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BUS 5003

Project Management Assignment:


Project Proposal

Professor: Moez Mehdi

Group #: 1

Team Members (alphabetical by last name):


1.
2.
3.
4.
5.
6.

Submission Date:
Project Management (BUS 5003)

Project Proposal Form

Evaluating the operational system in Natural resources to enhance Human


Project Name:
welfare.

Project classification: Compliance X Operational Strategic

The project identifies and helps solve various issues in Natural resource
What business problem
management that can improve the quality and effectiveness for the usage of
does the project solve?
resources.

How will this project


address the problem? The project will address major issues regarding the over usage of resources
Include rationale / and about the extinction of non-renewable resources and the significant
justification and the impact on future generations.
purpose of the project.

How does this project The project aims to provide education to the humans about the extinction of
align with the resources and by educating them about the other form of conventional energy
organizational strategy? which is eco- friendly and available in abundance.

What are the major 1. Provide education to people about the impact of over utilization of
objectives of the resources.
project? 2. Make the conventional form of natural resources more affordable and
Please present them as feasible.
SMART objectives – should 3. Promoting the usage of eco-friendly resources to avoid damage to the
include 3-5 environment.

The natural resources will diminish gradually over a period of time and will not
What is the impact of
be available to the future generations and the time for them to recover again
not doing the project?
would be high.

What are four major Risk Probability Impact


risks for this project?
If the cost of implementation increases due to some
Please provide an If /
economic policy.
Then statement for each – MEDIUM HIGH
e.g. If X event occurs Then Then the public might lose the faith in this form of
y is the consequence to the resource consumption.
project.
If issues with general public are not attended
properly. LOW HIGH
Then the entire public faction will be de-motivated.

If the public is not properly aware about the LOW MEDIU


subsequent availability/ usage of renewable M
resources.
Then they might not be ready to use this form of
Project Management (BUS 5003)

Project Proposal Form

resources.

If the changes in consumption pattern of people is


not supported by the government.
Then it might be huge hit since the availability and MEDIUM HIGH
feasibility of eco- friendly form of resources is quite
high and not easily accessible by the general public .

How will we measure


success? 1. Increase in usage of Eco-Friendly products.
2. Awareness among Public.
What will be different at 3. Healthy form of living lifestyle.
the end of the project?

Will the project require


X Yes No
internal resources?

Will the project require


X Yes No
external resources?

What is the estimated


$100,000 CAD
cost of the project?

The project will take 24-26 months


 Q1 major milestone / key activity – Study various models adopted by
How long will the different countries and problems with our model.
project take?  Q2 major milestone / key activity – Find new ways to increase the
awareness among the public and keep motivating them to use the eco-
Include a brief timeline for
friendly form of products.
the entire project
 Q3 major milestone / key activity – Address the issues with the public,
(quarters or months), and
community and increase the usage of eco- friendly form of resources to
sequence the objectives
obtain any form energy or for type of consumption. The government should
listed above (which comes
also promote and support people who use this form of energy although its
first, second, etc.).
expensive and not feasible by everyone.
 Q4 major milestone / key activity – Execution and collect data obtained
from the outcome of the new process, for future reference.

Please answer the following questions in paragraph format to apply the learnings from class to
your project proposal.

1. What evaluation criteria do you recommend for this type of project? Create a weighted
scoring table with at least four financial or non-financial criteria to evaluate this type of
project.
Project Management (BUS 5003)

2. What type of project management structure do you anticipate in the organization?


Provide two examples to demonstrate why you selected that structure and identify three
strategies for how you will leverage the advantages, and/or manage the disadvantages
related to the project management structure you selected (can be bullet points).

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