Industrial Project Management for Albion LTD / ID: 199266

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ID number:199266

Author: Anonymous author (1)

Evaluation:

Published: 01.12.1996.

Language: English

Level: Secondary school

Literature: n/a

References: Not used

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Table of contents

Nr.	Chapter	Page.
	Introduction	3
I.	Project Scope	4
II.	Initial Project Appraisal	5
A.	Payback Period of the Project	5
B.	Return On Investment	5
C.	Net Present Value	6
D.	Internal Rate of Return	6
E.	Conclusion on the Initial Project Appraisal	6
III.	Uncertainty and Risk Analysis	7
A.	Sensitivity Analysis	7
1.	Cost of the Robot	7
2.	Project Duration	7
3.	Cost of Capital	7
4.	Change in Savings	8
5.	Change in Robot Capacity	8
B.	Case Scenario	8
C.	Remaining Uncertainties	9
D.	Conclusion to risks and Uncertainties	10
IV.	Managing Team and Organisation	11
B	The organisation	11
C.	Managing Change	11
V.	Contract Process and Law	13
A.	Contract Process	13
1.	Preparation and "Invitation to Tender"	13
2.	Tender Evaluation	13
3.	Contract Formation	13
4.	Contract Strategy	14
5.	Contract Pricing System	14
6	Payment System	14
B.	Contract Law	15
1.	Discharge of Contract	15
2.	Force Majeure	15
3	Act of God	15
4.	Remedies for Breach of Contract	15
VI.	Conclusion	16

Extract

VI/ CONCLUSION
Through this study, Albion is now aware that the project that should be available is quite risky. But, isn't it less risky than to see the whole Company close its door anyway? If Albion takes time to get all the data needed, they should then be more able than now to decide if they should go for the project or not. This can be achieved by implying all the human resources, integrating workers commitment to change, researching more market study and deepening financial information. If all is done in the right way, then, the project would be clear. A good opportunity is offered to Albion if the company does its best in Implementing change in all the areas of the company and by designing a secure contract with its potential Tender.
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Explain the Functions of Human Resource Management
Essays10 Management
Human Resource Management and Development
Essays3 Economics, Business, Management
Industrial Project Management for Albion LTD
Essays8 Management

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Business and Law

Management

Industrial Project Management for Albion LTD