Question

provide explanation how you would complete a milestone with the given time period

Your group has already selected a business in Assignment #1 and 2 that you want to start and The Pas, Thompson or your community. Explain the following terms considering your selected business using real-life data/information as required 1. Implementation Schedule This section of the feasibility study explains a detailed schedule for implementation of the product or service that you have considered in Assignment #1 and 2. This section will include some of the milestones and timeframes for completion. Provide explanation how you will complete a milestone with the given time period. Examples: November 12, 2019: Gathering details information November 31, 2019: Complete feasibility study and business plan December 25, 2019: Completing agreements property January 15, 2020: Completion of the development/upgrading property ...etc. 2. Expected Financial Projections The expected financial projections for the feasibility study provides a detailed description of the financial projections. Examples of presenting these projections includes net present value, cost- benefit calculations, balance sheets etc. You also need to provide the assumptions on which the financial projections are based. Provide at least 5 years projections. You may divide the costs into fixed and variable costs. Examples: Sales revenues Shipping and insurance costs Additional costs when sales increases - Technology and/or maintenance costs - Staffing/training costs

Answer 1

1. Implementation schedule

• It is a schedule or list of sub-activities involved in completing the main activity from start to the end i.e., delivering the expected results/output to the stakeholders.
• It starts with
  • Conceiving the idea - Developing story for a movie
  • give outline or drafting blue print - convert the story to a script
  • assemble resources - assemble actors and actresses
  • execute the project - produce a movie
• Important aspect of implementation schedule is allocation of time and resources and monitoring of the timelines to ensure the target/milestone is achieved within specified timelines and to address deviations.

2. Expected Financial Projections

Particulars YO Y1 72 73 74 Cost - type USD USD USD USD USD 100,000.00 110,000.00 121,000.00 133,100.00 146,410.00 Y5 USD 161,051.00 Sales - A Shipping and insurance cost Variable Cost Additional sales revenue cost Variable Cost Technology and maintenance cost Fixed Cost Staff Training Cost Fixed Cost Total Expenditure - B Net Profit A-B 10,000.00 5,000.00 25,000.00 20,000.00 60,000.00 40,000.00 11,000.00 5 ,500.00 27,500.00 22,000.00 66,000.00 44,000.00 12,100.00 6,050.00 30,250.00 24,200.00 72,600.00 48,400.00 13,310.00 6,655.00 33,275.00 26,620.00 79,860.00 53,240.00 14,641.00 7,320.50 36,602.50 29,282.00 87,846.00 58,564.00 16,105.10 8,052.55 40,262.75 32,210.20 96,630.60 64,420.40