Company: XYZ Consulting Is a 100-person consulting company that specializes in data management, data governance, and BI. They are a 10 year old company having difficulties understanding how to estimate future revenue and costs. You are assigned as the PM, you have a business analyst and technical resource assigned to your team. The BA is brand new to the company and the technical resource is currently part of 4 project teams. The project has high visibility and importance to the CEO. He wants to do periodic check-ins and wants the project to move as fast as possible. Timeline: 6 months Key Stakeholders: CEO, controller, VP of HR What I want: A forecasting and budget tool that outlines both income and costs for the fiscal year by month. Income Inputs • Existing business by month • New business/sales by Month Cost Inputs • Number of resources, two types: senior and junior • Resource hiring and attrition • Training expense • Meals and entertainment General Requirements • Dashboard • Dynamic – can change an input and everything changes • Tied to company metrics • Allows us to understand who we hire, type, comp level, what can we afford, and impact to budget • What if one month is off • What if/scenario planning • Integrated with time tracking and financial systems • Accounts for historical trends and seasonality Assignment: Write a project charter (using the format provided) using the above information.
Case:
The BA is brand new to the company and the technical resource is currently part of 4 project teams.
The project has high visibility and importance to the CEO.
He wants to do periodic check-ins and wants the project to move as fast as possible.
Conditions:
Timeline: 6 months Key
Stakeholders:
CEO, controller, VP of HR
Objective:
A forecasting and budget tool that outlines both income and costs for the fiscal year by month.
Requirement:
Project Charter |
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Project Name |
C&R [Cost & Revenue Estimates and Forecast] |
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Project Description |
A forecasting and budget tool that outlines both income and costs for the fiscal year by month. |
Date Approved |
13th June 2019 |
Project Manager |
ME [Type the Name] |
Timeline |
6 months |
Project Sponsor |
Company |
Signature |
|
Business Case |
Expected Deliverables |
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The company having difficulties understanding how to estimate future revenue and costs with present data. Herein with the past dataset available the company is in process of creating estimating and forecasting model. |
Cost of Operation
Revenue from Operation
Business trends
Application
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Team Members |
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Name |
Role |
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Name:1 |
Project Manager |
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Name:2 |
Business Analytics |
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Name:3 |
Technical resource |
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Risk and Constraints |
Milestones |
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|
Month |
Work |
|
1 |
Data Collection |
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2 |
Data Cleansing |
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3 |
Analyzing model using data |
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4 |
Application Design & Development |
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5 |
Testing |
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6 |
Reporting |
Company: XYZ Consulting Is a 100-person consulting company that specializes in data management, data governance, and...
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