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Operational Analysis Of The Hotel MERIDIAN & Evaluation Of The Project To Rise Its’ Efficiency

Posted on:2016-06-03Degree:MasterType:Thesis
Country:ChinaCandidate:S ( I u l i i a G r i s h i Full Text:PDF
GTID:2309330470478496Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Project effectiveness is defined as the successful attainment of project goals and objectives. According to the literature, evaluations have the potential to improve a project’s success by raising awareness of problem areas and offering ways suggestions for improvement. The definition of a project has suggested that there is an orientation towards higher and long-term goals. Important parameters within the goals will be return on investment, profitability, competition and market ability. A range of variables and factors will affect the ability to achieve these goals, which have been identified by various authors. The following list has been derived from the writings of Cash and Fox, Baker et al., Kerzner, Wit and Kumar:(a) objectives; (b) project administration; (c) third parties; (d) relations with client; (e) human parties; (f) contracting; (g) legal agreements; (h) politics; (i) efficiency; (j) conflicts and (k) profit. The current literature, for example, Morris and Hugh, would imply that the success of a project is dependent on having:a realistic goal; competition; client satisfaction; a definite goal; profitability; third parties; market availability; the implementation process; the perceived value of the project.The limited investment resources defines the need for their effective use. These may be the two formulations of the problem of rational use of investment:-if the amount of investment for the project is given, it should seek to obtain the maximum possible effect of their use;-if you set the result to be obtained at the expense of capital investment, we must find ways to minimize the flow of investment resources.The economic efficiency of the investment project is a category that reflects the investment project goals and interests of the participants.The aim of this work is to evaluate an effective project to increase the hotel productivity. To reach the goal the following aspects were considered:· Choosing the appropriate method of evaluating the project (SWOT and Scenario analysis);· Business environment where the project will take place (investment environment in RF and futures of the hotel industry in the region);· Particularities of HOTEL "MERIDIAN", LLC structure and facilities;· Analysis of the company operating performance facilities;· Development of the investment project with the final calculation of the cost of the investment project.· In conclusion is given an assessment of the effectiveness of the project, on the basis of the calculations in the work.
Keywords/Search Tags:Investment project evaluation, Effectiveness of the company operation, Hotel industry, Russia, Vladivostok
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