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Overview For the final project in the course (in five weeks), you will analyze the case study Value-Driven Project and Portfolio Management in the

June 10, 2024

Overview

For the final project in the course (in five weeks), you will analyze the case study Value-Driven Project and Portfolio Management in the Pharmaceutical Industry and additional course resources to create a program performance report for a hypothetical organization. The completion of this assessment will allow you to demonstrate your knowledge of program-level management and your ability to develop key executive reporting following standard frameworks.

There are two parts to this milestone. In the first part, you will create a project scope statement. In the second part, you will set up your project using MS Project software and create a work breakdown structure (WBS).

Prompt I

Thus far in the course, you have completed a case study overview and a project charter. In this milestone, you will develop a project scope statement using the template provided. A data set for this case study has also been provided for your benefit.

Your project scope statement should include the following critical elements:

1. Introduction: A concise overview of the project.
2. Purpose and Justification: How does the project support business goals and objectives?
3. Scope Description: All known characteristics of the project’s product or service.
4. High-Level Requirements: All known requirements of the project’s product or service.
5. Boundaries: What should and should not be included in the project?
6. Strategy: Strategy to be used by the project team to manage the project.
7. Acceptance Criteria: Criteria that must be met for the project to be considered “complete.”
8. Constraints: Limitations due to time, budget, technology, or other resources.
9. Assumptions: Assumptions under which all stakeholders are making decisions.
10. Cost Estimate: Estimate of funding needed to successfully complete the project.
11. Cost/Benefit Analysis: Analysis of organizational costs versus organizational benefits.

Prompt II

Once you completed your scope statement, you will set up your project using MS Project software. As you do this, you will be creating a WBS. In your WBS, you will identify what tasks need to be developed and the relationship among the tasks. This WBS will be used in planning your project. There is no need to go any further than a Level 3 in creating your WBS.

As part of the MS Project assignment, include project milestones and create relationships with all tasks with a start-to-finish dependency; create a project start time and document any assumptions you make in the task note field. If you choose to use it, a MS Project file has been created for your benefit. You can start with this and modify it as necessary, or you can create your own project using the software.

As needed, use the Infobase tutorials provided in the module resources to help you set up your project using MS Project software.

Your MS Project file should be a WBS that includes the following critical elements:

Project milestones
Relationship of tasks to one another
Notes in the task note field as necessary

Save your file with a unique file name for submission.

What to Submit

Your project scope statement must be submitted using the provided project scope statement template. All citations should be in APA format. In addition, you will submit an MS Project file (.mpp) saved with a unique name.

Management

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