: N Dee: (8. /05).2022 Project Lotegration Management | Develop Ahe project charters Work with stakeholders create THe document that formally authorizes a $6 ia: joe COCKER TIE a Es | Develop the _ “preliminary “project Scope Stat eroent + niock _eaith Stakeholders, specially users of the project's products, Services or _resutts 10 develop foe high-level Scope require ments _Ond create a pretiminary project Scope Staternert - Develop BY sic, ureter m ___Cardioate all planning efforts 40. creare A consis coherent _dacerment = +he project management plan emBoK - PM Body of _Kpovotectge _ : ee egic a i ai jeck electi a€ a Strategic Planning! aaa (+ Tovolyes determining long-terro objectives bey Analyzing the Strengths and weaknesses Of an Organization , Studeig_ _ opporiunizies Grd treats 10 tne business environment , predi c#2g | ‘ure trends, aod sprojectiag the (need for neo products _as Pformarion 10 _ services | S preted Ms 5 Select porential ~~ belp org - — Project$.Boalysisii PF Ptoperts -\f * Finaocial + Three primary methods for dererminieg the financial Value of projects + Wet present volue CNPV) Avaly cis Rieeeith on iovestrene C202) * Poy analysis Example Toivial Poyestment - 100, 000 /- Recurring Cost for 2 yrs _- 25, 000k pergear) Return ot year 9 .- Of: Return Dis coun Discount 2 Wiscouct— Discount Shear) oils = +t Pate - factor - to 0,000 f Factor fdoror 2 i Le geor% 01 97) 4 DiSc0un4 factor V4 | wear 0? Co baud Dis coum Aactor \ Yea’ os261 9D * Econ Camilative Di Scount CBenifit cost)Net Present Value Analysis = Net present value (Nev) analysis is a method of caleuta the expected net monetary gain or loss frorn 4 projec by discounting all expected future cash —Nflows and Outflows fo the Present point in time = Projects with a positive Nev should be considered iF Firaneial value is a key criterion = Whe higher the MPv, the better- Return on Trvegtm ent. * Return on Tryestment CRO!) is calculated by Subtracting 4 Project costs from the benefits aNd then dividing by the costs +|ROI = C total dicccunted benefits - total dliscounted costs) discounted cost The higher the RO! , the beter 2/Manyg organizations have a required rate of return oF minimum acceptable rate OF feturn on investment 40 projets * Ttecnal cate of return (2) can by calculated by Settl dhe NPV to 2ero+ Bpotoer important Anancial consideration «is Payback analysis +The piagback period ig the amount of time TO. _PecoOup , in the if wilh take form OF net cash inflows, the total dollars invested in Q project + * Pagback occurs when the cumulative discounted benetits aod costs are Qreatedr dhan Reco * Many organizations want tT projects to have a fairly Short pagbace period. AtlasPayback 600,000 — 500,000 400,000 | ___—_ Payback 300,000 -+ » - > - Cumulative costs) —— Cumulative benefits | T