Reference no: EM132481261 , Length: word count:1500

PROJ6000 Principles of Project Management - Laureate International Universities

Read Singular Logic case study.

Singular Logic has the objective to:

"Increase its revenue from Euro 75 million in 2007 to Euro100 million in 2010". That means EURO 25 million in 3 years time.

YOU SHOULD FIND 3 WAYS that Singular Logic can achieve this objective. THIS IS AN ASSIGNMENT. YOU SHOULD FIND THIS WAYS YOURSELF. YOU CAN NOT ASK ME ABOUT THE SOLUTIONS.

Think of each of these ways as a Potential Project. YOU HAVE TO BRIEFLY WRITE 3 Business cases (1 business case for each solution, hence 3 business cases). ERGO YOU WILL HAVE 3 BHUSINESS CASES.

APPLY PROJECT SELECTION METHODS to these business cases and CHOOSE THE BEST SOLUTION. This final solution is YOUR PROJECT.
DESCRIBE THE PROJECT INITIATION PHASE FOR THIS PROJECT.

EXPLORE and EXPLIN, THE INITIATION DOCUMENTS FOR THIS PROJECT.

Assessment - Project Selection Methods and Initial Documents

Learning Outcome 1: Understand PMBOK knowledge areas and process groups and their role, relevance and impact on project management best practice and PMI's Code of Ethics.

Learning Outcome 2: Critically compare and contrast project management approaches and their appropriateness for managing a variety of project types.

Learning Outcome 3: Apply appropriate project management tools and techniques, paying particular attention to risk management.

Context:

A project is a temporary endeavour undertaken to provide an expected and beneficial outcome. A project life cycle is the series of phases that a project passes through from its initiation to its closure. Project goals should align with organisational goals such as improved operations or increased revenues, reducing costs or improving efficiencies.

Before resources can be committed to a project, the reason for its proposal and the benefits it is expected to deliver need to be understood by people in positions empowered to make decisions about the expenditure of an organisation's resources. The selection of organisational projects is typically performed through a method of classification and review of the project's business case. That method of course should be applied consistently to all project proposals.

Instructions:

For this assessment, you are required to demonstrate your knowledge on different methods used in the project selection and the project initiation process. Throughout the assessment, you will consider the Project Management Body of Knowledge (PMBOK) guide and focus, more specifically, on the initiation documents.

Assessment 2: Project Selection Methods and Initiation Documents

In essay writing, use the given/approved project throughout this assessment.
As you have discovered in your learning resources, this assessment requires you to:
• Carefully Identify and justify suitable project selection methods to the given project
• Critically discuss the processes to conduct the above project selection methods.
• Consider the Project Management Body of Knowledge (PMBOK) and appropriately describe the initiation process group and project documents that are created or used as inputs for a new project.

Your assessment should contain 1500 words.

Attachment:- Principles of Project Management.rar

Attachment:- SingularLogic - CaseStudy.rar