Project Management Sample Assignment

The Association for Project Management (APM) suggests that the project business case provides justification for undertaking a project by evaluating benefit, cost and alternative options. The main purpose is to obtain approval and commitment for investment in the project (Association for Project Management 2006, p.129 and MGT8022, USQ 2013). According to Project Management Institute (PMBOK, PMI 2013), the business case describes information from a business standpoint to determine whether or not the project is worth of investment. It is used as a decision making tool by senior leadership. Based on the above, US Toys business case (attached as Appendix I) is being examined with a review of process and process control, project management literature and project management framework. According to Turner (2009), performance improvement can come from sources like operational efficiency, organization effectiveness or higher order strategic issues due to changes in technology or overall business strategy. New capabilities will not solve the problems blocking performance improvement directly but rather it is necessary to achieve intermediate benefits before realizing the main benefit. It is evident from the business case that US Toys has purchased a software solution called Demand Chain Management whose full benefit will be show-caused by integrating it with its legacy warehouse management system. During initial planning phases, appropriate team members or groups should be involved so that they contribute and create auxiliary ideas (Young 2006). Key components of business case like project purpose, objectives and success criteria were established, US Toys business case misses on holistic identification of stakeholders and other critical components. Business case is a recommendation to take a particular course of action supported by benefits, costs and risks analysis (Journal reference). Critical elements of a business case applied to the case scenario are summarized in the