Pm 592 Course Project 1

In: Business and Management

Submitted By wazzynigga
Words 1381
Pages 6
PM 592 COURSE PROJECT

John Lawson,
Mathew Freeman
ENERGY EFFICIENCY INSTALLATION BUSINESS VENTURE PILOT PROJECT

TABLE OF CONTENTS:

Item | Page | 1.0 Executive Summary | 2 | 2.0 Project Description | 2 | 2.1 Major Activities | 3 | 2.2 Resources | 3 | 2.3 Project Milestone | 4 | 2.4 Assumptions | 4 | 2.5 Project Deliverables | 4 | 2.6 Constraints | 4 | 2.7 Risk Management | 5 | 3.0 Work Breakdown Structure | 6 | 4.0 Cost Estimates | 8 | 4.1 Cost Estimation Assumptions | 8 | 4.2 Cost & Contingency Estimation | 9 | 5.0 Financial Analysis | 11 | 6.0 Project Schedule | 12 | 7.0 References | 12 |

1.0 Executive Summary

This project is a pilot project for the development of a business venture to promote the installation of energy efficiency and conservation features into homes to save home owners money through the reduction of monthly energy bill. The objective of the project is to install energy efficiency features into a home of about 2500 square feet in Atlanta, Georgia and expected to be completed within 5 months at an estimated cost of $96,558.21, using a three point estimation; and achieve about 50% savings in energy usage.
The expected benefits include: * Reduced utility and maintenance costs * Increased home comfort * A healthier and safer indoor environment * Improved building durability * Ultimate increase in home value
The project will begin on April 16, 2013 and be completed on November 20, 2013. A Financial Analysis on the cost and potential energy savings shows a positive net present value (NPV) of $49,889.24. The project is therefore financially viable and should be approved for bank financing.

2.0 Project Description
ATL Energy Inc. is a business venture firm that undertakes entrepreneurial projects in the Energy Sector worldwide.…...

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