Tie case study to class lectures (5 points)

Review strategic plan and business plan – allocate budget for year (ACCOMPLISHED)
Review projects for:
- Operational feasibility - system will be used effectively
- Technical feasibility – technical resources required
- Economic feasibility – TCO – total cost of ownership, benefits (tangible / intangible)
- Schedule feasibility – implement in acceptable timeframe

THEY DID NOT DO ALL OF THESE ITEMS

Identify project
Review project (review committees)
- Benefits
- Business case (NEED A BETTER BUSINESS CASE FOR PROJECTS - MISSING)
- Evaluate request and set priority

Setting priorities
- Reduce cost?
- Increase revenue?
- Result in more information / better results?

Business case – internal audience, financial analysis with rationale. Quantitive.
Benefits of a Business Case
-Standardization for consistent view of initiatives
-Identify risks
-Justify / gain buy in
-Planning / prioritization

Business case components
Project description - INCLUDED
Cost analysis - NEEDED
Benefit analysis - NEEDED
Cost benefit summary - NEEDED
Alignment to business plan - ATTEMPTED
Stakeholder requirements
Implementation alternatives - NEEDED
Project impact assessment - NEEDED
Risk analysis - NEEDED
Detailed recommendation
Executive summary
Cash flow analysis


No silos - IMPROVEMENT OVER EXISTING PROCESS
Communication between PMs - IMPROVEMENT OVER EXISTING PROCESS
Hidden agendas - PROBLEM WITH EXISTING PROCESS DURING PRIORITIZATOIN
Standard format for status and escalation - SOMEWHAT IMPLEMENTED, BUT NEED BIZ CASE