Business Case: Identify A Project That Is Of Interest To You

Business Caseidentify A Project That Is Of Interest To You The Best S

Identify a project that is of interest to you. The best source would be through a general internet search and/or local media sources. This can be one of the projects identified in Problem Set #1, if it fits the criteria below. When selecting a project of interest to you, avoid picking one that is either too big or too small. For example, do not decide to build a new stadium for your local sports team (too big) or to plant your summer garden (too small).

Select a project that you can relate to and have some experience with or that may be ongoing or recently completed in your hometown. Projects must be within the budget range of $500,000 to $5,000,000. Project time frame must be between 6 months and 3 years. To ensure you are on the right track, you can ask your instructor's advice in selecting an appropriate project. You will be using this project throughout the course to complete future Problem Sets.

Part 1: Provide a brief overview of the selected project. This will include an explanation of how the project specifically fits the four (4) elements of the Kloppenborg definition. The specific definition to utilize is as follows: “A project is a 1) new, 2) time-bound effort that has a definite beginning and a definite ending with 3) several related and/or interdependent tasks to 4) create a unique product or service” (Kloppenborg 2019, p. 4). This essay should be five (5) paragraphs long with the first paragraph providing the project overview and then one paragraph each explaining specifically how your selection fits each of the four (4) identified elements of a project.

Do not just state that it does fit these four (4) elements you must thoroughly demonstrate that it does. Use examples from the project. This essay should be single-spaced and each paragraph indented. Do not number the paragraphs.

Part 2: Upon completion of the essay, you will draft a descriptive title for your project. The Project Title should be a descriptive statement of your project. This is not like a book title which is usually short and very simple. For example, in 1985 the I-71/I-75 Brent Spence Bridge, which spans the Ohio River between Cincinnati and Northern Kentucky, had the emergency lanes removed to add traffic lanes due to an increase in traffic over this bridge (third busiest bridge in the US). So, to ensure a descriptive project title, a simple title like “Brent Spence Bridge Project” would not be sufficient. This provides no information on the project scope.

A more descriptive title would be “I-71/I-75 Brent Spence Bridge project to expand northbound and southbound traffic lanes from three lanes to four lanes (1985)”.

After creating a descriptive title for your project, you will draft a Business Case for your project. Using exactly one hundred (100) words you will provide a brief overview of the project including important scope information. The Business Case is the “bridge” between the high-level and very general Background and the more specific Project Scope Statement. It will include both why the project is needed and what, specifically, is going to be completed during the project.

This should incorporate what work (or Deliverables/sub-projects) are going to be done during the project and does not mean what objectives the project hopes to achieve. For example, a bridge renovation project would need to state “solidify bridge pier structure” (a deliverable/sub-project) and not “increase vehicle traffic” (an objective). Also, it needs to provide some scope elements to allow the reader to “picture” the project in their head. This includes items such as budget, size, time frame, and other specific and measurable elements of the project. Assignment should be single-spaced.

Do not change formatting of this template. How does the selected project fit the four (4) elements of a project provided in the instructions? (400+ word, five paragraph essay): Project Title: Business Case ( exactly 100 words):

Sample Paper For Above instruction

Title: Expansion of the Riverside Community Sports Complex to Incorporate New Facilities and Renovate Existing Structures

The Riverside Community Sports Complex project aims to upgrade and expand our local sports facilities to better serve the growing population of Riverside. With a total budget of $2.5 million and a projected completion timeline of 18 months, this project includes constructing a new multi-purpose indoor sports arena, renovating the existing outdoor soccer fields, and installing modern lighting and seating amenities. The project addresses community needs for increased recreational spaces and aims to promote health and social engagement among residents. The scope focuses on tangible deliverables, emphasizing physical structures, amenities, and infrastructure improvements, all within the specified budget and timeline.

The project fits the four elements of Kloppenborg’s definition as follows: It is a new effort because it involves the creation of entirely new sports facilities and renovation of existing structures, which were previously not up to modern standards. It is time-bound, with a clear schedule from start to finish—expected to commence in January and complete by June of the following year. Several interdependent tasks are involved, such as site preparation, construction, electrical installations, and equipment setup, all of which must coordinate to avoid delays. Lastly, it aims to create a unique product—a modernized, accessible sports complex tailored to Riverside’s community needs, providing a distinctive recreational hub that did not exist before completion.

First, this project is a new effort because it introduces facilities that were previously unavailable—specifically, the indoor sports arena and upgraded outdoor fields—making it a novel addition to Riverside’s infrastructure. Second, it is clearly time-bound; the project has defined start and end dates, creating a sense of urgency and focus to meet community demands within the allotted 18 months. Third, multiple interdependent tasks such as planning, design, procurement, and construction are involved, requiring careful coordination and sequencing to ensure each phase is completed on time and within scope. Finally, the project produces a distinct product—a state-of-the-art recreational complex unique to Riverside, aimed at serving various community needs and encouraging active lifestyles.

In conclusion, this project exemplifies the characteristics of a true project as defined by Kloppenborg. It introduces new facilities, operates within a set timeframe, involves interconnected tasks, and results in a unique, tangible product. This classification ensures the project management approach can effectively organize, plan, and execute the expansion, ultimately delivering a valuable community resource that aligns with the community’s recreational goals and development plans.

References

• Kloppenborg, T. (2019). Contemporary Project Management. Cengage Learning.
• Meredith, J. R., & Mantel, S. J. (2017). Project Management: A Managerial Approach. Wiley.
• PMBOK® Guide (6th Edition). (2017). Project Management Institute.
• Heagney, J. (2016). Fundamentals of Project Management. AMACOM.
• Kerzner, H. (2017). Project Management: A Systems Approach to Planning, Scheduling, and Controlling. Wiley.
• Schwalbe, K. (2018). Information Technology Project Management. Cengage.
• Williams, T. (2019). Modelling Complex Projects. John Wiley & Sons.
• White, D., & Fortune, J. (2016). Current Practice and Future Trends in Project Management. International Journal of Managing Projects in Business.
• Turner, J. R. (2018). Gower Handbook of Project Management. Gower Publishing.
• Larson, E. W., & Gray, C. F. (2017). Project Management: The Managerial Process. McGraw-Hill Education.