Project Management in the Information Age

Order ID	53563633773
Type	Essay
Writer Level	Masters
Style	APA
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Description/Paper Instructions

Project Management in the Information Age

MASY1-GC1250 – Project Management in the Information Age – Sp2022

 

Team Simulation Project – Project Business Case

 

For the second phase of the team simulation project, your team will be expected to create and submit a business case for your proposed project. This exercise builds from the project proposal created in the first phase and should address any feedback requested by your instructor in his comments regarding your team’s project proposal.

 

A template has been provided for the business case. It is included along with the assignment content in the designated assignment page in NYU Classes, as well as in the Templates folder in the Resources area. For your convenience, an example of a business case created by a team from a former course will also be provided.

 

The business case template incorporates aspects of your project proposal and specifically addresses the reasons why the project is being proposed. Most importantly, it includes details about the cost and benefits of the project and lists key factors affecting its success. Your business case should include each of the sections listed below. Detailed explanations of each section are included in the business case template. Please contact your instructor if any additional explanations or clarifications are needed:

Executive Summary

 

The purpose of this project is enhance California’s economy by way of a high-speed rail line between

 

Los Angeles and San Francisco, in keeping with RapidTrak’s mission to expand high-speed rail service

 

across the country. Our project will catalyze environmental and economic benefits in the state and

 

greatly reduce the time necessary to travel between its two biggest cities. Total costs for the entire

 

endeavor are projected at $50 billion, for an estimated completion by the end of 2029.

 

Current Situation

 

Compared to systems in Japan, China and Europe, inter-city rail service in the United States is

 

undeveloped. The main national carrier, Amtrak, is only profitable in its Northeast Corridor line (serving

 

Boston to Washington, D.C.), and even the “high-speed” Acela trains that operate on this line are very

 

slow compared to state-of-the-art high-speed rail abroad. However, American public interest in high-

 

speed rail is markedly on the rise, especially in the wealthier, more densely-populated coastal states.

 

This comes at a time when interest in revitalizing America’s transportation infrastructure to be more

 

environmentally friendly is also reaching a peak.

 

The domestic railway industry is generally stagnant or in decline, with a lack of appropriate investment

 

in new technology and expert personnel leaving the workforce. Throughout the country, Amtrak

 

operates slow, outdated trains, mostly on tracks that are actually owned by major freight rail lines,

 

meaning that passenger traffic must yield to freight at all times. Domestic expertise in high-speed rail is

 

limited, so any attempt to implement a high-speed system here will have to import and adapt

 

technologies pertaining to the design and control of the trains themselves, techniques in track

 

construction and more.

 

Recommendation

 

Given these challenges, our attention turns to California, which has made it a priority to improve its

 

environment and transportation in tandem. The state’s roadways are among the most-used (and most-

 

congested) in the nation, with drivers wasting over $18 billion annually in lost productivity and wasted

 

fuel. Moreover, the air travel routes between Los Angeles and San Francisco serve over five million

 

passengers annually but regular delays significantly erode the time saved by flying. As passenger

 

volumes increase and climate and pollution become more of a concern, it becomes clear that the state is

 

in serious need of additional transportation options.

 

Therefore, California is a perfect candidate for RapidTrak’s inaugural high-speed project. Our

 

recommendation is to construct and operate a high-speed rail line between Los Angeles and San

 

Francisco, in the style of Japan’s “Shinkansen” railroad, connecting the cities of Bakersfield, Fresno and

 

San Jose along the way. Planning and executing the project within a single state exposes us to fewer

 

political and regulatory challenges. Plus, California’s government is receptive to the idea of high-speed

 

rail, so we expect it to be a cooperative partner.

 

We expect such a rail line to achieve a range of economic and environmental effects for the state,

 

summarized here and further elaborated throughout this document:

 

.

 

• Reduced travel times

 

• Job creation

 

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• Statewide economic growth

 

• Greenhouse gas reductions

 

• Eased traffic congestion and fewer automobile accidents

 

Options Considered

 

Because RapidTrack has a nation-wide mission, we chose between three potential routes for a new high-

 

speed line:

 

• Boston to Washington, D.C.: This route would accelerate transit along the profitable and densely populated Northeast Corridor.

 

• New York to Chicago: Satisfies an under-served East-West route and improves economic access to/from Midwest cities like Indianapolis, Columbus and Pittsburgh.

 

• Los Angeles to San Francisco: Operates in a single state, serves two of the nation’s highest- value cities, and solves known, critical problems about traffic and pollution.

 

Within this scope, however, and because domestic expertise in high-speed rail is limited, we have to

 

choose whether to model RapidTraks’ line on Chinese, Japanese or European technology. Ultimately we

 

are attracted to Japan’s “Shinkansen” system for its excellent safety ratings and overall high quality.

 

Goals & Objectives

 

RapidTrack’s goal is to improve California’s transportation infrastructure, ease environmental pressure,

 

and create economic opportunity in the region. To that end, the objective of this project is to build a

 

high-speed rail line connecting Los Angeles and San Francisco, the state’s two most important cities.

 

Providing a reliable rail network can help serve the needs of national and regional area by offering

 

convenient access to economic centers. We hope to achieve the following objectives by way of our high-

 

speed line.

 

• Reduction in travel time. Covering a little over 400 miles at speeds approaching 200 miles per

 

hour, the total length of a journey between Los Angeles and San Francisco should be little more

 

than two hours. Currently, flying between each city takes at least two and a half hours,

 

accounting for time spent getting to or from each airport in California’s bad traffic.

 

• Reduction in carbon emissions. The rail line could eliminate up to 300,000 metric tons of

 

carbon dioxide (CO2) emissions in the first year of operation, equivalent to 53,000 personal

 

vehicles taken off the road. By 2040, the system is estimated to reduce vehicles miles of travel in

 

the state by almost 10 million miles of travel every day.

 

• Reduction in auto accidents. By providing a safe, efficient alternative, we hope to reduce auto

 

accidents in line with a general reduction in auto traffic between both termini.

 

• Economic growth. The rail line will provide faster and more convenient access to major city

 

centers, extending the geographic range in which they can spend money and work. We expect

 

the project to add at least 100,000 jobs to the California economy, accounting for temporary

 

work attached to the project itself and permanent job growth resulting from the train’s presence

 

in the region.

 

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Assumptions

 

The project makes a set of assumptions about the logistics and nature of the proposed high-speed line:

 

• What RapidTrak provides to California aligns with its expressed goals and values, so therefore

 

we assume that state and local governments will be cooperative, at least enough as to not impede

 

the project.

 

• We will make a conservative assumption that we will not be able to acquire all the land

 

necessary for tracks and stations along our idealized route. We assume that it will sometimes be

 

necessary to deviate from the planned route in order to avoid insurmountable costs or

 

inconvenience, even though doing so will require changes to scheduling and budget.

 

• The extent of the economic benefit to California can only be drawn in assumptions at this point.

 

Past rail projects in other countries do point to promising results, however.

 

• The most basic assumption made by this project is that Californians would be interested enough

 

in high-speed rail to use our line in such high numbers as to achieve the desired economic benefit

 

for the region.

 

Constraints

 

We also have to acknowledge the challenges and constraints that will likely affect our work.

 

• As mentioned in the proposal, one of the biggest sets of constraints will be where exactly

 

RapidTrak can secure land for building the tracks.

 

• Because of RapidTrak’s ownership by the federal government, we expect conflict over budget

 

constraints to arise every year, especially during times of turnover in political leadership as the

 

government re-calibrates its priorities for infrastructure spending.

 

• Constructing the rail line will require a massive amount of labor, over a long period of time and

 

spread across a wide geographical area. It could be challenge to have as many appropriately

 

skilled workers as are needed at all active job sites at all times.

 

Critical Success Factors

 

In order for this project to be successful, we see five factors that deserve our close attention moving

 

forward.

 

• A highly detailed but flexible WBS. This will be a massive, long-term infrastructure project, vulnerable to complication and delay at a micro level. Our work breakdown structure must be

 

able to account for the possibility of contingency spending, crashing, re-scheduling and more

 

whenever necessary.

 

• Effective control of the project budget. The demands of the WBS also mean that at a high- level, the management of our project budget must be of utmost quality.

 

• Diligent earned value management. Because this will be such a large, expensive project with so many moving parts, we must play close attention to how we are spending our funds, which

 

aspects of the project are making the most efficient use of time and money, and be ready to re-

 

plan or re-allocate those resources within the project portfolio as becomes necessary.

 

• Satisfaction of state and local government stakeholders. It will be crucial to keep these stakeholders informed, engaged and satisfied with and about our work. If RapidTrak should wear

 

out its welcome in the state, our project will be doomed.

Project Management in the Information Age

RUBRIC QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points:  Student failed to submit the final paper. 20 points out of 50:  The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50:  The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately.  Elements of the required response may also be lacking. 40 points out of 50:  The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples.  The answer is complete. 50 points:  The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples.  No aspects of the required answer are missing. 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And/or there is a significant use of highly questionable sources. 15 out 20 points:  Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented.  APA 6th Edition is used with only a few minor errors.  There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points:  Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented.  APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points:  Student failed to submit the final paper. 5 points out of 20:  The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors  10 points out 20:  The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20:  The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points:  The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. 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The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.

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