Question 1

I want to talk about my organization XYZ Ltd., which is a socio-economic organization whose mission and
vision statement is "to be the most socio-economic company in the world in the future, making profit
and investing to improve and enrich society." "

So, the project that my organization is about to implement is to build a solar powered windmill that
relies solely on solar energy to function and to help convert wind energy into wind energy and use it for
other purposes. It is a project with the charm of using natural forces to create natural forces! This
project is of strategic importance for our organization because it is a new concept and idea in the
market, and it helps to generate profits because many investors are investing in the same project.
Similarly, there is not much competition in this field, so this is an opportunity to take advantage of the
benefits for society and at the same time consume energy in the best and most natural way.

As we discussed the company’s vision and mission statement above, this project helps to ensure that
the company earns substantial profits, which can then be used for the company’s additional investment
to promote its growth. Using solar energy to turn on windmills and transforming wind energy into better
things is a sustainable, renewable, and sustainable idea that helps to continuously generate energy and
solve social consumption problems. saves and uses energy to promote its growth.

Finally, this project can improve performance in all aspects. This is a one-time opportunity project,
because it helps to ensure that the company has enough funds available for them to use, and these
funds can be used more for the further development of society, create goodwill for the company, and
attract support from the government and shareholders. . , Tax exemption, because we do this for the
sustainable development of the earth, but also to fulfill CSR and social responsibility activities to make
our company stand out.

My association, you may want to talk about XYZ Ltd., which is a financial association with an important
vision. It declares that "in the future, it will become the largest financial organization in the world in
order to make profit and contribute to the progress and advancement of the general public."

Therefore, the work that my association will complete is to develop solar windmills, which depend
solely on the energy generated by the energy generated by the sun, and help to transform the breeze
into breeze energy, and also have subsequent uses. Chapter

Using Characteristic Abilities to Create Characteristic Strength is a Fascinating Career! This adventure is
the key to our association, because it is another idea and thought in the market and helps to win when a
large number of speculators invest resources in equivalents.

Again, there is not much competition there along these routes, this is a profit opportunity, where the
advantage to the public is also placed where the vitality is devoured in the best and most distinctive
way.

As we mentioned before explaining the company’s strategic vision, this effort helps to ensure that the
organization receives considerable profits, which can then be used for the public’s additional benefits to
promote its development.

It is a kind of sustainable, inexhaustible and continuous thinking to control the windmill by the vitality
based on sunlight and make the vitality of the breeze better. It helps to generate vitality under the same
premise and solve the problem The issue of public use, protection and use of vitality for its
development.

Finally, this task can increase exposure in all aspects. This is a unique opportunity company because it
helps to ensure that the organization has an acceptable measurement of assets, and that assets can be
used more for the public’s more formative procedures, bringing altruism to the company, attracting
legislators and Investors. `Help, position exclusion, because we are realizing the sustainability of the
planet, which is also a huge progress, marking the realization of corporate social responsibility and
reliable social practices, keeping our organization and the group separate.

"Stakeholders are individuals, communities, or associations that may be affected, affected, or deemed to
be affected by project decisions, actions, or results." They are directly involved in or have interests in the
project, or are affected by the project results. This generally includes members of project management:
project managers, project partners, employees, customers or users

Project types: stakeholders

Project stakeholders can be divided into two types:

Internal stakeholders: As the name implies, they are internal Of people invest in a project. They cover:

sponsor

internal client or client (if the project is initiated due to the internal needs of the organization)

collaborative effort

project manager or portfolio manager

leadership

head of another business unit

external interests of all parties Stakeholders: These stakeholders do not participate directly, but
participate from the outside, and are affected by the results of the project.

External customers or clients (if the project is initiated by an external contract)

End users

Undertakers

A Liferent

Management

Local governments

Average

Sponsors: The companies or individuals responsible for providing project materials and resources and
who are responsible for assisting the project. It can be outside or inside the organization.
 Customers and users: Customers are people or organizations that will approve and manage the
products, services, or results of the project. Consumers use the drug according to the instructions on the
label.

Retailer: A retailer, also known as a supplier, is a foreign company that enters into an agreement to
provide services or equipment required for a project.

Business partners: These are external organizations that have a special relationship or association with
the company.

Organization group: An organization group is an internal participant affected by the actions of the
project team. For example, human resources, marketing, distribution, law, finance, operations,
manufacturing, etc.

Functional manager: In the administrative or functional area of the business, there are key people who
play managerial roles. For example, interpersonal relations, banking, accounting, etc.

Other Stakeholders - These are additional stakeholders, including financial institutions, government
regulatory agencies, subject matter experts, consultants, and other stakeholders who have a financial
interest in the project, contribute to the project, or contribute to the project's results.

The importance of project participants:

When you add to the project, partners have different types of roles and permissions. As the project
progresses, this level may vary. This can range from occasional contributions to full project sponsorship.
Any stakeholder can also intentionally or unintentionally detract from project progress. These
stakeholders need the attention of the project manager throughout the project life cycle. Stakeholder
identification is an ongoing process throughout the entire life cycle of a business. Identifying them,
recognizing their degree of influence on the project, and meeting their needs, wants, and desires are
important to the progress of the project. Just as stakeholders can have a positive or negative impact on
project objectives, stakeholders can also see that the project has positive or negative results. One of the
most important responsibilities of a project manager is to control stakeholder preferences, which can be
difficult because stakeholders often have very complex or opposing priorities.

Here are findings and key components of this market research feasibility study:

In-depth stakeholder and customer interviews-starting your market research by talking to key
stakeholders and customers is a perfect starting point. It also helps the market research team become
familiar with the project and its goals in the form of qualitative and open discussions.

Demographic Evaluation and Trend Analysis-Collect information for the market on demographic trends,
age, consumer spending, education, and any other relevant demographic data that may affect the
feasibility of the project. Our team of professional Google employees can easily collect this information
via the Internet.

Quantitative Survey-This is part of a marketing project that collects main data among end users. These
questions focus on current use and intended use, as well as understanding the impact of new business
ideas on the market. This is the most indispensable part of market research feasibility studies. Many of
the questions posed in the survey will serve as the basis for the demand models and estimates.
 Competitive Evaluation-Extensive profiles are created of each competitor and uses of mystery shopping
calls and visits to non-public information collected that is not on the website. By analyzing competitors,
it can also help our clients understand the shortcomings in the services or products in which they can be
marketed.

Demand Model / Estimating Recommendations-The final step of a high-quality market research

feasibility study is to put the first four components together and use them to create a demand model for
each outcome. The demand model will estimate/predict the probability and end user habits of the new
business you are testing.

The project roles and the designated teams which I would like to choose for the effective management
of my project are:

1. Project manager: The first role is the project manager, who will play the main role and be responsible
for the successful completion of the project. The designated management team will ensure that the
project runs within the designated cash framework and allocated budget to achieve the correct goals.
They will ensure that the project has sufficient resources, relationships, and stakeholders to facilitate the
execution of the work.

2. Quality manager: Another person and function of the project is the quality manager. They are the
people who are responsible for ensuring the success of the project quality according to the standards
maintained by the project manager. The full-time team under the quality manager will ensure that the
project adopts standardized qualitative measures and goals to achieve the best efficiency.

3. Project sponsor: The project sponsor is the driving force for the internal management of the project.
They are members of the top management and are very interested in the results of the project. They
work closely with project managers and assist in high-level project planning, mission and vision
strategies, conflict resolution, signing approvals and managing projects with their dedicated work teams.

Senior Engineer: A senior engineer is someone who ensures that the project is effective and
implemented in the correct way. The entire responsible staff working on the project will work with them
as coding engineers, mechanical engineers, test engineers, etc. And group tasks in order to correctly
implement customer requirements throughout the project.

5. Business Analyst: Finally, the last person or role that may be filled is a business analyst. It will define
the needs and recommendations of the solution to improve the organization. As part of the project
team, they will ensure that goals are achieved, problems are solved, value is added, performance is
improved, and deliverables are delivered on time.

Expenditure estimates are financial expenses for the development of the project, execution and
maintenance management to create project initiatives and fully operate projects. Financial investment
includes all costs of acquisition, rent, all relevant tax games, equipment acquisitions, software programs,
individual training and guidance, internal / external project and facilities tools. In addition, this
statement contains another estimated cost calculation sheet that represents the prediction of operating
costs for the maintenance and operation of the project, and covers the entire life cycle of the project
from the start process to the delivery of the results of the project.

Cost:
The budget of your project covers directly and the inheritance.

Direct expenses are the following.

Salary

Sala

for Project

Project Task for sale

Project Work

Project following two project categories:

Air cost classification expenses to products and services that are difficult to distribute. Examples include
working benefits, offices leasing contracts, general offer, furniture, appliances and equipment costs.
Must work on the work of your project, your company has an annual lease for your company, your
company has an annual lease for sales facilities, facilities are several different offices and work areas,
and people are working on Several projects. Its office space is treated as an indirect cost of the project,
since there is a specific record that describes the amount in dollars of all income expenditure in your
office with only the task of this project.

Financial cost and operating cost: investment that continues running the company (if the company does
not exist, the task can be done). Examples include contracts administrators, financial segments and
management compensation, and general accounts and legal services charges. Suppose you have
designed a brochure to design, create and manufacture. Direct cost of this project:

Work: Your Savings Team: You are working in Brochure

Material: Brochure Special Rapid Reserve

Travel: Cost of the independent cover survey for the manufacture of production products. Professional
company Experience this project. In addition to salaries, when you and other team members are
working on brochures, the contribution of funds).

Rent: Brochure Copy

Between equipment Cost of the office room: Brochure copy

Compensation and management compensation: Percentage of advanced executives and wages of

workers who perform daily tasks 1. Required to maintain a company running

1.

First step to identify the project Development costs are to determine the amount of funds required for
the project. You must connect to the product of the specified project.

2. Estimation of Project Delivery Costs

Complete all the required work and create estimated data on costs that indicate all the resources
needed to achieve all the necessary project artifacts.
3. High-level level creation costs

Experts will need a high-level overview of the total cost of the project. Management of costs of
continuous protection and planning and planning planning that evaluate the cost management and
project planning assessments, and the next stage of the cost estimate analysis is carried out after the
process of construction. Project planning and operations After the construction process is to evaluate
and measure the cost required to continue. To tight.

framework of the key milestones are-

Design Approval Before beginning the build cycle, the customer must understand the best desire to
extend the number of modifications and the time required. By directly clarifying what they are doing
and why they are doing it, they will feel more confident when each process is completed. Keeping the
partners needed from the starting point earlier will make it easier to get information throughout the
cycle and get recognized accomplishments faster.

2 Access to funds

Once the risk allocation has been approved, it is time to determine the necessary grant measures.
Financing needs are regularly identified in the cost standard and spread across various periods of the
company. The sources of subsidies must be distinguished, and milestones can be set to sense when the
group has reached a clear funding goal.

3 Recruiting personal positions

An important business achievement model is to recruit people for key positions. Finding the right
teachers for this task is a dynamic breakthrough that leads the company into a new era. Identifying
staffing requirements, asking the right meeting questions, and setting milestones for each vacancy will
be a persuasive way to track recruitment progress.

4 Supplier Contracts

Almost every company in any industry needs an external trader, which necessitates extensive statistical
research and research to find the best option. When needs are distinguished, the proposed
requirements are communicated to each vendor and the main summary, prerequisites, and idea
verification are published. As responses are collected and evaluated, milestones that have been
completed can be identified separately for each merchant.

5 Communication Update The

communication plan should be assembled as one of the basic parts of the business and kept up-to-date
throughout the cycle. Principles should be established for the time period during which clients are
informed about task schedules, expense updates, and future needs. Setting milestones for these
exchanges will open the way for criticism over the extended period and avoid redundant issues.

6Reach Key Performance Indicators

Key Performance Indicators (KPI) are measurable goals that can help verify the overall performance of a
company. As a typical business achievement model, they can include the actual cost of the task, rate of
return (ROI), asset usage, etc., and this is just the beginning. Each of these metrics should be meaningful
and clear, with the focus on measuring your prosperity.

Expected project challenges and risk mitigation

1. Lack of communication and clear goals

Risk mitigation: The project manager must use communication tools to establish clear goals and
objectives during the project planning process. As part of the project plan, regular team meetings should
be held to communicate.

2. Incorrect budget

Risk mitigation: Incorrect budget estimates hurt project completion, so the project should always be
marked with the least amount of additional funds.

3. Project delays

Risk mitigation: If the project is delayed, additional resources, including human resources, can be
contracted to solve the problem. Using agile project management tools can also help improve project
scheduling.

4. Lack of Responsibility

Risk Mitigation: There may be situations where no one is prepared to take responsibility for the delay or
failure of any task. Therefore, each task should be assigned to team members in the project plan itself to
have a sense of responsibility.

5. Skills shortage

Reduce risk: Project managers can reduce this risk by dividing tasks and understanding the skills
required for each task. If necessary, the project manager should check the required skills and abilities of
his team to hire in advance.

Question 2
The project under consideration is the trade of imported beans (agricultural products) in South
Africa and the trial chain distribution of beans purchased locally in South Africa under the Solar
Change brand. The risk types and risk exposures are as follows:

Overall
Impact
Sr. Risk budgete Likelihoo exposure= acceptable:
( 1 to Mitigation plan
No description d targets d ( 1 to 4) impact*exposur Y or N
4)
e

1 Imports: USD 10 3 3 High Y Scale up local

Inability to mn domestic trade.
achieve Change the
budgeted import basket
volumes as per lead
indicators like
Govt. restriction
 on stock holding
announcement,
Price control
measures by
Govt.

Price Risk -
Introduction of
Fluctuation
new variants
in prices of Net
/SKU’s, Value
pulses variable
2 3 3 High Y Added
leading to margin=
Products, Lower
thin or 4.3%
inventory
negative
level/stock.
margin

B2C:
Inability to
Use imported
achieve USD 5
4 2 3 Medium Y pulses to satisfy
budgeted mn
local demand
volume-
NuPro

Inability to
achieve Net
Turnaround fast
Working
5 3 2 Medium Y – Higher
Capital at
liquidity
budgeted
level

Sample to be
checked before
and during
inward of
material (real
time). Block
Product vendors with
6 3 1 Medium Y
Quality Risk bad quality
supplies. SOPs
in place and in
line with
procurement
and sales
process.

higher
frequency of
Internal
audit, change of
7 controls & 2 2 Low Y
audit scope,
processes
frequency.
Surprise audits.

8 Compliance 2 2 Low Y Internal

 quarterly checks
& Audit for all
documents
pertaining to
regulatory,
statutory
compliance.
Renew if
required. Part of
SOP.
Risk
To keep check
on original
documents
upkeep, keep
updating
information on
new regulations/
compliance of
industry in
operation.

Acceptable risk exposure <=12

criteria

overall exposure >= 12 very high

overall exposure >= 9 high

overall exposure >= 6 medium

overall exposure >= 4 low

Question 3

"Completing the project" is not the same as ending the project management process. Simply completing
does not guarantee that the organization will benefit from the results of the project.

You should also make sure you don't forget the lessons learned in

Your project closure report may include Post-project tasks are:

• Define the scope of the advance review

The last thing you want to do is create political problems. Considering the large number of people who
often participate in a project, it is easy to hurt the feelings of others when reviewing the success of the
project. Clarify your review goals and clarify your intentions; this will ensure that people share their
experiences openly and honestly. Then absolutely make sure that you stick to these intentions and that
the process does not unnecessarily harm people’s self-esteem.
• Review key documents

Collect key project documents. This will help you evaluate the project planning process and the actual
benefits realized through the project.

• Consider using an independent reviewer

When possible, use outside staff during the review process to get a clear and objective view of the
project. Some people recommend using only independent people in the review, but you can learn a lot
from the perspective of the people directly involved in the project, so the best strategy may be to keep
the balance.

• Use appropriate data collection

Collect information in the most appropriate way, for example through interviews and surveys. Also, test
the deliverables yourself to ensure you get first-hand information.

• Provide appropriate reports

Report your findings and publish the results. Remember, PIR is designed to help project managers
achieve more effective projects in the future, as well as measure and optimize the benefits of the
specific project under review.

• Make recommendations

Make detailed recommendations to the organization and project leaders, as well as customers and
other stakeholders. Include as many people as possible to maintain and apply best practice information
in the future.