Identify and evaluate a suitable business case for a project

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Reference no: EM131731617

Learning Outcomes

This assessment is designed to demonstrate the achievement of the intended module learning objectives. On completion of the assessment, students are able to:

1. Assess the business case for a project and recommend a strategy for reduction of uncertainties and the management of associated risk

2. Recommend a suitable structure and process for monitoring and control of a project

3. Select and apply appropriate tools and techniques for the planning and management of a project

4. Formulate a strategy for the implementation of change.

5. Select and apply an appropriate contract and pricing strategyIntroduction:

You are required to develop a strategic project plan in the form of a document not more than 4000 words, excluding appendices and references. There is considerable freedom of choice for a suitable project scenario. But, whatever scenario you choose, assessment is against specific criteria that originate in the module learning outcomes.

The module learning outcomes (1-5) are mapped to the following assessment criteria

1. Assess the business case for a project and recommend a strategy for reduction of uncertainties and the management of associated risk Assess the business case for a project and recommend a strategy for reduction of uncertainties and the management of associated risk

2. Recommend a suitable structure and process for monitoring and control of a project

3. Select and apply appropriate tools and techniques for the planning and management of a project

4. Formulate a strategy for the implementation of change.

5. Select and apply an appropriate contract and pricing strategy

You have to choose between:
- A suitable project area with which you are familiar, e.g. your workplace, or
- A well-publicized disaster, requiring a significant and sustained response, or
- A significant civil or construction, manufacturing or management (could also be an information systems) project (but not a scientific research project)
- If you still have issues you can email me or come and discuss

Tasks:
With your chosen scenario:
- Briefly describe the initial structure - set baseline of the project

- Create a strategic project plan with :
- A strategic project analysis exercise
- A change strategy with enough detail for:

- A business case
- Project planning and management tools
- Monitoring and control structure
- A risk reduction strategy using an appropriate approach to risk identification.

The options above give scope for a great variety of responses. Given that, it would be extremely odd if two people happened to produce similar reports and any such similarities would be fairly easy to detect. Appropriate penalty would be applied under such circumstances as per MEC PG regulations.
Documentation Requirements
- Adopt academic conventions appropriate to a higher degree
- Avoid ‘cut & paste' model solutions
- Use project management software (MS-Project).
- You will be assessed on managerial and strategic insights, not detailed Techniques
- Don't breach company confidentiality
- Pay close attention to assessment weighting and allocate your effort proportionately
- Use MEC LMS Moodle for peer and tutor support
- Try to submit coursework as a single piece, preferably in Microsoft Word or Adobe PDF format

You will have demonstrated ability to:

1 Work Proposal. (Must be submitted on or before 19th Nov 2017).

2 Identify and evaluate a suitable business case for a project.

3 KPI of Project deliverables.

4 Recommend a strategy for reduction of uncertainties and the management of associated risk.

5 Identify and apply appropriate planning and management tools for the project

6 Recommend a suitable structure and process for the monitoring and control of a project

7. Formulate a strategy for the implementation of change.

The assignment evaluation sheet is attached at the end of this document for your reference.

Verified Expert

The assignment provides a work proposal for a project. In this context the case study company is Home Gallery. The work proposal is based on the joinery and carpentry work in the construction of cultural complex center, Al Buraimi University College. The paper effectively discusses the tools and techniques to be used in the actual project along with the timeline.

Reference no: EM131731617

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Reviews

len1731617

11/21/2017 4:04:09 AM

Task. 7 Uncompleted/ Poor selection, compilation change Satisfactory / Good compilation and discussion on change management strategy. Very Good / Excellent compilation of strategy for implementing change Strategy for implementing change management strategy However reflection of change management details of few components needs improvements. management. Reflection of changes clearly observed and strategy discussed found very good / excellent.

len1731617

11/21/2017 4:03:55 AM

Task. 6 Recommendat ion of a suitable structure and process for the monitoring and control of the project Uncompleted/ poor Media File Satisfactory / Good usage of suitable structures and process for project monitoring and control. However illustration and overall improvement needed in few of the monitoring components selected Very good / Excellent usage of suitable structure and process for the monitoring and control of the project. Identification and discussion of monitoring component found very good / excellent

len1731617

11/21/2017 4:03:47 AM

Task. 5 Identify and apply of appropriate planning and management tools Uncompleted/ Poor selection and usage of project planning and management tool Satisfactory / Good usage of project planning and management tools and techniques. However few of the techniques / tools utilization needs improvements. Visual representation / illustrations needs improvements. Very Good / Excellent usage project management tools and techniques with suitable illustrations. Very good / Excellent presentation of information on project planning and management tools Examiner’s comments :

len1731617

11/21/2017 4:03:34 AM

For a mark of 50-59% • Show an adequate understanding of the activity. • Display knowledge of some of the principles, theories, methodologies, and practices involved in Project Management and an ability to apply them. • Provide evidence of some reading related to the proposal. • Demonstrate an ability to select key points in the exercise and analyse them. • Provide approaches that are less creative or might not be entirely practicable • Provide a critique of your own work. • Provide discussions of further research that may be needed. For a mark of 40-49% • Show a barely adequate understanding of the purpose of the exercise. • Display knowledge of some of the principles, theories, methodologies, and practices involved in Project Management and attempt to apply them. • Provide evidence of reading limited relevant literature. • Attempt some analysis and discussion. • Show some ability to link theory to problems and provide solutions.

len1731617

11/21/2017 4:03:21 AM

For a mark of 60-69% • Show a clear understanding of the activity. • Display knowledge of most of the principles, theories, methodologies, and practices involved in Project Management and an ability to apply them effectively. • Provide evidence of wide reading. • Demonstrate an ability to select critical points and analyse them and draw sound conclusions. • Provide approaches that are creative and practicable. • Provide a supported critique of your own work. • Provide supported, discussions of further research that may be needed.

len1731617

11/21/2017 4:03:13 AM

The following criteria will be interpreted appropriately according to the nature of the assessment and the general framework set by the module aim and learning outcomes. For a mark of >69% • Show a thorough understanding of the purpose of the activity. • Display knowledge of the major principles, theories, methodologies, and practices involved in Project Management and an ability to apply them effectively. • Provide evidence of wide reading, including academic journals. • Demonstrate an ability to select critical points, evaluate them and communicate the conclusions effectively. • Provide approaches that are creative, practicable, and supported. • Provide a sound, supported critique of your own work. • Provided sound and supported discussions of further research that may be needed.

len1731617

11/21/2017 4:03:01 AM

The options above give scope for a great variety of responses. Given that, it would be extremely odd if two people happened to produce similar reports and any such similarities would be fairly easy to detect. Appropriate penalty would be applied under such circumstances as per MEC PG regulations. Documentation Requirements ? Adopt academic conventions appropriate to a higher degree ? Avoid ‘cut & paste’ model solutions ? Use project management software (MS-Project). ? You will be assessed on managerial and strategic insights, not detailed Techniques ? Don’t breach company confidentiality ? Pay close attention to assessment weighting and allocate your effort proportionately ? Use MEC LMS Moodle for peer and tutor support ? Try to submit coursework as a single piece, preferably in Microsoft Word or Adobe PDF format

len1731617

11/21/2017 4:02:48 AM

1 Introduction, Executive Summary 10 Marks 2 Business Case 3 Project Scope, Objectives 4 KPI – Project Delivery 5 Marks 5 Risk identification, risk categorization, analysis, risk management along with mitigation plan 10 marks 6 Resource Plan 25 Marks 7 Estimation Plan 8 Communication Plan 9 Project Schedule (Task List, Summary tasks, WBS, Predecessor linking, Resource allocation, Gantt Chart, Network analysis diagrams) 10 Monitoring and controlling strategy (Mile Stone, Base line, Critical Path, Float/Slack, etc.) 25 Marks

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