This is a capstone project $($group activity$)$ and carries $30\%$ weightage in the overall evaluation of the CA course. The project will require each group to prepare and submit a written report to the course instructor, within $10$ days of completion of the End Term Examination.

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THE DETAILS OF THE PROJECT

$1.$ Each group must identify a startup$/$department$/$business $($like restaurant, hotel, manufacturing unit, merchandising firm, consulting firm, placement department of an institute, admissions department, etc.$),$ for which you may get the data for estimating the cost and get the approval from the course instructor on or before the last session of the course.

$2.$ Use one of the product$/$services costing methods discussed in the course to cost the product$($s$)/$service$($s$)$ as a consulting exercise.

$3.$ You need to identify a managerial dilemma viz $$

What should be the price of a new product$/$service offering? Are the existing products priced correctly? ; Retention$/$Dropping of an existing product$/$service from the product mix?; Use of incorrect or outdated pricing techniques, make$-$vs$-$buy, taking special order, etc.

$4.$ You need to take written consent$[1]$ from the concerned party $($start$-$up$/$small firm$/$business$/$manager$/$organization$/$etc$.)$ as per the attached Annexure$-2$ party stating that the collected data would be used for academic purpose only and the data would be kept confidential.

$5.$ Assess the current situation of the company$/$organization from both a qualitative and a quantitative perspective.

$6.$ Determine how the performance of the company$/$organization could be improved by discussing major issues that need to be addressed. All these issues may or may not be managerial accounting specific $$ however, the central theme of the problem statement should have relevance from the subject.

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$7.$ In the last section of the report, recommend the best possible solution that addresses the major issue based on your analysis. Support your choice with quantitative and qualitative reasoning.

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GUIDELINES ON THE WRITTEN REPORT SUBMISSION

$1.$ Deliverables will be in one report having two parts:

Part $-$ A: The managerial dilemma$/$problem statement: In section the groups need to highlight the key managerial dilemma at hand, and the description of the company, its ecosystem, product$/$service mix, product market composition and other managerial challenges at hand.

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Part $-$ B: The solution to the problem under investigation: This section should include the $$data$,$analysis$$ and $$recommendations$$ section. The data section would explain the method of data collection, describe the data collected, and its summary stats.

$2.$ Submit the final report via email on or before $10$ days from the date of End Term Examination, no later than $23$:$59$ hours.

$3.$ The written report will be marked out of $100,$ which will be scaled down to $30$ to be consumed in the final grade sheet $($See Annexure $1$ which outlines the grading matrix$).$

$4.$ The groups are also advised to submit the collected data and the analysis worksheet $($if any$)$ for aid in evaluation.

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Key Dates$/$ Deadlines$/$ Timelines:

$1.$ Finalization of the Project Title$/$Scope after discussion with the faculty on or before the $15$th Session: Any project related discussion with groups can be scheduled in session $16$ with the faculty.

$2.$ Deadline for final project report submission in the prescribed format is on or before the $10$th day past the End Term Examination.

Annexure $-1$

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Grading scheme:

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Sections

Heads

Total Marks $(100)$

A$1$

Quality of problem under investigation.

$15$

A$2$

Description of the managerial dilemma

$10$

A$3$

Description of the startup$/$dept$./$business $-$ historical & present

$15$

A$4$

Quality and presentation of the data collected

$10$

B$1$

Correct usage of the costing method

$15$

B$2$

Accuracy of the cost estimation

$15$

B$3$

Quality and Appropriateness of the recommendations made

$15$

B$4$

Overall quality and presentation of the repo