Deliverable 7 - JBH Project Plan

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DELIVERABLE 2 5

Deliverable 1 - Kingston-Bryce Business Case

Jamie Raines

Rasmussen College

GEB3422CBE Section 01CBE Business Project Management

Felicia Roquemore

October 20th, 2020

Deliverable 2

Kingston-Bryce Business (KBL) Case

As the appointed Project Manager for KBL, the assigned duty is creating a business case that will aid the Board of Directors in continuing with the acquisition process. A successful acquisition process will enable KBL to triple its current workforce and widen the existing operations. The project anticipates to cost $5 million and will last for 18 months.

Project Scope

For a successful acquisition process, KBL will execute the project through four major predetermined phases. During the first phase, two significant tasks ought to be executed. These are the formulation of the acquisition team and assigning them specific duties and responsibilities while the other task will be incorporate in-depth analysis of the existing competitors. Phase one activities are expected to run for ten weeks. The goal of the phase is the verification of KBL productivity and how it can be motivated.

The second phase will also comprise of two major tasks. The initial task will be a critical evaluation of the existing financial statement to generate profit reports. This will take 12 months. The results of the task will determine whether KBL will proceed with the acquisition process or not. The second task involves an examination of the necessary legal documents required in executing documentation. This will take six weeks. The result will help determine whether competitors are compliant or not.

The third phase will be in for six additional activities. The results from this phase will mark the steps to be taken in the final stage. The first task will be liability analysis, and it is approximated to take two weeks. The results will be essential in determining areas that need reinforcement. The second task will be an examination of competitor capabilities. It is expected to take two weeks. The third task will be tax compliance assessment. It is expected to take two weeks. The fourth task will be employee compliance, which will take another four weeks because its number is slightly higher. The fifth and sixth activities will be an evaluation of client feedback and risk assessment, respectively. The two will take a total of five weeks.

The fourth phase, which is also final, will entail three significant activities. The first task is to present the results gathered to the board of directors, which will last for a maximum of four weeks to allow the board members to have a high-end review of what has been presented. The second activity will be the acquisition process, which will incorporate the signing of necessary agreements. It will last for 12 weeks. The very last task is sealing the deal that has been made by the involved parties.

Pros

Successful acquisition of KBL will enhance the current operations and performance via the provision of extra services and products towards its clients. Secondly, profitability will be positively impacted and also the number of available products will be high.

Cons

The primary cons associated with the case include; uncertain future budget after the successful acquisition. Second is additional expenses because of the increased workload in the organization.

Opportunities

Successful acquisition of KBL will ensure that clients can be venturing into novel market opportunities that were initially dominated by the firms clinched. KBL will result in the creation of expansion room for the company and hence enhanced performance.

Limitations

The major limitation is the capacity to maintain a complicated process after a successful acquisition process. Centralizing the various firms and hiring of additional employees can be problematic.

Assumptions

Any assumptions made during the acquisition process ought to be accounted for in this case.

Funding Schedule

$5 million is allocated for the process. Funding for the project will be completed in phases, and success in one phase will pave the way for the next phase. Sequential financing of the project will allow the organization to pump inadequate resources when needed. The following schedule should be followed.

Timeline of Acquisition

Milestones

8 weeks

10 weeks

12 weeks

6 weeks

2 weeks

2 weeks

2 weeks

4 weeks

2 weeks

6 weeks

4 weeks

12 weeks

2 weeks

Timeline

Analysis of liabilties

Analysis of legal documents

Financial evaluation

Analysis of to be acquired company

Establish project acquisition team

Risk assessment

Review of customer feedbacks

Staff review

Assessment of tax complance

Evaluation of assets

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2

3

4

Closure of purchase

Acquisition (purchase agreement)

Presentation of findings to Board of Mgt