Choose a project that could include enhancing a product, service, process, policy, problem or opportunity for change in your workplace.

The aim of this Project is for you to assess an existing project in the organization of one of your group members to analyze how the project is being executed with that aim of adding value to the business unit/division.

The following guidelines will assist you when selecting a topic for your project:

You should have a thorough understanding of the area concerned, especially its limitations and the impact of those limitations.

You need to be able to see how change is/was implemented or understand how change should have been implemented within the area concerned.

The suggested solution should result in tangible/measurable and meaningful benefits to the area, with a focus on one or more of the following:

1. Increased Profits. 2. Cost reduction. 3. Develop sustainable competitive advantage. 4. Improved efficiency. 5. Increased productivity. 6. Improved working conditions Deliverable.

Each Group will prepare a 12-15-page written report (excluding appendix) using the following structure:

1. Executive summary of the report

2. Overview and discussion of the selection of the topic

3. A description of the chosen area of improvement in its original state.

As far as possible, the description should be supported by quantifiable measures or assessments and should include its contextualization within the greater business unit.

That is, how the change in this area will impact the Business Unit performance.

Highlight the identified areas for improvement in the original state.

Describe what is working well, and what could be improved.

What are the associated risks in the original state?

This should contain financial and/or non-financial elements, giving an estimation of the costs (where possible) associated with the way things are working now.

4. For your chosen project, identify and assess the associated risks and how they should be managed.

How will benefits be measured? Critical KPIs (indicators of successful change) must be included.

Provide a high-level project plan to implement the changes (key actions and timeframes).

5. Analyze suggested alternatives for the effective execution of your chosen project and map out an action plan on how the selected option should be executed.

This should include the evaluation of options; alternatives considered and best value decision.

(Use Prince 2 Methodology, PMBOK or any company specific approach as a guideline in explaining the relevant action plan to put in place).

6. Discuss what change management initiatives you propose to ensure the successful implementation of the action plan.

Identify the key stakeholders and explain how each stakeholder group should be managed.

NOTE: My suggested approach to you for this assignment is to assess how the existing project is being executed and discuss whats working and whats not. with regards to whats not working what are your suggestions to achieve success.