...Case Study: Pontrelli Recycling, Inc. Teri Ashworth FIN 575 March 28, 2016 Larry Gonzales Case Study: Pontrelli Recycling, Inc. For this assignment, instructions were given to review Case Study: Pontrelli Recycling, Inc. in Project Management Accounting, Ch. 7. Within this review, specific elements of the case study are to be discussed. Particulars such as: ❖ Prepare an outline of a project plan based on the case study. ❖ Describe the seven primary planning activities. ❖ Evaluate project execution, efficiency, and alignment with the company’s financial strategy. ❖ Illustrate how project control can help mitigate risks for Pontrelli. The Pontrelli Recycling, Inc. is a recycling company whose mission is twofold: 1. Increase the efficiency of recycling usable materials in order to create a better environment for all. 2. Create value and a fair return on investments for the shareholders. Review Case Study: Pontrelli Recycling, Inc. in Project Management Accounting, Ch. 7. Prepare an outline of a project plan based on the case study. Describe the Seven Primary Planning Activities In staying within the Company’s Mission and financial goals and strategies, Pontrelli has identified seven primary activities. Pontrelli seven primary planning activities are: 1. Develop the Company’s mission statement. A mission statement should provide the core reason for the organization's...
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...budget that is based on the company’s financial planning has a much greater chance of contributing to the company’s success. In this chapter, we will first look at the process of creating a company’s operating budget. Later we will move on to project budgets and how they relate to the company’s operating budget. To create the company’s operating budget, we must bring together and synthesize most of the information contained in the previous 6 chapters. In creating an operating budget, financial managers decide how to use company resources to achieve their financial goals. In turn, the financial goals support the company in achieving other goals and objectives according to the company’s mission. Case Study: Pontrelli Recycling, Inc. Let’s return to Pontrelli Recycling,...
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