Scope Document

Read page $639-641,$ the POM$+$ project introduction.

Use the $$Project Scope Checklist$$ on page

$107-110$ as your template. Please read the definition of each one of the $8$ sections to ensure

understanding.

Additional items to consider:

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The Drink must come in three colors: Green, Blue and Red

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Calories per serving must be $<75$

$$

Pilot the drink in Europe

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Meet rating of $4$ of $5$ on Market Research Taste Tests before release to market

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Technion Institute of Technology must evaluate for antitoxin levels

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Assume a $10$ month project starting April $2024$

Project Cost

Use WBS activity costs provided $($see Excel$)$ to calculate

total

project cost. Project overhead is

$25\%$ of total WBS activity cost. Show cost

with and without overhead costs

$.$

Project NPV

Given the provided $5$ year cash inflows $($see Excel$)$ calculate the project NPV$.$ The discount rate

will be $8\%$ for the project. Show the project

NPV

with and without overhead

$($i$.$e$.$ you need to

calculate NPV using WBS costs first, then recalculate NPV after you add$-$in overhead$)$

$.$

However, your recommendation should be based on

total project

cost $($WBS activity cost $+$

overhead$).$ Provide a recommendation to approve $/$ reject the project $...$

include your rationale

Include screenshots of your NPV calculations.

Remember that the initial investment $($outflow$)$ for NPV calculation is total WBS costs then

recalculate NPV using total WBS costs $+$ Overhead

Communication Plan

Use

figure $4\mathrm{.}10$ as your guide to create a communication plan

$.$ Additional information:

$$

Stakeholders

: CEO, CMO, CFO, Project Team, PM$,$ VP$-$Manufacturing, VP$-$Production

Design, Project Steering Committee, Technion Institute of Technology, Market Research

Group

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Items

: Project Status, Budget Status, Change Requests, Risk Assessment Report, Market

Research Report, and Antitoxin Report

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Limit the plan to max $7$ rows but no less than $4$ rows

Risk Assessment Form$/$Risk Response Matrix

$$

Prepare Risk Assessment Form & Risk Response Matrix.

$$

Conduct a risk analysis of the project and prepare the results using figures $7\mathrm{.}6$ and $7\mathrm{.}8$ in

the book as your guides.

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List a minimum of $5$ possible risks, but no more than $7$ risks

$$

The risks should be related to the project, and not things such as losing market share,

which relates to production not the project phase