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ID number:199266
Evaluation:
Published: 01.12.1996.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
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
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
Payment System    14
B.  Contract Law    15
1.  Discharge of Contract    15
2.  Force Majeure    15
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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