Kingston-Bryce Business Case
Scenario
As a Project Manager for Kingston-Bryce Limited you have been assigned to create a business case. The Board of Directors for Kingston-Bryce Limited (KBL) is eager to move forward with the acquisition of their competitor. The acquisition of the competitor will enable KBL to expand operations and triple their workforce and will take 18 months to complete with a projected cost of $5 million. In order for this acquisition to be successful, you will need to use your project management skills to ensure success.
Instructions
Your task is to create a business case in Microsoft Word to justify the steps necessary to complete the acquisition. The business case is essential for providing justification and details of the scope of work for the project. You will need to be creative and develop the following items as if you were running the project.
Include the following (you will need to create these items):
The purpose of the project
The pros and cons of the project (benefits)
Budget/Funding schedule (this is how you project to allocate the $5 million budget)
Major risks or opportunities of the project
Sample Answer
Business Case: Acquisition of Competitor by Kingston-Bryce Limited (KBL)
1. Project Purpose
The purpose of this project is to acquire [Competitor Name], a direct competitor of Kingston-Bryce Limited (KBL). This acquisition will enable KBL to:
- Expand Operations: Gain access to [Competitor Name]’s existing market share, customer base, and product lines, leading to significant growth.
- Triple Workforce: Increase KBL’s workforce by integrating [Competitor Name]’s employees, fostering a larger talent pool with diverse skillsets.