Shalin Harshadkumar Shah
Grusby, Al. PJM 6005
February 25, 2018
Project Scope Management
Business Justification Case Study for one project over another
Contents
Overview 2
Feasibility Study and Executive Summary 4
Purpose of Feasibility Study 4
Summary of Request 4
Background 4
Key Project Objectives and Goals 5
High Level Risk Assesment 7
Potential Project Risk Analysis 7
Project Cost - Benefit Analysis (CBA) 8
Estimated Project Cost (ROM) 8
Estimated Project Timeline (ROM) 9
Projected Benefits 9
High Level Benefits Assessment 10
Reasoning/Conclusion 12
References 12
Overview Case 1: Manufacturing Facility- Leading manufacturers of beauty and consumer care products is looking for a manufacturing unit after several site
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This requires understanding and proper communication between stakeholders and people involved. In few weeks, project charter, scheduling and implications is put forward for head start and meeting milestones.
Case 2: IT Conversion- Global leader in manufacturing and marketing of food and beverage products and supplements wants to integrate with a new Enterprise Resource Planning System (ERP) system through software and hardware platforms. The client faces deadline issues while completing the tasks and is losing hold on the company’s business goals. Suggestions are provided for faster completion of the project by going online.
Although, third-party vendor stepped in to deliver results, inadequate information, improper planning and missing of key milestones led to selection of PM Solutions for better results and quicker assessments of the IT transformation programs and build them
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Estimated Project Timeline (ROM):
Phases Case 1 (Time in weeks) Case 2 (Time in weeks)
Project initiation 1 1
Planning 2 2
Monitoring and Controlling 4 5
Execution 4 5
Project Closure 1 2
Total Cost 12 15
Projected Benefits:
Case 1-
• Creates new jobs- initially 120 and once the facility is at full operating capacity, 400
• Provides Organizational consolation
• Additional growth
The projections were done for the years 2014-2018 (5 years). This timetable is the one softly set by the possible new ownership group to build and resell the business. Also, after five years it was felt that the accuracy of the projections could come into question.
The initiation phase of a project is not complete without a clearly defined goal and realistic, measurable objectives that describe the business benefits which are expected to be delivered upon completion of a project (Laureate Educatio...
This project belongs in the engineering-efficiency category; therefore, it has to fit at least 3 of 4 performance hurdles, which are 1. Impact on EPS; 2.Payback; 3.Discounted cash flow and 4. Internal rate of return.
The purpose of this Project Management Plan (PMP) is to define the approach to be taken by the AMP Canada case study implementing SAP in 1 year time with the vendor – SAP business partner. The issues identified were: The team implementing the new system were required to meet both functional and systematic requirements thus affecting the implementation of the new system. - The staff were not well trained in the new system. - The user requirements were not taken into consideration thus affecting the purchasing orders, poor management of inventory, the manufacturing and finance department were not integrated.
The development team has begin to have meetings with both Bob and Thelma Mellankamp. They have expressed that they need to go ahead with an upgrade of their information system. To conduct the planning necessary several step must be taken. These are to include the identification of the issue; the scope of the project as a whole; the feasibility of the project; and the development of a project scope statement in order to identify expectations, deliverables, and benefits of conducting this project.
These issues could have been resolved if a proper market analysis was done. The outcome of this research could have suggested that it best suits highly populated areas. The objective of this research is to help a company or an entrepreneur understand the business environment better as well as customers’ needs and, therefore, make better business decisions. Once the market research data is compiled, it is then evaluated upon which recommendations and conclusions are drawn.
Skill Set Number of Employees Cost Project Manager 3 3,060,000$ Developer 3 3,000,000$ Database Engineer 3 2,952,000$ Database Tester 3 2,700,000$ Misc 50,000$ 3. Procurement Management Plan There is no procurement for this project. 4. Project Scope Management Plan Scope Management is the responsibility of Project Managers. This is elaborated with the help of the work break down structure.
The project integration phase was a huge success and jumpstarted the project on a positive note. The creation of a project charter helped breakdown the integration processes. Another thing that worked well on the project was our communication strategies with the project team, clients and vendors. Our approach to scope and risk management was also a big factor in the success of the project. The methods of quality, time and cost management were also quite successful and will be used as a guide to manage future projects.
It includes market sizing of upcoming project pipeline at most granular level and provides forward-looking analysis on top clients, contractors, consultants/ PMcs, other civil contractors / suppliers with their respective working or partnership model. Furthermore, it shows the new and recent trends in the industry and how it may impact the business decisions of the involved
Controversial relationships between the client and implementation partner stop from the fact that the client feels that the implemented ERP solution does not cater to their business needs depending on the documented scope, and the end users cannot perform all these tasks that were implemented within the legacy systems without difficulty
“An Enterprise resource planning (ERP) systems are software systems for business management, supporting areas such as planning, manufacturing, sales, marketing, distribution, accounting, finance, human resource management, project management, inventory management, service and maintenance, transportation, and e-business”.( Haag, Cummings, Phillips, S, M, A (2007). Mangement Information Systems. New Yory, NY: The McGraw-Hill Company Inc..)
Upgrading new technology equipment is a challenge even for a skilled IT team. To implement such a task, management should have a subject matter expert (SME) to oversee this upgrade and implementation. Leon Lassiter, VP of marketing, should have no business in the IT technical transition for MSCC. To solve this problem, Lassiter should consult with an IT professional and have them create and assist in the implementation of the desired change. The second problem that I would like to address is having MSCC creating an IT transformation timetable that would include; new system employees training, test trials for new systems, address legacy system issues, and financial cost planning. It would be imperative that MSCC implements an IT transformation timetable that would address issues that were discussed in the problem section. Mr. Lassister needs to contact UNITRAK and have them involved in the implementation of the new systems, as well as to assist in the training of the employees on the new system. The third problem to address is and is transparent throughout the case study is MSCC lacks a good channel of communication. It seems to me that at times management is not on the same page. Because of this, small problems seem to multiply and create bigger issues. To address this issue, it would be prudent that Mr.
The fundamentals of good decision-making start with first ensuring that there is a clear understanding of the intended objectives and then the establishment of the specific tasks that are required to fulfill the objective. To assist this process methods of program management have been developed including those referred to as Critical Path Analysis. The function of Critical Path Analysis can be applied to just about any type of project or program in both manufacturing and service related enterprises. The Critical Path Methodology consists of the following main elements:
A business Feasibility study can be defined as a controlled process for denitrifying problems and opportunities, determining objectives, describing situations, defining successful outcomes and assessing the range of costs and benefits associated with several alternatives for solving a problem. The business feasibility study is used to support the decision-making process based on a cost benefit analysis of the actual business or project viability. The feasibility study is conducted during the deliberation phase of the business management and developments prior to commencement of a formal business plan. It is an analytical tool that includes recommendations and limitations, which are utilised to assist the decision-makers
Du Prey (2013: 104) as cited by the Project Management Institute broadly referred project scope as “a project boundaries: it determines what work will be completed during the project life cycle. This includes identifying the work that won’t be included in the current round of product/service development.”