Week 3 Individual Assignment: Project Business Case
My part is PROJECT INITIATION
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Instructions
Purpose
The purpose of the Week 3 Assignment is to identify an organization with a business problem or opportunity and develop a project business case to justify a project that will satisfy the business need. The business case is developed in a way to accurately describe and communicate the rationale to initiate a project.
Background
As leaders in our organization, we are often presented with problems or opportunities that need to be communicated to various individuals and groups throughout the organization. This can be done verbally in meetings or through written documents. A business case is a common document prepared to introduce a problem or opportunity, provide an analysis of the current situation and desired future state, and then provide recommendations and plans for addressing the problem or opportunity. This is usually accomplished through an initiative or project. A business case (referred to as a Strategy Artifact in the PMBOK Guide, 7th ed.) is a value proposition for a proposed project that may include financial and nonfinancial benefits (2021).
Assignment Prompt
Use the knowledge gained in this course to accurately present information related to a business case that will justify a project to solve a business problem or take advantage of a business opportunity. Develop your project business case based on an organization of your choosing, a problem or opportunity that would be logical for this organization, and a project that could satisfy this problem or opportunity. You are encouraged to use one of the projects identified within your group to develop this business case.
Download the Project Business Case provided and save a copy with your last name in the file name. Complete the sections in this template and submit them to the assignment folder no later than Tuesday, 11:59 p.m. eastern time of Week 3. Review the Week 3 Individual Assignment grading rubric to understand how this assignment will be graded.
Due Date
Mar 8, 2023 11:59 PM
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Rubric Name: Week 3 Individual Assignment – Business Case
Criteria
Exemplary
Accomplished
Developing
Criterion Score
BUSINESS NEED OR OPPORTUNITY Clearly describes the business need or opportunity in context to the organization. Identifies stakeholders affected Describes the value to be delivered to the organization.
3 points
Business case includes a thorough introduction to the business need or opportunity related to the organization & clearly describes the value to the organization if the project is initiated. The key stakeholders are identified & described in detail.
2 points
Business case includes an adequate introduction to the business need or opportunity related to the organization & describes the value to the organization if the project is initiated. Most key stakeholders are identified & described in some detail.
1 point
Business case is missing an adequate introduction to the business need or opportunity or the business need or opportunity is not related to the organization. The value of the project to the organization is missing. Few key stakeholders are identified & described.
Score of BUSINESS NEED OR OPPORTUNITY Clearly describes the business need or opportunity in context to the organization. Identifies stakeholders affected Describes the value to be delivered to the organization.,/ 3
SITUATION ANALYSIS Provides a complete analysis of the situation as outlined in PMBoK. Organization strategies, goals, objectives. Root causes/main contributors (opportunity). Capabilities, known risks, critical success factors, decision criteria.
5 points
The case provides a clear and reasonable analysis of the situation and addresses organizational strategies, goals, objectives. Root causes of the problem or main contributors to the opportunity are logical and related to the organization or the environment in which the organization operates. The business case addresses the gap of capabilities needed for the project versus existing capabilities. The business case clearly identifies known risks, critical success factors, decision criteria used to assess various courses of action.
3 points
The case provides a reasonable analysis of the situation and addresses most of the elements that make up the business case – these elements include – organizational strategies, goals, objectives. Root causes of the problem or main contributors to the opportunity are related to the organization or the environment in which the organization operates. The business case addresses the gap of some capabilities needed for the project versus existing capabilities. The business case identifies known risks, critical success factors, decision criteria used to assess various courses of action.
2 points
The essay provides a high-level discussion of the situation but not a detailed or reasonable analysis of the situation. Elements that make up the business case were missing or lacked substance in the discussion. These elements include – organizational strategies, goals, objectives. Root causes of the problem or main contributors to the opportunity should be related to the organization or the environment in which the organization operates. The business case does not thoroughly discuss the gap of some capabilities needed for the project versus existing capabilities. The business case is missing clear/known risks, critical success factors or decision criteria used to assess various courses of action.
Score of SITUATION ANALYSIS Provides a complete analysis of the situation as outlined in PMBoK. Organization strategies, goals, objectives. Root causes/main contributors (opportunity). Capabilities, known risks, critical success factors, decision criteria.,/ 5
Organization and mechanics Thesis, organization, spelling, grammar, and writing mechanics
2 points
Assignment response is organized with no spelling, grammar, writing mechanic error.
1 point
Assignment response is mostly organized with minor spelling, grammar, or writing mechanic errors.
0 points
Assignment response is not organized and it contains numerous spelling, grammar, or writing mechanic errors.
Score of Organization and mechanics Thesis, organization, spelling, grammar, and writing mechanics,/ 2
Total
Score of Week 3 Individual Assignment – Business Case,/ 10
Overall Score
Exemplary
10 points minimum
Accomplished
8 points minimum
Developing
3 points minimum
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