intoduction to project management

Scenario Analysis For this assignment, you will respond to the questions following this scenario: You manage a hotel resort located on the South Beach on the Island of Kaual in Hawaii. You are shifting the focus of your resort from a traditional fun-in-the-sun destination to eco-tourism. (Eco-tourism focuses on environmental awareness and education.) 1. How would you classify the following projects in terms of compliance, strategic and operational? a. Convert the pool heating system from electrical to solar power. b. Build a 4-mile nature hiking trail. C. Renovate the horse barn, d. Launch a new promotional campaign with Hawail Airlines. e. Convert 12 adjacent acres into a wildlife preserve. f. Update all the bathrooms in condos that are 10 years or older. 8. Change hotel brochures to reflect eco-tourism image. h. Test and revise disaster response plan 1. Introduce wireless internet service in caf and lounge areas, 2. How easy was it to classify these projects? What made some projects more difficult than others? 3. What do you think you now know that would be useful for managing projects at the hotel? 4. Two new software projects are proposed to a young start-up company. The Alpha project will cost $150,000 to develop and is expected to have annual net cash flow of $40,000. The Beta project will cost $200,000 to develop and is expected to have annual net cash flow of $50.000, The company is very concerned about their cash flow. Using the payback period which project is better from a cash flow standpoint? Why? Scenario Analysis For this assignment, you will respond to the questions following this scenario: You manage a hotel resort located on the South Beach on the Island of Kaual in Hawaii. You are shifting the focus of your resort from a traditional fun-in-the-sun destination to eco-tourism. (Eco-tourism focuses on environmental awareness and education.) 1. How would you classify the following projects in terms of compliance, strategic and operational? a. Convert the pool heating system from electrical to solar power. b. Build a 4-mile nature hiking trail. C. Renovate the horse barn, d. Launch a new promotional campaign with Hawail Airlines. e. Convert 12 adjacent acres into a wildlife preserve. f. Update all the bathrooms in condos that are 10 years or older. 8. Change hotel brochures to reflect eco-tourism image. h. Test and revise disaster response plan 1. Introduce wireless internet service in caf and lounge areas, 2. How easy was it to classify these projects? What made some projects more difficult than others? 3. What do you think you now know that would be useful for managing projects at the hotel? 4. Two new software projects are proposed to a young start-up company. The Alpha project will cost $150,000 to develop and is expected to have annual net cash flow of $40,000. The Beta project will cost $200,000 to develop and is expected to have annual net cash flow of $50.000, The company is very concerned about their cash flow. Using the payback period which project is better from a cash flow standpoint? Why