BUS425 Lynn University Project Selection Matrix Business Report Please download Project 1 and use it to complete the assignment. Project 1 Deliverables:

BUS425 Lynn University Project Selection Matrix Business Report Please download Project 1 and use it to complete the assignment.

Project 1

Deliverables:

Page 1. Cover page with your name, the class name, and Lynn University

Page 2. One-page executive summary where you tell me which projects to back and why.

Page 3. Appendix where you copy and past your tables.

Table 1. Selection Matrix

Table 2. Payback Period

Table 3. NPV Model

Useful guidelines for how to write a business report:

How to Write A Business Report How to Write A Business Report:
BUS 425
By: Bell Cooper, Ph.D.
Lynn University
(Hint: Adding a title page makes your report look more professional!)
Hint: Adding Page numbers can help your client/supervisor navigate the report!
I.
Executive Summary
(Hint: Adding bold titles for each section will help with professionalism and navigation!
Adding a table of contents is also very helpful!)
This section is similar to an abstract in APA format. You will give a paragraph or two
highlighting all of the important information in the report. The purpose of this section is for
someone to gather all of the necessary information in a short amount of time. It is up to you to
decide how to format your report. Sometimes the company you work for will have specific
templates. Otherwise, it is your responsibility to make the report look neat and professional.
II.
Opportunity/Problem/Concern/Introduction
(Hint: Determine how to label this section based on the language of the request.)
This section details the problem or opportunity that has been presented to you. Why is
this report being prepared? What is the issue that your client/supervisor/colleague wants
solved? Use as much detail as possible to show that you understood the issue completely.
During your entire report, take into account the people who may be reading this. Is it a
top executive who won’t understand complicated statistical methods? Is it a data analyst who is
more interested in numbers? Is it a client who is just looking for a recommendation? In this
section, discuss what you aim to achieve through this report. Many times, there will be multiple
levels of readers. Make sure you tailor the report to address all levels. “As a result of this
report, my readers will know ______.”
The introduction should:
• briefly describe the context
• identify the general subject matter
• describe the issue or problem to be reported on
• state the specific questions the report answers
• outline the scope of the report (extent of investigation) and any assumptions
• preview the report structure
• comment on the limitations of the report and any assumptions made.
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(Adapted from Emerson, 1995, p. 35)
III.
Findings and Discussion
(Hint: Sometimes, there will be a section highlighting the conclusions and
recommendations before this. It is up to you how you’d like to structure the report. If you think
it is appropriate to report the conclusions first, then do so.)
Approach
This section details how you went about solving the problem. What analytical tools did
you use? What data did you collect? What research did you do? Who did you speak to
regarding this issue?
Analysis and Results
This is the main part of your report, so use as much detail as you can! Report actual
numbers here. Organize this information in a logical and systematic way. This is also a great
place to report any tables or plots.
IV.
Conclusions and Recommendations
This section will detail what conclusions you have drawn from your findings above.
When writing conclusions: (Guffey, Rhodes & Rogin, 2001, p. 391)
• interpret and summarize the findings; say what they mean
• relate the conclusions to the report issue/problem
• limit the conclusions to the data presented; do not introduce new material
• number the conclusions and present them in parallel form
• be objective: avoid exaggerating or manipulating the data.
When writing recommendations: (Guffey, et al. 2001, p. 392)
• make specific suggestions for actions to solve the report problem
• avoid conditional words such as maybe and perhaps
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• present each suggestion separately and begin with a verb
• number the recommendations
• describe how the recommendations may be implemented (if you were requested to
do this)
• arrange the recommendations in an announced order, such as most important to least
important
Make sure you discuss the impact of your recommendations and any issues/costs that might
occur as a result of your recommendations.
V.
References
Any information taken from sources other than your own head (including lectures by Dr.
Cooper) should be documented here in APA format! These are the references I used for this:
Emerson, L. (Ed.) (1995). Writing guidelines for business students. Palmerston North: The
Dunmore Press.
Guffey, M.E., Rhodes, K., Rogin, P. (2001). Business communication: Process and Product, 3rd
Canadian Edition. Scarborough: Nelson Thomson Learning. Pp. 461-473.
Victoria University of Wellington. (April, 2017). How to write a business report. Retrieved from:
https://www.victoria.ac.nz/vbs/teaching/resources/VBS-Report-Writing-Guide-2017.pdf
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You are the head of project selection for Broken Arrow Records (BAR). Your team is considering
three new projects, each with a unique sound and style. Based on past history, management
requires a 20% rate of return. Additionally, they have allocated $1 million toward the
production of these albums. Finally, management wants you to find new talent without taking
risks. So, give the following weights to projects;
New Artist = 10, Risk = 6, Genre = 3, Diversity = 2
Given the following information about each project, prioritize each project. That is, put them in
order of which BAR should do first, second, and third; money permitting, of course.
Note: You will use the Project Selection Matrix, the Payback Period, and the NPV to make your
decision.
Project: Time Fades Away
New Artist: 10
Risk: -10
Genre: 7
Diversity: 3
Year
0
1
2
3
4
5
Investment
Revenue
-$600,000.00
$0.00
$0.00 $500,000.00
$0.00
$75,000.00
$0.00
$20,000.00
$0.00
$15,000.00
$0.00
$10,000.00
Project: Tears in the Rain
New Artist: 5
Risk: -5
Genre: 9
Diversity: 2
Year
0
1
2
3
4
5
Investment
Revenue
-$400,000.00
$0.00
$0.00 $400,000.00
$0.00 $100,000.00
$0.00 $25,000.00
$0.00 $20,000.00
$0.00 $10,000.00
Project: On the Beach
New Artist: 2
Risk: -2
Genre: 3
Diversity: 2
Project: On the Beach
Year Investment
Revenue
0
-$200,000.00 $
1
$
$275,000.00
2
$
$75,000.00
3
$
$10,000.00
4
$
$7,500.00
5
$
$1,500.00

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