Critique of the business case- Pod taxi in Bengaluru
Verified
Added on  2023/06/04
|4
|904
|495
AI Summary
This article provides a critique of the business case of Pod taxi in Bengaluru, analyzing its strengths and weaknesses. It includes a review of the project objectives, option analysis, project team members, communication management strategy, timing and project readiness, risk management plan and quality management plan.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Running head:CRITIQUE OF THE BUSINESS CASE Critique of the business case- Pod taxi in Bengaluru Name of the Student: Name of the University:
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
1CRITIQUE OF THE BUSINESS CASE Critique of the business case- Pod taxi in Bengaluru I reviewed the business case of Pod taxi in Bengaluru where the main argument is to reduce congestions due to increase in usage of cars, increase in usage of public transport and reduce the traveling time of the customers. The entire work is explained in business context and entire critical evaluation is done is mixed such as it contains both positive and negative evaluation. After reading the executive summary and reviewing the business case, I found that there is no clear objective of this paper. The author finds some difficulties while trying to address the project issues. There is lack of information on the organizational changes. In the second section, option analysis, all the options are evaluated properly with its proper descriptions and weightage. All the options are properly evaluated based on different criteria. Based on the recommended options, I think that more recommendations would require regarding reduction of traffic congestion and severe clogging in urban city. In my point of view, the product and project scope statements are analyzing the business case accurately. The author has provided the constraints and dependencies properly, but it will be fine if the constraints are to be divided into time, budget and scope constraints so that the reader can understand the each different constraint properly. I can able to understand that the scope of this business case is to establish a rapid mode oftransportationinprovidedtimeframeandallocatedbudget,thereforeaproperscope management plan can help to analyze the purpose of this entire plan. The study is effective when project key performance indicators are evaluated in a table format which helps me to achieve the project goals and map success of the project. In section 4, all the project team members are identified help to recognize set of administrative bodies in hierarchylevelscontributetoprojectsuccess.Afterreviewingtheprojectgovernance framework, it will be fine if a project governance structure is there. These business casespresents
2CRITIQUE OF THE BUSINESS CASE a budget and cost analysis but a cost benefit analysis will be provided, then it will definitely analysis the entire budget properly. In my point of view, communication management strategy is best section in this paper as it helps to gain information and data on project status. A communicationplan keeps trackthe decisionswhich are taken by lowhierarchylevels. Implementation of communication plan provides the stakeholders with the information and communication channels for delivering the information. After reviewing the timing and project readiness section, I concluded that a project schedule is estimated to schedule entire project plan as per project requirements. Risk management plan and quality management plan is properly implemented in the business case so that on time the risks are identified and quality is assured to provide best customer services. The possible questions to be asked are: 1.How will your business case satisfy the need? This question will introduce and describe the entire business case in summary. It includes an aim and objectives to conduct the business plan. The objectives will give details how the case will satisfy the need in market. It will need to develop and implement of strategy on how best to reach the target client. 2.What are communication challenges in the project? It provides possible communication issues and causes which the project manager faces while providing best project outcome. 3.What are the tools and resources used to develop the business case? This question provides an understanding of the project management tools which are used to describe the business case. Online tools will be analyzed to complete daily tasks.
3CRITIQUE OF THE BUSINESS CASE 4.How do you ensure you deliver or exceed the expectations of customers? This question will describe the ultimate goal of project to meet customer’s requirements. It provides a generalized answer of project requirementsand examples and details about the business process. 5.What are three key challenges of the business case and how can those tackle efficiently? This question will describe the key challenges which the project manager faces when analyzing the business case. In order to overcome the challenges, possible solutions are implemented. 6.How much money is required to implement the business case and generating revenue? This question will identifyrequired capital investmentsby determining the business stands today in the market. It gives answer to what are required to move forward. If the business is required of outside funding, then what will be the sources and users of funds requested. 7.What needs to happen to break even? It gives details regarding the financial projections and forecast for determination of volume of sales required to cover project expenses and become profitable. It is included of monthly breakdown for first two years.