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NЕWS MЕDIА АRTIСLЕ

A selection of news media articles will be provided via below. Students are to choose one (1) news media article from the articles provided. Students are to write in full prose and answer the following questions for their chosen article, in approximately 300 words per answer:
1)    What is the article about? What is it overtly/covertly suggesting?
2)    Who is it written by/for? (Why might this be significant?)
3)    Who is the publisher? (Why might this be significant?)
4)    What are some of the underlying assumptions, values, and ideologies found in the article?
5)    What concepts does this article demonstrate?
 
Students are to conduct an analysis of the news media article using their own research and the concepts from the unit. At least one (1) academic reference (so five [5] in total) should be used in answering the questions. The same reference should not be used for more than one (1) answer. The short answer questions are to be written in scholarly prose (as taught in class – see the Anderson & Poole chapter in Week 1) and bullet points are not to be used. In-text referencing and a short reference list is to be included as part of each answer. Note that one (1) reference is the bare minimum, and may not be sufficient for achieving higher than a pass grade in that particular criterion. Students are to use the Harvard referencing style. Page numbers are required for in-text references. If you cannot find the year of publication, the reference is more than likely not acceptable for your university studies. Details are provided on the UC Library website here: http://canberra.libguides.com/referencing/harvard.
The news media analysis is to be 300 words per answer with a tolerance of +/- 10% (so 1,500 words overall +/-10%). The task is not to simply summarise the article, but to analyse the article using the concepts taught in this unit. The answers to the questions are to contain a clear argument and the analysis is to be supported by evidence.
 
What is an academic reference? If you are not using journal articles as references, then your work is far below the expected standard. If you are unsure of how to access journal articles, please seek assistance. High quality, academic sources (references) are listed below in order of quality from highest to lowest:

  1. Academic journal articles;
    2. Academic books, including edited books;
    3. Reports from international institutions such as the OECD and World Bank;
    4. News media articles;
    5. Government websites; and
    6. Websites from businesses, industry groups, consumer groups or professional bodies

 
Write in the third person: Students must write in the third person for this assignment. For example, rather than writing ‘In this paper, I will discuss…’, write: ‘This paper will discuss…’. Writing in the third person is a formal writing skill which you must practise while undertaking this unit. If you do not write in the third person for this assignment your work may be heavily penalised.
 
Assessment criteria and additional information: This section is to be read in conjunction with section 6h: Additional Information. Assessment criteria include the information provided in this unit outline, information provided in lectures, tutorials and/or online discussions, and the additional information provided in this section. Failure to read this unit outline or to attend classes (or, where relevant, participate online) does not constitute grounds for special consideration or review of results.
 
News Media Case Studies. Read, watch, or listen to one (1) of these.
Videos
ABC’s Four Corners

 Text
The Guardian
Tesla to build world’s biggest lithium ion battery in South Australia: https://www.theguardian.com/australia-news/2017/jul/07/tesla-to-build-worlds-biggest-lithium-ion-battery-in-south-australia
 
The Australian
Economic and Social Outlook Conference: populism paralyses policy: http://www.theaustralian.com.au/news/inquirer/economic-and-social-outlook-conference-populism-paralyses-policy/news-story/89e2e4a4583ac34ac89126e28cdd76ec
 
The Age
Dodgy from the start: don’t blame Turnbull for Labor’s flawed NBN
http://www.theage.com.au/comment/dodgy-from-the-start-dont-blame-turnbull-for-labors-flawed-nbn-20170809-gxsa5v.html
 
Centre for Independent Studies
Investors not to blame for rise in renters
https://www.cis.org.au/commentary/articles/investors-not-to-blame-for-rent-rise/
 
Green Left Weekly
A rose by any other name: Why the gig economy is just rebranded piece workhttps://www.greenleft.org.au/content/rose-any-other-name-why-gig-economy-just-rebranded-piece-work
 
New York Times
The End of the Australian Dream?
https://www.nytimes.com/2017/05/01/opinion/the-end-of-the-australian-dream.html?rref=collection%2Fspotlightcollection%2Feditorials-and-opeds-about-australia&action=click&contentCollection=opinion&region=stream&module=stream_unit&version=latest&contentPlacement=10&pgtype=collection&_r=0
Podcasts
The Guardian
Is Neo-liberalism Dead? https://soundcloud.com/theguardian/is-neoliberalism-dead-ed-balls
Alan Jones
The South Australian Power Crisis https://itunes.apple.com/au/podcast/alan-jones-comments-8th-november-2016/id75464796?i=1000377602438&mt=2
 

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Apply at least two appraisal methods to the analysis of a real-life project

Question: Apply at least two appraisal methods to the analysis of a real-life project.

Background

In this module, you have learned three appraisal tools, including the NPV approach, the Monte Carlo Simulation, and real options analysis. In this term project, you are required to apply at least two of them to the analysis of a real-life project. (NPV is compulsory, another recommended is Monte Carlo)
 

Requirements

  1. Choose and apply at least two of the three appraisal tools in your If you decide to apply all of them, you might get up to 10% bonus marks if the analysis is soundly conducted.
  2. Review the literature associated with the application of two or three appraisal tools employed in your analysis (preferably, 3-5 academic journal papers for each approach).
  3. Justify the choice for your (i.e., whether you have chosen the right appraisal techniques for the project of your interest.). The project can be ongoing or finished. It can be in any country. It can be of any type. However, an energy project would be interesting to investigate. (real data of a project with references)
  4. Clearly explain the assumptions you make in the estimation of project cash For example, if you estimate revenue on the basis of a constant growth rate, you have to explain why the rate is not expected to change over time. It can be justified through an analysis of market competition conditions by using, say, Michael Porter’s five forces model or SWOP.
  5. Clearly explain how you choose the project discount rate in the analysis of project NPV and
  6. Clearly explain the other assumptions you make in the application of ROA or/and the Monte Carlo simulation
  7. Compare the results obtained from different If there is any disparity between them, explain the reason and assess which result is more reliable.
  8. (Bonus mark) I will be impressed if you can conduct interviews to elicit experts’ view on the assumptions you make in the analysis and on the plausibility of your appraisal You are also encouraged to compare your results with those from your peers. But remember you still need to demonstrate why it is beneficial

 
to make comparisons with others’ results. In other words, you need to explain why there are extra insights to be gained.
 

Word length

3000 words
 

Useful information sources/references

  • Your literature review is expected to cover important papers published by the leading journals in the field of project/construction management:

ASCE Journal of Construction Engineering and Management International Journal of Project Management
Construction Management and Economics ASCE Journal of Management in Engineering Building Research and Information
 
 
 
Firstly, you need give an introduction with purpose of paper. And then apply some literature with the methods. And then justify the choice of project with background information, it should be real example with real data (government or public project is good example because the documents or data are usually provided), that means you need choose a real project with real data again！Clearly explain the assumptions you make in the estimation of project cash flows (growth rate), and it can be justified through an analysis of market competition conditions by using, say, Michael Porter’s five forces model or SWOP (just as simple explanations, it is not supposed to write too many words in this part and put focus on methods.). You need do NPV calculation and Monte Carlo Simulation through graph and table in detail (by excels)!!
For NPV, you need provide calculation graph and explain it, example as follow. E.g you need give real NPV of a project chosen at a certain year and give assumptions of the estimation of project cash flows based on the explanation of SWOP or Michael Porter’ five forces and explain it.
For discount rate, you can get it through analysis and calculation of:
CAPM-Cost of equity
WACC-cost of equity and cost of debt
For Monte Carlo, you need give Distribution graph. Assumptions should also be provided. And explain it.
 
(e.g. revenue can be gained based on the number of customers and average spend of customers, that might be different in different project; Cost
 
Tutor’s marking criteria评分标准
Specific Criteria:
Introduction: is the purpose of the paper clearly stated?
Have prior studies on the application of the chosen methods well reviewed? （good literature review）
What methods are chosen in the analysis?
Is the background information of the project provided? (real data!!!)
NPV: (1) Have the assumptions made in the analysis well stated?
(2) Has the choice of discount rate well explained?
(3) Has the estimation of cash flows been well explained?
(4) Has the NPV calculation been well executed?
Monte Carlo Analysis:

  • Has the choice of key risk sources been well explained? (standard devintion)
  • Has the estimation of key parameters of risk variables been well explained?
  • Has the procedure of implementation well explained? (the choice of distribution)
  • Has the simulation result been well shown?
  • Has the result from the Monte Carlo approach been compared with that from the NPV approach?

Real options analysis (ROA):

  • Have real options been plausibly and clearly identified?
  • Has the choice of key risk resources been well explained?
  • Has the estimation of key parameters of risk variables been well explained?
  • Has the binomial tree been well drawn?
  • Has the result from ROA been compared with that from the NPV approach?

Have conclusions given a summary of key findings?