Write business case for my project

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Group Assignment

GE Cooking Stove

GE Cooking Stove
Project Objective : To build a new cooking stove for General Electric within 8 months with a budget of $10M, that has all the latest state of the art features of a cooking stove, meets all the federal regulations of the United States and is available to consume both the power sources – gas as well as electricity.
High-level Schedule Estimate:
Prototype: Oct. 1st week, 2013
Design: Nov. 1st week, 2013
Testing: Dec. 3rd week, 2013
Production start: Feb. 1st week, 2014
Product Launch: Mar. 1st week, 2014
High-level Cost Estimate:
$9.7M (R&D – $500K, Testing – $500K, Marketing – $1M, Production – $7.5M, Training & Support – $200K, Management – $20K)
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GE Cooking Stove
Business case:
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GE Cooking Stove
Priorities

Explanation: The launch of the stove by March 2014 is the highest priority to garner larger market share and pre-empt the advantage of NewGen Stove launch by cookers corporation. The scope has been defined in close coordination with market research team, but it can be enhanced and cost can exceed a little, to meet the timelines.
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Scope Time Cost
Constrain
Enhance
Accept

Responsibility Matrix
Deliverables Design Development Production Testing QA Delivery Manufacturing Support

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GE Cooking Stove: Communications Plan
Deliverable Description Delivery Method Frequency Owner Audience
Reports
  Project
status report Regular update on project including status and issues E-mail Weekly Project Manager Project Manager
Project Sponsor
Project Team
Quality audit report Regular update on project quality performance E-mail Weekly Quality Manager Project Manager
Project Sponsor
Project Team
Quality Manager
Presentations Project
Dashboard A concise display of current status of the project and
various metrics Sharepoint Fortnightly Project Manager Project Manager
Project Sponsor
Project Team
Project Announcements
  Task
reminders Task owner schedule
reminders E-mail Daily Project Manager Project Manager
Project Team
Key Milestones List of key milestones Sharepoint Weekly Project Manager Project Manager
Project Team
Reviews and Meetings
  Steering Committee Meeting High Level Review Meeting with key stakeholders Meeting Monthly Project Manager Project Manager
Project Sponsor
Team meeting Meeting to review project
status Meeting Weekly Project Manager Project Manager
Project Sponsor
Project Team
Quality Manager
Team Building Team
Get-together Regularly schedule team
get-together Event Quarterly Project Sponsor Project Manager
Project Sponsor
Project Team

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GE Cooking Stove
Major Deliverables:
Project plan
Design Specifications
Prototype
Test plan
Production ramp up plan
Marketing plan
Delivery Schedule
Handoff to Support
Lessons Learnt & Project Closure

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GE Cooking Stove
Limitations & Exclusions:
Market research will be performed by an external group
After sales support is to be planned and executed by support and maintenance team
Procurement of parts will be handled by Procurement group
Any advancement in the federal regulations and standards will be handled in later releases of the product 
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GE cooking Stove
Deliverables for Project
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Phase Milestone
Initiation Project Charter
Planning Project Plan
Design Design Specifications
Prototype
Execution Marketing Plan
Production ramp-up plan
Delivery Schedule
Testing Test Plan
Closure Hand-off to Support
Lessons Learnt

GE Cooking Stove
High level Cost estimate for Project
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Deliverable Cost Estimate
Project Charter 5K
Project Plan 15K
Design Specifications
Prototype 250K
250K
Marketing Plan
Production
Delivery 1M
7M
500K
Test Plan 500K
Hand-off to Support 200K

GE Cooking Stove
Stakeholders
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Stakeholder Position
Project Sponsor VP – Appliance Products
Project Manager Project Manager
Project Team Design Team, Engineering Team, QA Team, Production Team
Suppliers/Vendors Sears, Home Depot, JC Penny
Consumers/Users Dealers, Consumers
Other Interested Parties Retailers, Suppliers, Competitors

GE Cooking Stove
Success criteria: Launch of the cooking stove in North American and European market by Mar. 2014 with fewer than 5 major defects and with in ±5% of budget allocated.
Approver : VP- Appliance Products
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