MBA - Main - Set 8

Running head: A SCOPE STATEMENT 1

A SCOPE STATEMENT 5

A scope Statement

Name

Institution

Course

Date

A scope Statement

Business case

Regarding the element of who is involved, Fiat and General Motors automobiles are involved. A troubled alliance/merger between the two automobile industries is the issue of concern/what is involved (Kloppenburg, 2016). The place of the incidence was in the United States, where the merger occurred. Regarding the when question, the troubled merger between the automobile industries occurred in 2005 (Muthukumar, 2005). The reason for the issue is that Fiat had been making losses, and it was attempting to merge with GM so that it could revive its situation, but due to the failure by GM to buy stakes from Fiat, the merge turned hostile.

A statement of the project scope

Description of the scope

The above project is under the category or the scope of merger and acquisition that is highly involved in the aspect of the projects. Whenever a project is to become successful, especially when making losses, then the firm needs to be involved in the aspect of a merger or an acquisition so that it might become successful. As an example, in this project, the Fiat company had been making losses, and this led to the instance of the firm seeking to get into an alliance or a merger with the General Motor’s corporation. However, not all the mergers and alliances are successful, as some of them tend to fail due to certain reasons, as it was the case with the Fiat and the General Motor’s Corporation. In this case, it becomes essential to look at the key deliverables as well as the criteria of acceptance for the project.

Key deliverables with the criteria of acceptance

KEY DELIVERABLES	CRITERIA OF ACCEPTANCE
1. Training sessions	1. The competency of individuals being trained.
2. User manuals	2. The performance of the organization
3. Working system	3.The specific activity that needs to be completed
4. Objective of the project	4. The time taken for completing the project and the people it will benefit
5.Products and services of the project	5.The closure of the project since it has to describe the product and services the project will offer.
6. Expectations of the clients as well as the stakeholders.	6. The involved criteria of acceptance are the aspect of the project, having the ability to meet the expectations of those clients and the stakeholders.

Exclusions

As far as the case study is concerned, exclusions refer to the notable ways a given member of the project or any other essential undertaking might be removed from being involved in a project.

Identification

As an example, individual motives might be an essential way of excluding a certain firm from a given project. As an example, in this case, study, the Fiat corporation was highly involved in raising its revenue, and this might be regarded as an individual motive, and this is one of the key ways of excluding a firm from getting into a venture. According to Kloppenburg, (2016), it is important for a firm to be at a high level of financial performance before getting into a merger.

The other criterion of exclusion is the inadequacy of resources. As an example, the Fiat corporation did not have the required resources for engaging in a venture, and its motive was gaining support from the General Motor’s Corporation. As a result, the firm is intended or aimed for a great failure.

Constraints

Constraints refer to hindrances for a firm to get into a merger or an acquisition with another organization.

Identification

When it comes to identification, it might be deemed that the leadership of the Fiat firm was not at a point of being involved in a merger. Due to this case, any instance of being involved in a merger was deemed to fail at al costs. Additionally, the Fiat firm did not have the required resources, and due to this case, it merger with the GM company was an endeavor deemed to fail. Therefore, the two aspects are major constraints that were deemed to lead to the failure of the merger.

Assumptions

They refer to the various beliefs and perceptions that any firm could get into a merger or an acquisition.

Identification

The Fiat Company was deemed that it was effective to get into a merger. However, the assumption was ineffective since the firm was not at a point of getting into a merger. The other assumption was that the Fiat firm would raise its revenue after getting into the merger and this was not the case as the merger turned futile.

References

Muthukumar R. (2005). Case studies on the global automobile industry. Fiat and GM: A troubled merger.

Timothy J. Kloppenburg, Vittal Anatantmula, and Kathryn N. Wells. (2016). Contemporary project management. Fourth Edition.