Projet Management
project_management_.docx
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Project Initiating Assignment C
Description
Now that you have identified project to pursue (usally the highest score from
the weighted scoring analysis from the previous assignment, but not always),
the next step is provide justification for taking on this project. To provide this
justification, you will create aBusiness Case for your project. There are
different formats that you can use, however, I encourage you to use the
template from our textbook. Whichever format you choose, you can follow
these seven steps to develop the information you’ll provide in the Business
Case for the project you’re proposing.
Step 1: Define the opportunity. Describe the situation and the
business objectives that your proposal will affect.
Step 2: Identify the alternatives. Brainstorm multiple approaches and
then choose three to four to analyze.
Step 3: Gather data and estimate time frame. Obtain information
about each alternative and estimate how long each option will take to
implement.
Step 4: Analyze the alternatives. Analyze how your options will affect
the business objectives you’ve defined.
Step 5: Make a choice and assess the risk. Make a recommendation
based on your analyses, and consider how you will mitigate any risks
associated with your recommendation.
Step 6: Create a plan for implementing your idea. Identify, at a high
level, how you will achieve your goals and who will be accountable for
each milestone. Spell out when you expect to see benefits.
Step 7: Communicate your case. Create a document to sell your
recommendation to decision makers.
Ultimately, you have completed steps 2 and 4, and made a choice (part of
step 5) that has resulted in you choosing a project from your analysis in the
weighted scoring analysis. If you haven’t already, perform the other steps
identified above to create the information you’ll need as you complete Step
7. For Step 7, use the following suggested template
Deliverables
This deliverable should contain:
a. A opening paragraph telling what the document contains,
b. Your Business Case should contain the following contents:
Introduction/Background
Business objective
Current Situation
Critical Assumptions and Constraints
Analysis of Options and Recommendations
Preliminary Project Requirements
Budget Estimate and Financial Analysis
Schedule Estimate
Potential Risks
Exhibits
Upload your Business Case into the Assignment 3 dropbox.
Note: The grade for this assignment is based on both content and professional
appearance (title page, table of content, headings, format) of the submitted document.
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