Bus 517-week-7-assignment-2-project-initiation-and-planning-new
1. BUS 517 Week 7 Assignment 2 Project
Initiation and Planning NEW
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BUS 517 Week 7 Assignment 2 Project
Initiation and Planning NEW
Assignment 2: Project Initiation and Planning
Due Week 7 and worth 250 points
Assignment Overview - In assignment 1 you
have defined the objectives of the project in
terms of a problem which it solves or an
opportunity which it capitalizes on. You have
also created a scope statement (or Statement
of Work) which outlines the basic components
of the project. It is now the time to discuss the
2. process of creating a Charter, have it approved
by the sponsor/client, and with charter in
hand start the planning process. First a Work
Breakdown Structure (WBS) is created
followed by a project plan/network.
Write an 8-10 page paper in which you will:
1. Discuss the value of a project charter and,
based on your research, include an outline of
the components which you deem necessary
for your project. Note: You do not need to
write a charter.
2. Specify the stakeholders for the project, and
analyze the position of each for the project, in
terms of their influence, as well as their
attitude towards the project (i.e., positive,
neutral, or negative).
3. Create a WBS for your project using a
proper format (MS Word, MS Excel, Visio, or
any other applicable format) to depict WBS
graphically (see the example in p. 110).
Alternatively, you may use a coded format
using MS Word (see example in p. 115. The
example is in MS Project format but the same
could be done in MS Word).
3. 4. Create a project plan/network using a
proper format (MS Word, MS Excel, or any
other applicable format) to depict the project
network (example in p. 173). Be sure that all
typical components on a project network are
included, and critical path is properly
depicted.
5. Document the main assumptions &
exclusions (taken from scope statement),
dependencies, risks, and any other major
issues of the project. Select the top three (3)
important risks of the project, and suggest
approaches to address those risks. Hint:
mitigation, avoidance, acceptance or transfer.
6. Use at least three (3) quality resources
in this assignment.Note: Wikipedia and
similar Websites do not qualify as quality
resources.
7. Format your assignment according to
the
following formatting requirements:
8. Typed, double spaced, using Arial font
(size
12), with one-inch margins on all sides.
9. Include a cover page containing the
title of the assignment, the student's name,
the
professor's name, the course title, and the
4. date. The cover page is not included in the
required page length.
Include a reference page. Citations and
references must follow APA format. The
reference page is not included in the required
page length