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Part 1:

 Creating a Project Balance Sheet

As mentioned in this week's lecture, a project balance sheet is a tool used for balancing a project's business requirements with the capabilities and risks associated with fulfilling those requirements.

For this discussion, select a business problem or an opportunity scenario that is of interest to you, and develop a project balance sheet that describes it. Your project balance sheet should clearly identify each business case item, as well as its business requirements and project capabilities to meet these requirements. Minimum of 300 words.

Part 2:

SCRUM Project, Part 2: Writing a Business Case

Throughout this course, you will be managing a fictitious project of your choice using SCRUM Agile project management techniques. You will use the Visual Studio Online (VSO) SCRUM tool to help with your Agile project management. This project will involve a series of steps over Weeks 1-5, and will culminate in a final evaluation in Week 6.

Roadmap
Here is a summary of the project milestones and the weeks in which they are due:

• Week 1 – Setup a Visual Studio Online (VSO) account
• Week 2 – Select Project and Write Business Case (business case must include at least 2-3 business milestones)
• Week 3 – Product Backlog (must include at least 3 features, 10 backlog items (e.g., user stories). Also note: there is only one Scrum development team, made of 3 developers.)
• Week 4 – Release Planning (product must have at least 3 releases)
• Week 5 – Sprint Execution (project must have at least 4 sprints)
• Week 6 – Final Video

Your Tasks for This Week
To complete your task for this week, start by selecting a project that is robust enough to fulfill the requirements in Weeks 2-5, noted above. Next, write a business case for your project, incorporating the same level of detail as the Level 0 business case in your textbook. Your business case be written as a paper with headings, and should include:

• Two or three business milestones
• Root cause of the business problem
• Reason for solving the business problem
• Scope of the project
• Risk associated with the project
• Project Planning (cost and schedule)
• Project Balance sheet

The assignment:

• Must be 750-1500 words (3-5 pages) in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center (Links to an external site.).
• Must include a separate title page with the following:
  • Title of paper
  • Student’s name
  • Course name and number
  • Instructor’s name
  • Date submitted
• Must include a business case that is written as a paper with contextual (Level One) headings
• Business case must include the following:
  • Two or three business milestones
  • Root cause of the business problem
  • Reason for solving the business problem
  • Scope of the project
  • Risk associated with the project
  • Project Planning (cost and schedule)
  • Project Balance sheet
• Must describe the steps you took to develop your business case
• Must explain your approach to this assignment and the decisions you made
• Must include a reflection on this learning experience and lessons learned