Project proposal case
Assignment 1 – Preparing a Business Case / Project Proposal
This assignment is worth 15% of your total grade.
· Due Date: Friday, (Week 5)
· Word limit: Maximum 2000 words
· Name, student number and page number if the footer of every page (excluding Title page)
· Submission: Submit via Learnline as a single MS Word Document.
· No attachments will be accepted. (Everything in one document please)
Background
CDU is offering a small business loan for a deserving student’s entrepreneurial endeavour. It has been left up to the CDU representative to oversee the business case submissions and ascertain whether they are indeed viable and worthy of funding.
In order to receive the funding the project must meet the following criteria*:
· It must benefit the community - either the community as a whole or a select segment of the population.
· It must be in Australia.
· It must be a unique endeavor (i.e. no franchises)
· It must be completed within one (1) year.
· It must have a budget between $25,000 and $50,000
· It must generate income (though not necessarily break even in the first year.)
· It must relate to your area of study (Bachelor of Information Technology degree program)
· It must not rely on any sort of sponsor, grants, donations or volunteer help. All staff, supplies etc. must be part of the allocated budget.
· All statements must have legitimate references. (Refer to School of Engineering’s homepage for further details on preferred format.)
· The lecturer from Charles Darwin University is your project sponsor.
Business Case Proposal/ Project Proposal (Format)
1. Title page
a. Project title
b. Name and student number
c. Group (Wednesday, Thursday or External)
2. Table of Contents
3. Executive Summary
4. Overview
a. Reasons/Business objectives of this proposal
· Identify the problem to be solved or need to be filled.
· How does it benefit the community?
· What are the expected outputs?
b. Performance measurement (quantifiable)
5. Expected Benefits/Current situation and market opportunities
a. Market analysis
· Describe the current market and/or trends.
· Is there a market for this project?
b. SWOT analysis
c. Output analysis
· Summarise the market in relation to the SWOT analysis.
· Describe the specific target market and where this project stands in relation to that market?
· Dis-benefit
6. 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.
7. Costs
a. How much does it cost? (Main costs and overall budget)
b. Identify the tools used for cost analysis
8. Major Risks
a. Identify five (5) major risks, to the best of your knowledge, in implementing this proposal
b. Discuss the risks involved and how they will be managed.
9. Timescale
a. How long will it take to complete the project?
b. List and describe the major milestones.
c. Schedule/Gantt Chart
10. Conclusion
11. References (Harvard referencing please)
Appendix A
CHOOSING YOUR PROJECT
a. Area of Study – It’s best to do something that is related to your degree program. The reasoning behind this is that we want you to focus on Project Management and how it will relate to your area of interest.