Task 1: Develop A Business Case
In this assessment, you will demonstrate your understanding of:
a.the concept of a project;
b.the role of a project charter;
c.the concept of a stakeholder;
as well as your ability to
a.identify a project and the objective of a project;
b.develop a project charter;
c.and perform a stakeholder analysis and develop a stakeholder register
Instructions:
1. Please read the attached hypothetical project case study.
2. Complete the following assessment tasks:
Develop a business case for this project in a Microsoft Word document using no more than 300 words. The business case should include a cost and benefit analysis using the NPV model over the next 10 years. Use 2% as the discounting factor. Apart from financial criteria, are there any other non-financial criteria to consider?
Please note that you are required to make reasonable assumptions about this project to develop a business case for it, for example, the initial investment of this project, the operating cost of the system, the cost the University would be able to save, etc.
You are now appointed as the project manager for this project and your first task is to develop a project charter.
The project charter (in a Microsoft Word document) must contain, as a minimum, the following
Develop a WBS and the associated WBS dictionary. The WBS must have at least three layers. The WBS dictionary needs to contain the following information for each of the node in the WBS.
a.WBS element ID
b.WBS element name
c.Work description
The Microsoft Word document should contain a graphical representation of WBS and the WBS dictionary entries for each element in the WBS.
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