Report

Your Task
This assessment is made up of two parts:
• Part A students are asked to imagine they have been engaged by a Renewable Energy (utilities)
company to develop a report on key aspects of project risk management and how they might be
used in proposed future projects in order to manage and limit risk.
In Part A you are asked to write a report based on one of the below companies:
Infigenergy: https://www.infigenenergy.com/
Tilt Renewables: https://www.tiltrenewables.com/
The company you will analyse will depend on the LAST digit of your student number:
o 0 and 5 = Infigenergy
o 6 and 9 = Tilt Renewables
• In Part B you are asked to conduct a capital budgeting analysis for the second company Tilt
Renewables. Answer the short answer questions.
Page 2 Kaplan Business School Assessment Outline
Assessment Description.
PART A (20 marks)
The report should begin with a short executive summary and conclude with several, short general
recommendations. The content you include in the report should link the project management principles
detailed below with the practices of the renewable energy company you have been allocated.
The topics on which students need to make recommendations in their report include:
i) Project selection – How should the company you select determine what projects to undertake and
what ones to avoid? What tools, measures, and practices are available to project analysts in this
industry?
ii) Cost management – What is the role of project cost management for your chosen company? Why is it
important? What strategies or approaches should the company you have chosen adopt in order to
effectively manage project costs?
iii) Funding – What funding measures or options are generally available to assist companies like the one
you have chosen to fund proposed new projects? The report should include reference to any
implications associated with different funding types or models.
iv) Implementation and winding up – Are there any particular issues associated with commencing a
project that your company must consider? Why are they important? Who do they impact or affect?
What happens when the project finishes? How are projects wound up? Do they just end or are there
resource or infrastructure considerations? Are there environmental issues associated with the end of
a project?
Where possible, students should relate each section back to the renewable energy company they have been
allocated. The executive summary should bring together general recommendations for the student’s chosen
company relating to i)-iv).
Students should provide between 100-200 words per topic, together with approximately 200 words in total for
the executive summary and final recommendations.
Page 3 Kaplan Business School Assessment Outline
PART B (20 marks)
Consider the following three sources and answer the following questions directly. You do not need
to write a lot for each question and for some you will need to use excel calculations. Submit you
excel spreadsheet together with your report in the separate submission inbox on the
assessment table.
Source 1: Tilt Renewables Snowtown North Solar Energy Farm
https://www.tiltrenewables.com/assets-and-projects/Snowtown-North-Solar-Energy-Farm/
Source 2: Tilt Renewables (TLT.NZ) Yahoo Finance
https://au.finance.yahoo.com/quote/TLT.NZ/
Source 3: Tilt Renewables Financials
https://au.finance.yahoo.com/quote/TLT.NZ/financials?p=TLT.NZ
You have been employed as a project manager by Tilt Renewables and asked to evaluate a solar
farm project at Snowtown run by Tilt Energy (See Source 1).
You have been asked to evaluate whether Tilt Renewables should undertake the Snowtown North
Solar Energy Farm based on the above sources. Assume this project has not yet been approved.
• Assume this is a twenty-five-year project.
• Consult source 1 for the estimated initial outlay/investment today (year 0)
• The investment will be depreciated on a straight-line basis over twenty five years to 0 book value.
It is estimated that the solar farm can be sold at the end of year 25 for $10 million.
• The solar farm will sell $10,000,000 worth of electricity each year into the grid from year 1-25
• Operating expenses for 25 years are $5 per solar panel per year (see number of solar panels
from Source 1)
• The tax rate is 30%. All cash flows are annual and are received at the end of the year. The
discount rate is 10%.
a) Based on the above information calculate the FCFs of the project. (10 marks)
b) Calculate the NPV for the solar farm. Should Tilt Renewables undertake this project? (5 marks)
c) Does the NPV take into account the CO2 emission reductions that the project will lead to (See
Source 1)? Should it take this into account? Why or why not? (2 marks)
d) What is the debt to equity ratio in 2019 of Tilt Renewables according to source 3? How does this
compare to other utility companies? What is the current share price according to Source 2 and
when were shares first issued? (3 marks)
Page 4 Kaplan Business School Assessment Outline
Assessment Rubric (Part A)
The following rubric will be used for Part A. Part B will be marked based on your responses to each
question.
Integrate project management theory with real-world company practices to make
actionable recommendations on below topics
Criteria Requirement Marks Available
i) Project Selection Describe tools and practices
used to select a project for the
chosen company.
Analyse an example of the
practices used by your chosen
to company to select between
projects.
200-400 words
3 marks
ii) Cost Management Describe the role and
importance of a cost manager
and strategies to manage
project costs.
Recommend cost management
strategies that your company
should undertake with reference
to theory and real-world data
200-400 words
4 marks
iii) Funding Describe the sources of funding
for projects and the benefits or
costs of that funding (see topic
8).
Evaluate what funding options
are available to your chosen
company and determine the
implications of these options.
200-400 words
4 marks
iv) Implementation and
winding up
Outline the process and issues
associated with starting and
finishing a project.
Evaluate resource,
infrastructure and environmental
issues to do with your
company’s project
implementations and make any
relevant recommendations.
200-400 words
4 marks
Page 5 Kaplan Business School Assessment Outline
Summarise recommendations for project risk management for your company with reference
to the analysis conducted in the relevant topics
Executive Summary, Conclusion
and Recommendation
The summary should briefly
describe the main issues you
identified in each section BUT
MOST IMPORTANTLY
recommend to your chosen
company the main things they
MUST consider when
managing/limiting risk in a
project.
This is about applying what you
have learnt to ADVISE what key
things they need to focus om
3 marks
Conduct relevant research of project management literature and market data and
information relevant to your company. Acknowledge your sources.
Appropriate in-text Harvard
Referencing and reference list
You must reference in text and
have a reference list at the end
of your assignment.
See Harvard referencing guide
on Academic Success Centre
portal page.
2 marks
Page 6 Kaplan Business School Assessment Outline
Important Study Information
Academic Integrity Policy
KBS values academic integrity. All students must understand the meaning and consequences
of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct
Policy.
What is academic integrity and misconduct?
What are the penalties for academic misconduct?
What are the late penalties?
How can I appeal my grade?
Click here for answers to these questions:
http://www.kbs.edu.au/current-students/student-policies/.
Word Limits for Written Assessments
Submissions that exceed the word limit by more than 10% will cease to be marked from the point
at which that limit is exceeded.
Study Assistance
Students may seek study assistance from their local Academic Learning Advisor or refer to the
resources on the MyKBS Academic Success Centre page. Click here for this information.