Directions:

\f6.0 Preliminary Project Requirements ll] Budget Estimate and Financial Analysis SJ] Schedule Estimate 9.0 Potential Risks 10.0 Exhibits (website development: site layout, etc.) \fEconomic inequality is a huge issue. A recent study found that the world's 80 wealthiest individuals own as much as the entire world's poorest 3.5 billion people. The richest 1 percent ofthe world's population control half of the world's total wealth. '* Many individuals, corporations, charities, and government agencies have projects and programs in place to attempt to tackle this and other important global issues such as sustainability, but there are many opportunities to do more. A grassroots group of college students has decided to work together to do their part in making the world a better place. The students are from many different countries, and several of them met at global conferences, through study abroad experiences, or on various Internet groups. Strategic goals of this group include developing skills for both college students and for needy populations, sharing information on existing products and services that promote economic growth and sustainability, and promoting entrepreneurship. Leaders of this group were reviewing some ideas for projects [all with a significant 1T component) that they could do to support their strategic goals: 1. Global Treps: Many people are familiar with the television show called Shark Tank where entrepreneurs [sometimes called \"treps\") present their business ideas to a group of investors or sharks. Several colleges, high schools, and even elementary schools throughout the world hold unique versions of a shark tank like event. You believe that creating a non-profit organization with one central mobile-friendly website/application to assist groups in organizing these types of events would spark even more entrepreneurs throughout the world. You would plan to hold several shark tank like events during the term ofthe project and create a site and applications to help continue developing more global treps. This site/application would include the following capabilities: 0 Provide guidelines and templates for running a shark tank type of event. 0 Accept donations from potential investors targeted toward specific schools or organizations wishing to host an event [similar to the popular mvwdonorschooseorg site where people can fund teacher's requests]. 0 Accept ideas for needed new products or services. 0 Provide the ability for organizations to create their own custom site to solicit local participants and sharks, accept applications, and promote the winners as well as losers. 0 Research ideas for a mechanism where a certain percentage of all donations and profits earned by contestants are donated back to the Global Treps organization. 0 Provide an online version ofthe events by showing videos of contestants and live reactions ofthe sharks while also getting live inputs and donations from viewers. 2. Change the Laws Campaign: Launch a global campaign to change laws to reduce further income inequality and promote social responsibility. This project would also involve creating a mobile- friendly website/application that would include information about current and proposed laws, allow discussions of potential ideas to change laws, organize people to contact appropriate lawmakers, etc. 3. Wealthy Unite: Develop a system to enable the richest people in the world to provide their input on how they can make the world a better place. Provide information on what several people are currently doing (i.e., Bill Gates, Warren Buffet, famous celebrities, etc.) to promote philanthropy. Allow others to donate to suggested causes and recommend other ways to reduce economic inequality. 4. Global Smart Shoppers: Develop a mobile app and website that recommends products and services produced by organizations that promote social responsibility. Customize the app so it works in any country in the user's desired language. Work with large companies that do not currently sell products or services in certain countries to expand to regions in need. Allow small companies to easily add their products and services to the shopping network. Part 3 Using the "Project Charter Template," construct a project charter to formalize the project, provide management with information related to the project objectives and management, and provide an explanation of how organizational resources will be used to complete the project. 0 Recall the assumption that the project wili take 6 months to complete and have a budget of $130,000. 0 You wiil be the project manager, and Dr. K. will be the project sponsor. Other team members will include Bobby, Ashok. Kim, and Aifreda. - You wiil conduct four sharketankelike events and deveiop the Global Treps site and application. Part 4 a Compiete the \"Scope Statement Template" to formalize the Global Treps Project. The purpose of this assignment is to evaluate and select an IT project and create a charter and work breakdown structure associated with the selected project. For this assignment, read the "Running Case" in Chapter 4 of the textbook. Complete the following tasks associated with the "Running Case." Part 1 1. Using the "Weighted Decision Matrix Template," evaluate the four projects by preparing the weighted scoring model on the template Develop at least four criteria, assign weights to each criterionj assign scores, and then calculate the weighted scores. Print the spreadsheet and bar chart with the results. 2. Prepare a 2507word paper that describes the weighted scoring model and the results Include justification ofthe scores and your recommendation and justification for which project should be selected for completion. Part 2 Based upon the recommendations you made in Part 1 ofthe assignment, senior management has made a preliminary decision to complete the "Global Treps Project.\" However. they have requested additional information about the project in order to finalize the decision to proceed. Complete the "Business Case Template." Assume that the project will take 6 months to complete, use many volunteer hours, and cost about $130,000 for hardware, software travel, and labor. Be sure to research information on the television show and events held by colleges and other groups, which have been sparked by the need for more successful entrepreneurs. Visit the DonorsChoose website [provided in the topic Resources) to see how that site operates and investigate the process for forming a nonprofit organization. When completing the \"Business Case Template." consider the following: I Assume you would be the lT project manager for the project and that you want the project to be implemented. I Reread the "Global Treps" project description. I Study the "Weighted Decision Matrix Template" results for the project. I Assume that the new system must run on existing hardware and software, should require minimal technical support, must be easily accessible by employees, and must be protected from unauthorized users. I For the "Analysis of Options and Recommendation" section, consider other possible options if the project is not implemented. I For the "Potential Risks" section. consider business risk to the company if the project is not implemented. I Be creative in the business case and state any additional assumptions. Part 3 chope Statement Template Directions: Complete each section below to formalize the Global Treps project. Project Title: Date: Prepared by: Project Summary and Justication (one paragraph): Product Characteristics and Requirements (list and describe each using one or two sentences): Pt\" :55\" Product and Project Acceptance Criteria (one paragraph): Summary of Project Dcliverables Project managementrelated deliverables: business case. charter. team contract. scope statement. 1llutlElS. schedule. cost baseline. status reports. nal project presentation. nal project report. lessons learned report. and anyr other documents required to manage the project. Product-related deliverahlcs (research reports. design cloclunents. software code. hardware. etc. List and describe each using one or two sentences): Pt\" :55\"