A pool of newly qualified doctors are not satisfied with their current revenue and decide to...
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A pool of newly qualified doctors are not satisfied with their current revenue and decide to set up an individual on-call night service i.e. the doctors will go to the patient's house to consult the patient. It is believed that they will need a centralised booking system. The secretary will then allocate a request for intervention to a doctor who will then go to the patient's house for a consultation. The doctor may also prescribe and give medicines to the patient. The patient will then pay the doctor in cash or by credit card. The estimated costs are: Capital costs: Rs 2,000,000 (for purchase of equipment, cars and other logistics) Recurrent costs: Salary: Rs 150,000 per month Travelling costs: Rs 50,000 per month The estimated revenue is Rs 10,000 per day. The service is expected to be operational round the clock every day throughout the year. The estimated revenue is Rs 10,000 per day. The service is expected to be operational round the clock every day throughout the year. (a) Perform a technical feasibility for the project. (b) (C) (d) (e) Does the project seem to be economically feasible? On what parameters are the economics of the project based? How sensitive is the project to small changes (10%) in these parameters? State any TWO items which could have an impact on the economic feasibility of the project and which have been overlooked in the above case. (f) State TWO operational risks which could affect the project after its implementation. (g) Assess the exposure to these risks. (h) What would you do to mitigate these risks? (6 marks) (6 marks) (2 marks) (8 marks) (4 marks) (2 marks) (3 marks) (4 marks) A pool of newly qualified doctors are not satisfied with their current revenue and decide to set up an individual on-call night service i.e. the doctors will go to the patient's house to consult the patient. It is believed that they will need a centralised booking system. The secretary will then allocate a request for intervention to a doctor who will then go to the patient's house for a consultation. The doctor may also prescribe and give medicines to the patient. The patient will then pay the doctor in cash or by credit card. The estimated costs are: Capital costs: Rs 2,000,000 (for purchase of equipment, cars and other logistics) Recurrent costs: Salary: Rs 150,000 per month Travelling costs: Rs 50,000 per month The estimated revenue is Rs 10,000 per day. The service is expected to be operational round the clock every day throughout the year. The estimated revenue is Rs 10,000 per day. The service is expected to be operational round the clock every day throughout the year. (a) Perform a technical feasibility for the project. (b) (C) (d) (e) Does the project seem to be economically feasible? On what parameters are the economics of the project based? How sensitive is the project to small changes (10%) in these parameters? State any TWO items which could have an impact on the economic feasibility of the project and which have been overlooked in the above case. (f) State TWO operational risks which could affect the project after its implementation. (g) Assess the exposure to these risks. (h) What would you do to mitigate these risks? (6 marks) (6 marks) (2 marks) (8 marks) (4 marks) (2 marks) (3 marks) (4 marks)
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Lets break down the analysis step by step a Technical Feasibility The project involves setting up an individual oncall night service with a centralise... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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