PM FPX 4020 Assessment 1 Project Selection and Business Case PM-FPX4020 Integration and Scope Management
Prof. Name:
Date
Business Case Introduction
LGFG is dedicated to providing essential hygiene products along with quality clothing to disadvantaged youth. The project’s goal is to collaborate with Job and Family Services to identify underprivileged youth and ensure they receive new clothing and basic hygiene items, including deodorant, body wash, cologne/perfume, and shoes. This will be achieved by reaching out to local businesses for donations and establishing a recreational facility that offers shower facilities and activities. LGFG has allocated a budget of $35,000 for this initiative, with a target completion date of January 1, 2022.
Self-confidence significantly impacts success. In Knox County, 15.6% of the population lives in poverty, with 22.1% of those being children (Barbuto & Towle, 2018). While there are systems in place for food assistance, clothing and hygiene support for these children is often inadequate. LGFG believes that every child deserves the chance to look and feel good, as this confidence can lead to greater success. This project aims to fulfill that need.
Business Objectives
Upon completion, the project will enable underprivileged youth in Knox County to maintain cleanliness and present themselves well, contributing to their overall success. This success can help break the cycle of poverty they face and lead to them becoming successful, contributing citizens. Ultimately, this will reduce the long-term costs of public assistance in the county. To identify solutions, I will employ team brainstorming. Given the rising poverty rates in Knox County, focusing on the youth is essential for reducing these statistics in the future. The project requirements include:
- Identifying a location for the facility
- Securing committed donors for contributions
- Obtaining a list of children from the county
- Achieving the appropriate tax status for a non-profit organization
To keep the project on track, the following high-level chart outlines the budget and schedule.
| Project Task | Estimated Schedule | Estimated Cost |
|---|---|---|
| Tax Status | 6/1/2021 | $600 |
| Building Location | 6/15/2021 | $5,000 |
| List of Children | 10/1/2021 | $0 |
| Committed Donors | 11/1/2021 | $5,000 (catered meeting) |
Every project faces risks. The following risks have been identified for this initiative:
- Difficulty in finding a suitable location for the building
- Challenges in securing committed donors
- Delays in obtaining tax-exempt status
The contingency plan for the location is to temporarily operate out of my garage until a permanent site is secured. Regarding committed donors, I can utilize some of my personal funds to begin purchasing necessary items.
Assumptions include receiving a list of children in need and ongoing updates from the county regarding that list. The tax-exempt status is expected to be granted based on the project’s intent. Constraints will involve securing enough donors to meet the identified needs.
References
Barbuto, C., & Towle, K. (2018). An assessment of the poverty rate in Knox County, Ohio, and the systemic barriers faced by low-income individuals and families. In The State of Poverty in Knox County. N.p.: Knox County Health Department. Retrieved from https://www.knoxhealth.com/images/The_State_of_Poverty_in_Knox_County.pdf
PM FPX 4020 Assessment 1 Project Selection and Business Case