Consider a problem or opportunity that you’ve seen at work or in your personal life that could serve as motivation for a class project.
1.The scope of your project should be small, but should require a project manager, project team, resources, a budget of between $10,000 – $200,000, and should be able to be completed within a six-month timeframe.
2.Prepare either (not both) a problemoropportunity statement that includes the components ofidentity, timing, location, and magnitude.
3. Prepare a fish bone diagram showing the potential causes of your problem or opportunity. You may choose one of the Fishbone Diagram Templates from the Microsoft Website:http://office.microsoft.com/en- us/templates/results.aspx?qu=cause+and+effect+diagram+2003&ex=1&av=allor create your own
4.List three options for solving the problem or fulfilling the opportunity through a project (one option should be to “do nothing”).
5.Evaluate your options using one of the methods (financial analysis, list of advantages and disadvantages, or S.W.O.T analysis) as discussed in Chapter 3.
6. Using the results from steps 1-5 as inputs, create a BusinessCase for your project which includes the following components:
- ExecutiveSummary
- ProjectDrivers(Problem/OpportunityStatement)
- Underlying Causes
- Goal
- OptionsforAchieving
- Assessment of Options for Achieving the Goal
- Conclusion (Findings/Recommendations on moving forward)
ScholarMatic: Explanation & Answer
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