Assessment submission component – Assessment Criteria
Based on the business case you developed in Assessment 1, you now need to complete the following Program Update on the basis of your program halfway through it’s original timeline. The following events have occurred:
– Two of your key project leaders are leaving at the end of the month
– Funding for the project has been reduced by 20% due to the downturn in income
– The Government is implementing new environmental laws which will require some redesign of your product to meet the new requirements
– A new competitor has entered the market is 20% cheaper than your price
A1 – Program Execution Progress – Risks
(based on the 4 changes listed above, explain what changes now need to be made to the program execution and how you will monitor these internal and external factors through the remainder of the project)
2.4 Monitor and evaluate internal and external program contexts for circumstances that may require changes to the program execution approach
3.2 Monitor and evaluate internal and external program contexts for circumstances that may require changes to the program’s business case
PE – monitor and evaluate processes and changed circumstances
A2 – Alignment with Benefits –
(Explain how the program execution changes you are implementing will either still align or will generate new benefits in the program. Does the desired future state need to be updated to maintain alignment with expected benefits?)
1.3 Periodically review the description of the desired future state and confirmed or updated to maintain alignment with expected benefits
2.5 Periodically review program execution approach and confirm or update to maintain alignment with expected benefits
A3 – Timeline –
Provide an updated list of the existing and any new key bodies of work that need to be done to complete this program of work. Update where required the start and end date for all bodies of work based on the changes.
2.5 Periodically review program execution approach and confirm or update to maintain alignment with expected benefits
Part B
Q1. Explain how you would define, maintain and refresh the program organisation with the sponsoring organisation.
4.1 Define, maintain and refresh the program organisation with the sponsoring organisation
