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Using the format provided in the image attached, Kindly create a Business Case & Project Charter, for HUSKY AIR ASSIGNMENTPILOT ANGELS. (kindly use the sample

Using the format provided in the image attached, Kindly create a Business Case & Project Charter, for HUSKY AIR ASSIGNMENTPILOT ANGELS. (kindly use the sample of the business case and project charter provided in the image attached)

Please refer to the image attached. Additionally, Refer to Pages 78 and 112 of the Textbook by Jack T. Marchewka; INFORMATION TECHNOLOGY PROJECT MANAGEMENT. kindly work on it as it is due for submission today. Thanks in anticipation

image text in transcribed

Business Case for Recreation and Wellness Project 1..0 Business Objective MYH, Inc. provides a variety of health care services to people across the globe. Unfortunately, we have been neglecting the health of our own employees. We pay 20 percent more than the average for employee health care premiums, which is unacceptable. By improving employee health, we can negotiate lower premiums and improve productivity. 3.0 Current Situation and Problem/Opportunity Statement The company currently does not have a coordinated program to promote employee wellness. It was not until the CFO reviewed our increasing costs for employee health care benefits that we discovered that our own employees were less healthy than average. By developing a comprehensive program to promote wellness, track employee involvement and progress, and provide incentives for improved health, MYH, Inc. can negotiate lower premiums and have a more productive workforce. 4.0 Critical Assumption and Constraints The proposed solution is to organize current services and provide easy access to new services via a Recreation and Wellness Intranet Project. The new system must run on existing hardware and software, and it should require minimal technical support. It must be easily accessible by employees yet secure from unauthorized users. 5.0 Analysis of Options and Recommendation There are three options for addressing this opportunity: 1. Do nothing. We can continue to operate without this new project. 2. Require employees to pay even higher rates for insurance themselves. 3. Design and implement the new intranet capabilities in-house using mostly existing hardware and software. 4. Outsource the work involved in providing a system to track and manage employee progress toward improving health. Based on discussions with stakeholders, we believe that option 3 is the best option. 6.0 Preliminary Project Requirements The main features of Recreation and Wellness Intranet site include the following: - Allow employees to register for company-sponsored recreational programs, such as soccer, softball, bowling, jogging, walking, and other sports. - Allow employees to register for company-sponsored classes and programs to help them manage their weight, reduce stress, stop smoking, and manage other health-related issues. - Track data on employee involvement in these recreational and health-management programs. - Offer incentives for people to join the programs and do well in them (i.e., incentives for achieving weight goals, winning sports team competitions, etc.). 7.0 Budget Estimate and Financial Analysis A preliminary estimate of costs for the entire project is $200,000, based primarily on the costs for internal staff to develop the new system. After the project is completed, maintenance costs of $50,000 are included for each year, primarily to update the information and provide necessary changes. Projected benefits are based on reducing the insurance cost per employee by $30 each year for four years. Total projected benefits, therefore, are about $600,000 per year for four years. Exhibit A summarizes the projected costs and benefits and shows the estimated net present value (NPV), return on investment (ROI), and year in which payback occurs. It also lists assumptions made in performing this preliminary financial analysis. All of the financial estimates are very encouraging. The estimated payback is within one year. The NPV is over $1.6 million, and the discounted ROI based on a four-year system life is excellent at 444 percent. 8.0 Schedule Estimate The sponsor would like to see the project completed within six months, but there is some flexibility in the schedule. We also assume that the new system will have a useful life of at least four years. 9.0 Potential Risks There are several risks involved with this project. The foremost risk is a lack of interest in the new system by employees as well as the risk that we may not be able to negotiate lower insurance premiums. We also need to provide useful programs and incentives to realize improved employee health. The main business risk is investing the time and money into this project and not being able to recoup the costs

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