Faculty of Business and Law Assignment Brief Mode E and R Regulations

This document is for Coventry University students for their own use in completing their assessed work for this module and should not be passed to third parties or posted on any website. Any infringements of this rule should be reported to acreg.fbl@coventry.ac.uk Faculty of Business and Law Assignment Brief Mode E and R Regulations Module Title: Project Management for Business Assignment Number Coursework Module Code: 6012SSL Assignment Title DigInnovate Digital Innovation Project Module Leader: Dr Ambi Ambituuni Assignment Credits 10 Release Date: 21-09-2020 Submission Date/Time: 26-10-2020 at 18:00 UK time Submission Time and Place: Submission through Turnitin ONLY Assessment Information This assignment is designed to assess learning outcomes 2, 3 and 4: 2. Evaluate current issues in project management and its application in the business environment. 3. Critically evaluate and apply different tools and techniques used in project management. 4. Critically assess the impact of hard and soft skills on the management of a variety of different projects. This module is dually accredited with the CMI unit 513 Managing projects to achieve success with the following learning outcomes: 1. Understand the role of projects in delivering organisational strategy 2. Understand processes for initiating, planning and managing projects 3. Understand the factors which contribute to effective project management This assignment is an individual assignment. The word count is 2,000 words total. There will be two parts to this submission Company Profile A large digital innovative conglomerate called DigInnovate limited wishes to examine a number of potential digital projects. Each project is to be ranked according to its feasibility, measured by the ability to adhere to a number of corporate objectives. DigInnovate is a UK company based in Coventry looking to also extend its investment in South Africa and Nigeria. Some of its already existing products include: televisions, mobile phones, video games, and digital audio speakers. The company has been enjoying a steady growth in the sales of these products and last year it generated a revenue of £7 billion with a 17% profit margin. The overriding objective of the company is to be a global leader in the production of modern digital technology from the perspectives of innovation, creativity, connectivity and profitability. There are five proposed digital projects which is to be judged against the strategic corporate objectives of the company and the conglomerate will commission only 1 (one) of these projects. The corporation has three “must have” strategic objectives as listed below. These objectives are determined Assignment Brief Template Page 1 of 7 This document is for Coventry University students for their own use in completing their assessed work for this module and should not be passed to third parties or posted on any website. Any infringements of this rule should be reported to acreg.fbl@coventry.ac.uk by the company executives and in line with shareholder expectations of ethical, responsible and profitable business outcomes and comply with the oranisation’s strategic aims. 1. The selected project must need to meet legal, safety and environmental standard. 2. The selection projects must have the ability to remain compactable with existing product from the perspectives of functionality and connectivity. 3. The selected project should not have an adverse effect on a current or planned operation within the larger community. The third objective is in reference to the conglomerate’s strategic plan to expand in South African and Nigeria, hence the need to maintain a neutral political position. “Want” strategic objectives are assigned relative importance by top management. Mapping of all project will adhere to the already established weighting for their relative importance. Want objective are not critical to the company’s mission and are as follow: 1. The project product will have the potential to be nominated for and win a digital. product of the year in the UK Digital Experience award. 2. Attract and create a strong media attention. 3. Generate additional revenue such through enhanced functionality and connectivity with existing products. 4. Raise public consciousness about environmental issues. 5. General ROI in excess of 18 percent and a one-year time to market. 6. Advance the state of the art in digital innovation. 7. Provide the basis for the developments of a new digital products. Project Proposals Project Proposal 1: Digitally Connection Halogen Bulb A high energy consuming halogen bulb with connectivity portal to mobile phones. The smart bulb will be designed and produced to be compact, much brighter, have better color representation, and feature control apps. The project is expected to deliver a ROI of 35% and will have a 2 (two) year time to market with £300k budget. Project Proposal 2: Smart Autonomous Car A green manufactured and operated autonomous energy efficient electric car with smart radar sensors to perceive their surroundings. The car will be enabled with active safety systems including systems to provide electronic blind-spot assistance, crash avoidance, emergency braking, parking assistance, adaptive cruise control, lane-keep assistance, lane-departure warning. The car will also be equipped with smart connectivity features that will allow connections with other products such as mobile phones, LED Road Flares and other voice enables products. On demand, customer can ask for additional product such as smart watch, phone and tablet which can all be connect to the car. The project is expected to deliver a ROI of 23% and will have oneyear time to market with £1.3m budget. Project proposal 3: History and Social Connect App A history and social connect app with a potential RIO of 27% and a 3-month time to market prospect with £30k budget. The app will include features that will prompt social inclusivity. It will also include features that remind users of the consequences of racism drawing from the Nazi rule, British colonization of Nigeria and the Apartheid in South Africa. Apartheid was a system of institutionalized racial segregation that existed in South Africa. The app will be aimed at provoking discourse for social-political change. Project Proposal 4: DigInnovate Home AI. A virtual assistant AI technology Called DigInnovate AI which will be support by the DigInnovate Echo smart speakers. It is capable of voice interaction, music playback, setting alarms, streaming podcasts and audiobooks, and providing weather, traffic, sports, and other real-time information, such as news. DigInnovate can also control several smart devices using itself as a home automation system. The project is expected to deliver a ROI of 15% and will have a 13-month time to market with £150k budget. Assignment Brief Template Page 2 of 7 This document is for Coventry University students for their own use in completing their assessed work for this module and should not be passed to third parties or posted on any website. Any infringements of this rule should be reported to acreg.fbl@coventry.ac.uk Project Proposal 5: DigInnovate Smart Door Bell. A Smart doorbell that contains a high-definition but energy consuming camera, a motion sensor, and a microphone and speaker for two-way audio communication. It integrates with an associated mobile app, which allows users to view real-time video from the camera, receive notifications when the doorbell is rung, and communicate with visitors at the door via the integrated speaker and microphone. It is also capable of operating as a surveillance camera, and can automatically trigger recordings when rung, or when its motion sensors are activated. The project is expected to deliver a ROI of 19% and will have a 9-month time to market with £73k budget. Your task Part One 1a- Project Selection As a member of the strategic project selection team you are to evaluate each of the submitted proposals, the task is to rank each submission according to the corporate objectives, and to select a project to be commissioned by the company using the project selection tool in Appendix 1. Part 1b- Project Justification and Evaluation of Required PM Skills Using credible and appropriate project management theories and literature, (i) critically justify your selected project showing how this aligns with the strategic organizational objectives of DigInnovate Limited, and (ii) propose both hard and soft project management skills that will be required to deliver this project. Part 2- Project Initiation document (PID) Following your project selection, DigInnovate limited has appointed you to manage the project. Your project management task begins with the development of a PID, drawing on appropriate project management theory and frameworks, to present to the Project Sponsor. In delivering the project, the project sponsor has asked you to develop a prototype product, test run the prototype for both functionality and quality, establish a manufacturing system for the new product, and organized a product launch event. The environmental impact assessment of all the project proposals have been completed and all budgets have been reviewed and provisionally approved. A market research has also been conducted for all proposals. The PID should consider the following aspects of the project: 1. The project scope statement, including a Work Breakdown Structure (WBS) 2. The project schedule including a Gantt chart and project milestones. 3. An initial assessment of stakeholders (minimum 8) by identifying, analysing, planning and providing recommendations on how these stakeholders should be managed to maximize the chance of achieving the project objectives. 4. An initial assessment of risks (minimum 8) presented by the project and the response strategies propose 5. A clear evaluation of the factors which will lead to project success. NOTE You are required to research and apply project management theories and literature in order to successfully complete this assignment. In order to pass, you will need to use a minimum of 15 separate sources, including a minimum of 5 textbooks and/or scientific journal articles. DO NOT copy the research article without providing critical and academically sound analysis. The use of theories and literature must be evidence across both parts 1 and 2. Report recommended structure: (Part 1 -800words, Part 2- 1200 words) Your assignment should be presented as a report, using the following structure: Part 1a- Project Selection In this section you are required to evaluate each project proposal against DigInnovate’s organizational objectives using the project selection tool. Assignment Brief Template Page 3 of 7 This document is for Coventry University students for their own use in completing their assessed work for this module and should not be passed to third parties or posted on any website. Any infringements of this rule should be reported to acreg.fbl@coventry.ac.uk Part 1b- Project Justification and Evaluation of Required PM Skills i. Provide a critical justification of the selected project using appropriate and credible project management theories and literature ii. Provide strong argument (backed with credible literature) on both soft and hard project management skills required to successfully deliver the selected proposed project. Part 2- Project Initiation Document (PID) 1. Introduction 2. Project scope statement (including inclusions, exclusions, assumptions, objectives, deliverables and constraint, and a WBS) 3. Project schedule with a Gantt chart and milestones 4. Project stakeholder assessment 5. Risk management – threats and opportunities assessment 6. A clear evaluation of project success factors Reference list Criteria for Assessment This table details the weightings of the five criteria by which your work will be assessed. Criteria Proportion of overall module mark Part One (1a) Project Selection: Clearly linked the selected project with the “must and want” strategic objectives using the project selected tool provided- 15% (1b)- Project Justification and Evaluation of Required PM Skills: Drawing on a minimum of 5 credible academic sources: i. Provide a critical justification of the selected project using appropriate and credible project management theories and literature- 10% ii. 30% Provide strong argument (backed with credible literature) on both soft and hard project management skills required to successfully deliver the selected proposed project- 5%. Part Two Project Initiation Document (PID): Drawing on appropriate PM tools and techniques supported by relevant and credible literature develop: 1. Scope and WBS – 15% 2. Project schedule – 10% 3. Stakeholder management plan – 10% 4. Risk management plan – 10% 5. A clear evaluation of project success factors – 10% NOTE: You must draw on a minimum of 10 credible academic literature to support the application of project management tools and techniques. Accurate citations and referencing Overall Clarity and credibility of proposal Total 55% 5% 10% 100% Word Count The word count is 2000 words There will be a penalty of a deduction of 10% of the mark (after internal moderation) for work exceeding the word limit by 10% or more. Assignment Brief Template Page 4 of 7 This document is for Coventry University students for their own use in completing their assessed work for this module and should not be passed to third parties or posted on any website. Any infringements of this rule should be reported to acreg.fbl@coventry.ac.uk The word limit includes quotations and citations. Tables, figures, appendices and the final references list are omitted from the overall word count. You must state the number of words used on the front cover of the assignment. How to submit your assessment The assessment must be submitted by 26-10-2020 at 18:00 UK time. No paper copies are required. You can access the submission link through the module web. • Your coursework will be given a zero mark if you do not submit a copy through Turnitin on your Aula space. Please take care to ensure that you have fully submitted your work. • Please ensure that you have submitted your work using the correct file format, unreadable files will receive a mark of zero. The Faculty accepts Microsoft Office and PDF documents, unless otherwise advised by the module leader. • All work submitted after the submission deadline without a valid and approved reason (see below) will be given a mark of zero. • The University wants you to do your best. However we know that sometimes events happen which mean that you can’t submit your coursework by the deadline – these events should be beyond your control and not easy to predict. If this happens, you can apply for an extension to your deadline for up to two weeks, or if you need longer, you can apply for a deferral, which takes you to the next assessment period (for example, to the resit period following the main Assessment Boards). You must apply before the deadline. You will find information about the process and what is or is not considered to be an event beyond your control at https://share.coventry.ac.uk/students/Registry/Pages/Deferrals-and-Extension.aspx • Students MUST keep a copy and/or an electronic file of their assignment. • Checks will be made on your work using anti-plagiarism software and approved plagiarism checking websites. GUIDELINES AND BACKGROUND TO THIS ASSIGNMENT Plagiarism As part of your study you will be involved in carrying out research and using this when writing up your coursework. It is important that you correctly acknowledge someone else’s writing, thoughts or ideas and that you do not attempt to pass this off as your own work. Doing so is known as plagiarism. It is not acceptable to copy from another source without acknowledging that it is someone else’s writing or thinking. This includes using paraphrasing as well as direct quotations. You are expected to correctly cite and reference the works of others. The Centre for Academic Writing provides documents to help you get this right. If you are unsure, please visit www.coventry.ac.uk/caw. You can also check your understanding of academic conduct by completing the Good Academic Practice quiz available. Self-plagiarism or reuse of work previously submitted You must not submit work for assessment that you have already submitted (partially or in full), either for your current course or for another qualification of this and any other university, unless this is specifically provided for in your assignment brief or specific course or module information. Where earlier work by you is citable, ie. it has already been published/submitted, you must reference it clearly. Identical pieces of work submitted concurrently will also be considered to be self-plagiarism. Self-plagiarism is unacceptable because you cannot gain credit for the same work twice. The University VLE includes a plagiarism detection system and assessors are experienced enough to recognise plagiarism when it occurs. Copying another student’s work, using previous work of your own or copying large sections from a book or the internet are examples of plagiarism and carry serious consequences. If you are a business student and joined Coventry University in September 2020 or later please use APA 7th edition referencing, if you joined prior to this date you may use APA or the existing Harvard Reference Style (Coventry version) that you are familiar with. Law students should use OSCOLA. Please be consistent in the referencing Assignment Brief Template Page 5 of 7 This document is for Coventry University students for their own use in completing their assessed work for this module and should not be passed to third parties or posted on any website. Any infringements of this rule should be reported to acreg.fbl@coventry.ac.uk style that you use and use it correctly to avoid a case of plagiarism or cheating being brought. If you are unsure, please contact the Centre for Academic Writing, your Progress Coach or a member of the course team. Return of Marked Work You can expect to have marked work returned to you within 10 working days. If for any reason there is a delay you will be kept informed. Marks and feedback will be provided online, in class and face to face. As always, marks will have been internally moderated only, and will therefore be provisional; your mark will be formally agreed later in the year once the external examiner has completed his / her review. Assignment Brief Template Page 6 of 7 This document is for Coventry University students for their own use in completing their assessed work for this module and should not be passed to third parties or posted on any website. Any infringements of this rule should be reported to acreg.fbl@coventry.ac.uk Appendix 1: Project selection tool. Must Objectives meet legal, safety and environmental standard have the ability to remain compactable with existing product from the perspectives of functionality and connectivity. not have an adverse effect on a current or planned operation within the larger community. Want Objective have the potential to be nominated for and win a digital. product of the year in the UK Digital Experience award. Attract and create a strong media attention Must meet if applicable Yes= Y No= N Not applicable= N/A Yes= Y No= N Not applicable= N/A Project proposals 1 2 3 4 5 WS* WS* WS* Yes= Y No= N Not applicable= N/A Relative importance 1-100 60 Single project impact 10 0=No Potential 1= Low potential 2=High potential 0=No Potential 1= Low potential 2=High potential 0=No Potential 1= Low potential 2=High potential 0<18% 1= 18-22% 2> 22% 0=No Potential 1=Low potential 2=High potential 0=No Potential 1= Low potential 2=High potential Generate additional revenue such through enhanced functionality and conne …
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