Evaluate the business objectives, Business Management

Assignment Help:

On 15 January 2010, a German bank, Schwarzböse, will complete the acquisition of a UK financial services provider, Klesvask, that offers pensions, insurance and investments. Klesvask has 300 staff in 5 sites and uses 15 different software applications, 8 of which are COTS applications supported by the vendors and the others were developed and are maintained in-house. All the applications share a common customer index with a registry of which systems contain records about the given customer.

Schwarzböse plans to migrate 10 of Klesvask's systems (5 of the in-house and 5 of the COTS) to its standard corporate systems. The other Klesvask systems need to be maintained. The Schwarzböse systems all interoperate using an integration engine, defined XML transactions and a standard data dictionary and reference code tables. Schwarzböse also wants to get its corporate timesheet recording system in use by all the fomer Klesvask staff by June 2010.

The aim is to complete the system migrations within 12 months. Schwarzböse expects to be able to reduce its UK external IT support costs by 30%, decrease overall headcount by 15% and cut the in-house software development team from 15 staff to 4 when the migrations are completed. The financial services market continues to be volatile and the European and UK regulators are expected to seek assurances about the quality controls of the takeover plans. As part of its QMS, Schwarzböse has adapted PRINCE2 as its project management standard and ITIL as its service management standard. 

For both the group and individual work, use the PRINCE2 methodology. Tailor the method as necessary for the scenario presented, noting and explaining any variances. The standard document structures for PRINCE2 Project Initiation Documents and Product Descriptions are given below (from OGC, 2005). Note the stated exclusions.

Group work

1.  Write a project initiation document (PID) using a standard PRINCE2 template. You will need to make some assumptions but must state these clearly and explain your reasoning. Justify any variance from the template, for example omission or addition of any sections.

2.  Write product descriptions for at least three of the main deliverables.

3.  Provide a description of how the tasks were divided among your group, stating clearly who contributed or reviewed which parts of the report.

4.  Critically evaluate the business objectives of the project (listed in the PID) and explain how the products will meet those objectives.

5.  Devise a GANTT chart of the project plan, showing the stages and summary tasks. Select at least three summary tasks and show detail tasks for these. Show resource assignment on the detail tasks.

6.  Reflect on the likely factors that would cause staff resistance to the intended business change and suggest how these factors could be managed. Explain your reasoning and your proposals using a forcefield diagram with a narrative commentary.

7.  Identify and evaluate at least two significant advantages and two potential disadvantages of the PRINCE2 project management methodology when applied to the given case study.

8.  Write a reflective critique of the group work, analysing what was successful and what was unsuccessful and why. Suggest what this teaches about managing project teams.


Related Discussions:- Evaluate the business objectives

Controls on the production systems, Controls on the production systems: ...

Controls on the production systems: 1. No inventory is moved unless authorized to be so by a move card. 2. Each bin contains a fixed exact quantity of inventory no mor

Organization, describe the all points of organization process.

describe the all points of organization process.

Knowledge and awareness of multiculturalism-global office, b) An knowledge ...

b) An knowledge and awareness of multiculturalism may foster improved communication because: Employees can communicate better with one another in order to achieve organisati

International business, VK Ltd a multi-product Company, furnishes you the f...

VK Ltd a multi-product Company, furnishes you the following data relating to the year 2000. First Half of the year Second Half of the year Sales Rs. 4

Weaknesses of eoq formula, Weaknesses of EOQ Formula 1. Erratic Usa...

Weaknesses of EOQ Formula 1. Erratic Usages : The formula we have used assume that the usage of materials is both predictable and evenly distributed. When this is not t

Buffer stock, The demand and supply can never be assessed exactly. Ther...

The demand and supply can never be assessed exactly. There is discrepancy between actual and estimated demand and supply quantities with fair degree of uncertainty. A b

Problem based on decision trees allow, Decision trees permits: The ...

Decision trees permits: The user to gain a wide idea of possible outcomes of the project/decision, i.e. in this case the selection of two locations Easier understandin

Business can effectively discharge its social obligations, QUESTION 1 S...

QUESTION 1 Strategic decisions are the essence of strategic management. According to Pears & Robinson, typically, strategic issues have certain dimensions. Write short notes on

MARKETING PRINCIPLES, THE CONCEPT OF SEGMENTATION IN APPLE'' COMPANY IN ORD...

THE CONCEPT OF SEGMENTATION IN APPLE'' COMPANY IN ORDER PLEASE

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd