Business Finance - Operations Management Can someone do my Week 1 Assignment in BUS 633 Project & Operations Management?

Walmart Case Study

A firm known as International Logistic Services, or ILS, has acquired an existing warehouse and

transportation provider in your selected country for Walmart. ILS has an excellent reputation as

a firm concerned about profit, people, and the planet. That is, they strive for the triple bottom

line. ILS is located within the vicinity of one or more Walmart stores. The acquisition, however,

has inherited many problems, including safety, disregard for the environment, and financial

issues.

The newly acquired logistics service has 100 employees. ILS recently appointed a new director

of logistic services--DLS-- who will sponsor the project to improve operations, recognizing that a

strategic objective is to win Walmart's business. You have been selected as the project

manager.

The DLS has asked you to develop a project charter. The Project Management Institute, PMI,

defines a charter as a document issued by, or approved by the sponsor, to officially undertake

the project. The charter enables the project manager with authority to obtain resources, and to

plan the project, and eventually execute the project.

The sponsor has specified constraints for the project as follows—

• The business was acquired for $400,000. Thus, benefits that accrue from this project must justify the investment.

• Project costs should not exceed $100,000.

• The project is expected to start in February and be completed by December in Year Zero.

• Net benefits of the project should be $150,000 per year for the first five years, starting in Year One. In Year Six, assume that the salvage value is $400,000.

Your charter must include a summary of the project’s scope and limitations, and a business

case for the project.

The business case should include the application of the corporate social responsibility values to

resolve the inherited problems; how the project will enable the corporate strategy to win

Walmart's business, net present value for the project, using the data provided and calculated in

MS Excel. Attach the Excel document as an appendix to the charter.

• Summarize the results of your calculations in the body of the project charter.

• Describe a milestone project schedule that includes five to seven elements. A milestone

is a high-level task that includes a top-down estimate of the project duration and the start

and end times. Predict risks, unexpected threats, and opportunities that may occur

during the project.

• Outline the resources you will need for the project: team members, materials, and funds.

State your plan to form a high-performing project team.

• Identify five important groups of stakeholders that you should consider for the project.

Stakeholders include any party that has an interest in a project.

Why is this assignment important to you? Writing an effective project charter will help you

develop skills to effectively initiate a project.

As you write this assignment, consider that you may write as many as 50 to 100 charters during

your career, as many project leaders and sponsors have done. Many times, charters are called

by other names, such as request for proposal, budget justification, authorization for funding, and

so on. If you have any questions, be sure to ask your instructor.