Statement of Work for a business case

Number of Words : 1381

Number of References : 4

Assignment Key : P-19649

Contents

  • Content for this assignmentIntroduction and Background 1
  • Content for this assignmentProject Summary 1
  • Content for this assignmentService Description 2
  • Content for this assignmentService Deliverables 3
  • Content for this assignmentPeriod of Performance 4
  • Content for this assignmentPayment Schedule 4
  • Content for this assignmentSubcontractors 5
  • Content for this assignmentRepresentatives 5
  • Content for this assignmentRisks and Assumptions 5
  • Content for this assignmentStakeholders 6
  • Content for this assignmentAcceptance Criteria 7
  • Content for this assignmentReferences 8

Description

This report is based on the following requirement -
Context:
A project is a temporary endeavour undertaken to provide an expected and beneficial outcome. A project life cycle is the series of phases that a project passes through from its initiation to its closure. Project goals should align with organisational goals such as improved operations or increased revenues, reducing costs or improving efficiencies.
Before resources can be committed to a project, the reason for its proposal and the benefits it is expected to deliver need to be understood by people in positions empowered to make decisions about the expenditure of an organisation's resources. Such information should be provided in a Business Case, itself requiring resources for its creation.
The selection of organisational projects is typically performed through a method of classification and review of the project’s business case. That method of course should be applied consistently to all project proposals.
A project Statement of Work (SoW) provides a description of outcomes expected to be delivered by a project, be it internal eg. a business case, or external eg. a contract.
Instructions:
For this assessment, you examine project management from a project initiation and selection perspective and describe different methods of selecting projects. You also consider the Project Management Body of Knowledge (PMBOK) guide’s life cycle stages and processes. More specifically, you explore project selection and statements of work.
This assessment has two parts.
Part A – Statement of Work (80%)
To begin, select a project management environment or case study that you can reference throughout this assessment.
To do this, identify an organisation and a project with which you are familiar. This may be a project you have worked on for a current or previous employer, a project you have been a part of as a volunteer, or even a project and environment you have observed closely. The project should be simple in scope and short in duration.
As you have discovered in your learning resources, a Statement of Work (SOW) is often used to capture the basic description of a project. Using the template provided, create a SOW for the development of a business case for your chosen project.
Describe how this is different to the SOW for the project itself and where within the PMBOK the SOW and Business Cases are used for project initiation.
Part B – Project Selection (20%)
Describe methods of project selection within organisations and impacts of not having a Business Case for a project.
Your assessment should contain 1000–1200 words.

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