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    PMN610: Study of Construction || Project: May-field Housing

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    Individual Feasibility Study Report. The objective of this assignment is to assess the feasibility of a project, which would be undertaken during the initiating phase of the project lifecycle. The feasibility must be based on how the intended benefits, gained from undertaking the project, will assist the organisation to achieve its strategic objectives. The population of people living in Williamstown is increasing every year. Many of them do not yet own their houses or are struggling to get one because of increasing real estate prices. There is a need to build affordable housing schemes tha...

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    This business construction plan can help understand managerial practices involved in a construction project. Project scope and need are described to understand the proper requirement of the construction and help construct a sustainable housing project.

    Due to the increasing population in Mayfield, the need for residential construction is emerging. Residents of this area are requiring a housing complex for permanent residence and struggling due to the rising cost of ongoing construction.

    Construction plan needs coordination of the necessary elements such as process, planning, procedure, technology, and culture. In order to establish a successful management plan, the Organization needs to undergo certain changes in these fields for execution and sustainability of the plan. Managerial expertise can help determine the necessity of changes in structural changes and it can differ from one another as per the need of construction.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

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