Economic
analysis
Prepared for:
Hupaya Incorporated
Tampa, Florida
Date [14 April 2019]
Mohammed Alballam
Contents
Contents
List of Figures ................................................................................................................................. ii
List of Tables .................................................................................................................................. ii
ACRONYMS ................................................................................................................................. iii
EXECUTIVE SUMMARY ........................................................................................................... iv
CHAPTER 1 ................................................................................................................................... 1
INTRODUCTION .......................................................................................................................... 1
1.1 Background Information ....................................................................................................... 1
1.2 Objectives ............................................................................................................................. 1
CHAPTER 2 ................................................................................................................................... 1
ANALYSIS (Presentation Organized by introductions, types, and the Impacts) ........................... 1
2.1 Project Management (by introductions)................................................................................ 1
2.1.1 Learn what is Project Management................................................................................ 1
2.1.2 What is Cost? ................................................................................................................. 1
2.1.3 Types of Project Costs ................................................................................................... 1
2.2 Analysis of Cost (organized by analysis or types of costs) .................................................. 2
2.2.1 Operational Cost Analysis ............................................................................................. 2
2.2.2 Clinical Trails................................................................................................................. 2
2.2.3 Instrumentations............................................................................................................. 2
2.2.4 Raw Materials ................................................................................................................ 2
2.3 Advantages of Project Cost Management (organized by Impacts) ....................................... 2
2.3.1 Prioritizing and Efficiency ............................................................................................. 2
2.3.2 Accountability ................................................................................................................ 2
2.3.3 Awareness and Planning ................................................................................................ 2
RECOMMENDATIONS AND CONCLUSIONS ......................................................................... 3
LIST OF REFERENCES ................................................................................................................ 1
APPENDIX A: SUMMARY OF THE COMPANY VARIABLE COSTS ................................... 2
APPENDIX A: GRAPHICS OF THE PHASES OF CLINICAL TRIALS ................................... 2
APPENDIX A: SUMMARY OF THE COMPANY PRIFITABILITY ANALYSIS .................... 2
i
Figure 1 Cost Effective Analysis Graph
List of Figures
1
(List all figures used throughout the document, including table number and the page it
appears on.)
List of Tables
Table 1 Organization of the Study
1
(List all tables used throughout the document, including table number and the page it
appears on.)
ii
ACRONYMS
(List all initials and short form words used throughout the document)
iii
EXECUTIVE SUMMARY
This part of the document briefly summarizes the problem, context, input information,
sources of data, and your recommendation. This section is written for majorly for a leadership
audience who may only need and have time to get the most important ideas from your document.
The length of the executive summary varies according to the length of the report.
Ideally, the executive summary is 5-10% the length of the report it summarizes.
However, In cases where the report is short, the executive summary is usually longer than10%.
It is also important to note that the Executive Summary is mostly not longer than 1 to 2 pages
because it is a summary of the report.
iv
CHAPTER 1
INTRODUCTION
1.1 Background Information
1.2 Objectives
Information about project management, the cost incurred during planning and execution
of a project.
Objectives of the study including why this paper is critical, provides the aims of the
paper, which may vary.
1
CHAPTER 2
ANALYSIS (Presentation Organized by introductions, types, and the Impacts)
This section of the report will present the issues that that your company has to analyses.
The facts about the title of the report based on research will be analyzed and evaluated. The
analyses will include: introduction to project management, cost and types of project costs,
analysis of operational, clinical, instrumentation and material costs, advantages of project
management including: efficiency, accountability and awareness and planning costs including:
additional information on the topic will also be presented in this section.
This information should be presented in a highly organized manner and should follow
professional standards of writing. The best way to present the information should be adopted.
One method to present would be to organize the information by introductions to the topics to be
covered where each topic is elaborated in brief (project management, cost and types of project
costs) then followed by the analyses of the introduced concepts (operational, clinical,
instrumentation and material costs) and finally the impacts of such concepts are offered at the
end (advantages of project management including: efficiency, accountability and awareness and
planning costs).
2.1 Project Management (by introductions)
2.1.1 Learn what is Project Management
2.1.2 What is Cost?
2.1.3 Types of Project Costs
Examples listing of figures and tables to be found in the paper
(Table 1 Organization of the Study)
(Figure 1 Cost Analysis Graph)
2
2.2 Analysis of Cost (organized by analysis or types of costs)
2.2.1 Operational Cost Analysis
2.2.2 Clinical Trails
2.2.3 Instrumentations
2.2.4 Raw Materials
2.3 Advantages of Project Cost Management (organized by Impacts)
2.3.1 Prioritizing and Efficiency
2.3.2 Accountability
2.3.3 Awareness and Planning
3
RECOMMENDATIONS AND CONCLUSIONS
Under this section, you will offer a clear and detailed explanation of your
recommendation. The information and analysis you provided in the introduction and body parts
of the report will be synthesized in order to coherently communicate to readers on what, how and
you are your analyses are presented as they are and what basis you used to come to such
conclusions. This part ensures that the objectives of the report set out at the beginning are well
accomplished or if not, reasons for not accomplishing the objectives should be provided.
4
LIST OF REFERENCES
(List of references, APA style)
Burke, R. (2013). Project management: planning and control techniques. New Jersey, USA.
This article by Burke offers great insights into project planning and controlling techniques that
introduces as to project management useful for this paper.
Love, P. E., Mistry, D., & Davis, P. R. (2010). Price competitive alliance projects: Identification
of success factors for public clients. Journal of Construction Engineering and
Management, 136(9), 947-956.
This article describes the examples of the numerous types of costs in a public project such as in
construction engineering. The article is a source of information on the types of costs and how
they impact a public project, how they are determined and their different features.
Kerzner, H. (2019). Using the project management maturity model: strategic planning for
project management. Wiley.
HAROLD KERZNER, PHD, is a Senior Executive Director for Project Management at the
International Institute for Learning, Inc. (IIL), a global learning solutions firm that offers
professional training and consulting services globally. The Project Management Maturity Model
provides assessment tools for organizations of all sizes in the evaluation of their progress in
effectively incorporating project management with the maturity curve. This Third Edition
includes examples of Project Management Maturity Model (PMMM) reports, maturity metrics,
and a chapter on the features and advantages of effective Project Management..
Tonchia, S. (2018). Project Cost Management and Finance. In Industrial Project Management
(pp. 153-170). Springer, Berlin, Heidelberg.
This article by Tonchia, introduces readers to the analysis of costs incurred in engineering
projects. The paper presents a case analysis about a company Danieli. Danieli is one of the three
largest world suppliers of plants and equipment for the metals industry. The company has a
leading experience, with more than 120 large turnkey projects delivered worldwide. Chapter two
of the book is dedicated to project Cost/Finance management. It includes cost estimating and
project budget calculation and optimization.
References - 1
APPENDIX A: SUMMARY OF THE COMPANY VARIABLE COSTS
For every item presented in the appendices, they each require their own appendix. Each
appendix is labeled at the top with a title formatted as: “Appendix
[letter – A, B, C, D…]: Appendices must be lettered sequentially.
The title should be descriptive of the content of the appendix. For instance for this
appendix, it will presents in table form all the variable costs of the company or project. Any
calculations on the costs will also be presented in this section.
APPENDIX A: GRAPHICS OF THE PHASES OF CLINICAL TRIALS
Graphics about the different phases of clinical trials in form of tables and figures will be
presented in this section.
APPENDIX A: SUMMARY OF THE COMPANY PRIFITABILITY ANALYSIS
Profitability analysis in form of calculations on how the company/project is profitable
will be presented in this section.
References - 2
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