Project Report On: Strategic Planning, Financing And Implementing A Preliminary Implemantation

1618 words - 7 pages

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ECI PROJECT PLAN2014-15 |
bcorp | [Date]
| [Course title] |
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|
ECI PROJECT PLAN2014-15 |
bcorp | [Date]
| [Course title] |
|

PROJECT REPORT ON: STRATEGIC PLANNING, FINANCING AND IMPLEMENTING A PRELIMINARY IMPLEMANTATION IN “EXOTIC CAR INC (ECI) FOR 03 YEARS”.

With this project report we are explaining about the project strategic plan, analysis, appraisal, finance and preliminary implementation for initial 03 years. Also, we will study all phases of project like - project planning, project analysis, project initiation, project implementation, and project result. Every stage is vital to make a project success. The major areas of the project reports are defined ...view middle of the document...

II. Availability of Inventory parts

ECI does its major profit in Selling of Car and Maintenance, so for fast customer service and better selling of exotic cars, ECI should make its inventory availability for the car and maintenance of the cars.

The more the availability of the inventory so there will much quick turnaround of sales and maintenance of the cars. There will less customer complaints and more
Profit all round

III. Inventory management

ECI should include one Inventory management for different cars, so then can keep a record for which car, which inventory is required maximum time for the repair of a particular brand of cars, this management activity if made by ECI through its several offices, so they can quickly order in bulk and then can fix and sell the car to improve its sales.

IV. Calculating Material Requirements
ECI should list the materials needed to produce a product or service, and where you will get those materials. Include information such as if volume discounts will be available as your business grows, or if you ever plan to manufacture your own parts at some point in time.
Things to include in your list of materials:
 
* Parts needed to produce a product,
* Welding inventories, tyres, tubes, axel, etc.
* Other materials that are involved in producing or manufacturing your product.

Thus we can see in the Technical feasibility study, we can analyze what ECI needs to improve its service so there will be no complaints in the maintenance and quick Sales of the Exotic car that pour in ECI.

V. Economic feasibility
Economic feasibility deals with the economic cost and analysis of cost of project and revenues in effort to make the business more profitable. In our case, we will do an analysis of ECI where we will see Economic saving and cost benefit analysis of saving extra human effort and money and utilizing that money to good effect where the cost will benefit the company to additional profits.
Mainly ECI will like to implement this plan to do some profit with cost cutting and savings in salaries of employees per year to put this costing to something more benefiting.
Cost Benefit Analysis :
The Cost benefit Analysis will be the most key feature to look upon in this aspect of any project plan , the Cost of the project plan to be implemented that will be implemented to work on the Benefit to the organization should be decided , so this plan come to a full profit in the near future. One would first think of the tangible costs that are easily to determine and estimate, such as hardware and software cost, or labor cost.
Below are some terms which are used in Economic feasibility study for the projet to be passed.
I. Net Present Value (NPV)
II. Internal Rate of Return (IRR)
III. Profitability Index (PI)
IV. Net operating benefits per unit of investment method

Here are some key points that can be looked upon.
1. ECI wants to reduce salaries of ...

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