This assignment is the Project Business Case for the Group Project that is to be submitted as a Microsoft Word document using the attached template.
It may be helpful for your team to think like consultants.
Remember, for a project to commence, we need an idea, a business case, and its approval to move forward. Such ideas do not necessarily come from a project manager but generally business analysts or, many times, outside parties or marketers. This is where you come in.
For this submission, your group will select one of the assigned ΒREAD MEΒ case studies where you will create a business case and justification based on your analysis with various opportunities or problems to solve. In doing so, you will use the attached business case template that will serve your team throughout the semester.
Please note that only one submission is necessary for the entire group.
business case project management.docx
Case Study is
Technology entrepreneurship: Creating
your own online business
Scenario: Your small IT consultancy has been selected to develop a business case that enables a contemporary website presence for this entrepreneurial firm. We understand that this fictitious entrepreneurial business of 100 employees with revenues of $5 million per year and a worldwide company has struggled to create an innovative and contemporary web-based presence. Many of its competitors have already surpassed it in terms of revenue through this innovation. The organization seeks a solution that enables information technology solutions and employee training to address their shortcomings and this scenario. Your budget cannot exceed $1 million, and the engagement must be completed within one year from the project approval.
Your first step is to use the attached template to justify this project with a business case. For further examples, you can review details derived from this Business Case Template at www.ProjectManagementDocs.com