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Capital Project Requests Is Recommended For Mr. Scovanner And The Capital Expenditure Committee ( Cec )

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Upon review, the following ranking of the capital project requests is recommended for
Mr. Scovanner and the Capital Expenditure Committee (CEC). The rank in order from best to worst is: The Barn, Stadium Remodel, Whalen Court, Gopher Place, and Goldie’s Square.
Attached to this document is a prepared ranking calculation that was created to best organize the five location options. To follow, will be the justification for The Barn as the top recommendation, alternative cases for the other four projects, and risks that can affect Target’s decision. In determining the ranking of the five proposals, there were both subjective and objective measurements. Based on both of the types of measurements, The Barn, was the top overall recommendation. As seen in the Ranking tab on the attached excel, the objective criteria included information from Exhibit 7 and the provided dashboards (Exhibit8). Most notably from the exhibits, The Barn has the lowest investment amount, highest IRR, and is in the top three for population and population growth. When looking at the provided dashboard information regarding the sensitivity analyst, The Barn is the least sensitive to percent changes in sales and construction cost. This is key for a new proposal in that The Barn offers the best protection against unforeseen circumstances that are out of Target’s control.
In addition to the objective rankings, The Barn is also the highest ranked when looking at subjective criteria. Having The Barn be realized

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