PRINCE2 Business Assignment

LEARNING OUTCOME

CRITERIA

70+ %

60% - 69%

50% - 59%

40 - 49%

Below 40%

1. Use and understand the applicability of various project management approaches and models

2. Advise on selection of the best strategy / projects in terms of added value

3. Use and understand various tools and techniques for project planning and monitoring

4. Contrast the suitability of different approaches to managing project budgets, quality and risk

5. Critically appraise the various approaches to managing project teams and oneself

Business Case

Fully justified topic, with aims and questions excellently articulated and reviewed within context of organisation and academic debate.

Addressed the purpose of the exercise coherently with some imagination and within the organisational context.

Most of the work is focused on the aims and themes of the exercise.

Some of the work is focused on the aims and themes of the exercise.

Fails to address the task set.

1. Use and understand the applicability of various project management approaches and models

2. Advise on selection of the best strategy / projects in terms of added value

3. Use and understand various tools and techniques for project planning and monitoring

4. Contrast the suitability of different approaches to managing project budgets, quality and risk

5. Critically appraise the various approaches to managing project teams and oneself

.

Project Plan

Shows a thorough, polished and imaginative approach to the topic.

Carefully and logically organised. Very good use of figures, diagrams.

Good attempt to organise in a logical manner.

Some attempt to organise in a logical manner.

Disorganised and/or incoherent analysis.

2. Advise on selection of the best strategy / projects in terms of added value

3. Use and understand various tools and techniques for project planning and monitoring

4. Contrast the suitability of different approaches to managing project budgets, quality and risk

Risk Management Strategy

Critical review of theory or models.

Very good review of theory or models.

Good review of theory or models.

Fair review of theory or models.

List of sources, rather than review.

1. Use and understand the applicability of various project management approaches and models

2. Advise on selection of the best strategy / projects in terms of added value

3. Use and understand various tools and techniques for project planning and monitoring

4. Contrast the suitability of different approaches to managing project budgets, quality and risk

5. Critically appraise the various approaches to managing project teams and oneself

Risk Register

Justifies approach taken.

Highly valuable to the organisation in terms of identification, assessment and implementation planning.

Justifies approach taken.

Risk identification, assessment and implementation planning are accurately analysed and reported clearly in relation to organisational context.

Approach taken is sufficient. The risk management process is not in-depth analysed

The risks are mentioned, showing only a marginal application of the risk management process.

Fails to identify, assess, and implement risks.

Elements of Business Case (BC)

Max

Business Case

Executive Summary and Reasons

35%

5

Business Options

10

Expected Benefits

5

Timescale and Costs (from Project Plan)

10

Investment Appraisal

5

Project Plan

Product Breakdown Structure (PBS)

40%

5

Work Breakdown Structure (WBS)

10

Estimation of Resources Needed (staff, materials, etc.)

5

Network Diagrams, and Critical Path Analysis

10

Gantt

5

Planning Assumptions

5

Risk Management Strategy

Identify, Assess, Plan, Implement, Communicate Elements

10%

10%

Risk Register

15%

Total

100