{"id":32014,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/pjm-6005-lesson-1-homework-assignment-writing-a-business-case-for-a-case-study-project"},"modified":"2017-08-16T06:05:01","modified_gmt":"2017-08-16T06:05:01","slug":"pjm-6005-lesson-1-homework-assignment-writing-a-business-case-for-a-case-study-project","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/pjm-6005-lesson-1-homework-assignment-writing-a-business-case-for-a-case-study-project\/","title":{"rendered":"PJM 6005 Lesson 1 Homework Assignment: Writing a Business Case for a Case Study Project"},"content":{"rendered":"<div class=\"the_content_wrapper\">\n<p><strong>PJM 6005 Lesson 1<\/strong><\/p>\n<p><strong>Homework Assignment: Writing a Business Case for a Case Study Project<\/strong><\/p>\n<p>&amp;nbsp;<\/p>\n<p>In order to complete each of the homework assignments for this course, you will need to identify and describe and plan a project of <em>your<\/em> choosing.&amp;nbsp; Your selected project can be either a personal or professional example<strong>, but please do not choose a project you have used for any other class or project, or that you are currently working on in your professional work. Your case study project should be unique to you and not previously used by you or anyone else.<\/strong><\/p>\n<p>&amp;nbsp;<\/p>\n<p>To help you select your project, consider that you must know or be able to research enough about this project that you will be able to identify (at least at a high level) the following:<\/p>\n<p>&amp;nbsp;<\/p>\n<ul>\n<li>The likely reason the project was undertaken (what business problem(s) the project was supposed to solve)<\/li>\n<li>At least 10 stakeholders<\/li>\n<li>At least 10 key features, functions, or characteristics of the project\u2019s output<\/li>\n<li>Approximately how much the project is supposed to cost (high level)<\/li>\n<li>Approximately how long the project is supposed to take<\/li>\n<li>At least 5 risks associated with the project<\/li>\n<li>What other possible projects could satisfy the same need<\/li>\n<\/ul>\n<p><em>&amp;nbsp;<\/em><\/p>\n<p>It is acceptable to identify only <em>part<\/em> of a larger project (for example, a particular phase or sub-project).<\/p>\n<p>&amp;nbsp;<\/p>\n<p><strong>Hint #1: if you\u2019re debating whether a project is too big or small for this assignment, review the Business Case outline provided on the next two pages.&amp;nbsp; If you\u2019re not able to fairly easily provide the information the Business Case outline requires for your project, then you should consider a different project.&amp;nbsp; <\/strong><\/p>\n<p><strong>&amp;nbsp;<\/strong><\/p>\n<p>Hint #2: run an internet search on \u201ctips for writing a business case\u201d and see what you find!&amp;nbsp; There is a significant amount of information online. Specifically, you may find the following websites useful \u2013 but there are many others as well:<\/p>\n<p><strong>&amp;nbsp;<\/strong><\/p>\n<ul>\n<li><a =\"http:\/\/www.gantthead.com\"><strong>gantthead.com<\/strong><\/a><\/li>\n<li><a =\"http:\/\/www.pmhut.com\"><strong>pmhut.com<\/strong><\/a><\/li>\n<li><a =\"http:\/\/www.theiiba.org\"><strong>theiiba.org<\/strong><\/a><\/li>\n<\/ul>\n<p><strong>&amp;nbsp;<\/strong><\/p>\n<p><strong>YOUR WEEK 1 ASSIGNMENT: <\/strong><\/p>\n<p>Based on lecture materials for course week 1 and the template provided on the next pages, write a Business Case for your project.&amp;nbsp; Remember, a Business Case is a proposal! Write the Business Case as if the project has not yet begun (even if the project you\u2019ve chosen as your case study already has started, or has even finished.) <strong>Also, this assignment is to be completed individually. Do not seek assistance from (or provide assistance to) other students either in selecting your case study or in writing this Business Case.&amp;nbsp; Doing so will be considered unauthorized collaboration and will result in a failing grade for this assignment. <\/strong><\/p>\n<p>&amp;nbsp;<\/p>\n<p>Once completed, save your files using the following filename convention:<\/p>\n<p>Lesson 1 HW \u2013 [your last name].doc<\/p>\n<p>&amp;nbsp;<\/p>\n<p>Once finished, upload your completed file to the course website using the link on the week 1 assignment page (where you downloaded this file.) &amp;nbsp;Good luck!<\/p>\n<p><strong><br \/> <\/strong><\/p>\n<h1>Business Case and Project Proposal: [Your Proposed Project Name Here]<\/h1>\n<p><strong><em>(Note: the text in RED is designed to help you write your Business Case.&amp;nbsp; Please remove all red text before submitting your assignment.)<\/em><\/strong><\/p>\n<p><strong>&amp;nbsp;<\/strong><\/p>\n<ol>\n<li><strong>Business Background<\/strong><\/li>\n<\/ol>\n<ul>\n<li><strong><em>In this section, use 2 to 3 paragraphs to explain the current situation that has prompted this project proposal. In other words, \u201ctell the story\u201d about where this proposed project has come from: what problems, needs, or situation has caused us to consider this project at this time? <\/em><\/strong><\/li>\n<\/ul>\n<p><em>&amp;nbsp;<\/em><\/p>\n<ol start=\"2\">\n<li><strong>Business Requirements<\/strong><\/li>\n<\/ol>\n<ul>\n<li><strong><em>Using the guidelines and examples contained in this week\u2019s lecture material and readings, write at least 3 specific BUSINESS requirements for this proposed project. <\/em><\/strong><\/li>\n<li><strong><em>Recall that a business requirement is a clear statement of the CAPABILITY we need to have (the problem to be solved), and isn\u2019t focused on a particular solution. Even if your case study project has already started (or has finished), remember that a Business Case is written during the project initiation phase \u2013 so, if this were a \u2018real world\u2019 business case, the project wouldn\u2019t have actually started yet (we wouldn\u2019t necessarily know the project had already been approved.) <\/em><\/strong><\/li>\n<li><strong><em>Try writing your business requirement statements so that they begin with the phrase \u201cwe <\/em><\/strong><strong>require the capability to<em>\u2026\u201d in order to avoid identifying a specific solution (the next section focuses on the specific solution.)<\/em><\/strong><\/li>\n<\/ul>\n<p><strong><em>&amp;nbsp;<\/em><\/strong><\/p>\n<ol start=\"3\">\n<li><strong>Description of Proposed Project\/Solution<\/strong><\/li>\n<\/ol>\n<ul>\n<li><strong><em>In this section, describe the specific PROJECT you\u2019ve chosen for your case study. At a minimum, describe at least 5 key features, functions, or characteristics the output of this project will have.&amp;nbsp; (If you described this project verbally in a conversation, how would you describe it?) Although not required, you may find using a bulleted list to be helpful.<\/em><\/strong>\n<ul>\n<li><strong>Solution Benefits<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong><em>Describe at least 3 benefits associated with this project, and at least 1 of your 3 benefits must be expressed in monetary terms. <\/em><\/strong>\n<ul>\n<li><strong>Project Stakeholders<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong><em>Describe at least 10 project stakeholders. A stakeholder is a person with an interest in the project.&amp;nbsp; Have a brief description of their role and high-level responsibilities in the project. <\/em><\/strong>\n<ul>\n<li><strong>Solution Costs<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong><em>Describe at least 3 costs associated with this project, and at least 1 of your 3 costs must be expressed in monetary terms. <\/em><\/strong>\n<ul>\n<li><strong>Solution Risks<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong><em>Using the Risk Identification syntax included in this week\u2019s lecture materials (\u201cdue to the fact that\u2026there is a risk that\u2026which would result in\u2026\u201d), identify at least 5 risks associated with this project. <\/em><\/strong><\/li>\n<li><strong><em>For each risk you identify, also indicate whether you believe the risk has high, medium, or low impact to the proposed project if the risk occurs. <\/em><\/strong><\/li>\n<\/ul>\n<p><strong><br \/> <\/strong><\/p>\n<p><strong>&amp;nbsp;<\/strong><\/p>\n<p><strong>&amp;nbsp;<\/strong><\/p>\n<ol start=\"4\">\n<li><strong>Analysis of Alternatives<\/strong><\/li>\n<\/ol>\n<ul>\n<li><strong><em>In this section, identify and describe at least 2 other potential projects or solutions that could also satisfy the business requirements you listed in section 2 of this Business Case. <\/em><\/strong><\/li>\n<li><strong><em>What are some of the costs, benefits and risks associated with each alternative? Why is your proposed project (your case study) a better project to pursue than the other alternatives?<\/em><\/strong><\/li>\n<\/ul>\n<p><strong><em>&amp;nbsp;<\/em><\/strong><\/p>\n<ol start=\"5\">\n<li><strong>Final Recommendation<\/strong><\/li>\n<\/ol>\n<ul>\n<li><strong><em>In this section, briefly summarize whether you believe your proposed project (your case study) should be approved for initiation, and why. <\/em><\/strong><\/li>\n<\/ul>\n<p>&amp;nbsp;<\/p>\n<p><strong>&amp;nbsp;<\/strong><\/p>\n<p><strong>&amp;nbsp;<\/strong><\/p>\n<p><strong>&amp;nbsp;<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>PJM 6005 Lesson 1 Homework Assignment: Writing a Business Case for a Case Study Project &amp;nbsp; In order to complete each of the homework assignments for this course, you will need to identify and describe and plan a project of <a href=\"https:\/\/www.benedictsol.com\/blogs\/pjm-6005-lesson-1-homework-assignment-writing-a-business-case-for-a-case-study-project\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-32014","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/32014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=32014"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/32014\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=32014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=32014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=32014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}