Project Management
Project Management Assignment
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Prepare a Business Case / Project Proposal
o Use knowledge of PRINCE 2 (Project Management) for this assignment. o Submit as a single MS Word Document. o Word limit: 2000 words (excluding the Appendix and Table of Contents and references) o Properly label and figures and diagrams. o Chole a unique name for your business case. o Follow the Rubric attached to see how this assignment will be marked. o All statements must have legitimate references.
Follow the below structure for your assignment. Construct the assignment as per the below 12
sections and properly label all paragraphs, sub paragraphs and diagrams.
1. Title Page
a. Project title (Chose a unique title for your business case) b. Name of assignment
2. Table of Contents
3. Executive Summary (Briefly describe a high-level summary or contents of the business)
4. Reasons for Doing the Project (Background of the project or challenge you are facing, and you want to do that for the project. Remain competitive. Don’t confuse reasons and benefits.)
5. Objectives
a. Identify two objectives. b. Develop a SWOT analysis (Minimum four in each category). You can do a mind map as well.
6. Quantitative Analysis
a. Use the following techniques to quantify the viability of the project: a. Weighted scoring model b. NPV c. Payback d. ROI
b. Identify the expected benefits.
7. List the Business Options
8. Project Requirements a. List and describe the requirements needed to carry out this project. b. List and describe the possible assumptions for this project. c. List and describe the constraints for this project.
9. Costs
a. Estimate how much does it will cost. (Do research of similar project, estimation not accurate, find price and add them.)
b. Explain how you estimated costs.
10. Major Risks a. Identify five (5) risks and quantify their potential likelihood and severity. b. Indicate how each of the above-mentioned risks will be managed
11. Timescale
a. How long is the estimated time to complete the project? b. List and describe the major milestones.
12. Conclusion and References
Project Management Assignment
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Task: This assignment is to prepare a business case which should be in Darwin, Northern Territory, Australia. This assignment should relate to your study which is Bachelor of Information Technology. Use your knowledge of Information technology to think of a topic and work on it. Example: One student thought of a Mobile tech assistance in Darwin. This project will provide Darwin’s Australians an
effective and easy way to save money on tech related issues. Will create local jobs as this business will be able to travel around Darwin and offer tech solution and fix hardware/software related problems for local Darwin business also personal users. Will save money and time for all small and newly opened Darwin businesses because they will be able to get all the services from the local people and won’t need to wait for someone from down south of Australia and charge big amount of fees. You can think of something like this. Background Scenario
Australia - Northern Territory’s Charles Darwin University is offering a small business grant for a deserving student’s entrepreneurial endeavour. It has been left up to the University Lecturer to oversee the business case submissions and ascertain whether they are indeed viable and worthy of funding. To receive the funding, the project must meet the following criteria:
• It must benefit a community - either a community or a select segment of the population
• It must be in Darwin, Northern Territory, Australia
• It must be a unique endeavour
• It must be completed within one (1) year
• It must have a budget between $50,000 AUD and $100,000 AUD
• It can generate income (though not necessarily break even in the first year). If it does not generate
income it must provide significant benefit to a community, which must be quantified by a high score
using a weighted score model
• It must relate to your area of study which is Bachelor of Information Technology
• Your tutor from Charles Darwin University is your project sponsor
Project Management Assignment
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Appendix A
CHOOSING YOUR PROJECT
a. Area of Study – You must do something that is related to your degree program which is Information Technology. The reasoning behind this is that we want you to focus on Project Management and how it will relate to your area of interest.
b. Business case does NOT mean a business Consider hosting an event. There are thousands of charities out there that undertake some sort of clever fundraising initiatives. Google away.
c. If you’re still stuck on ideas, consider
Example: Jane is studying business and works part-time as an assistant at a law practice. Ideally, she would choose a project that incorporates her studies and takes advantage of her working knowledge of the legal system (she’s not a barrister so can’t provide actual legal advice.) Most likely, while in that office, she has come across a few areas that she has found to be lacking in support or in need of a bit more attention. (Think, “If only we had….”). Well, besides a coffee and muffin delivery service, she’s not having any waves of inspiration.
Now, outside of work, Jane’s interests include basketball, reading and painting. She even volunteers by teaching arts and crafts classes once a week at the local senior centre. While teaching, she hears about the woes that some of the elderly attendees have encountered with legal issues related to estates, medical bills, wills, etc. Hmmm, maybe she could work with some first-year barristers to get them to come in and provide reduced fee services. It’ would be a business and she know the legal system. “Ok”, she thinks, “There’s an idea.” But, as she is walking around the senior centre’s craft room, she notices that several the students want to take their work outside, but because of their mobility scooters, it’s proving a difficult task. If only there was a device that would allow them to attach an easel to their scooters or walkers. Hmmm, there’s an idea. Looking further, she sees that some of those scooters are looking a little worse for wear. Wouldn’t it be funny if some of them were painted like V-8 race cars?
d. Choosing a less than ideal project for your assignment
Example Jane also considers herself a pseudo-environmentalist. She recycles – but still isn’t quite sure if pizza boxes can go into the recycling bins. She understands the benefit of a compost pile, but since she’s in a city apartment, this isn’t really feasible. She had fans installed around the unit so she could do without air conditioning. She’s heard about solar farms and wonders if she could get something like that established in one of the rural senior centres she regularly visits. First though, she needs to figure out exactly what a solar farm entail. Bottom line: Jane has great intentions, but let’s face it, in the amount of time it will take her to learn all about solar farms - the logistics, the legalities, the zoning - she could have written a business plan for something of which she already has working knowledge.