https://northeastern.blackboard.com/bbcswebdav/pid-16014794-dt-content-rid-27671701_1/xid-27671701_1For this week’s assignment, you will write a Feasibility Study that compares 2 Cases. The objectiv
For this week’s assignment, you will write a Feasibility Study that compares 2 Cases. The objective of this exercise is to apply the principles covered in class and the readings for the week to evaluate the two projects and recommend the better project to approve and fund.
- Start by selecting 2 cases from the folder “Case Studies” in the Week 1 > Assignments folder
- Next, write an overview of each project to introduce the reader to the cases
- Since there is no set form for a Feasibility Study, you will need to construct your own structure. Use the templates and examples in the Zip file attached to this assignment link for ideas on the sections that you paper should include. At a minimum, your Feasibility Study should include:
- High Level Risk Assessment (where do you see the challenges, probability/severity of consequence (simple grid) for each project Scenario). Which project seems more “risky”?
- Cost/Benefit Analysis: High Level – What are you seeing is the possible overall cost of the project and in particular the benefits. Which project seems to have greater overall benefits?
- Substantiate the Feasibility and Your Choice- when leadership is looking to support a project and choose between which 2 projects, they will want to support the project with the “biggest bang for the buck”.
- Justification/Rationale/Reasoning/Assumptions – This is an analysis…build your case and support it!
- You must use at least 2 files from the Zip file attachment. Remember, when you use any source to organize of inform your work, you must include a reference.
- Your paper must be a minimum of 4 pages long, but no more than 8 pages. Use Calibri 12-point font 1.5 space. Format your paper so that it’s easy to read. Divide in sections and use headers where appropriate. Use bullets or numbered lists to make your point. Include charts and financial figures, either in the body of the text or in an appendix.
case 1Industry: General Merchandise/Retail Services Provided: Developed and delivered a customized Project Management Training Curriculum (6 courses) aligned with company processes. Company: A Fortune 100 global retailer operating thousands of facilities worldwide. Challenge: The client’s IT division had an existing project management training curriculum that was not consistent with their processes. Participant feedback indicated that the courses were not well received and did not help them meet their goal of standardizing project management processes and knowledge across the organization. The client sought to replace its current project management curriculum with a series of courses that could be customized to seamlessly incorporate their processes, deliver the right information to the right level of employee, and meet their training metrics requirements. The courses had to both focus on company processes and be compliant with the industry-standard, A Guide to the Project Management Body of Knowledge (PMBOK® Guide) framework. In addition to the new course content, the client needed instructors who could deliver an engaging classroom experience to support the adoption of concepts presented in the classroom. Solution: PM College was called in to customize and deliver a series of courses targeted at different knowledge levels. They began by conducting an initial needs analysis and developing a design document for each course. Working closely with the client during all facets of development, PM College used its existing PMBOK-compliant curriculum and infused the content with client-specific processes and terminology. Courses were developed in successive waves, allowing PM College to meet tight delivery timelines. Pilots provided feedback to fine tune the content and flow of each course for delivery to the full participant base.
Industry: Security, Manufacturing, Human Resources, Research and Development Services Provided: Project Management, Organizational Change Management Company: The client is a global leader in the provision of threat detection and screening technologies for military, transportation, Homeland Security, and resilience applications. Challenge: The company needed to consolidate operations and relocate their U.S. headquarters. This involved closing the existing headquarters, retaining or relocating key employees through the move, relocation of numerous operations including customer services, accounting and finance, and research and development laboratories. The objective was to save operating costs and create improved opportunities for customer service and scientific collaboration. PM Solutions was brought in after the project had been initiated; the company had already announced the closures and moves to employees, customers, and public. Cost and savings expectations had been announced to the company board. Additional challenges included: :: Specific state laws regarding human resources notifications :: HQ was moving to one facility, while many services were moving to another :: No down time in customer services was permitted :: Relocation and removal of Hazardous Materials :: A major SAP change was required to accommodate changes in accounting and operations. Solution: Working with the client, key personnel, and various stakeholders, a collaborative team was established to rapidly assess the issues, challenges, and legal requirements to expedite execution of the move. PM Solutions’ Senior Project Manager worked with a team of a client-provided Project Manager and Project Finance Manager to reduce risk by creating and managing a program of key employee retentions and relocations, as well as managing the critical path of legal notifications and tasks. Progress was accelerated by defining the requirements for all departments and provide all necessary facilities in the new locations