Question: Project Details: Project Name: Digital Transformation Project Start Date: 5 June 2023 Duration: Three months Budget: $60,000 Scope: Implement website and digital tools for online
Project Details:
Project Name: Digital Transformation Project Start Date: 5 June 2023 Duration: Three months Budget: $60,000 Scope: Implement website and digital tools for online training delivery and workshop facilitation
OTHER INFORMATION-
Discount factor- 5%
solution lifespan- 8 years
yearly project net cash flow- $10000 to @30000
- based on above information, Develop a business case for this project in a Microsoft Word document . The business case should include a cost and benefit analysis using the Net Present Value (NPV) model over the next 8 years. Use 5% as the discounting factor. Apart from financial criteria, are there any other non-financial criteria to consider?Please note that it is required to make reasonable assumptions about this project to develop a business case for it; for example, the initial investment of this project, the operating cost of the system, the cost the organisation would be able to save, etc.
- as the project manager for this project and your first task is to develop a project charter. The project charter (in a Microsoft Word document) must contain, as a minimum, the following:
- Project purpose and justification
- Project objectives and product characteristics
- High-level requirements
- Project assumptions, constraints, high-level descriptions and boundaries
- Project success criteria
- High-level risks
- Summary schedule and key milestones
- Summary budget
- Stakeholder list and the type of each stakeholder
- Project approval requirements and approval authority
- Project manager assigned to project
- Signatory block
to identify key stakeholders in this project and compile a stakeholder register (in a Microsoft Excel document). The register must contain the following columns:
- ID
- Name
- Organisation
- Contact details
- Internal/External
- Unaware/Resistor/Neutral/Supportive/Leading
- Role in the project
- Interest level (1-5)
- Impact level (1-5)
3. Develop a Work Breakdown Structure (WBS) and the associated WBS dictionary. The WBS must have at least three layers. The WBS dictionary needs to contain the following information for each of the node in the WBS.
WBS element ID WBS element name Work description
The Microsoft Word document should contain a graphical representation of WBS and the WBS dictionary entries for each element in the WBS
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