INTEGRATION
MANAGEMENT
Chapter 4
Kunci Suksesnya Keseluruhan Proyek:
Good Project Integration Management
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Membuat Project Charter
▪ mathematical model
▪ Menggunakan perhitungan matematika yang kompleks
▪ Disebut juga dengan constrain optimization
PROJECT SELECTION
▪ SWOT
▪ Financial Analysis
▪ Weighted Scoring Model
▪ Balance Score Card
FINANCIAL ANALYSIS OF PROJECTS
▪ Financial considerations are often an important
consideration in selecting projects
▪ Three primary methods for determining the
projected financial value of projects:
▪ Net present value (NPV) analysis
▪ Return on investment (ROI)
▪ Payback analysis
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NET PRESENT VALUE ANALYSIS
▪ Net present value (NPV) analysis is a method
of calculating the expected net monetary gain
or loss from a project by discounting all
expected future cash inflows and outflows to
the present point in time
▪ Projects with a positive NPV should be
considered if financial value is a key criterion
▪ The higher the NPV, the better
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NET PRESENT VALUE
▪ where
▪ Ct = net cash inflow during the period t
▪ Co = total initial investment costs
▪ r = discount rate, and
▪ t = number of time periods
If... It means... Then...
NPV > the investment would add value to
the project may be accepted
0 the firm
NPV < the investment would subtract
the project may be rejected
0 value from the firm
We should be indifferent in the decision
whether to accept or reject the project. This
NPV = the investment would neither gain project adds no monetary value. Decision
0 nor lose value for the firm should be based on other criteria, e.g.,
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strategic positioning or other factors not
explicitly included in the calculation.
FIGURE 4-4. NET PRESENT VALUE EXAMPLE
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NPV CALCULATIONS
▪ Determine estimated costs and benefits for the life of the project and the products it
produces
▪ Determine the discount rate (check with your organization on what to use)
▪ Calculate the NPV
▪ Notes: Some organizations consider the investment year as year 0, while others start
in year 1. Some people entered costs as negative numbers, while others do not.
Check with your organization for their preferences
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RETURN ON INVESTMENT
▪ Return on investment (ROI) is calculated by subtracting the project costs from the
benefits and then dividing by the costs
ROI = (total discounted benefits - total discounted costs) / discounted costs
* apabila memakai rate
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RETURN ON INVESTMENT
For example, suppose Joe invested $1,000 in Slice Pizza
Corp. in 2010 and sold his shares for a total of $1,200 a year
later. To calculate the return on his investment, he would
divide his profits ($1,200 - $1,000 = $200) by the investment
cost ($1,000), for a ROI of $200/$1,000, or 20%.
20% for 1 year
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FIGURE 4-5. JWD CONSULTING NPV EXAMPLE
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WEIGHTED SCORING MODEL
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WEIGHTED SCORING MODEL
Weight A1 A2 A3
C1 20% 25 10 30
C2 15% 20 30 10
C3 40% 15 20 30
C4 25% 30 30 10
C = Criteria
A = Selected Project
WEIGHTED SCORING MODEL
Weight A1 A2 A3
C1 20% 25 10 30
C2 15% 20 30 10
C3 40% 15 20 30
C4 25% 30 30 10
WSM 100% 21,5 22 22
Pilih A2 atau A3
FIGURE 4-7. SAMPLE WEIGHTED SCORING
MODEL FOR PROJECT SELECTION