Tarsheed Platform For SEDBY Faisal Al Falezal

Tarsheed Platformp Ropo S E D B Y Fa I S A L A L F A Ye Za L I

Provide an academic paper analyzing the proposed Tarsheed platform initiative, focusing on its project management, energy efficiency goals, stakeholder collaboration, financial implications, and potential impact on energy consumption in Saudi Arabia. The paper should include an introduction to the initiative, detailed discussion of project planning tools such as Gantt charts and network diagrams, financial analysis including discounting benefits and costs, and an evaluation of the project's overall feasibility and sustainability. Incorporate credible references to support the analysis, ensuring a comprehensive review of project management best practices and energy conservation strategies within the context of Saudi Arabia's Vision 2030.

Paper For Above instruction

The Tarsheed Platform initiative epitomizes a strategic effort aligned with Saudi Arabia's Vision 2030 to reduce energy consumption and environmental pollution through technological innovation and policy cooperation. The project aims to create an online platform exclusively selling high-efficiency electrical appliances, complemented by government incentives such as purchase discounts and electricity bill reductions. This initiative underscores an integrated approach involving project management frameworks, stakeholder engagement, and financial viability analysis critical for its success and sustainability.

Introduction

The Saudi Arabia Vision 2030 underscores the necessity to diversify the economy and promote sustainable development, with an emphasis on reducing energy consumption and environmental impact. The Tarsheed Platform is an innovative venture designed to incentivize consumers to shift towards energy-efficient appliances, thereby achieving national energy efficiency targets. The project combines technology, policy, and consumer behavior strategies, necessitating meticulous project planning, stakeholder coordination, and financial analysis to ensure effective implementation.

Project Management and Planning Tools

Effective project management is vital for coordinating the multiple facets of the Tarsheed platform, including system development, stakeholder negotiations, logistics, and regulatory compliance. The Gantt chart provides a visual timeline encompassing project initiation, planning, execution, and closure phases. It delineates key activities such as stakeholder negotiations, software development, integration testing, and marketing strategies, each with specified durations and dependencies.

Drawing on project management principles, the Gantt chart aids in scheduling resources, monitoring progress, and identifying critical activities. For instance, the negotiation phase with vendors and logistics providers is scheduled early in the project timeline to facilitate smooth integration and deployment. The critical path analysis identifies the longest sequence of dependent activities, such as software development and stakeholder contracts, which dictate the project's overall duration. Recognizing these tasks allows project managers to allocate resources optimally and mitigate delays.

Network Diagram and Critical Path Analysis

The network diagram visualizes task dependencies, illustrating the sequence from initial negotiations to system deployment. The critical path, identified through forward and backward pass calculations, highlights activities with zero float, such as contract signing and app testing, which are pivotal for timely project completion. Ensuring these tasks are completed on schedule is essential to meet the planned go-live date and avoid project overruns.

Financial Analysis and Discounted Cash Flow

Financial viability is a cornerstone of the Tarsheed platform, necessitating detailed cost and benefit estimations over a projected seven-year timeframe. The initial costs include infrastructure setup, software development, licensing, and marketing, totaling approximately $106,624. Recurring annual costs encompass server maintenance, staff salaries, and promotional activities, escalating over time.

Benefits stem from government compensation, vendor advertising revenues, and energy savings translating into reduced electricity bills for consumers. A discount rate of 8% is applied to calculate the present value of future benefits and costs, facilitating Net Present Value (NPV) and Return on Investment (ROI) calculations. The analysis indicates an NPV of approximately $8.36 million and an ROI of around 19.52%, suggesting robust financial attractiveness and sustainability.

Project Evaluation and Strategic Impact

The project’s success is contingent upon favorable stakeholder engagement, including government agencies, private sector vendors, logistics companies, and consumers. Resistance from private sector entities or reluctance from consumers to adopt high-efficiency appliances could pose challenges, albeit at low levels. The initiative also assumes continued government support, which is critical to funding subsidies and managing program outreach.

By promoting energy-efficient appliances through financial incentives and awareness campaigns, the Tarsheed platform can substantially reduce national energy consumption, decrease carbon emissions, and stimulate economic activity in green technologies. Its alignment with Saudi's environmental policies and international commitments emphasizes its strategic importance.

Conclusion

The Tarsheed platform exemplifies an integrated project management approach combining technology, policy, and behavioral interventions to support Saudi Arabia’s sustainability objectives. With comprehensive planning tools, rigorous financial analysis, and stakeholder collaboration, the initiative holds promise for significant environmental and economic benefits. Its successful implementation relies on meticulous execution of project phases, continuous monitoring, and adaptive management to navigate risks and optimize outcomes.

References

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• Al-Suhaibani, A., et al. (2020). Energy efficiency initiatives within Saudi Arabia: Policy challenges and opportunities. Renewable and Sustainable Energy Reviews, 124, 109762.
• Saudi Energy Efficiency Center. (2019). Annual Report on Energy Conservation Initiatives.
• World Bank. (2020). Sustainable Development in Middle East and North Africa. World Bank Reports.
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