Project Proposal: Accounting System for Green Manure & ROI Analysis

This project proposal details the development of an accounting system for a green manure composting program, aimed at improving the economic condition of rural areas in New South Wales, Australia, while promoting ecological balance. The project focuses on managing the sale and purchase of manure, calculating return on investment (ROI), return on equity (ROE), and return on assets (ROA). It addresses the problem of inefficient income management among farmers and the environmental impact of chemical fertilizers by promoting green manure as a sustainable alternative. The proposal also highlights the potential for waste management and increased agricultural productivity through composting, aligning with the Australian government's funding criteria for small businesses. The expected outcomes include improved cost-benefit ratios, enhanced environmental cleanliness, and increased profitability for rural communities, all contributing to the long-term sustainability of agricultural practices.

Information System Project Management

Executive Summary
The Australian government is offering funds to the small business owner to expand their
organization. We are looking forward to propose a project which meets all the criteria of
Australian government to get the financial funds. In this proposal, we are going to develop an
accounting system for managing the sale and purchase of the manure, income earned in
relation to investment, calculation of return on investment (ROI), return on equity (ROE), and
return on Assets (ROA). The step should be taken to promote ecological balance by
managing agricultural and kitchen waste effectively with the proposed project of green
manure composting. The investment on the raw material supplied to the project is zero. The
green manure composting program is the best solution to resolve the problem of
environmental handling program and increasing profitability action plan for the ferment with
minimum of their efforts in investment. The accuracy in the cost management of the cost
program for the farmers helps in promoting their growth at the national level. he current
market trends of increasing productivity should be transformed with the proposed project of
green manure composting program. The arrangement of the educational program on the green
manure composting motivates the farmer to look towards it for increasing the productivity of
their farm.
The expected outcome of the project are accuracy in the cost benefit ratio, calculation of
return on investment in relation to the value of asset, the proper management of the
agricultural and the kitchen waste of the community, and promoting profit of the rural people
by sailing of the green manure.

Contents
Executive Summary...............................................................................................................................1
1. Introduction...................................................................................................................................3
2. Project Background.......................................................................................................................3
3. Key Analysis.................................................................................................................................3
4. Value Proposition..........................................................................................................................4
Business Objectives...........................................................................................................................4
Problem Definition............................................................................................................................4
Current Market Trends......................................................................................................................5
Benefit to the community..................................................................................................................6
Expected Outcome.............................................................................................................................6
5. Project Requirement......................................................................................................................7
Assumptions......................................................................................................................................7
Constraints.........................................................................................................................................7
6. Cost Matrix....................................................................................................................................7
7. Risk Identification and Management.............................................................................................8
8. Timetable.....................................................................................................................................10
WBS:...............................................................................................................................................10
Time Schedule.................................................................................................................................11
9. Conclusion:..................................................................................................................................13
10. References...............................................................................................................................14

1. Introduction
The purpose of this paper is to propose a small project for the students who are trying to get
financial help to their project from the Government of Australia. The Australian government
is offering funds to the small business owner to expand their organization. We are looking
forward to propose a project which meets all the criteria of Australian government to get the
financial funds. The Australian Government has pointed out some criteria which the proposed
project should meet to get the approval of the financial funds. The criteria which are set by
the government are
 The project should have its own unique characteristics. It should not be based on
franchises.
 The project should be completed within the period of one year
 The approved budget for the project should be less than $ 40000.
 Large profit can be generated with minimum start-up cost
 No other donation plan should be approved by other investors
In this paper, we are proposing a project of accounting system required to analyse the income
from green manure composting program for upgrading the economic condition of the rural
areas. The total budget required for the project is $ 35,560
2. Project Background
Green manure composting is the project which helps in raising the economic condition of the
rural areas people and also helps in managing ecological balance by proper handling of the
waste generated. The project is proposed for the rural areas of New South Wales, Australia to
promote earning from the agricultural wastes which is collected in the location. The
sustainability of the project can be achieved by getting approval of financial funds from the
government of Australia. It is the new source of income for the farmers. In this proposal, we
are going to develop an accounting system for managing the sale and purchase of the manure,
income earned in relation to investment , calculation of return on investment (ROI), return on
equity (ROE), and return on Assets (ROA).

3. Key Analysis
The implementation of the proposed project has positive impact on measuring the growth of
the rural people, environmental condition, preservation of the ecological balance, and
settlement of the agricultural and the kitchen waste of the surrounding. The proposed project
requires very low budget for its implementation. The chemical fertilizers which are used for
increasing the productivity of the agricultural field is directly affect the health of the common
people and give rise to many diseases like blood cancer, diabetes, and etc. The nutrients of
the vegetables and fruits are degraded with the use of chemical fertilizers (Booz, Allen, and
Hamilton, 2015). There is a single solution to these problem is to promote the green manure
composting because it will increase the quality of the nutrients present in the vegetables and
food. The environmental can be kept clean by decomposing the agricultural waste into the
development of green manure composition.
4. Value Proposition
Business Objectives
The objectives of the proposed project are as follows:
 Measuring the income earned by the sale of green manure
 Automatic system for measuring the profitability of the farmers
 It helps in managing the agricultural and the kitchen waste of the community
 Promoting profit of the rural people by sailing of the green manure
 Keeps the environment clean
 Adding nutrients to the vegetables and fruits
 Improving the quality of the food items
 Improving the yield per hectare of the agricultural farm by making use of green
manure for farming
 Earnings of the rural people can be improved
 Positive effect can be seen in the health of the common people
 Increasing the fertility of the soil
 Long term sustainability of the agricultural farms
Problem Definition
The farmers are inefficient in managing their income with accuracy there is no scheduling of
cost related activities in their daily curriculum plan. The ineffective cost management

program for the farmers can affect the working schedule due to the limitation of funds in
completing their activities. The improper management of earning will affect the growth of the
farmer (Carneige Mellon university, 2014). The farmers are unable to measure their profit
earned by them throughout the year. The proposed system helps in analysing the return of
investment which the farmer earned by establishing the plant of green manure. The excessive
use of chemical insecticides and pesticides had degraded the quality of nutrients in the fruits
and vegetables which have a direct impact on the health of the common people. The people
are get affected with diseases like cancer, diabetes, and etc. due to the poor quality of the
food item which they eat. The handling of the waste is another important step for the growth
of environment. From the recent study of environment, it has been noticed that the pollution
level of the environment is increasing with 0.5 % daily due to the inefficiency in handling
waste produced from different sources. The step should be taken to promote ecological
balance by managing agricultural and kitchen waste effectively with the proposed project of
green manure composting. The investment on the raw material supplied to the project is zero.
The green manure composting program is the best solution to resolve the problem of
environmental handling program and increasing profitability action plan for the ferment with
minimum of their efforts in investment.
Current Market Trends
The population explosion had increased the demand of agricultural products. The
productivity of the agricultural lands should be increased in terms of yield per hectare. The
step should be taken to manage the supply and demand of the agricultural products among the
people for sustainability. The agricultural land is limited in relation to the population growth.
The solution to this problem is to increase the yield harvested per hectare. This can be
effectively done with the application of proper fertilization of the farm. Traditionally, the
farmers make use of chemical pesticides and insecticides for increasing the productivity to
meet the demand of the population which has an adverse effect on the population health. The
serious disease are caused due to the excessive chemicals in their body which is due to the
chemical absorbed in the vegetables and fruits which thy eat. The current market trends of
increasing productivity should be transformed with the proposed project of green manure
composting program. The automation system in the management of cost motivates the
farmers to take step forward in increasing their earning from the proposed program. The
project proposed is of very low cost and efficient in providing very high result of accuracy.

The addition of green manure to the land will increase the fertility of the soil without any
chemical ingredients which in turn increase the yield cultivated per hectare. The quality of
the vegetables and fruits get improved due to the accumulation of high nutrients in it. The
availability of the nutrients in the soil results in the long term sustainability program of the
agricultural practices. The research analysis helps in analysing that the farmers ar not aware
of the green manure composting program. The arrangement of the educational program on
the green manure composting motivates the farmer to look towards it for increasing the
productivity of their farm.
Benefit to the community
The Government of Australia has taken many steps, policies and procedures for promoting
the economic condition of the Farmers and rural people to bring dynamic changes in their
living standard. The accuracy in the management of the cost program for the farmers helps in
promoting their growth at the national level (Marriott, 2015).
The proposed project of accounting system for green manure composting helps in increasing
the profitability of the rural people by the development and sailing of the green manure. The
automation system in the management of cost motivates the farmers to take step forward in
increasing their earning from the proposed program (CROS, 2015). The project proposed is
of very low cost and efficient in providing very high result of accuracy. The agricultural
waste collected and converted to the green manure helps in cleaning the environment and
promoting the earning of the rural people. The productivity of the agricultural field can also
be improved by utilizing the green manure for agricultural practices in spite of pesticides and
insecticide. The chemical fertilizers damage the nutrients of the production (European
Commission, 2016).
Expected Outcome
The expected outcome of the project are accuracy in the cost benefit ratio, calculation of
return on investment in relation to the value of asset, the proper management of the
agricultural and the kitchen waste of the community, promoting profit of the rural people by
sailing of the green manure, efficient in keeping the environment clean, capable of adding
nutrients to the vegetables and fruits, improving the quality of the food items, improving the
yield per hectare of the agricultural farm by making use of green manure for farming,
earnings of the rural people can be improved, positive effect can be seen in the health of the
common people, and helpful in increasing the fertility of the soil. It results in long term

sustainability of the agricultural farms (Rayns, 2013). The project is proposed for achieving
the sustainable growth in the economic condition of the rural people. The integration of the
farming activities helps in managing the supply and demand of the agricultural product
among the population. The proposed project is capable of getting the financial funding from
the government of Australia because it is fulfilling all the criteria set by the government such
as the project should have its own unique characteristics. It should not be based on franchises,
the project should be completed within the period of one year, the approved budget for the
project should be less than $ 40000, large profit can be generated with minimum start-up
cost, and no other donation plan should be approved by other investors (Belfort, Martens, and
Frietas, 2016). The efficiency of the proposed project can be improved by getting approval of
funds from the government of Australia.
5. Project Requirement
The basic requirement of the proposed accounting system for management of profit earned by
green manure program for farmers are summarised in the table below:
Project Requirement Specification
Efficient in handling customer requirement Ease of handling
Management of dashboard Graphics Icons
Automatic generation of cost report Use of Six sigma strategies
Management of Green manure Inventory management
Billing facility For the sale of the product
User Friendly Direct buttons for accessing
Assumptions
 Availability of expert
 Availability of inventory report
Constraints
 Financial Funds required for the project
 Occurrence of droughts and floods can affect the productivity
6. Cost Matrix
The total budget of the project is $ 35,560

Particulars Proposed Budget
Techical Equipment $ 22,000
Experts Engaged $ 5000
Mortage $ 560
Training and educational program $ 2000
Power Supply $ 2500
Hardware specification $ 4000
Software specification $ 2500
Total Budget $ 35560
Six Sigma tools are used for analysing the cost matrix associated with the development of the
project.
7. Risk Identification and Management
Risk Identified Area affected Potential Impact Probability Risks Mitigation
program
Occurrence of
floods and
drought
Agricultural
land and crop
productivity
High Low Diversification
in the crop sown
Initialization of
drainage system
Outbreaking of
crop disease
Less crop
productivity
Medium High The entrance of
animals should
be restricted in
the agricultural
farm
Change in
market trends
Affects the
return of
investment
High Medium Training and
educational
program for
guiding the
people about the
benefits of green
manure

composting
Lack of
Knowledge
Affects the
return of
investment
Medium High Training and
educational
program for
guiding the
people about the
benefits of green
manure
composting
The earning of the farmers gets affected due to the occurrence of flood and drought which
directly affect the cost management system implemented for the betterment of the farmers to
calculated their return on investment for the year. The positive increment in the profit creates
a feeling of satisfaction and vice-versa can demotivate them.

8. Timetable
WBS:
Project Proposal on Green Manure
Composting Program
Project
Motivation and
initialization
Requirement
gathering and
analysis phase
Project Design
phase
Production
phase
Implementatio
n phase
Survey of the
agricultural
field
Survey of the
environmenta
l reports
Initialization
of data
gathering
procedures
Initialization
of project
requirement
Analysis of
impact on
community
Analysis of
the
agricultural
field
Analysis of
the
environmenta
l report
Development
of strategic
approach
Scheduling of
the green
manure
composting
program
activities
Analysis of
land required
Development
of cost matrix
Development
of the risks
matrix
Development
of the time
schedule plan
Designing of
the green
manure
composting
plant
Land required
for collecting
agricultural
waste
Set up of the
proposed
project
Designing of
the process
required for
converting
the waste
into green
manure
Schemes for
sailing of the
green manure
Arrangement
of educational
and
awareness
program
Working of
green manure
plant
Analysing
profit earned
Feedback of
the farmers

Time Schedule
Project on Green Manure Composting program
Phases Sub-activities Start Date Finish date
Project Motivation
and initialization
Survey of the
agricultural field
25 April, 2018 30 April, 2018
Survey of the
environmental
reports
01 May, 2018 05 May, 2018
Initialization of data
gathering procedures
06 May, 2018 16 May, 2018
Initialization of
project requirement
17 May, 2018 22 may, 2018
Analysis of impact
on community
23 May, 2018 31 May, 2018
Requirement
gathering and
analysis phase
Analysis of the
agricultural field
01 Jun, 2018 10 Jun, 2018
Analysis of the
environmental report
11 Jun, 2018 18 Jun, 2018
Development of
strategic approach
19 Jun, 2018 27 Jun, 2018
Scheduling of the
green manure
composting program
activities
28 Jun, 2018 07 Jul, 2018
Analysis of land
required
08 Jul, 2018 15 Jul, 2018
Development of cost
matrix
16 Jul, 2018 22 Jul, 2018