Answer all 3 in at least 2 to 3 paragraphs. Cite your sources/references in APA at the end of your main post:
1. Define and describe what it means to formulate a hypothesis
2. Think of an issue or a problem in health care services that you are familiar with and share what your hypothesis would be if you were planning to research improvements for this issue/problem.
3. Which study design/type from the readings would you apply to your research and why?
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For this discussion, you’ll watch “Terms of Endearment” for some background. Terms of Endearment is a movie from 1983. It’s a comedy/drama that focuses on family dynamics and the stormy relationship between a mother and daughter. As you watch it, think about family roles, matriarchal families, and how definitions of family can vary. You’ll find the first clip below. If you click on the actual YouTube link (“Terms of Endearment Movie Clips) below, you’ll see the rest of the clips to the right of the video. After doing so, you will create a four slide PowerPoint that explores extended family, the matriarchal family, homogamy the function that family holds, how families enforce/set social norms, and what family means to you.
Assignment:
4 slide PowerPoint. This will include the following slides:
Slide 1. A definition of extended family, matriarchal family and homogamy
Slide 2. What functions does the extended family provide and how does it perform those functions?
Slide 3: How do families enforce/set social norms?
Slide 4: In your own words, what does family mean to you?
Due
7/
21
PRINCIPLES OF SOCIOLOGY
Read chapter
14
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Introduction to Marriage and Family
Book PDF Attached & here is link
https://openstax.org/books/introduction
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sociology
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2e/pages/1
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introduction
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to
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sociology
Watch these videos
For this discussion, you’ll watch “Terms of Endearment” for some background. Terms of Endearment is a movie from
1983. It’s a comedy/drama that focuses on family dynamics and the stormy relationship between a mother and
daughter. As you watch it, think a
bout family roles, matriarchal families, and how definitions of family can vary. You’ll
find the first clip below. If you click on the actual YouTube link (“Terms of Endearment Movie Clips) below, you’ll see the
rest of the clips to the right of the video.
After doing so, you will create a four slide PowerPoint that explores extended
family, the matriarchal family, homogamy the function that family holds, how families enforce/set social norms, and
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THE CASE Challenge Founded in 2011, Skycaps Cloud Services is sharply focused on public-sector The FBI’s Terrorist Screening Center, or TSC, was established to consolidate information about suspected terrorists from multiple government agencies into a single list to enhance inter-agency communication. A database of suspected terrorists known as the terrorist watch list was created. Multiple U.S. government agencies had been maintaining separate lists and these agencies lacked a consistent process to share relevant information. Records in the TSC database contain sensitive but unclassified information on terrorist identities, such as name and date of birth, that can be shared with other screening agencies. Classified information about the people in the watch list is maintained in other law enforcement and intelligence agency databases. Recrds for the watchlist database are provided by two sources: The National Counterterrorism Center (NCTC) managed by the Office of the Director of National Intelligence provides identifying information on individuals with ties to international terrorism. The FBI provides identifying information on individuals with ties to purely domestic terrorism. These agencies collect and maintain terrorist information and nominate individuals for inclusion in the TSC’s consolidated watch list. They are required to follow strict procedures established by the head of the agency concerned and approved by the U.S. Attorney General. TSC staff must review each record submitted before it is added to the database. An individual will remain on the watch list until the respective department or agency that nominated that person to the list determines that the person should be removed from the list and deleted from the database The TSC watch list database is updated daily with new nominations, modifications to existing records, and deletions. Since its creation, the list has ballooned to 400,000 people, recorded as 1.1 million names and aliases, and is continuing to grow at a rate of 200,000 records each year. Information on the list is distributed to a wide range of government agency systems for use in efforts to deter or detect the movements of known or suspected terrorists. Recipient agencies include the FBI, CIA, National Security Agency (NSA), Transportation Security Administration (TSA), Department of Homeland Security, State Department, Customs and Border I 240 Part Two Information Technology Infrastructure Protection, Secret Service, U.S. Marshals Service, and the White House. Airlines use data supplied by the TSA system in their NoFly and Selectee lists for prescreening passengers, while the U.S. Customs and Border Protection system uses the watchlist data to help screen travelers entering the United States. The State Department system screens applicants for visas to enter the United States and U.S. residents applying for passports, while state and local law enforcement agencies use the FBI system to help with arrests, detentions, and other criminal justice activities. Each of these agencies receives the subset of data in the watch list that pertains to its specific mission. When an individual makes an airline reservation, arrives at a U.S. port of entry, applies for a U.S. visa, or is stopped by state or local police within the United States, the frontline screening agency or airline conducts a name-based search of the individual against the records from the terrorist watch list database. When the computerized name-matching system generates a “hit” (a potential name match) against a watch list record, the airline or agency will review each potential match. Matches that are clearly positive or exact matches that are inconclusive (uncertain or difficult to verify) are referred to the applicable screening agency’s intelligence or operations center and to the TSC for closer examination. In turn, TSC checks its databases and other sources, including classified databases maintained by the NCTC and FBI to confirm whether the individual is a positive, negative, or inconclusive match to the watch list record. TSC creates a daily report summarizing all positive matches to the watch list and distributes them to numerous federal agencies. The process of consolidating information from disparate agencies has been a slow and painstaking one, requiring the integration of at least 12 different databases. Two years after the process of integration took place, 10 of the 12 databases had been processed. The remaining two databases (the U.S. Immigration and Customs Enforcement’s Automatic Biometric Identification System and the FBI’s Integrated Automated Fingerprint Identification System) are both fingerprint databases. There is still more work to be done to optimize the list’s usefulness. Reports from both the Government Accountability Office and the Office of the Inspector General assert that the list contains inaccuracies and that government departmental policies for nomination and removal from the lists are not uniform. There has also been public outcry resulting from the size of the list and well-publicized incidents of obvious non-terrorists finding that they are included on the list. Information about the process for inclusion on the list must necessarily be carefully protected if the list is to be effective against terrorists. The specific criteria for inclusion are not public knowledge. We do know, however, that government agencies populate their watch lists by performing wide sweeps of information gathered on travelers, using many misspellings and alternate variations of the names of suspected terrorists. This often leads to the inclusion of people who do not belong on watch lists, known as “false positives.” It also results in some people being listed multiple times under different spellings of their names. While these selection criteria may be effective for tracking as many potential terrorists as possible, they also lead to many more erroneous entries on the list than if the process required more finely tuned information to add new entries. Notable examples of ‘false positives’ include Michael Hicks, an 8-year-old New Jersey Cub Scout who is continually stopped at the airport for additional screening and the late senator Ted Kennedy, who had been repeatedly delayed in the past because his name resembles an alias once used by a suspected terrorist. Like Kennedy, Hicks may have been added because his name is the same or similar to a different suspected terrorist. These incidents call attention to the quality and accuracy of the data in the TSC consolidated terrorist watch list. In June 2005, a report by the Department of Justice’s Office of the Inspector General found inconsistent record counts, duplicate records, and records that lacked data fields or had unclear sources for their data. Although TSC subsequently enhanced its efforts to identify and correct incomplete or inaccurate watch list records, the Inspector General noted in September 2007 that TSC management of the watch list still showed some weaknesses. Given the option between a list that tracks every potential terrorist at the cost of unnecessarily tracking some innocents, and a list that fails to track many terrorists in an effort to avoid tracking innocents, many would choose the list that tracked every terrorist despite the drawbacks. But to make matters worse for those already inconvenienced by wrongful inclusion on the list, there is currently no simple and quick redress process for innocents that hope to remove themselves from it. The number of requests for removal from the watch list continues to mount, with over 24,000 requests recorded (about 2,000 each month) and only 54 percent of them resolved. The average time to process a request in 2008 was 40 days, which was not (and still is not) fast enough to keep pace with the number of requests for removal coming in. QUESTIONS: a. Analyze weaknesses of the watch list. What management, organization, and technology factors are responsible for these weaknesses? (first write what is watch list, second write in what basis the watch list prepared, third you have to make a heading of the weaknesses and in this weakness for example one of the weaknesses about the typical errors and why these typical errors acquired and because of these typical errors what are the main problems will acquire. So when you talk about each weakness you have to say the weakness and why it acquired and because of this weakness what are the main problems will acquire. So you have to mention 5 weaknesses). b. Assume that you were responsible for the management of the TSC watch list database, recommend steps that would you take to correct some of these weaknesses. (here you have to write the solutions for the above weaknesses)
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Assessment 2 Detail In this assignment students are required to read the case study below, conduct research to support discussion, use examples, address the following case study questions and find solutions to problems. Unilever Unifies Globally with Enhanced ERP Unilever is the third largest consumer goods company in the world behind Procter & Gamble and Nestle. This Anglo-Dutch multinational boasts more than 400 brands, sells its products in more than 190 countries, and employs more than 175,000 people worldwide. Unilever has operating companies and factories on every continent and subsidiaries in almost 100 countries. Twelve Unilever brands including such recognised names as Knort, Hellman’s Lipton, and Dove- groceries revenues of more than 1 billion Euros (US $1.15 billion) each year. Unilever is organised as two separate holding companies. Unilever PLC (public limited company), headquartered in London, United Kingdom, and Unilever N.Y, headquartered in Rottendam, The Netherlands. The two legal divisions operate as nearly as possible a single economic entity- the Unilever Group. To grow its business in developing and emerging markets, Unilever needed to unity its core business processes. Standardised processes were essential to manage volatile prices and changing commodity supplies effectively. However, prior to 2007, ambitious companywide goal setting such as this was not feasible. At that point, almost every business in each of the more than 190 countries in which Unilever operated functioned as an independent division. Every transaction for each order Unilever receives material it produces, item it ships, and invoice it issues runs through ERP systems. Ten years ago, there were 250 different ERP systems trying to do this work, and this was too complicated for running a global business that can doubling its transaction volume. Unilever has been trying to consolidate and simplify its technology platform so that it would support the company operating as a single global entity. Unilever transitioned to running its worldwide business on only four instances these landscapes as one global platform by 2015. With transactions slated to reach 60,000 per minute worldwide. Unilever sought additional tools to increase transaction processing speed. At the end of 2012, the company started to use SAP HANA in- memory computing tools for some key SAP ERP applications. SAP HANA s very well suited for performing read-time analytics and processing extremely large numbers of transactions very rapidly. Using HANA reduced the number of days to produce the month-end close from three to just one. HANA also made it easier for Unilever to input raw material costs and quickly calculate product price. Understanding its margins- the per cent profit after all costs have been deducted- helped Unilever analyse ways to improve them. Unilever’s enterprise data warehouse (EDW) system extracts, transforms, and integrates ERP transaction data for use in reporting and data analysis. A profitability analysis accelerator analyses reams of financial data and outputs valuable statistics about costs and profit drivers. By mid-2013, the SAP CO-PA (Controlling Profitability Analysis) HANA Accelerator had been added to all four Unilever regional ERP centres. Profitability Analysis (CO-PA) is a module of SAP ERP software that allows users to report sales and profit data by using different customised characteristics (such as customer, country, product,) and key figures (such as number of units, price, and cost). The HANA Accelerator works with a firm’s existing SAP CO-PA system. Transaction remains in the ERP system, but queries are processed using HANA. SAP CO-PA Accelerator makes is possible for firms to perform real-time profitability reporting on large data volumes, conduct instant analysis of profitability data at any level of granularity, aggregation, and dimension, and run cost allocations at significantly faster processing times. Cost Centre assessment time was reduced. 39%, pushing this data into CO-PA in 6.7 hours rather than 11 hours and speeding profitability reporting. Overall, controlling and profitability reports were produced ten times more quickly. The Material Ledger Accelerator reduced run time for period- end closing reports by 66%, and cost reduction opportunities were identified by the Overall Equipment Effectiveness (OEE) Management platform. Four and a half billion records for General Ledger line items and more than 400 million controlling and profitability analysis records are now run through the CO-PA Accelerator. Next, SAP Cash Forecasting was added to SAP ERP Financials to maximise the use of working capital and cash. Product Cost Planning was incorporated to help Unilever plan the costs for materials independently from orders; set prices for materials, operations, production lines, and processes, analyse the costs of manufactured materials; and assess product profitability. The time to analyse the approximately 150 million records produced each month was halved, and product cost forecasts could be generated in 30 seconds, down from several minutes. Unilever wanted to maximise product availability on store shelves during new product launches and promotional campaigns. Since trade promotion processes drive a significant portion of its sales, Global ERP Vice President Marc Bechet wanted to enhance the speed and efficiency with which they could be planned, budgeted, and executed and in how stock was allocated. Previously, Unilever used a process through which stock was sequentially assigned to orders as they were received. There was no mechanism for assigning limited stock between customers running a promotion and those who were not. Using HANA- accelerated trade promotion management tools available, different inventory matching scenarios are instantly available. Allocation options can be compared and the most profitable chosen. Inventory shortfalls can be handled while safeguarding current promotions to the maximum extent possible. Plans are now underway to add in-memory technology to the rest of the SAP Business Suite. By significantly cutting the time it takes to calculate product costs, the HANA in-memory database accelerators fast-track raw material sourcing decisions and pricing analysis. Unilever estimates that time spent tracking raw materials has declined by 80%. Without the ERP enhancements Unilever devised and implemented, the company would have had a difficult time tracking the 10,000 home and personal care products that use the 2,000 chemicals that must be reduced to meet the European Union’s REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) regulations and its own more stringent sustainability goals. Consolidation of its ERP platforms and the transaction and processing speed of the HANA platform are the keys to improved performance, reporting, and scalability that will enable Unilever to fulfill its ambitious growth, social impact, and environmental goals. Sources: ‘Unilever: Implementing SAP HANA to Achieve Rapid Global Innovations’, www.accentuate.com, ‘Unilever Puts SAP at the Captain’s Table’, ComputerWeekly.com, ‘Unilever: Upgrading European SAP Platform’, www.accentuate.com; ‘Doing Things Differently to Make a Big Difference in the world’, SAP.com, ‘Unilever SAP HANA’, www.accentuate.com, ‘Our Compass Strategy’, www.unilever.com; Kent Murphy, ‘Unilever Goes Global with a Transformative SAP HANAProject’, SAP InsiderPROFILES. Exercise Imagine you are the CEO of a company in need of IS solutions to your business needs- similar to Unilever, looking for ways that technology can assist with sales. By reading the above case study, you want to implement an Enterprise Resource Planning strategy. You are required to read the case study, conduct research to help you address the following questions with supporting evidence. 1. Identify the problems facing Unilever in the case study. Discuss what management, organisation, and technology factors were responsible for these problems. 2. How is ERP related to Unilever’s business strategy? How did consolidating ERP systems support Unilever’s business strategy? 3. How effective was the solution the company chose? 4. How did Unilever’s new systems improve operations and management decision making? Give two examples. 5. Discuss what steps would you take to make sure your new ERP system will be successful? 6. Discuss the benefits of new ERP system for your business. How will it change operational activities and decision making at your business? 7. What are the strategic objectives that firms trying to achieve by investing in information systems such as ERP? Provide example(s) of how a firm could use ERP systems to achieve the objectives.
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For achieving high grades, make sure you have answered all underlined parts of the questions. – Ensure proper paraphrasing to demonstr ate your understanding. – Questions ar e not equally weighted. LO1 1. Describe the process of protein synthesis (transcription and translation) starting in the nucleus until a functional protein has been made. 2. A boy with colour blindness, has a mother with normal colour vision and a father with colour blindness. Answer the following questions: a. Did the boy inherit the gene for colour blindness from his mother or his father? b. Explain your answer to question 2a by using a Punnett square to identify the source of the colour blindness gene that was passed on to this boy. c. Explain this type of heredity. 3. Describe in detail the phases of the ovarian cycle (include in your answer all the hormones involved). 4. Describe the journey of the sperms through the female reproductive system until the combination of the maternal and paternal chromosomes has occurred. Suggested literature: Marieb, E.N., & Hoehn, K. (2019). Human anatomy and physiology (11th ed.). Pearson. LO3 1. Describe the internal composition and the external structure of bacterial cells. Include in your answer, the size, shape, and the features of Gram-negative and Gram-positive cell walls. 2. Discuss how bacteria may develop resistance to antimicrobial medicines (discuss at least three mechanisms). 3. Explain the six-step sequence of reproduction, when a DNA virus invades a human cell. 4. a. Outline the exogenous sources of infections in health facilities. b. Define the following three microbiological terms. Include an example of a micro-organism for each term: – Mutualism: – Commensalism: – Parasitism: c. Define antigenic variation and explain at least one way in which microbial antigens can be changed. Suggested literature: Lee, G., & Bishop, P. (2016). Microbiology and infection control for health professionals (6th ed.). Pearson
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Assessment Title Qualitative and Quantitative Research Methods Learning Outcome/s • Analyse ethical issues and considerations and their relevance in applied business research. • Apply research theories and methodologies to assist in developing a business research proposal. • Succinctly communicate arguments that reflect a synthesis of literature and business research concepts • Utilise critical thinking to analyse managerial problems and formulate relevant research questions and research design. Assessment type (group or individual) Individual Weighting 25% Word count 1500 Due date Week 8 Class submission Lecture ? Tutorial ? Submission type Paper copy ? Turnitin ? Format / Layout of Assessment (details of what to include) (cross the appropriate check boxes) Report: ICMS Cover Page Table of Contents Synopsis / Executive Summary Introduction Findings Conclusion Recommendations Reference List Appendices ? ? ? ? ? ? ? ? ? ? Essay: ICMS Cover Page Abstract Introduction Body Conclusion Recommendations Reference List Appendices ? ? ? ? ? ? ? ? ? Page 1 of 2 ASSESSMENT TEMPLATE___________________________________________________ Oral Presentation: Paper submission PowerPoint submission Peer review (group presentation) Reference List ? ? ? ? Other: (outline specific details here – use check boxes) Assessment instructions (clear, succinct, without repetition) In this assignment, students need to: • Review a range of qualitative and quantitative research methods which align to their research question and literature review; and • Write a 1500-word research methodology report on how they will address their research question and to provide an argument about why they chose those research method/s and how the data will be analysed. Please pay attention to notes below: • Reports are to be submitted to Turnitin at week 8 • You will be expected to have consulted books, at least 15 relevant recent academic journal articles, conference proceedings, theses, dissertations, market reports and so on to prepare the report from quality sources listed in scholarly databases • Use proper in-text citations and referencing • Do not plagiarize • For style you need to use follow carefully the style guide document on the Moodle. Readings for the assessment (instructions where they can be found e.g. MyAthens database, Moodle etc.) • Lecture notes (Moodle) • Recommended textbooks in the unit outline • Prescribed articles available on MyAthens database Grading Criteria / Rubric The following criteria will be used to assess this assignment: • Structure of the essay, clear headings and sub headings • Clarity, consistency and conceptual accuracy of arguments • Logical flow for the literature review • Complete and accurate in-text citation and referencing Peer Review Evaluation (group work – optional) N/A Page 2 of 2 Assessment 2 – Qualitative and Quantitative Research Methods (25%) Criteria Description Weight Poor=1 Weak=2 Average=3 Good=4 Excellent=5 Rigor Does the essay/report benefit from adequate (minimum 15) resources balanced between qualitative and quantitative research? Max. 5 marks Clarify of argument Are analytical arguments about the choice of methods and design clear and easy to understand? Max. 5 marks Structure Is essay professionally structured in terms of headings, sub headings and paragraphing ? Max. 5 marks Quality of references used Are all used references peer-reviewed? Max. 5 marks Citations and referencing formats Are in-text citations and referenced formatted according to the prescribed styles and formats? Max. 5 marks
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Now that you have completed the assignments, it is time to complete your research project for the course. Include the following sections in your submission.
Title Page Table of Contents Executive Summary Introduction Statement of the Problems Literature Review Research Objectives Research Questions and Hypotheses Research Methodology, Design, and Methods Research Methodology Research Design Research Methods Data Collection Methods Sampling Design Data Analysis Procedures Data Analysis: Descriptive Statistics and Assumption Testing Data Analysis: Hypothesis Testing Findings Recommendations References
Please follow the Unit VII project template to complete your assignment. Please refer to the Course Project Guidance document for help.
The title and reference pages do not count toward the page requirement for this assignment. This assignment should be no less than three pages in length, follow APA-style formatting and guidelines, and use references and citations as necessary.
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ASSESSMENT 3 BRIEF Subject Code and Title PROJ6000: Principles of Project Management Assessment Assessment 3 – Project Charter Report Individual/Group Individual Length 2,000 words (+/- 10%) Learning Outcomes The Subject Learning Outcomes demonstrated by successful completion of the task below include: a) Assess the importance of project management concepts within an organisational context. b) Compare and contrast project management methodologies and their application within global project contexts. c) Identify and analyse the key processes of a project lifecycle. d) Evaluate and apply tools and techniques used in the project initiation phase. e) Critically reflect on the leadership competencies necessary to succeed in global project management environments. Submission By 11:55pm AEST/AEDT Sunday of Module 6.1 Weighting 40% Total Marks 100 marks Task Summary After reading the project case study, use it to develop a 2,000-word Project Charter, describing the entire project in a short, succinct, and professional document. Context Project leadership is about inspiring the project team to do their best from the outset. This requires a combination of verbal and written communication skills and a range of applied leadership skills. One of the foundational documents that helps “kick off” a project is the Project Charter. The Project Charter describes the entire project in a short, succinct, and presentable document that can be shared with project staff or other stakeholders and aims to commence the project in earnest. The Project Charter helps to clarify the project context, the project team roles, and the goals of the project. Instructions You will be given a project case study to use in order to develop your Project Charter. Though all students will receive the same case study, it is expected that each student will think about the project from their own perspective as an up-and-coming project manager in order to formulate a unique Project Charter. Use your own style based on your critical thinking of what it means for you PROJ6000_Assessment_3_Brief_Report_Module6.1 Page 1 of 6 to lead a project. You may use one of the templates provided in the learning resources or develop your own format. Please follow the instructions below: 1. Read the case study provided by your lecturer. This will form the basis for your Project Charter, because you will assume that you are the project manager for this project. 2. After reading the case study, begin to develop your project charter. This needs to be a 2,000word report (+/- 10%) and must use a minimum of six (6) references (academic literature and industry publications—please consider the case study as a 7th reference). Please ensure all references are cited in-text. 3. The Project Charter must include the following headings and should be written as if you are presenting it to the project team that will build this project. You are the project manager. The contents of your Charter should include: a. Background of the project b. Reasons for the project c. Project objectives d. Proposed project management approach or methodology/methodologies e. Constraints, limitations, and risks f. Leadership structure (project manager and his or her senior aides: list their roles and explain what each does in the project. You need to cite four (4) roles) g. Project risks and their mitigation h. Project stakeholders and how to interact with them i. The vision of the project and the type of project team culture you wish to promote in your team j. Reference list Referencing It is essential that you use appropriate APA style for citing and referencing research. Please see more information on referencing here: https://library.torrens.edu.au/academicskills/apa/tool Submission Instructions Submit this task via the Assessment 3 link in the main navigation menu in PROJ6000 – Principles of Project Management. The Learning Facilitator will provide feedback via the Grade Centre in the LMS portal. Feedback can be viewed in My Grades. Academic Integrity Declaration I declare that, except where I have referenced, the work I am submitting for this assessment task is my own work. I have read and am aware of Torrens University Australia Academic Integrity Policy and Procedure viewable online at: http://www.torrens.edu.au/policies-and-forms I am aware that I need to keep a copy of all submitted material and their drafts, and I will do so accordingly. PROJ6000_Assessment_3_Brief_Report_Module6.1 Page 2 of 6 Assessment Rubric Assessment Attributes Fail (Yet to achieve minimum standard) 0-49% Pass (Functional) 50-64% Credit (Proficient) 65-74% Distinction (Advanced) 75-84% High Distinction (Exceptional) 85-100% Knowledge and understanding of project management concepts and how to apply them within an organisational context Demonstrates knowledge and understanding of the role of project management in the initiation of new projects Percentage for this criterion = 30% Demonstrates a limited understanding of project management concepts within an organisational context. Key components of the assignment are not addressed, including little to no application of project management concepts to the initiation of a new project or strategies to lead project success. Demonstrates a functional or partially developed understanding of project management concepts within an organisational context. Demonstrates a limited application of project management concepts to the initiation of a new project or strategies to lead project success. Demonstrates a proficient understanding of project management concepts within an organisational context. Demonstrates a proficient application of project management concepts to the initiation of a new project or strategies to lead project success. Demonstrates an advanced understanding of project management concepts within an organisational context. Demonstrates an advanced application of project management concepts to the initiation of a new project and strategies to lead project success. Demonstrates exceptional knowledge of management concepts within an organisational context. Demonstrates an exceptional application of project management concepts to the initiation of a new project and strategies to lead project success. Analysis and application with synthesis of new knowledge Limited analysis and synthesis of subject Demonstrates basic analysis and synthesis of subject Well-developed analysis and synthesis of subject Thoroughly developed analysis and synthesis of Highly sophisticated analysis and synthesis of Synthesises knowledge of the project management initiation phase and details of the assigned case study with an understanding of project management tools and techniques to develop an effective project charter Percentage for this criterion = 30% concepts to a project initiation phase. Project charter demonstrates limited or no understanding of project management knowledge, methodologies, and techniques, and/or demonstrates limited applicability to the circumstances of the assigned case study. concepts to a project initiation phase. Project charter demonstrates a basic understanding of project management knowledge, methodologies, and techniques, with some applicability to the circumstances of the assigned case study. concepts to a project initiation phase. Project charter demonstrates a welldeveloped understanding of project management knowledge, methodologies, and techniques, with wellestablished applicability to the circumstances of the assigned case study. subject concepts to a project initiation phase. Project charter demonstrates a thoroughly developed understanding of project management knowledge, methodologies, and techniques, with significant applicability to the circumstances of the assigned case study. subject concepts to a project initiation phase. Project charter demonstrates a highly sophisticated understanding of project management knowledge, methodologies, and techniques, with substantial applicability to the circumstances of the assigned case study that includes thoughtful recommendations and proposals. Effective communication (written) Effectively presents the circumstances of the case study and the required elements of a project charter Limited presentation of information related to the assigned case study, which is difficult to follow. Presents in a basic manner information related to the assigned case study. Occasionally employs specialised language and Presents in a readable and coherent manner information related to the assigned case study. Accurately employs some specialised language and Communicates coherently and concisely information related to the assigned case study in a manner that adheres to the given format. Accurately employs a wide range of specialised Communicates eloquently information related to the assigned case study. Expresses meaning coherently, concisely, and creatively within the given format. Discerningly selects and precisely employs a wide Percentage for this criterion = 30% Specialised language and terminology related to project management and the initiation phase of the project management lifecycle is rarely or inaccurately employed. Meaning is repeatedly obscured by errors in the communication of ideas, including errors in structure, sequence, spelling, grammar, punctuation, and/or the acknowledgment of sources. terminology related to project management and the initiation phase of the project management lifecycle with accuracy. Meaning is sometimes difficult to follow. Information, arguments, and evidence are structured and sequenced in a way that is not always clear and logical. Some errors are evident in spelling, grammar, and/or punctuation. terminology related to project management and the initiation phase of the project management lifecycle. Meaning is easy to follow. Information, arguments, and evidence are structured and sequenced in a way that is clear and logical. Occasional minor errors present in spelling, grammar, and/or punctuation. language and terminology related to project management and the initiation phase of the project management lifecycle. Engages audience interest. Information, arguments, and evidence are structured and sequenced in a way that is clear and persuasive. Spelling, grammar, and punctuation are mostly free from errors. range of specialised language and terminology related to project management and the initiation phase of the project management lifecycle. Engages and sustains audience’s interest. Information, arguments, and evidence are insightful, persuasive, and expertly presented. Spelling, grammar, and punctuation are free from errors. Correct citation of key resources and evidence Percentage for this criterion = 10% Demonstrates inconsistent use of good quality, credible, and relevant resources to support and develop ideas. Referencing is omitted or does not resemble APA. Demonstrates use of credible and relevant resources to support and develop ideas, but these are not always explicit or well developed. Referencing resembles APA with frequent or repeated errors. Demonstrates use of credible resources to support and develop ideas. Referencing resembles APA with occasional errors. Demonstrates use of good quality, credible, and relevant resources to support and develop arguments and statements. Show evidence of wide scope within the organisation for sourcing evidence. APA referencing is free from errors. Demonstrates use of highquality, credible, and relevant resources to support and develop arguments and position statements. Show evidence of wide scope within and without the organisation for sourcing evidence. APA referencing is free from errors. The following Subject Learning Outcomes are addressed in this assessment SLO a) Assess the importance of project management concepts within an organisational context. SLO b) Compare and contrast project management methodologies and their application within global project contexts. SLO c) Identify and analyse the key processes of a project lifecycle. SLO d) Evaluate and apply tools and techniques used in the project initiation phase. SLO e) Critically reflect on the leadership competencies necessary to succeed in global project management environments.ASSESSMENT 3 BRIEF Subject Code and Title PROJ6000: Principles of Project Management Assessment Assessment 3 – Project Charter Report Individual/Group Individual Length 2,000 words (+/- 10%) Learning Outcomes The Subject Learning Outcomes demonstrated by successful completion of the task below include: a) Assess the importance of project management concepts within an organisational context. b) Compare and contrast project management methodologies and their application within global project contexts. c) Identify and analyse the key processes of a project lifecycle. d) Evaluate and apply tools and techniques used in the project initiation phase. e) Critically reflect on the leadership competencies necessary to succeed in global project management environments. Submission By 11:55pm AEST/AEDT Sunday of Module 6.1 Weighting 40% Total Marks 100 marks Task Summary After reading the project case study, use it to develop a 2,000-word Project Charter, describing the entire project in a short, succinct, and professional document. Context Project leadership is about inspiring the project team to do their best from the outset. This requires a combination of verbal and written communication skills and a range of applied leadership skills. One of the foundational documents that helps “kick off” a project is the Project Charter. The Project Charter describes the entire project in a short, succinct, and presentable document that can be shared with project staff or other stakeholders and aims to commence the project in earnest. The Project Charter helps to clarify the project context, the project team roles, and the goals of the project. Instructions You will be given a project case study to use in order to develop your Project Charter. Though all students will receive the same case study, it is expected that each student will think about the project from their own perspective as an up-and-coming project manager in order to formulate a unique Project Charter. Use your own style based on your critical thinking of what it means for you PROJ6000_Assessment_3_Brief_Report_Module6.1 Page 1 of 6 to lead a project. You may use one of the templates provided in the learning resources or develop your own format. Please follow the instructions below: 1. Read the case study provided by your lecturer. This will form the basis for your Project Charter, because you will assume that you are the project manager for this project. 2. After reading the case study, begin to develop your project charter. This needs to be a 2,000word report (+/- 10%) and must use a minimum of six (6) references (academic literature and industry publications—please consider the case study as a 7th reference). Please ensure all references are cited in-text. 3. The Project Charter must include the following headings and should be written as if you are presenting it to the project team that will build this project. You are the project manager. The contents of your Charter should include: a. Background of the project b. Reasons for the project c. Project objectives d. Proposed project management approach or methodology/methodologies e. Constraints, limitations, and risks f. Leadership structure (project manager and his or her senior aides: list their roles and explain what each does in the project. You need to cite four (4) roles) g. Project risks and their mitigation h. Project stakeholders and how to interact with them i. The vision of the project and the type of project team culture you wish to promote in your team j. Reference list Referencing It is essential that you use appropriate APA style for citing and referencing research. Please see more information on referencing here: https://library.torrens.edu.au/academicskills/apa/tool Submission Instructions Submit this task via the Assessment 3 link in the main navigation menu in PROJ6000 – Principles of Project Management. The Learning Facilitator will provide feedback via the Grade Centre in the LMS portal. Feedback can be viewed in My Grades. Academic Integrity Declaration I declare that, except where I have referenced, the work I am submitting for this assessment task is my own work. I have read and am aware of Torrens University Australia Academic Integrity Policy and Procedure viewable online at: http://www.torrens.edu.au/policies-and-forms I am aware that I need to keep a copy of all submitted material and their drafts, and I will do so accordingly. PROJ6000_Assessment_3_Brief_Report_Module6.1 Page 2 of 6 Assessment Rubric Assessment Attributes Fail (Yet to achieve minimum standard) 0-49% Pass (Functional) 50-64% Credit (Proficient) 65-74% Distinction (Advanced) 75-84% High Distinction (Exceptional) 85-100% Knowledge and understanding of project management concepts and how to apply them within an organisational context Demonstrates knowledge and understanding of the role of project management in the initiation of new projects Percentage for this criterion = 30% Demonstrates a limited understanding of project management concepts within an organisational context. Key components of the assignment are not addressed, including little to no application of project management concepts to the initiation of a new project or strategies to lead project success. Demonstrates a functional or partially developed understanding of project management concepts within an organisational context. Demonstrates a limited application of project management concepts to the initiation of a new project or strategies to lead project success. Demonstrates a proficient understanding of project management concepts within an organisational context. Demonstrates a proficient application of project management concepts to the initiation of a new project or strategies to lead project success. Demonstrates an advanced understanding of project management concepts within an organisational context. Demonstrates an advanced application of project management concepts to the initiation of a new project and strategies to lead project success. Demonstrates exceptional knowledge of management concepts within an organisational context. Demonstrates an exceptional application of project management concepts to the initiation of a new project and strategies to lead project success. Analysis and application with synthesis of new knowledge Limited analysis and synthesis of subject Demonstrates basic analysis and synthesis of subject Well-developed analysis and synthesis of subject Thoroughly developed analysis and synthesis of Highly sophisticated analysis and synthesis of Synthesises knowledge of the project management initiation phase and details of the assigned case study with an understanding of project management tools and techniques to develop an effective project charter Percentage for this criterion = 30% concepts to a project initiation phase. Project charter demonstrates limited or no understanding of project management knowledge, methodologies, and techniques, and/or demonstrates limited applicability to the circumstances of the assigned case study. concepts to a project initiation phase. Project charter demonstrates a basic understanding of project management knowledge, methodologies, and techniques, with some applicability to the circumstances of the assigned case study. concepts to a project initiation phase. Project charter demonstrates a welldeveloped understanding of project management knowledge, methodologies, and techniques, with wellestablished applicability to the circumstances of the assigned case study. subject concepts to a project initiation phase. Project charter demonstrates a thoroughly developed understanding of project management knowledge, methodologies, and techniques, with significant applicability to the circumstances of the assigned case study. subject concepts to a project initiation phase. Project charter demonstrates a highly sophisticated understanding of project management knowledge, methodologies, and techniques, with substantial applicability to the circumstances of the assigned case study that includes thoughtful recommendations and proposals. Effective communication (written) Effectively presents the circumstances of the case study and the required elements of a project charter Limited presentation of information related to the assigned case study, which is difficult to follow. Presents in a basic manner information related to the assigned case study. Occasionally employs specialised language and Presents in a readable and coherent manner information related to the assigned case study. Accurately employs some specialised language and Communicates coherently and concisely information related to the assigned case study in a manner that adheres to the given format. Accurately employs a wide range of specialised Communicates eloquently information related to the assigned case study. Expresses meaning coherently, concisely, and creatively within the given format. Discerningly selects and precisely employs a wide Percentage for this criterion = 30% Specialised language and terminology related to project management and the initiation phase of the project management lifecycle is rarely or inaccurately employed. Meaning is repeatedly obscured by errors in the communication of ideas, including errors in structure, sequence, spelling, grammar, punctuation, and/or the acknowledgment of sources. terminology related to project management and the initiation phase of the project management lifecycle with accuracy. Meaning is sometimes difficult to follow. Information, arguments, and evidence are structured and sequenced in a way that is not always clear and logical. Some errors are evident in spelling, grammar, and/or punctuation. terminology related to project management and the initiation phase of the project management lifecycle. Meaning is easy to follow. Information, arguments, and evidence are structured and sequenced in a way that is clear and logical. Occasional minor errors present in spelling, grammar, and/or punctuation. language and terminology related to project management and the initiation phase of the project management lifecycle. Engages audience interest. Information, arguments, and evidence are structured and sequenced in a way that is clear and persuasive. Spelling, grammar, and punctuation are mostly free from errors. range of specialised language and terminology related to project management and the initiation phase of the project management lifecycle. Engages and sustains audience’s interest. Information, arguments, and evidence are insightful, persuasive, and expertly presented. Spelling, grammar, and punctuation are free from errors. Correct citation of key resources and evidence Percentage for this criterion = 10% Demonstrates inconsistent use of good quality, credible, and relevant resources to support and develop ideas. Referencing is omitted or does not resemble APA. Demonstrates use of credible and relevant resources to support and develop ideas, but these are not always explicit or well developed. Referencing resembles APA with frequent or repeated errors. Demonstrates use of credible resources to support and develop ideas. Referencing resembles APA with occasional errors. Demonstrates use of good quality, credible, and relevant resources to support and develop arguments and statements. Show evidence of wide scope within the organisation for sourcing evidence. APA referencing is free from errors. Demonstrates use of highquality, credible, and relevant resources to support and develop arguments and position statements. Show evidence of wide scope within and without the organisation for sourcing evidence. APA referencing is free from errors. The following Subject Learning Outcomes are addressed in this assessment SLO a) Assess the importance of project management concepts within an organisational context. SLO b) Compare and contrast project management methodologies and their application within global project contexts. SLO c) Identify and analyse the key processes of a project lifecycle. SLO d) Evaluate and apply tools and techniques used in the project initiation phase. SLO e) Critically reflect on the leadership competencies necessary to succeed in global project management environments.
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Assignment Instructions Assignment marks: 75 | Presentation and referencing marks: 5 Total marks: 80 Total word limit: 4,100 words Weighting: 40% Download and use the Assignment Answer Template provided in KapLearn to complete your assignment. Your assignment should be loaded into KapLearn by 11.30 pm AEST/AEDT on the due date. Refer to ‘Time remaining’ on the ‘Assignment’ page in KapLearn to ensure you submit your assignment by the specified due date and time. Learning outcomes (LO) mapping Marks LO1 Explain the interrelationships of the major domestic and global market sectors. 20 LO2 Explain the role of intermediaries in financial markets. 7 LO3 Assess the changes and impact of key economic and financial indicators on the Australian financial markets. 19 LO4 Assess the changes and impact of government and monetary policy on the Australian financial markets. 8 LO5 Compare how the different asset classes are used and traded. 15 LO7 Analyse current issues driving domestic and global financial markets in a given scenario. 6 Research, presentation and/or referencing 5 Total marks 80 Assignment details • This assignment covers Topics 1 to 7 and accounts for 40% of your final grade. • There are two (2) sections in this assignment: – Section A comprises three (3) short-answer questions worth a total of 50 marks. – Section B comprises two (2) questions worth a total of 25 marks. Answer all questions. • Marks will be awarded for presentation and referencing. • You are required to conduct research beyond the FIN101 subject materials to assist you in answering some of the assignment questions. • Refer to the Criteria-Based marking Guide for guidelines on what is expected for each question. • Full workings must be shown for all calculations. Show all calculations in the text of your assignment and not attached as an appendix. Appendices to the assignment will not be read. • Answers are to be in your own words. Reference and cite all your sources (within the text of your answer) when quoting or using material from external sources. Include a reference list at the end of your assignment. For further information on referencing, refer to the ‘Referencing and Research’ page in the ‘Build Your Skills’ hub in KapLearn. • Indicative weightings are noted beside each question. Use these weightings to assist you with your allocation of time and resources. The weightings indicate the relative importance of each question. • State all assumptions used in providing your answer. Policies • The overall word limit for the assignment is 4,100 words. Marks will only be awarded for answers up to the word limit (plus 10%) for each question. Any material written after this will not be counted towards your mark for that question. Headings, quotes and references within the body of the answer are included in the word count. Numerical tables, calculations, and reference lists are not included. For more information on word counts and their rationale, go to Assessment ? Assignment ? Assessment Preparation Guide. • The Assessment Preparation Guide contains information about format and presentation, word limits, citations and referencing, collusion, plagiarism and other policies, useful resources, submitting your assignment and accessing your results. • Follow the Harvard referencing style as recommended in Kaplan Australia: Harvard Referencing Guide located on the ‘Referencing and Research’ page in the ‘Build Your Skills’ hub in KapLearn. • Requests for special consideration or information pertaining to special consideration written in the body of the assignment will not be considered by the assessor. Refer to the ‘special consideration’ section of the Assessment Policy on Kaplan’s website for more information. Assignment presentation and referencing (5 marks) You are required to research beyond the subject notes in answering the questions in this assignment. Reference and cite all your sources when quoting or using material from external sources. Include a reference list at the end of your assignment. You are required to: • use appropriate presentation and format for your assignment • demonstrate independent research and analysis • demonstrate appropriate use of relevant references • follow the Harvard referencing style as recommended in Kaplan Australia: Harvard Referencing Guide available from the ‘Build Your Skills’ hub in KapLearn • include a reference list at the end of your assignment following the recommended referencing style • adhere to the assignment word limit. Criteria-Based Marking Guide for presentation and referencing The Criteria-Based Marking Guide (CBMG) provided at the end of each question is designed to assist students to understand what is expected of them in each question and to let you know how their performance will be judged. It provides advice about the criteria used in the marking of the question and what discriminates between an excellent, satisfactory and unsatisfactory answer. The below CBMG outlines the expectations for presentation and referencing in this assignment. Excellent (Mark range: 4–5 marks) Satisfactory (Mark range: 2.5–3.5 marks) Unsatisfactory (Mark range: 0–2 marks) • clear and appropriate assignment layout and structure • adheres to assignment and question word limits • clear evidence of independent research and analysis incorporated throughout assignment • appropriate use of referencing • accurate use of Harvard referencing style • comprehensive reference list provided at end of assignment • adequate assignment layout and structure • adheres to assignment and question word limits • some evidence of independent research and analysis • appropriate use of referencing • use of Harvard referencing style • reference list provided at end of assignment • poor assignment layout and/or structure • assignment is significantly under or over the word limit • no demonstrated independent research or analysis • no use of references • referencing does not use Harvard referencing style • no or inadequate reference list provided at end of assignment Section A There are three (3) short-answer questions in this section worth 50 marks. Answer all questions. Section A of the assignment relates to the information presented in the ECC case study. Refer to the case study on the assessment page and the feedback you received for Analysis Task before attempting this assignment. Question 1 Global influences on individual companies (15 marks | Word limit: 900 words) LO1 Explain the interrelationships of the major domestic and global market sectors LO2 Explain the role of intermediaries in financial markets LO3 Assess the changes and impact of key economic and financial indicators on the Australian financial markets You have been asked by the board to build upon the preliminary work that you performed earlier for James and David; collating those notes into a more thorough briefing pack. The board is interested in two key areas: (a) In the context of ECC having to choose between the Indonesian Investment and thus becoming IPC, or the acquisition and thus becoming ECR; discuss the key domestic and global financial drivers applicable to both scenarios, explaining the key interrelationships that exist between domestic and international markets. (10 marks — 600 words) (b) Given the above response, the board is concerned about recent high growth in Australia and is nervous about any RBA intervention. In the context of the above, comment on how your views in (a) may change if we start to see the RBA increasing rates steadily over the coming two years. (5 marks — 300 words) Note: You should build upon your answers from the analysis task. marks are awarded for your justification and research into the topic. Use the start date of your study period as your base. Criteria-Based marking Guide for Question 1(a)–(b) Excellent (Mark range: 11–15 marks) Satisfactory (Mark range: 7.5–10.5marks) Unsatisfactory (Mark range: 0–7 marks) • draws on advantages and disadvantages listed in analysis task • has clearly stated an opinion on ECC expansion with comprehensive justification discussing the key domestic and global financial drivers applicable to both scenarios and explaining the key interrelationships that exist between domestic and international markets • clearly shown evidence supporting their justification • evidence is supported with extensive independent research • draws on advantages and disadvantages listed in analysis task • has stated an opinion on ECC expansion with some justification adequately discussing the key domestic and global financial drivers applicable to both scenarios and explaining the key interrelationships that exist between domestic and international markets • has shown some evidence supporting their justification • evidence is supported with some independent research • does not draw on advantages and disadvantages listed in analysis task • has not stated an opinion on ECC expansion and/or with little (or no) justification discussing the key domestic and global financial drivers applicable to both scenarios and explaining the key interrelationships that exist between domestic and international markets • little (or no) evidence to support their justification • little (or no) evidence supported by independent research
Question 2 Impact of economic growth (25 marks | Word limit: 1,000 words) LO1 Explain the interrelationships of the major domestic and global market sectors. LO3 Assess the changes and impact of key economic and financial indicators on the Australian financial markets. At a recent board meeting, many of the board members raised concerns regarding the outlook for global economic growth as well as the possibility that ECC’s contracts with China will not achieve the scale of the projected profitability. Note: Use the start date of your study period as your base. (a) Evaluate the outlook for global economic growth over the next twelve months. In your answer include a percentage forecast for global economic growth. Within your evaluation, you should discuss: • how markets are interrelated, and can directly impact upon each other • what impact this has on the global commodities market, with particular attention to the energy markets, given this macro-economic global view, and your stated perspective on China • any currency impacts this may have on the Australian dollar, the Indonesian Rupiah, and the Chinese RMB. (15 marks — 500 words) (b) (i) The Chinese economy has changed drastically since the early 2000’s. As a result, Chinese Government authorities are presently in the process of restructuring their economy. The board would like to understand what this restructuring is; what this means for the future of Chinese economic growth; and what sectors of the domestic and international economy will be impacted. Briefly explain: • what this restructuring is • what this means for the future of Chinese economic growth, and • what sectors of the domestic and international economy will be impacted? (4 marks — 200 words) (ii) Given these changes as anticipated, what do you anticipate these forecasts mean for ECC as a board. Explain what impact these changes will have on ECC, on Australian financial markets, and other related markets (such as commodities)? (6 marks — 300 words) Criteria-Based Marking Guide for Question 2(a)–(b) Excellent (Mark range: 19–25 marks) Satisfactory (Mark range: 12.5–18.5 marks) Unsatisfactory (Mark range: 0–12 marks) • forecasts provided with comprehensive evaluation on the outlook for global economic growth • comprehensive discussion on restructuring of the Chinese economy, its influence of the future of Chinese economic growth, and the sectors of the domestic and international economy • accurate explanation is provided on the impact of changes in Chinese economic restructure on ECC, on Australian financial markets, and other related markets (such as commodities) • forecasts provided with basic evaluation the outlook for global economic growth • basic discussion on restructuring of the Chinese economy, its influence of the future of Chinese economic growth, and the sectors of the domestic and international economy • appropriate explanation is provided on the impact of changes in Chinese economic restructure on ECC, on Australian financial markets, and other related markets (such as commodities) • incorrect, incomplete or no evaluation on the outlook for global economic growth • poor or no discussion on restructuring of the Chinese economy, its influence of the future of Chinese economic growth, and the sectors of the domestic and international economy • poor or no explanation is provided on the impact of changes in Chinese economic restructure on ECC, on Australian financial markets, and other related markets (such as commodities)
Question 3 Influences exchange rates (10 marks | Word limit: 900 words) LO1 Explain the interrelationship of the major domestic and global market sectors. LO7 Analyse current issues driving domestic and global financial markets in a given scenario. Assume that the ECC Board has decided to stay with the commodity they know best and are in the process of purchasing the Indonesian Coal Mine and becoming Indo-Pacific Coal (IPC). Prior to the purchase of the mine, the Australian Dollar has depreciated; in the main due to a sharp appreciation of the US dollar. ECC are still committed to the purchase. The funding for the purchase has been approved by way of an offshore loan arranged by a consortium of banks and will be denominated in USD. Brief the board on the following: • The impact of the appreciating US dollar on IPC, including the impact on the company’s profit and loss and their balance sheet. (4 marks — 350 words) • The impact of the appreciating US dollar on the broader international markets (including the FX, interest rate and commodity markets). (4 marks — 350 words) • Any indicative solutions/strategies which IPC need to consider (note: please do not go into specific hedging strategies). (2 marks — 200 words) Criteria-Based Marking Guide for Question 3 Excellent (Mark range: 7.5–10 marks) Satisfactory (Mark range: 5–7 marks) Unsatisfactory (Mark range: 0–4.5 marks) • clear understanding of foreign exchange markets and how currency fluctuations will affect the investment decision • correctly identifies the risks and advantages associated with foreign investment • comprehensive discussion of all factors affecting ECC’s operations domestically and abroad • indicative solutions/strategies are provided • some understanding of foreign exchange markets and how currency fluctuations will affect the investment decision • correctly identifies some of the risks and advantages associated with foreign investment • some discussion of all factors affecting ECC’s operations domestically and abroad • some indicative solutions/strategies are provided • basic/no understanding of foreign exchange markets and how currency fluctuations will affect the investment decision • does not identify the risks and advantages associated with foreign investment • basic/no discussion of all factors affecting ECC’s operations domestically and abroad • indicative solutions/strategies are not provided/ incorrect Section B There are two (2) short-answer questions in this section worth 25 marks. Answer all questions. Question 4 Asset classes (15 marks | Word limit: 700 words) LO5 Compare how the different asset classes are used and traded. Assume you are a financial adviser. You have been approached by a ‘wholesale’ client who has accumulated sufficient investible funds to consider establishing their own personal investment portfolio. This client has now asked for a detailed report from you regarding investment options. Your client has asked you to provide an analysis of each of the four asset classes below. Focus briefly on the current factors impacting each market, their anticipated returns, and the associated risks (if any) in each. The four asset classes to consider are: 1. cash 2. fixed interest 3. equity (using the All Ords Index as your benchmark) 4. property (using the A-REIT Index as your benchmark). Your answer an explanation of correlation (or non-correlation) between the asset classes (if any). Conclude your answer with a forecast of which asset class overall you believe will provide the best returns for the period, justifying your opinion based on your forecast and associated justification. (15 marks — 700 words) Criteria-Based Marking Guide for Question 4 Excellent (Mark range: 11–15 marks) Satisfactory (Mark range: 7.5–10.5 marks) Unsatisfactory (Mark range: 0–7 marks) • correct estimated percentage forecast of returns for each asset class is provided • a comprehensive explanation of correlation of returns • concluding statement about the best forecast is provided with well-supported justification • a mostly correct estimated percentage forecast of returns for each asset class is provided • a mostly correct explanation of correlation of returns • concluding statement about the best forecast is provided with some justification • incorrect or incomplete estimated percentage forecast of returns for each asset class is provided • little or no explanation of correlation of returns • concluding statement about the best forecast is not provided or poor or no justification is provided Question 5 Influence of Monetary and Fiscal Policy (10 marks | Word limit: 600 words) LO2 Explain the role of intermediaries in financial markets. LO4 Assess the changes and impact of government and monetary policy on the Australian financial markets. It is critical to understand how governments and central banks react to domestic and international global events. Consider the following: (a) In an overheating economy, what steps should the Reserve Bank of Australia take to stabilize the economy? In your answer, discuss issues which may impact the success of these measures. (5 marks — 300 words) (b) When an economy faces a sudden downturn, what action can the government take to alleviate this issue? In you answer define fiscal policy and discuss the primary fiscal policy tool used by the government. (5 marks — 300 words) Note: You should build upon your answer to the Analysis task and the feedback provided by the assessor. Criteria-Based Marking Guide for Question 5(a)–(b) Excellent (Mark range: 7.5–10 marks) Satisfactory (Mark range: 5–7 marks) Unsatisfactory (Mark range: 0–4.5 marks) • comprehensive outline of policy measures employed by RBA • comprehensive outline of policy measures employed by the government • clear understanding of the underlying concepts behind monetary policy in Australia • clear understanding of the underlying concepts behind fiscal policy in Australia • answer is well supported and explained with independent research including references • adequate outline of policy measures employed by RBA • adequate outline of policy measures employed by the government • clear understanding of the underlying concepts behind monetary policy in Australia • clear understanding of the underlying concepts behind fiscal policy in Australia • answer is supported and explained with some independent research including references • limited outline of policy measures employed by RBA • limited outline of policy measures employed by the government • basic/no understanding of the underlying concepts behind monetary policy in Australia • basic/no understanding of the underlying concepts behind fiscal policy in Australia • answer is not supported and explained with independent research including references Ready to submit? ? I have completed my assignment using Word. ? I have completed my assignment using Calibri, Arial, Times New Roman or Verdana fonts and a minimum font size of 10 points. ? I have added my Student No. and word count on the Assignment Answer Template. ? I have saved the file to be uploaded as: StudentNo_FIN101_AAT_v14A3. ? Each question of my assignment is within the word limit for that question and adheres to the guidelines in the Assessment Preparation Guide. ? My assignment file size is no larger than 20 MB. ? If tables were required, they are visible as text, not as links or images. ? I have shown all workings and calculations as instructed. ? I have referenced and cited all source materials using the Harvard referencing style and, if required, included a reference list at the end of my assignment. ? I have submitted my assignment as one (1) Word or PDF file as per the instructions in KapLearn
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Assessment Assessment 2 (Part A: Business Report, Part B: Discussion of partnership processes and preparation of Accounting entries) Individual/Group Individual Assignment Length Part A—1500 words Part B— 300 words for requirement 3. Learning Outcomes b) Apply Accounting principles and standards when accounting for non-current assets, revenue and liabilities. c) Prepare statements of cash flows. d) Prepare Accounting entries and processes for partnerships. Submission Week 10 (Detailed information is provided below) Weighting 30% Total Marks 100 marks (Part A: 75 marks and Part B: 25 marks) Individual Assignment Specifications Assessment Task Description The assignment is to be completed individually. Listed below is the overview, instructions, marking criteria and rubric for Part A and Part B outlining the specific questions to be addressed in your report. 1. Overview The total marks available for this assessment task are 30. The assignment has an allocation of 100 marks, final mark on the assignment will be a weightage of 30% of the marks awarded out of 100. The assignment requires you to: (i) directly address Part A & Part B worth a total of 100 marks, and (ii) “to do so with academic and discipline conventions and sources of evidence”, worth 15 marks (see Instructions, Item 4) 2. Instructions 1. Select a company from Table 1 listed under pt.5. 2. Obtain the recent annual report preferably financial year ending 30 June 2020. 3. Students are not allowed to select the same company; therefore, your lecturer must approve the choice of your company. 4. In terms of ‘Academic Quality’ worth 10 marks for Part A and 5 marks for Part B, a combined total of 15 marks out of 100 marks. 5. Selected list of ASX companies is provided below, that need to be selected for your choice of Part A Table 1: Selected list of ASX listed companies ASX Code Company name 1 CSL CSL Ltd 2 STO Santos Ltd 3 RIO RIO Tinto Ltd 4 TCL Transurban Group 5 LLC Lendlease Group 6 ALX Atlas Arteria 7 ORI Orica Ltd 8 OZL OZ Minerals Ltd 9 OSH Oil Search Ltd 10 MIN Mineral Resources Ltd 6. The requirements for Part A of this assignment must be written/structured in the form of a ‘business report’. That is, it must have a/an: (i) Word limit: 1,500 words (ii) A proper report format is expected (title page, executive summary, table of contents, introduction, body of the report with headings and subheadings, conclusion & recommendations, appendices, list of references) (iv) Students are strongly advised to avoid plagiarism or collusion in doing the assessment. General rule: If the similarity, detected and reported by Turnitin report, comes from the original assignment questions, table of contents, table of numbers and data, diagrams and charts, calculations, reference list, appendix…, then it is not an indication of plagiarism. However, if the similarity comes from the discussion or analysis or interpretation or recommendation parts of the assignment then it is an indication that the student has “copied and pasted” from the original source. This is not the student’s own work and therefore it will negatively affect the quality of the student’s answers in the submitted report. (v) A minimum of 3 different academic reference sources are required. Remember that Wikipedia, Investopedia and other similar websites are not academic sources and must not be used as a reference source. (vi) The marking rubrics for the business report is provided under Assignment marking criteria and Rubric. Part A: Discuss and interpret various Accounting Standards covering non-current assets, revenue recognition, liabilities, and cash flow statement. (75 Marks) For your selected/approved Company, comment on the following: 1. Knowledge and understanding of the accounting principles and standards for non-current assets, revenue, and liabilities. a. Discuss why the selected company has prepared the general purpose financial statements. Your discussion should include the reference to the objective of conceptual framework (6 marks) b. State the basis of preparation of these statements. (3 marks) c. Refer to the following items from statement of financial position/ Balance sheet of the selected company: ? Property, Plant& Equipment (PPE) ? Intangible assets ? Right of use of asset ? Deferred tax assets ? Deferred tax liabilities ? Provisions Review the information provided in notes to financial statements about each of the above items. In your written report identify the following for each of the above item: ? accounting standards used for reporting. (6 marks) ? measurement basis used. (6 marks) ? key judgements and estimates applied. (6 marks) d. Identify selected company’s sources of revenue and the accounting standard applied for reporting revenue. (3 marks) e. Explain the revenue recognition criteria applied to each of the revenue source identified in (d) and further assess whether it satisfies the recognition criteria as stated in the Conceptual Framework. (6 marks) 2. Preparation, presentation, and analysis of cash flow statement. a. Outline the two different methods of preparing the statement of cash flows. Examine the selected company’s statement of cash flows and report on its method used. (6 marks) b. Assess how each section in the statement of cash flow of your selected company relates to the statement of financial position. (6 marks) c. Examine the selected company’s statement of cash flows and compare the cash from operating activities with operating profit after tax. Are they similar? If not, suggest why. (6 marks) d. What financing activities were undertaken by the selected company? Compare the borrowings from the previous year and suggest reasons for any major changes. Were there any payments made to shareholders? (3 marks) e. Generate an opinion about the selected company’s cash position and its usefulness to shareholders, lenders, and creditors. (3 marks) 3. Developed recommendations in line with the evidence available in the annual report. Analyse the measurement basis, key judgements and estimates identified in Part A 1 (c), discuss whether this provides relevant, reliable, and faithful representation to stakeholders. For this analysis you may look at qualitative characteristics mentioned in the conceptual framework and look at an annual report of another company in the similar sector and compare the approach adopted with your selected company. (5 marks) 4. Use of academic and discipline conventions and sources of evidence. Report Layout and Content (i.e., title page, executive summary, table of contents, introduction, body of the report (this is where you will address the above 3 questions) with headings and subheadings, conclusion & recommendations, appendices, list of references (10 marks) Part B: Partnership processes and accuracy of accounting entries (25 Marks) On 1 July 2019 Patrick and Patricia decided to join forces and form a partnership (P&P Partners). Their contributions to the partnership were: Patrick – Cash: $160,000, Accounts Receivable: $75,000, Equipment: $85,000 Patricia – Cash: $240,000, Inventory: $200,000, Accounts payable: $75,000 Their agreement has the following conditions: • Patricia’s inventory has a market value of $180,000 • Patrick’s equipment has been valued at $80,000 • The partners receive 5% interest on their capital balances • Salaries Patrick – $90,000 and Patricia – $75,000 • The remaining profit is split equally. • Any drawings attract an 10% interest rate for the financial year. Required: 1. Prepare journal entries for the formation of the partnership. (4 marks) 2. During their first year they made a profit of $204,000. Both partners have drawings Patrick $25,000 and Patricia $30,000. Prepare a schedule for the distribution of profit for the year. (6 marks) 3. As the business is growing, partners are curious to know if company structure would be beneficial for the business. Provide a brief advise to the partners stating whether they should consider registering the business as a company. In your advice comment on the aspects of company structure, such as regulatory compliance, taxation, continuity and if these aspects provide any advantage over partnership structure. (10 marks, 300 words) 4. Use of academic and discipline conventions and sources of evidence. (5 marks) Assignment Marking Criteria and Rubric The following summarizes the key marking criteria that will be used to assess how you have addressed the assignment requirements of Part A and Part B, academic and discipline conventions, and sources of evidence. Marking Criteria Marking Criteria Marks Allocated Marks Awarded Part A: Discuss and interpret various Accounting standards covering non-current assets, revenue recognition, liabilities, and cash flow statement 1. a. b. c. d. e. Knowledge and understanding of the accounting principles and standards for non-current assets, revenue, and liabilities. Discuss why the selected company has prepared the general purpose financial statements. Your discussion should include the reference to the objective of conceptual framework (6 marks) State the basis of preparation of these statements. (3 marks) Refer to the following items from statement of financial position/ Balance sheet of the selected company: ? Property, Plant& Equipment (PPE) ? Intangible assets ? Right of use of asset ? Deferred tax assets ? Deferred tax liabilities ? Provisions Review the information provided in notes to financial statements about each of the above items. In your written report identify the following for each of the above item: ? accounting standards used for reporting. (6 marks) ? measurement basis used. (6 marks) ? key judgements and estimates applied. (6 marks) Identify selected company’s sources of revenue and the accounting standard applied for reporting revenue. (3 marks) Explain the revenue recognition criteria applied to each of the revenue source identified in (d) and further assess whether it satisfies the recognition criteria as stated in the Conceptual Framework. (6 marks) 36 2. Preparation, presentation, and analysis of cash flow statement. a. Outline the two different methods of preparing the statement of cash flows. Examine the selected company’s statement of cash flows and report on its method used. (6 marks) 24 b. Assess how each section in the statement of cash flow of your selected company relates to the statement of Financial position. (6 marks) c. Examine the selected company’s statement of cash flows and compare the cash from operating activities with operating profit after tax. Are they similar? If not, suggest why. (6 marks) d. What financing activities were undertaken by the selected company? Compare the borrowings from the previous year and suggest reasons for any major changes. Were there any payments made to shareholders? (3 marks) e. Generate an opinion about the selected company’s cash position. (3 marks) 3. Developed recommendations in line with the evidence available in the annual report. Analyse the measurement basis, key judgements and estimates identified in Part A 1 (c), discuss whether this provides relevant, reliable, and faithful representation to stakeholders. For this analysis you may look at qualitative characteristics mentioned in the conceptual framework and look at an annual report of another company in the similar sector and compare the approach adopted with your selected company. (5 marks) 5 4. Use of academic and discipline conventions and sources of evidence. 10 Part B: Partnership processes and accuracy of accounting entries 1. Prepare journal entries for the formation of the partnership. (4 marks) 2. During their first year they made a profit of $204,000. Both partners have drawings Patrick $25,000 and Patricia $30,000 drawings. Prepare a schedule for the distribution of profit for the year. (6 marks) 3. As the business is growing, partners are curious to know if company structure would be beneficial for the business. Provide a brief advise to the partners stating whether they should consider registering the business as a company. In your advice comment on the aspects of company structure, such as regulatory compliance, taxation, continuity and if these aspects provide any advantage over partnership structure. (10 marks, 300 words) 20 4. Use of academic and discipline conventions and sources of evidence. (5 marks) 5 TOTAL Marks 100 TOTAL Weight 30% Final Mark Marking Rubric (Business report: 75 marks (Part A) and Partnership processes and Accounting entries: 25 marks (Part B)). Assessment Attributes for Part A and Part B have been clearly labeled in the table below. Please note that the last Attribute of Academic and discipline conventions apply to both parts, where Part A has been allocated 10 marks and Part B allocation is 5 marks. Assessment Attributes Fail (0-49%) Pass (50-64%) Credit (65-74%) Distinctions (75-84%) High Distinction (85-100%) Knowledge and understanding of the Accounting principles and standards for non-current assets, revenue, and liabilities. (36 marks) Part A • • • • Shows very little to no understanding of the Accounting principles and standards required to be discussed from the annual report of selected company. Key components of the assignment are not addressed. Demonstrates little to no capacity to explain and apply relevant Accounting principles and standards. Has answered most parts incorrectly. • • Shows limited understanding of the Accounting principles and standards required to be discussed from the annual report of selected company. Has answered some parts incorrectly. • Thorough knowledge or understanding of the Accounting principles and standards required to be discussed from the annual report of selected company. • Highly developed understanding of the Accounting principles and standards required to be discussed from the annual report of selected company. • A sophisticated understanding of the Accounting principles and standards required to be discussed from the annual report of selected company. Preparation, presentation, and analysis of cash flow statement. (24 marks) Part A • • Shows no understanding of direct and indirect methods of presenting cash flows from operating activities. Demonstrates little to no capacity to explain the importance of cash flow from operating activities. • • Shows limited understanding of direct and indirect methods of presenting cash flows from operating activities. Demonstrates limited capacity to • • Shows good understanding of direct and indirect methods of presenting cash flows from operating activities. Demonstrates a good • • Shows highly developed understanding of direct and indirect methods of presenting cash flows from operating activities. Demonstrates a highly developed • • Shows sophisticated understanding of direct and indirect methods of presenting cash flows from operating activities. Demonstrates a • Has answered most parts incorrectly. • explain the importance of cash flow from operating activities. Has answered some parts incorrectly. understanding in explaining the importance of cash flow from operating activities. understanding in explaining the importance of cash flow from operating activities. sophisticated understanding in explaining the importance of cash flow from operating activities. Developed recommendations in line with the evidence available in the annual report. (5 marks) Part A • No recommendations developed. • Recommendations developed but not broadly consistent with the evidence presented and generated in the case. • Supports personal opinion and information substantiated by evidence from the research/course materials. • Discriminates between assertion of personal opinion and information substantiated by robust evidence from the research/course materials and extended reading. • Systematically and critically discriminates between assertion of personal opinion and information substantiated by robust evidence from the research/course materials and extended reading. Knowledge and understanding of partnership processes and accuracy of Accounting entries (20 marks) Part B • • • Shows very little to no understanding of the partnership processes Demonstrates little to no accuracy in recording Accounting entries. Has answered most parts incorrectly. • • • Shows very limited understanding of the partnership processes Demonstrates limited accuracy in recording Accounting entries. Has answered some parts incorrectly. • • Thorough knowledge or understanding of the partnership processes Demonstrates good accuracy in recording Accounting entries • • Highly developed understanding of the partnership processes Demonstrates high accuracy in recording accounting entries • • A sophisticated understanding of the partnership processes. Demonstrates perfect accuracy in recording Accounting entries Use of academic and discipline conventions and sources of evidence. (15 marks) 10 marks for Part A and 5 marks for Part B • • • Poorly written with errors in spelling, grammar. Demonstrates inconsistent use of good quality, credible and relevant research sources to support and develop ideas. There are mistakes in using the APA style. • • • Is written according to academic genre (e.g. with introduction, conclusion or summary) and has accurate spelling, grammar, sentence and paragraph construction. Demonstrates consistent use of credible and relevant research sources to support and develop ideas, but these are not always explicit or well developed. There are no mistakes in using the APA style. • • • Is well-written and adheres to the academic genre (e.g. with introduction, conclusion or summary). Demonstrates consistent use of high quality, credible and relevant research sources to support and develop ideas. There are no mistakes in using the APA style. • • • Is very well-written and adheres to the academic genre. Consistently demonstrates expert use of good quality, credible and relevant research sources to support and develop appropriate arguments and statements. Shows evidence of reading beyond the key reading. There are no mistakes in using the APA style. • • • Expertly written and adheres to the academic genre. Demonstrates expert use of high-quality, credible and relevant research sources to support and develop arguments and position statements. Shows extensive evidence of reading beyond the key reading. There are no mistakes in using the APA style. ACCT 2000 Financial Accounting |Page 9 of 9
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