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BUS 611 Assignment Data-Driven Decision Making Using Microsoft Excel (Roto Air) updated
Data-Driven Decision Making Using Microsoft Excel
This assignment must be completed and submitted using a Microsoft Excel spreadsheet (.xls). Provide a source for each equation you use. Sources must be listed at the bottom of the spreadsheet. No title page or additional formatting is required.
1. Channels of Communication
o It has been estimated that project managers spend up to 90% of their time communicating and your position at Roto Air is typical. Calculate the number of possible channels of communication if the project team were to grow to nine members, Important: show your work.
o The total number of stakeholders, including the project team, is estimated at 75 people. Calculate how many more possible channels of communication the additional stakeholders beyond the team members represent. Important: show your work.
2. Benefit Cost Ratio (BCR)
o Roto Air plans to spend $1,000,000 on this project, resulting in a total savings of $2,500,000 over the life of the project. Calculate the Benefit Cost Ratio. Important: show your work. Ignore any effects of the time value of money