Exploratory Report

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Southern New Hampshire University *

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20102

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Communications

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Jan 9, 2024

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Exploratory Report Jose Landaverde Southern New Hampshire University Jose Landaverde COM-20102-XE186 Budgeting for Comm Projects 21DA05

Exploratory Report Jose Landaverde Exploratory Report  Employs appropriate strategies for determining ROI and payback period of a project. Return on investment is a performance measure used to evaluate the efficiency or profitability of an investment and compare the efficiency of several different investments. ROI directly measures the amount of return on an investment relative to the investment’s cost. When the non-profit finishes the project, they will want to know how successful the business was in generating revenue for the tap filters for urban homes. One way to determine the project’s success is to perform a return-on-investment analysis. The ROI analysis will show how much revenue the project will generate, compared to how much the project cost. The nonprofit wants to have a higher ROI on the project, because then the project generated more revenue relative to its costs to implement. Carter McBride. (2017). For us to determine the ROI based on the normal retail cost of units of $99 with a discount cost per unit to the organization of $21, and we billed unit sales of 39 units, we’ll use the ROI analysis. Currently the initial investment is $3,042 at $78 per unit. The Net return on investment will be determined by the ROI which is as follows: The top-down cost is currently at $7,828.85 minus the cost of the filters of $819 and this gives us a total of $7,009.85. We divide by the top-down cost of $7,828.85 to equal to: .89 multiplied by 100, to equals to 90% of ROI. Furthermore, part of the ROI analysis is to determine the payout or payback period for the project, this is the amount of time it will take the project to bring cash/profits inflows to the cash outflows for the project, and it will be used to reinvest the money into the project. Therefore, to determine the payback period we take our initial investment of $7,828.85 and we divide by the cost of the filters of $819 and that gives us a total of 10 years on the when we round up. Therefore, we have a ROI of 90% and a payback period of 10 years.

Exploratory Report Jose Landaverde  Uses appropriate information to estimate top-down and bottom-up costs. The top-down will tell us if the project is feasible for overview estimates, tasks are not defined clearly, show volatile environment, not viable to develop well-defined schedules & budget, and less reliable duration & cost estimates. The review of the overall scope of the project to identify the major elements of the work and estimate them separately from the rest of the project. The top-down approach is practical for the initial stage of strategic decision-making and in situations where the data needed to develop detailed duration and costs estimates is not available in the initial phase of the project. Therefore, top-down will be used to make an initial estimate until the tasks in WBS are defined clearly, which will enable the expansion of well-defined schedules and budget. In the previous expo, the organization sent two attendees with an average cost of $2,500 to $3,500, therefore for the current expo we expect to spend anywhere from $1,000 to $1,300 per attendee for a total cost of $7,828.85 with four attendees traveling from San Francisco to New York City and participate in the expo for over two days. Mark Rowland. (2019). The top-down estimation is a rough estimate on what the final cost will be to send the four attendees to the expo, but the bottom-up cost will break down the project. We’ll identify the lowest level appropriate to create a range of estimates covering the project. Estimating the cost is an important process in managing the project as it is the basis for determining and controlling the budget. Currently we have a video presentation that has a cost of $1,500 that will show how we have come to create the tap filters and how it has impacted the lives of those owing a filter. The rent space at the expo that will allow the attendees to showcase the filter and display the video will have a cost of $12 per square foot and we will have a space of 10X10. The space at the expo will render a cost of $1,200 plus material display, giveaways, etc. We will giveaway window decal, shirts, and flyers with QR codes on each item given

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