KBL Acquisition Project
The activities that occur when initiating a project
I’m working on a Business case study and need support to help me understand better.
Business Case
KBL is eager to move forward with acquisition of their competitor, will enable them to expand operations & triple their workforce. It will take 18 months to complete the project at a cost of $5 million.
1. Comprehensively explained the purpose of the project in a well-written business case
2. Comprehensively explain the pros and cons of the project (benefits) in a well written business case
3. Develop the budget/funding schedule (this is how you project to allocate $5 million buget) in well-written business case
4. Explain the major risks or opportunities of the project
My task is to create a business case in Microsoft Word with necessary steps to complete the acquisition, The business case is essential for providing justification & detail scope of work for the project, It needs creativity with the above items/questions as am running the project
Answer previewThe goal of every organization is to boost its competitive edge and expand its revenues. For a company to achieve this, it needs to expand to invest in new projects. According to Baughn & Finzel (2009), the acquisition is one example of a business project that most companies implement…(800 words)