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This project assignment allows you to apply both the course leaming and your practical experience to a project of your choice. Project cost and financial information are critical to the success of all projects. This assignment requires you to select a project then provide the information as outlined below. Create the report as if it was a summary to be presented to an executive Sponsor or a Steering Committee Use all the headings as identified in the outline below and follow the instruction for what to include in the contents Project Cost and Finance Information TABLE OF CONTENTS INTRODUCTION Project Name Use the same project as in Assignment 1. CONTENT SECTIONS Project Budget CONTENT SECTIONS Project Budget Develop a budget with both high-level details (.e. summary budget by milestone) and a time phased budget breakdown by task (or with summarized tasks if you have a lot). The summary budget has two columns. The time phased budget shows the budget amounts over the time period of the project. Include a budget contingency and explain how that was decided Project cost control Illustrate at least 3 methods that you plan to use for monitoring and controlling financial progress and results of your project. Cash Flow Identify which time period in your budget is at greatest risk of cash flow problems. Explain why and describe how project cost controls from the previous section will be used Summary A brief summary. personal funds. Start-up Expenses Legal $200 Stationery etc $450 Brochures 5450 Insurance $300 Research and development 5200 Expensed equipment 5900 Other 5500 Total Start-up Expenses $3,000 Start-up Assets Cash Required Amount $5,000 Long-term Assets $0 STotal Assets $5,000 Total Requirements 58,000 Startup Expenses to fung 53,000 Start-up Assets to Fund $6.000 Total Funding Required 58.000 Non-cash Assets from Start-up 50 Cash Requrements from Start-up 55,000 Cash Balance on Starting Date $5,000 Total Assets $5000 Employee 1 S4000 Employee 2 54000 Total planned investment 58000 Loss at start-up 53000 Total Capital 55000 Total Funding | LULULL $5000 Employee 1 $4000 Employee 2 $4000 Total planned investment $8000 Loss at start-up 53000 Total Capital 55000 Total Funding 58000 personal funds. Start-up Expenses Legal $200 Stationery etc $450 Brochures $450 Insurance $300 Research and development $200 Expensed equipment $900 Other $500 Total Start-up Expenses $3,000 Start-up Assets Cash Required Amount $5,000 Long-term Assets SO STotal Assets $5,000 Total Requirements $8,000 Startup Expenses to Fund $3,000 Start-up Assets to Fund $6,000 Total Funding Required $8,000 Startup Expenses to Fund $3,000 Start-up Assets to Fund $6,000 Total Funding Required $8,000 Non-cash Assets from Start-up SO Cash Requirements from Start-up $5,000 Cash Balance on Starting Date $5,000 Total Assets $5000 S400(Employee 1 S4000 Employee 2 Total planned investment $8000 Loss at start-up $3000 Total Capital $5000 Total Funding $8000 This project assignment allows you to apply both the course leaming and your practical experience to a project of your choice. Project cost and financial information are critical to the success of all projects. This assignment requires you to select a project then provide the information as outlined below. Create the report as if it was a summary to be presented to an executive Sponsor or a Steering Committee Use all the headings as identified in the outline below and follow the instruction for what to include in the contents Project Cost and Finance Information TABLE OF CONTENTS INTRODUCTION Project Name Use the same project as in Assignment 1. CONTENT SECTIONS Project Budget CONTENT SECTIONS Project Budget Develop a budget with both high-level details (.e. summary budget by milestone) and a time phased budget breakdown by task (or with summarized tasks if you have a lot). The summary budget has two columns. The time phased budget shows the budget amounts over the time period of the project. Include a budget contingency and explain how that was decided Project cost control Illustrate at least 3 methods that you plan to use for monitoring and controlling financial progress and results of your project. Cash Flow Identify which time period in your budget is at greatest risk of cash flow problems. Explain why and describe how project cost controls from the previous section will be used Summary A brief summary. personal funds. Start-up Expenses Legal $200 Stationery etc $450 Brochures 5450 Insurance $300 Research and development 5200 Expensed equipment 5900 Other 5500 Total Start-up Expenses $3,000 Start-up Assets Cash Required Amount $5,000 Long-term Assets $0 STotal Assets $5,000 Total Requirements 58,000 Startup Expenses to fung 53,000 Start-up Assets to Fund $6.000 Total Funding Required 58.000 Non-cash Assets from Start-up 50 Cash Requrements from Start-up 55,000 Cash Balance on Starting Date $5,000 Total Assets $5000 Employee 1 S4000 Employee 2 54000 Total planned investment 58000 Loss at start-up 53000 Total Capital 55000 Total Funding | LULULL $5000 Employee 1 $4000 Employee 2 $4000 Total planned investment $8000 Loss at start-up 53000 Total Capital 55000 Total Funding 58000 personal funds. Start-up Expenses Legal $200 Stationery etc $450 Brochures $450 Insurance $300 Research and development $200 Expensed equipment $900 Other $500 Total Start-up Expenses $3,000 Start-up Assets Cash Required Amount $5,000 Long-term Assets SO STotal Assets $5,000 Total Requirements $8,000 Startup Expenses to Fund $3,000 Start-up Assets to Fund $6,000 Total Funding Required $8,000 Startup Expenses to Fund $3,000 Start-up Assets to Fund $6,000 Total Funding Required $8,000 Non-cash Assets from Start-up SO Cash Requirements from Start-up $5,000 Cash Balance on Starting Date $5,000 Total Assets $5000 S400(Employee 1 S4000 Employee 2 Total planned investment $8000 Loss at start-up $3000 Total Capital $5000 Total Funding $8000

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