project is a temporary endeavour

A project is a temporary endeavour undertaken to provide an expected and beneficial outcome. A project life cycle is the series of phases that a project passes through from its initiation to its closure. Project goals should align with organisational goals such as improved operations or increased revenues, reducing costs or improving efficiencies. Before resources can be committed to a project, the reason for its proposal and the benefits it is expected to deliver need to be understood by people in positions empowered to make decisions about the expenditure of an organisation’s resources. The selection of organisational projects is typically performed through a method of classification and review of the project’s business case. That method of course should be applied consistently to all project proposals.

Instructions:

For this assessment, you are required to demonstrate your knowledge on different methods used in the project selection and the project initiation process. Throughout the assessment, you will consider the Project Management Body of Knowledge (PMBOK) guide and focus, more specifically, on the initiation documents.

Assessment 2:

Project Selection Methods and Initiation Documents (35%)

In essay writing, use the given/approved project throughout this assessment.

As you have discovered in your learning resources, this assessment requires you to:

• Carefully Identify and justify suitable project selection methods to the given project
• Critically discuss the processes to conduct the above project selection methods.
• Consider the Project Management Body of Knowledge (PMBOK) and appropriately

describe the initiation process group and project documents that are created or used as inputs for a new project.

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