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Construction of Solar and Battery Power Plant: A Business Case Study

   

Added on  2022-10-04

23 Pages5202 Words429 Views
Professional DevelopmentMaterials Science and EngineeringPolitical Science
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Business Case
TITLE
Student Name: ######## ########
Student Number: #######
Team/Group: #############
Course: [enter name of course enrolled]
Unit Coordinator/
Lecturer: Grant Axman-Friend (g.axman-friend@qut.edu.au)
Institution: Queensland University of Technology
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Construction of Solar and Battery Power Plant: A Business Case Study_1

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INSTRUCTIONS
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will be marked down.
Prior to submitting remove all redundant headings, table of contents and indexes. Remove all
blank pages or market “This page intentionally left bank”.
Check and amend headers, footers and other sections as required.
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EXECUTIVE SUMMARY
The paper helps in reflecting on the construction of solar and battery power plant. It is found
that the main aim of the project of the project provide greater reliability of energy by
allowing the solar farm to produce electricity during the peak period. The report that is
created helps in reflecting on the budget and cost plan for the entire project and helps in
showcasing the timeline for the project. In addition to this, proper quality management plan,
communication plan as well as benefit realization plan was created for the project that reflects
the project uses all the standards of project quality and uses proper communication strategies
for finishing the power plant construction on time.
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Construction of Solar and Battery Power Plant: A Business Case Study_3

Business Case
CONTENTS
EXECUTIVE SUMMARY........................................................................................................3
1 PROJECT NEED...............................................................................................................6
1.1 PROJECT NEED.........................................................................................................6
1.2 PROJECT OBJECTIVES............................................................................................6
1.3 CRITICAL SUCCESS FACTORS (CSF’S)...............................................................6
1.4 ORGANISATIONAL CHANGE................................................................................6
2 OPTIONS ANALYSIS......................................................................................................7
2.1 OPTIONS CONSIDERED..........................................................................................7
2.2 OPTIONS EVALUATION CRITERIA......................................................................7
2.3 OPTIONS EVALUATION.........................................................................................7
2.4 RECOMMENDED OPTION......................................................................................8
3 PROJECT DEFINITION...................................................................................................8
3.1 SCOPE DESCRIPTION..............................................................................................8
3.2 CONSTRAINTS AND DEPENDENCIES.................................................................9
3.3 SCOPE MANAGEMENT...........................................................................................9
3.4 PROJECT DELIVERABLES...................................................................................10
3.5 PROJECT KPI’S.......................................................................................................10
4 PROJECT APPROACH...................................................................................................11
4.1 PROJECT MANAGEMENT STRATEGY..............................................................11
4.1.1 PROJECT STRUCTURE...................................................................................11
4.1.2 PROJECT GOVERNANCE FRAMEWORK...................................................12
4.1.3 PROJECT REPORTING STRUCTURE...........................................................12
4.2 PROCUREMENT STRATEGY...............................................................................13
4.3 COMMUNICATION AND STAKEHOLDER MANAGEMENT STRATEGY.....13
5 BUDGET, PROGRAM AND RISK................................................................................14
5.1 TIMING / PROJECT READINESS..........................................................................14
5.2 BUDGET/COST ANALYSIS AND FUNDING STRATEGY................................16
5.3 RISK ANALYSIS AND MANAGEMENT STRATEGY........................................16
5.4 PROJECT QUALITY MANAGEMENT STRATEGY............................................17
5.5 PROJECT COMPLETION STRATEGY..................................................................17
5.6 BENEFITS REALISATION PLAN..........................................................................18
6 REFERENCES.................................................................................................................20
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APPENDIX A..........................................................................................................................22
A.1 PROJECT SCHEDULE............................................................................................22
A.2 PROJECT COST PLAN............................................................................................22
A.3 Benefi relaization plan...............................................................................................23
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1 PROJECT NEED
1.1 PROJECT NEED
The paper focuses on the construction of a battery and solar power plant within NSW,
Australia. The project aims to provide greater reliability of energy by allowing the solar farm
to produce electricity during the peak period rather depending on the sunlight hours only.
This project is mainly required for increasing the energy security for the electrical market and
generally also helps in giving additional electricity supply over the entire years. In addition to
this, it is found that this development will help in properly offsetting some of the recent
closures for the various thermal generators within the entire region for bringing a number of
opportunities to those individuals who generally looks for transition from fossil fuels into the
renewable energy sector.
1.2 PROJECT OBJECTIVES
The project objectives include:
To construct a solar and batter power plant in NSW, Australia
To provide proper energy reliability and allowing the solar farm to produce electricity
during peak time rather only during the sunlight hours
To create transition from fossil fuels into the renewable energy sector
1.3 CRITICAL SUCCESS FACTORS (CSF’S)
The CSF’s are elaborated below:
If the entire work gets accomplished on time then the project can be considered to be
successful.
If the budget expenditure is not more than $275 million then one can analyze the
project as successful.
1.4 ORGANISATIONAL CHANGE
The organization that is undertaking the project make some changes within its structure,
operational methods, technologies and strategies in the entire organization so that they can be
capable of undertaking the solar plant construction work successfully. The changes that is
done by the organization is for constructing the largest solar as well as battery power plant
which will be constructed in NSW, Australia.
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Construction of Solar and Battery Power Plant: A Business Case Study_6

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