Discounted benefits costs 1098940 1759259 771605 714449 73503 2072870

Discounted benefits costs 1098940 1759259 771605

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Discounted benefits - costs (1,098,940) 1,759,259 771,605 714,449 (73,503) 2,072,870 Cumulative benefits - costs (1,098,940) 660,319 1,431,924 2,146,373 2,072,870 ROI 145% Payback before end of Year 1 4. Kevin has asked you to meet personally with the four project team members that he decided to pull off the project. Write a one- to two-page paper describing what you would say to these members of your former dream team. Be careful to put yourself in their shoes and make the meetings good learning experiences for everyone involved. SOLUTION: Answers will vary. 66
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Part 5: Closing Scenario Kevin did a great job managing the rest of the Coding Performance Improvement Project. You were very impressed with his ability to pull everyone together to meet project goals. Your final project presentation to top management is next week. You did meet your schedule goal, and the final cost for the whole system was about $400,000. Top management is pleased with the results, even though it cost about 25 percent more than planned. They appreciated Kevin’s and your honesty in redoing the financial estimates, which still made the project look like an excellent investment. Note: All of the closing task solutions will vary. The tasks are provided below for your convenience. Tasks 1. Kevin asked you to help him prepare and present the final project presentation. Prepare a short presentation with ten to fifteen slides that you would give in a fifteen- to twenty-minute presentation to the Six Sigma Steering Committee. 2. Prepare a lessons-learned report for what you personally learned from this project. Use the template provided in Appendix D, and be creative in your response. 3. Prepare a final project report, using information provided in the template for final project documentation in Appendix D. 4. The Six Sigma Steering Committee asked you to prepare more detailed information on how the financial benefits of this Coding Performance Improvement Project and the follow-up implementation project were determined. They also want you to meet with a senior member of the finance department to help them audit the results each year. Write a one- to two-page report describing how the benefits could be calculated and how they could be automated. Assume that all of the projected savings come from a decrease in the number of mainframe computers and supercomputers the company will need to run since the code is more efficient. 5. Update the project Web site to make sure it includes all final project and product deliverables. 67
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RUNNING CASE 3: WEDDING PROJECT This running case does not directly involve an information technology project, although you will need to use several software applications to complete the running case. These scenarios may be easier for you to relate to, and you can easily change parts of it to a similar scenario, such as planning a large reunion or similar event. This running case also involves using many of the templates provided in this text.
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