Identify the role projects play in meeting the goals of an organization.
You have just been hired as a Project Manager for Kingston-Bryce Limited and have been assigned your first project. Kingston-Bryce Limited (KBL) is a custom furniture manufacturer that specializes in hand-crafted dining room tables. The Board of Directors has identified an opportunity to purchase a competitor that also specializes in custom furniture. The acquisition of the competitor will enable KBL to expand operations and triple their workforce and will take 18 months to complete. In order for this acquisition to be successful, you will need to use your project management skills to ensure success.
Your first task is to create a project plan outline for the Board of Directors in Microsoft Word or Excel. You will need to create the timeline in Excel and copy that timeline into the Word Document. The project outline is essential for documenting all of the necessary tasks and milestones necessary to complete the project. The project is expected to take 18 months to complete, and the major milestones are broken up by quarters. You will need to be creative and develop the following items as if you were running the project.
Include the following (you will need to create these items):
– Comprehensively explained the project purpose in a well-written business case.
– Comprehensively explained the project benefits in a well written business case.
– Comprehensively developed the budget/ funding schedule (this is how you project to allocate the $5 million budget) in a well-written business case.
– Comprehensively explained the major risks or opportunities of the project.