, and management experience. Recommendations include establishing a monitoring framework, focusing on data quality, and assigning responsibility for reporting and monitoring activities to ensure project success. The analysis considers both project planning and financial investment strategies to provide a comprehensive evaluation for Capella Leisure Limited. Desklib provides past papers and solved assignments for students.
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Running head: CAPELLA LEISURE LIMITED
Capella Leisure Limited
Name of the Student:
Name of the University:
Author’s Note:
Course ID:
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1CAPELLA LEISURE LIMITED
Table of Contents
Answer to Question (d):...................................................................................................................2
Answer to Question (e):...................................................................................................................2
Recommendations:..........................................................................................................................3
References:......................................................................................................................................4
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2CAPELLA LEISURE LIMITED
Answer to Question (d):
For project planning, Capella Leisure Limited needs to identify the goals of the project
for driving down the project to a clear path. Firstly, it needs to identify the stakeholders, which
mainly include the end users receiving the output. After the identification of stakeholders, their
needs are to be analysed, which could be obtained by interviewing the stakeholders (Harris et al.
2018). Based on the identified needs, they need to be prioritised, after which they could be used
for measuring the set goals.
In terms of project monitoring and controlling, the organisation needs to appoint a high
performing team with appropriate mix of people working to their potential, which would be the
key to assure project success. Before finalising the decision, Capella Leisure Limited needs to
understand that there might be times when stringent decisions are to be taken at delicate phases
of the progress of the project. The leaders of the organisation need to undertake effective
decisions for steering the project towards the accurate path or in drastic situation, in which
additional resource loss is encountered. Finally, open and clear communication policy needs to
be assured for overcoming the project complexities at any point of time (Papke-Shields and
Boyer-Wright 2017).
Answer to Question (e):
There are certain factors that the management of Capella Leisure Limited is required to
identify at the time of deciding between the two identified financing options:
Length of the options:
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3CAPELLA LEISURE LIMITED
If the length of the options increases, the risk related to projected revenues, cash flows
and costs rises, which might seem to be unrealistic.
Size of the investment:
Any investment that uses a substantial portion of the existing business funds is highly
risky compared to a smaller project.
Economic and market environment:
As Capella Leisure Limited has to make huge investment for undertaking the project, it
has made assumptions regarding costs, pricing and demand. However, this might lose accuracy
owing to the changing economic and market conditions (Lai, Lin and Lin 2015).
Experience of the management team:
As the management of Capella Leisure Limited is going to undertake the project in a new
dry ski slope centre in Wales, the project would carry greater risk for the organisation. This is
because the new market is unknown to the management of the organisation and hence, any
inaccurate estimation would result in loss of profitability for Capella Leisure Limited (Sullivan
and Mackenzie 2017).
Recommendations:
Based on the above discussion, it is recommended to the management of Capella Leisure
Limited to set a system in place at the stage of planning and accordingly, follow-up could be
undertaken. In case, there is clear definition of the monitoring framework, there might not be any
need for huge amount of data collection. Thus, the management of the organisation needs to
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4CAPELLA LEISURE LIMITED
concentrate on the overall data quality for assuring relevance. Finally, the organisation needs to
recruit a particular individual for all types of reporting and monitoring activities for assuring that
the project stages are continued without any sort of interferences.
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5CAPELLA LEISURE LIMITED
References:
Harris, J.L., Roussel, L.A., Dearman, C. and Thomas, T., 2018. Project planning and
management. Jones & Bartlett Learning.
Lai, Y.L., Lin, F.J. and Lin, Y.H., 2015. Factors affecting firm's R&D investment
decisions. Journal of Business Research, 68(4), pp.840-844.
Papke-Shields, K.E. and Boyer-Wright, K.M., 2017. Strategic planning characteristics applied to
project management. International Journal of Project Management, 35(2), pp.169-179.
Sullivan, R. and Mackenzie, C. eds., 2017. Responsible investment. Routledge.
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