Assessment 2: Project Report – Part A
Due date: Week 6
Group/individual: Group
Word count/Time provided: 2000 words
Weighting: 15%
Unit Learning Outcomes: ULO1, ULO2, ULO3, ULO4
Assessment 2 Detail
This assessment is a staged submissions assessment, and it should be conducted in two parts. The first part deals with Engineering Economy Evaluation of each alternative and recommending a preferred option to meet the project requirements. The second part of assessment deals with Sustainability and Optimisation
APIC Project Development & Optimisation Pty Ltd is considering and evaluating the various alternatives to purchase 10 small vehicles ( SUV) for upcoming projects. You are part of project managers to investigate engineering economy of this procurement process. You are required to make recommendation which alternative would be a sound capital investment. This would be the base scenario(alternative) for the next part of assessment.
Project details (Part A):
The project requires purchase of 10 small SUV vehicles. To reduce greenhouse gases and pollutant emissions, you are required to consider Electric, Hybrid and Petrol vehicles.
This project is selected to be evaluated due to it sustainability aspect as well. It is in line with Australian government’s policy to focus on addressing environmental impact of climate change.
The first part should focus on cost consideration, estimate cash-flow items both inflows and outflow for each alternative. The bases of estimations for estimates should be given. It is required to decide about interest rate, project life, and other parameters that can affect economic analysis in this activity and apply one of the evaluation techniques to evaluate each alternative and select the best one.
Guidelines for writing project report Part A:
1) Develop the total project cost as well as providing clear work breakdown structures (WBS).
2) Provide details of any assumptions made if needed.
3) Estimation Techniques used.
4) Provide Cash flow diagrams.
5) Economy analysis and evaluation of the project by Present Worth (PW), or Internal rate of return (IRR).
6) Conclusions, findings, reasons for recommendation.
Assessments 2 (Part A) Marking Criteria and Rubric
The assessment will be marked out of 100 and will be weighted 15% of the total unit mark. The marking criteria and rubric are shown on the following page.
Assessment 2 (Part A) Marking Criteria and Rubric
Marking Criteria Not Satisfactory (0-49% of the criterion mark) Satisfactory
(50-64% of the criterion mark) Good
(65-74% of the criterion mark) Very Good
(75-84% of the criterion mark) Excellent
(85-100% of the criterion mark)
Cost structure description (20 marks) Inadequate Cost structure description
Basic Cost structure description
Exhibits a factual and/or conceptual skills for Cost structure description Exhibits accurate, Detailed breadth and depth for Cost structure description Displays Excellent cost structure description
Provide Cash flow diagrams (10 marks) Inadequate Cash flow diagrams Basic
Cash flow diagrams Exhibits a factual and/or conceptual skills to provide Cash flow diagrams Exhibits accurate, Detailed breadth and depth to provide cash flow diagrams Displays Excellent Cash flow diagrams understanding
Estimation Techniques used (10 marks) Inadequate Estimation Techniques Basic
Estimation Techniques Exhibits a factual and/or conceptual skills to provide Estimation Techniques Exhibits accurate, detailed breadth and depth to provide Estimation Techniques Displays Excellent Estimation Techniques understanding
Economy analysis and evaluation of the project (20 marks) Inadequate Economy analysis and evaluation of the case project Basic
Economy analysis and evaluation of the case project Exhibits a factual and/or conceptual skills to provide Economy analysis and evaluation Exhibits accurate, Detailed breadth and depth to provide Economy analysis and evaluation Displays Excellent Economy analysis and evaluation of the case project
Conclusions, findings, recommendation (10 marks) Inadequate Conclusions, findings, recommendation Basic
Conclusions, findings, recommendation Exhibits a factual and/or conceptual skills of Conclusions, findings, recommendation Exhibits accurate, detailed breadth and depth to provide Conclusions, findings, recommendation Displays Excellent Conclusions, findings, recommendation
Academic Writing Skills (20 marks) – Free of any grammatical errors; using correct sentence structure; applying an extensive range of vocabulary; – Proper introduction and conclusion. Inadequate Academic
Writing skills
Basic
Academic Writing skills
Exhibits a factual and/or conceptual skills of Academic Writing.
Exhibits accurate, detailed breadth and depth of Writing skills.
Displays Excellent Writing skills
Report Structure and Presentation (10 marks) – Consistent formatting with suitable headings and sub- headings – Consistent use of labels, highlights, font weight and underline,
Reference list – Appropriate Referencing using HARVARD guidelines Inadequate Report Structure and Presentation skills
Basic
Report Structure and
Presentation Exhibits a factual and/or conceptual skills of
Structure and Presentation skills
Exhibits accurate, detailed breadth and depth of Structure and Presentation skills
Displays Excellent Structure and Presentation skills
