Project Assignment - Part 1 This assignment is to be completed individually. The criteria for selecting a project is as follows: Examples - starting a new business, - creating a new product or service, - planning and executing an event such as a wedding, charity event or music festival. Note: The criteria should not be included in the assignment contents. Assignment Overview This project assignment allows you to apply both the course learning and your practical experience to a project of your choice. Project cost and financial information are critical to the success of all projects. This assignment requires you to seiect a project then provide the information as outlined below. Create the report as if it was a summary to be presented to an executive Sponsor or a Steering Commietee. Use all the headings as identified in the outline below and follow the instruction for what to inclube in the contents. Project Cost and Finance information TABLE OF CONTENTS INTRODUCTION Project Name Select a project based on your previous esperience or a project that you would the to be involved with. Provide the project name ALGCNOUIN CONTENT SECTIONS Business Case Create a compeling business case that includes the three characteristics of a good pich and explains the value of your project. You need to include the cost of the project, the financial benefit of revenue and two financial measures from the 5 docussed in class fie, such an aO, payback period, etc). You need to provide some justification for the financial return. You also need to explain how this project is aligned to the organicational (or your personal) objectives. Project Selection Submission Provide details for submission to a project selection committee. Identify or create the company's project selection criteria and clearly state how your project meets or exceeds the criteria based on financial models. Be sure to include at least one alternative project in order to compare the values. Include any and all financial details for the submission as well as any other non-financial factors. Cost Estimate List the categories of costs for the project and create a cost estimate for each category. Identify how the costs are created and show at least two examples of the costs in this section. Summary A brief summary. References Properly list any references used