Preparing a Business Case / Project Proposal

• Word limit: Maximum 2000 words (excluding the Appendix and Table of Contents). Tolerance: .
• Submission:
  • Submit as a single MS Word Document or PDF file. No attachments will be accepted.
  • Title page
    • Project title
    • Name and student number
  • Table of Contents
  • All statements must have legitimate references.

Background

Charles Darwin University is offering a small business grant for a deserving student's entrepreneurial endeavour. It has been left up to the CDU university representative to oversee the business case submissions and ascertain whether they are indeed viable and worthy of funding.

To receive the funding, the project must meet the following criteria:

• It must benefit a community - either a community or a select segment of the population.
• It must be in Australia.
• It must be a unique endeavor.
• It must be completed within one (1) year.
• It must have a budget of less than $500,000.
• It can generate income (though not necessarily break even in the first year). If it does not generate income, it must provide significant benefit to a community, which must be quantified by a high score using a weighted score model.
• It must relate to your area of study (degree program).

• All statements must have legitimate references.

1. Business Case Proposal

1. Title Page
   1. Project title
   2. Name and student number
2. Table of Contents

1. Executive Summary (one or two paragraphs).

1. Reasons for Doing the Project.

1. List the Business Options.

1. Quantitative Analysis
   1. Use weighted scoring model to quantify the viability of the project (you can use the business options as different projects):
   2. Identify the expected benefits.

1. Project Concept
   1. List and describe the possible assumptions for this project.
   2. List and describe the constraints for this project.

1. Costs
2. Estimateroughly how much it will cost (you can do an Internet search) and briefly explain how you estimated the cost.

1. Major Risks
   1. Identify five (5) risks and quantify their potential likelihood and severity.
   2. Indicate how each of the above-mentioned risks will be managed.

1. Timescale
   1. How long is the estimated time to complete the project?
   2. List and describe the major milestones.

1. Conclusion and References (Harvard or APA style).
   1. Area of Study - It's best to do something that is related to your degree program. It can also be related to your current work or profession. The reasoning behind this is that we want you to focus on Project Management and how it will relate to your area of interest.

Appendix A

CHOOSING YOUR PROJECT

1. Business case does NOT mean a business.

Consider hosting an event. There are thousands of charities out there that undertake some sort of clever fundraising initiatives. Google away.