Professional Documents
Culture Documents
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
• Names: Charchenko Elizabeth, Ogburn Sam, Peridou Jade and Zhou Lesley
• University: The London School of Economics and Political Science
• Course: MG208 – Business Transformation and Project Management
th
• Date: October 6 , 2015
• Assignment: Summative group assignment (Michaelmas Term)
• Instructions: See below.
• Word Count: 1,306
• Grade: 72 – First Grade
"Unless otherwise indicated, all materials on these pages are copyrighted by Jade
Peridou. All rights reserved. No part of these pages may be used for any purpose
other than personal use. Therefore, reproduction, modification, storage in a retrieval
system or retransmission, in any form or by any means, electronic, mechanical or
otherwise, for reasons other than personal use, is strictly prohibited without prior
written permission."
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
REQUIREMENTS
Study the project scenario provided and work together to produce a report consisting
of the documents detailed below. The content of the report should show
understanding of the taught material as well as thoughtful application of tools and
methods on the course. Allocate time to conduct independent research about the
project topic and business area.
It is likely that you will need more information than is included in the case scenario.
This reflects real life situation as project managers are often faced with incomplete
information with additional information given over time, as well as conflicting and
changing requirements. You are encouraged to make reasonable assumptions so long
as they are consistent with the case scenario.
CASE SCENARIO
Gem Productions has no prior experience with streaming nor can they make the
expansion using their existing technology. Chief Technology Officer, Meena Shaw,
has made the decision to outsource the development of a digital streaming platform to
StreamTech. A group of six technical staff led by Peter Brant from StreamTech have
been assigned to Gem’s project with a brief to deliver streaming production and
broadcasting systems. Gem’s production executive, Sheelagh Reeves has proposed
that the streaming project leverages the “Little Gems” portfolio of children’s
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
programs. This includes an archive of classic shows, current productions, and a
pipeline of proposals for new content.
You work for Gem and your group is the project team assigned to lead this project.
Gem has limited the project expenditures to a maximum of £1,500,000 (+/- 10%) for
a project that will focus only on children’s content. The project begins on November 1
and the first programme should be streamed no later than September 1 the following
year (Reeves has said she wants the launch to coincide with the start of a new school
year).
The Gem board has given you a mandate to deliver solutions that will create a:
• Single online ‘front-door’ suitable for children’s programmes
• Way for children to be active creators and not merely passive consumers
• Pathway of entertainment and learning content for children that matures with
them
•
You will need to plan tasks and assign team members to them from a list of people
involved in the project. Regular meetings need to be held with the team and
stakeholders as well as other forms of communication. Approval points are needed
through the project sequence. Risks, testing, quality control and provision issues may
develop. Issues with security, reliability, integrity, interfaces between the old and new
systems, marketing and communications are all considerations as you plan the project.
User training and other preparations will be required for system implementation.
Remember…the origin of this project was Jensen Moore’s flash of inspiration and he
wants it to inform the strategy process going forward.
Until recently the complexity and cost of existing solutions has deterred Gem from
streaming content but their new Chief Technology Officer, Meena Shaw, has assured
them that small to medium content providers can afford the technology required.
Meena has worked with Peter Brant (who is heading up the outsourced technical
development at Gem) at her previous place of employment but does not know his
execs at StreamTech. Both Brant and StreamTech have reputations for being highly
competent but Meena has heard through her profession network that Brant went over
budget on one of his recent projects so she has some private concerns. Meena is also
not familiar with the agile PM methodology used by StreamTech. How will it impact
the more traditionally trained Gem staff members?
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
include maintaining and perhaps future expansion of streaming facilities? What
support will they be given to acquire new skills needed for this? They are also worried
that following successful outsourcing project to Stream Tech more aspects of IT
might be outsourced and their jobs might be threatened.
The children’s production team consists of ten people and most of them are excited to
be involved in the project because it will give them an opportunity to showcase their
award-winning programmes. There has been lively discussion about which existing
programmes to include in the project and whether they should produce ‘born digital’
content. Some team members are concerned that the streaming project indicates a drift
to digital content and are not entirely comfortable with Gem’s creative direction.
Their concerns are summed up as follows: “What next - apps? Kids spend too long on
screen…these resources would be better allocated to exploring partnerships with book
publishing companies.”
Gem’s production executive, Sheelagh Reeves has been trying to contact their award-
winning animator Mason Manovich to secure his involvement but has not received a
reply. She is concerned that Mason is getting advice from his lawyers about how to
renegotiate his contract with Gem to include new clauses about asset management and
copyright. Henrick Jones, Director of Marketing is concerned that without a star
product from Mason they will not have the material to promote Gem’s streaming
venture. He has been given minimal budget for marketing and is trying to translate the
CEO’s conviction that “streaming will go viral for Gem” into practice for his team.
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
ASSUMPTIONS
The mandate for the project is based on the scenario including the CEO’s mission
statement, project budget, project tolerances, timescale, staff, and outsourcing partner.
• Communicate with the course leaders as if they are members of the Project
Board. It is OK to ask course leaders and guest practitioners questions about
the project.
• You will work as a team, sharing responsibility for project management.
• The outsourced technology development will be undertaken as a separate
‘black boxed’ sub-project. You do not need to break it down for the project
plan.
• The mandate for the new project has been approved but project initiation has
to be given a green light by the project board. Much depends on the
documents you submit!
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
GEM STREAMING PROJECT BUSINESS CASE
Executive summary
This project is critical to our continued relevance as a player in the children's media
industry. By implementing the first children's streaming platform we stand to gain
significant market share and a much larger ROI than our conservative estimate of
approximately 11.6%. Our innovation will revolutionize the industry by gaining
control of our content and its distribution. In changing our business strategy, we
threaten our traditional distribution markets, challenge our employees to adapt to new
strategies and risk excessive expenses and possible damage to reputation. This shift in
business strategy positions us at the forefront of our industry leading our competitors
and us into the new digital age.
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
introducing streaming services, which would require developing and maintaining a
new system, but would allow Gem to rely on itself to distribute content as well as
increase relevancy and accessibility for millennial consumers.
Expected benefits
The purpose of this project is to develop a new streaming platform, which would
increase profits, develop our market share, and strengthen customer loyalty. We
divided the company's gains into two categories to globally apprehend the multiple
benefits at different organizational levels. While the Project Execution Methods focus
on the advantages of the streaming management process, the Organization
Deliverables and System Strategy highlight the corporate expected accomplishments
of Gem. By linking those diverse achievements to our brand image, the profitability
and sustainability of our company will secure stakeholders' contribution and
confidence. Please refer to the Benefit Analysis document for more in depth analysis.
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
! Organization Deliverables and System Strategy – Successfully launch the
streaming platform by reaching targeted objectives and effectively managing
the new streaming technology. By gathering data, the implementation of a new
technology allows to improve our company's services, image, and
competitiveness allowing us to be flexible in our responses to customer needs.
The development of the project endeavours to be in accordance with Gem's
organizational sustainable and ethical issues.
Expected Dis-benefits
The establishment of a new streaming technology can engender multiple dis-benefits
among stakeholders. While restructuring the company can severely impact
administrational strategy, project in-house staff would have to deal with several
negative outcomes arising from outsourcing. The threat of losing control over the
project is one of the main concerns of Gem's IT team. Globally, the culture of the
company needs to be accordingly redesigned without pressurizing various and
divergent internal stakeholders' interests. Please refer to refer to Appendix IV for
more complete analysis of dis-benefits.
Timescale
Overview of the Project Plan will start with contract negotiation between StreamTech
and Gem (1 week), followed by a period of platform development led by StreamTech
(5.5 months), before entering a beta period for testing, creative content retuning and
data analyzation (3 months). From there on, Gem staff will be trained by StreamTech
to integrate new project systems (1 month), followed by launch of the project (2 days)
and ending with project closure and handoff after thorough audit of benefits review (2
weeks). For further information on the Timescale please refer to the Project Plan in
the following Gantt chart. Project benefit realization will emerge both within the
duration of the project and after its closure; please refer to the benefits analysis
document for more information. Please refer to Appendix V for a more detailed
analysis of investment opportunities.
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
Key Resources
• 6 StreamTech team members under Peter Brandt (refer to stakeholder
analysis)
• In-house Gem council (lawyer, internal IT team, children's staff production,
etc.) (refer to stakeholder analysis)
• Potential new hires (media streaming experts, consultants, etc.)
• Brand loyalty
• Servers
• Creative content
• Limited marketing funds
Assumptions
• Gem owns the servers or is willing to purchase servers to host streaming site.
• Gem will remain loyal to the waterfall methodology, but will make efforts to
work along with and observe SteamTech's Agile methodology.
• Conservative estimates of revenue growth of 10% in year one, 8% per annum
in the following 8 years, fixed costs, depreciation period, and cost of capital.
• Sustainability principles are already integrated into Project Charter addressing
human rights issues, labour practices, environmental concerns, consumer
issues and community engagement. Principles will balance sustainability
constraints and Project Charter goals.
Surfacing Issues
As Gem transitions its business strategy to face the future and become not only a
content creator but also a distributer, the project team and the business face huge risks
to achieve large benefits. As a project team, we are closely monitoring the risks of
increased cyber security threats, the knowledge transfer from StreamTech to our
internal teams, and project management issues between StreamTech’s Agile
management and Gem’s waterfall methodologies. As a business, we are monitoring
the risk of a public backlash at a poorly functioning product, public backlash at
promoting increased child screen time, and a delayed launch threatening our
competitive edge and ROI. Please refer to Appendix VI and the Risk Analysis
document for a more comprehensive analysis of project risks.
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
APPENDIXES
Appendix I
Reasons
• Relevancy – in today's digital, dynamic world, we must cater to consumer
needs. Since customers are more prone to use "on-demand multimedia
services" and market research suggests that Internet streaming is more widely
adopted, we need to be flexible and adjust to customer wants and expectations.
Relying on traditional media channels is not enough to survive in this industry
anymore.
• Accessibility – indeed at our core we are a creative media content production
company; however, this content must be deliverable to our audiences in order
for them to enjoy
• Customer loyalty – by providing children positive streaming experiences early
on in their years, we have more likely encouraged them to become faithful
consumers
Appendix II
Deliverables Company Strategies
• Open new market and opportunities
from streaming business
Single online "front-door" suitable for
• Changing company strategy and
children's programmes business model to become
distributor
Way for children to be active creators • Open new market and opportunities
and not merely passive consumers from streaming business
• Open new market and opportunities
Pathway of entertainment and learning from streaming business
content for children that matures with • Changing company strategy and
them business model to become
distributor
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
Appendix III
Option 1 – Base Case – Do Nothing
Description Costs
• Continue to use existing processes and • Existing maintenance costs continue. !
systems.
Risks Barriers
• Those shifted to the digital age will
• Gem’s reliance on traditional media.
no longer want to use traditional
• Channels cause decrease of viewership
media channels.
and ultimately decline of profits.
Strengths Weaknesses
• Employees understand and can • Gem content becomes inaccessible to
maintain the systems as they are now.! millennial. !
• Minimal cost for continuing to • Traditional media channels become
out-dated causing our company to be
maintain systems.!
• Won’t lose focus on creating quality out-dated.!
creative media content.!
Option 2 – Change Content Distributors
Description Costs
• Hire new distributors to find ways to • Existing maintenance costs continue.
display our content through other forms
of media other than traditional • Cost of hiring new distributors.
channels.
Risks Barriers
• We still cannot provide our content on • Content streaming is not under Gem
demand. control.!
• Other companies’ streaming methods
may not be competent – we lack
control of how our content is presented.
• Distributors may target
wrong audience or market
inefficiently.
Strengths Weaknesses
• Won’t lose focus on creating quality • Still reliant on distribution companies
creative media content.! so they have leverage on Gem.
• Will not have to implement new IT • Not in control of our own content.
system.! • Unable to ensure accessibility and
customization to users for overall
• Viewers will somewhat be able to
access our content through distributors’ positive experience.
multimedia services.!
Option 3 – Introducing Streaming Services
Description Costs
• Outsource a digital streaming platform • Existing maintenance costs continue !
company to design, develop, • Costs for design, development,
implement and maintain a “on- testing, implementation, training and
demand” multimedia streaming service marketing.!
for Gem users to access through non-
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
traditional media channels.
Risks Barriers
• Staff may have hard time adapting to • Developing new system may draw
focus and resources away from
new system changes.!
Gem’s ability to produce creative
• Costs of project may run over budget.!
content.!
• Mason may refuse to be involved in
• Stakeholders may not agree to the
project.!
development and implementation of
• Competitors adopting similar streaming
new system. !
strategies before our implementation.!
• Potentially alienating our current
customer base.!
Strengths Weaknesses
• Will run accordance to how millennials • Costs of developing, implementing
expect to access creative content.! and maintaining new system.!
• No longer relying on distribution
• Lack of adequate staff training will
companies, thus saving costs.!
• Developing customer loyalty by cause confusion and frustration.!
targeting children at young age.! • Problem with stakeholder resistance.!
• Adjusting to competitive digital
environment later on will be more
costly than if we start now.!
Appendix IV
Perceived dis-benefit Stakeholder(s) concerned
• New governance strategy and protocols • Old administration
will have to be implemented to fully
incorporate the new streaming platform.
• Streaming extension competes with other • Director of Programming
branches of the company, particularly at external distributions
traditional distribution processes. (Mary Pearson)
• Director or Programming
(Sheelagh Reeves)
• Supplementary costs of back office • Chief Technology
necessary to set up the streaming Officer (Meena Shaw)
platform (faster connection with bigger
and more powerful servers needed).
• Suppressing or redefining jobs because • Gem’s in-house IT team
of outsourcing.
• Lack of in-house control due to new • Gem and Jenson Moore
outsourcing.
• Cultural shift in organization due to new • Gem
strategy and mission.
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
x
V
Assumptions:
First Year Revenue
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Revenue Growth Ra
Variable Operating
Original Cost of Eq
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Appendix VI
Surfacing Issue Mitigation Plan
Major Project Execution Surfacing Issues
• Security threats ; • and cyber attacks; • Research
most up to data cyber
with our customers putting secure security; consider bringing in risk
information on the web for the first management consultants.
time we must be prepared to protect
their information.
• Lack of adequate training and • Focus a portion of time to
communication among current Gem knowledge transfer, and technical
employees. training. Ensuring that the staff
feels entirely comfortable with
system before StreamTech hands
off the project.
• Project management difficulties • Consultation, workshops, and
between StreamTech agile weekly meetings with all team
methodologies and Gem's waterfall members on agile methodologies.
techniques. Clear communication within
internal team.
Major Business Surfacing Issues
Public backlash at increasing child Market product as an educational
screen time. device.
Failed product launch threatening the At a final Go/No Go meeting have
reputation of the business. a critical, unbiased assessment
Delayed launch resulting in of system functioning.
competitors developing similar Prioritize time and quality over
products children targeted products cost.
before Gem and capturing market
advantages.
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
BENEFITS REVIEW
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
and business processes sustainable practices. assurance of a long- executives of Gem
respected. term sustainable may not believe
business model. sustainable practices
are necessary.
Establishing a trust-based Continued Likely because Gem Miscommunication,
relationship with relationship with staff is enthusiastic insurmountable
StreamTech may lead to StreamTech. about working and cultural differences
future collaborative learning from can deteriorate
projects. StreamTech. relationship and
even lead to project
failure.
Striving to develop a Brand loyal Likely because of Competitors attempt
brand-new platform with costumers transition strong company to undercut our
fair prices focused on to using and ethics, Gem intends prices.
meeting the needs of purchasing the new to keep prices fair
consumers. streaming platform and affordable.
while simultaneously
expanding our
costumer base.
Increase workers' Interview internal Likely because Gem Lack of company
productivity by valorising employees about staff will appreciate funding to increase
talents from both lessons learned from monetizing their wages.
StreamTech outsourced StreamTech. Include value to the
staff and Gem in-house reflection meetings at organization.
employees and providing end of project plan.
fair salaries.
Respecting sustainability Delivering a quality Somewhat likely; Strict deadline
principles help to product within the hard to anticipate imposes tight time
successfully deliver the deadline and potential cost constraints.
streaming platform within reasonable allocated setbacks due to time
time, quality and costs budget. constraints.
constraints.
Quantitative benefits from Project Execution Methods
Save costs in wages and Include benefit Likely because it is Outsourcing is
time in formation by review of what would not necessary to pay costly, especially if
using an outsourcing have been the cost if outsourced project experiences
company to implement project were temporary setback.
the streaming technology. insourced versus employees costly
actual project benefits.
outsourcing cost.
Qualitative benefits from Deliverables and System Strategy
Being first movers Being the first Unlikely because Competitors might
entering into a niche children's streaming competitors' actions launch similar
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
market for children's product on the market are unknown. products; budget and
streaming. and gaining large resource constraints
market shares. to meet deadline.
Develop a coherent, Holding customer Very likely a Miscommunication
innovative and attractive focus groups with consequence of a of requirements
brand image By providing both children and collaborative expected of
qualitative contents, parents to understand development process StreamTech.
consumers satisfaction customer satisfaction with StreamTech in
(through word-of-mouth and needs. collocated
and social media) will innovation days.
have positive impacts on
Gem's brand reputation.
Interacting with Online discussion Likely, Gem's team Ineffective consumer
customers through forums and customer will develop a feedback platforms.
feedback promotes Gem's feedback surveys to collaborative
engagement to address understand customer relationship between
their needs. satisfaction and production team and
needs. IT team.
E-learning and streaming Building a Likely because a part Parents want to limit
give wider access to sustainable, education of our streaming their childrens' time
interactive, educational driven brand image as contents will be spent online.
materials for children; measured in focus educationally
building Gem's groups. focused.
sustainable brand.
Engaging and responding Building a Unlikely, Gem may Educational
to the interests of new sustainable, education not have the institutions may be
external and internal driven brand image. resources to reluctant to let
stakeholders, such as communicate with children use
schools and learning educational experts. streaming so early.
centres' concerns.
Quantitative benefits from Deliverables and System Strategy
Gaining market share.! Convert 50% of our Highly likely if we Traditional
traditional content are the first movers consumers reluctant
consumer base to the in this new niche to convert to new
new streaming market. streaming
platform. technology;
competitors
launching similar
products.
Achieve ROI by 11.6% Hitting this Likely, with our Unpredicted
after 10 years of business. Investment Return predicted financial financial setbacks.
Target. forecast.
Increase consumer data Incorporation of data Highly likely Gem team may not
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
analytics (CDA) to better analytics into the because have the processes
adapt our creative process creative process and StreamTech's final developed to analyse
to produce the content content. streaming product data in a meaningful
consumers demand based will be incorporating manner.
on emerging opportunities these analytical
and trends. tools/
Forming a community of Tracking customer Highly likely Gem team may not
young customers that will consumption patterns because have the processes
be loyal towards the and interpreting StreamTech's final developed to analyse
brand in the future. consumer data streaming product data in a meaningful
analytics. will be incorporating manner.
these analytical
tools.
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
STAKEHOLDER ANALYSIS
By determining all the stakeholders involved in this project and evaluating the ability
of their influences, we will be able to align the program plans with the interest of key
players, which will in turn help us gain allies to propel the project forward. The table
below demonstrates all those who will be impacted by the project, an analysis on their
interest, followed by techniques to manage these interests. This table is also
transformed into a Power/Interest grid categorized by evaluating stakeholders' power,
legitimacy and urgency of their claim for visual reference. From our grid, we come to
the conclusion that key stakeholders that deserve management's highest priority
include Gem executives, Peter Brant, Mason Manovich, Gem's Children's Production
Staff and Gem shareholders.
*Note&the&grid&is&subject&to&change&through&the&project&as&interests&and&power&shift&over&time &
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
and broadcasting systems updates
Mason Manovich Highly interested for he can Assign team member to attend weekly
(contractor) make a hefty profit from this meetings with Manovich to ensure he
project has the right support from Gem, his
Highly powerful because Gem creative concept aligns with Gem
relies on his “star product” to objectives and he is always updated
promote streaming venture with the team’s plans
Gem’s Children’s Highly interested because the Assign specific project tasks to
Production Staff “Little Gem” project falls undermembers
their department Hold daily “update meetings”
Highly powerful for they Addressing problems right when they
decide what digital content is to arise
be produced and released
Children viewers Low in interest of project, but Questionnaires or online surveys that
high in power because they are determine what children want to see in
target audience the new online streaming content
Parents Low in interest of project, but Questionnaires or online surveys that
high in power because Gem determine what parents want in online
must produce content that streaming content
parents will allow their children
to view
Regular viewers Low in interest and power Utilize social media such as Twitter and
Facebook to update viewers with new
streaming service
Publish online articles to keep viewers
informed
Gem shareholders Highly interested and highly Publish weekly newsletters that keep
powerful because they hold the shareholders in the loop
equity
StreamTech Interested, but succumb to the Ask Brant to choose a member from his
executive team needs of Gem because they are team to work with executive team in
clients answering any questions/concerns they
may have about the project
StreamTech Low in interest and power Utilize social media to update
shareholders shareholders with new streaming
service
Publish online articles to keep them
informed
Gem’s in-house IT Highly interested because the Hold training workshops that will teach
team venture into streaming IT team the new skills needed
potentially affects them Host open Q&A sessions so questions
whereby (i) their can be clarified and confusion can be
responsibilities expand to also addressed right away
maintain and perhaps help with Communicate with IT team exactly
future expansion of streaming what their responsibilities are at weekly
facilities (ii) they need to learn meetings
new skills to facilitate these Address any concerns or insecurities IT
new services (iii) they feel they team may at weekly meetings
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
may be replaced with more
outsourced IT in the future
Low in power because
ultimately executive team
decides when and what to
outsource
Rest of Gem staff Highly interested because manyHold training workshops that will teach
may have to acquire new skills staff about the new skills needed
to work with this new service, Send out online survey to understand
but low in power because exec what other struggles staff may have
team makes the decisions with adjusting with new streaming
service
TV Channels Although highly interested Communicate with content distributors
Content because project succession in a sit down meeting to hash out what
Distributors could lead to broken down new agreement will be
relations, they don’t hold power
in decision making
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
GANTT CHART PROJECT PLAN
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
RISK ANALYSIS
Consequences
Likelihood
Insignificant Minor Moderate Major Catastrophic
Almost
certain
Likely
Possible
Unlikely
Rare
Key&of&Risk&Matrix;&analyzing&both&the&likelihood&and&consequence&
Risk
Matrix*
(Magnitude versus
Risk Description Mitigation Plan Likelihood likelihood) Responsibility Accountability
Cyber Security
Ensure up to date
Piracy copyright and security Possible • Peter Brant Meena Shaw
protocols
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
IT
Build in contractual
Testing failures • Peter Brant Peter Brant
incentives for on time Possible
delaying launch
delivery
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
Consultation,
workshops, and weekly
meetings with all team
members on agile
methodologies to
guarantee that there are
no miscommunications
between Gem’s
Project management
waterfall project plan
difficulties between •
and StremTech’s agile Meena Shaw,
StreamTech agile
project plan. Clear Likely Peter Brant, Jenson Moore
methodologies and
communication within internal Sheelagh Reeves
Gem's waterfall
team.
techniques
Host colocation days
and have innovation
days between the teams.
Ensure integrated
working techniques to
foster a strategic
partnership for
innovation and learning.
Have a systematic but
inclusive process for
requirements changes,
requiring governance
signoff on requirements
changes after initial
Business Requirements
•
Scope creep because Document signoff. Meena Shaw,
of innovation style Peter Brant, Meena Shaw,
Systematically allowing Likely
Sheelagh Reeves, Peter Brant
project change to be possible,
Jenson Moore
but ensure that changes
are discussed
transparently to ensure
that scope creep will not
get out of hand. Have
monthly scope quality
reviews.
Culture classes
Scrum style weekly
between StreamTech’s
meetings. Create an
younger, innovative Meena Shaw,
team and Gem’s environment of Possible • Jenson Moore
Peter Brant
transparent, flexible
established, creative
communication.
environment
Monthly budget
meetings with Peter
Brant and Meena Shaw. •
Illustrate clear legal Meena Shaw,
StreamTech going ramifications for going
Likely Peter Brant, Katie Jenson Moore
over budget over budget and
O’Ryan
creating a standardized
reporting of risk.
Consider a fixed cost
contract
Public Branding
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
•
Public backlash at
increasing child Market product as an Possible Henrick Jones Jenson Moore
screen time educational device.
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
International Content
Rating systems
differences preventing Consult local cultural Sheelagh Reeves
• Jenson Moore
entrance in new global and legal experts before Likely
and Katie O’Ryan
markets entering new markets
Legal
Inability to stream
certain content due to Pre-negotiate
content creators— contractual clauses to
such as Manson Possible • Katie O’Ryan Jenson Moore
ensure seamless
Manovich— international expansion
contractual barriers
International Data
Laws causing
difficulties in entering Bring in local legal
international markets issues before we enter Possible • Katie O’Ryan Jenson Moore
into market
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.
LONDON SCHOOL OF ECONOMICS: DEPARTMENT OF MANAGEMENT
STRUCTURE
Unsatisfactory □
Fair
CLARITY OF ARGUMENTS
□ Good □ Very Good □ Excellent x
Unsatisfactory
USE OF MATERIALS
□
Fair □ Good □ Very Good □ Excellent x
Unsatisfactory □
Fair
QUALITY OF WRITING
□ Good x Very Good □ Excellent □
Unsatisfactory
REFERENCING
□ Fair □ Good □ Very Good x Excellent □
Unsatisfactory □ Fair □ Good □ Very Good x Excellent □
Overall: Excellent ‘sell’ by the business case. Sections are out of order but the content of
the report is strong and the analysis is insightful.
Business case – Really excellent business case. Explores the alternatives but strongly sells the
way forward. (But a short summary of main options should be in the main document (business
case) with more detailed analysis in appendix.) Nice to substantiate the claimed benefits with a
table exploring the financials. Remember to conclude the business case by asking for approval
and budget release.
Stakeholder analysis – Very well done. Could have included a note about Mary Pearson in the
TV Channels/content distributors box.
Benefits review – Very well done. Put the most substantial benefits first – some of the most
significant ones were buried later in the table. It’s a long table and if the exec gets switched off
by the first few items they may only skim the rest thus potentially missing some important
material for the project.
Risk analysis – Excellent. The language that you choose in a risk analysis has to be diplomatic
so that you don’t scare the execs. The method chosen worked well
Project plan – Gantt printed way too small to read. Where are the assumptions? Need to have
them close by so that the exec can glance at them when they review the Gantt rather than
searching back/forth through the doc to make sense of it. The time allowed for contract
negotiations is too probably too short.
Grade: 72
I = First (70+) IIi = Upper Second (60-69) IIii = Lower Second (50-59)
III = Third (40-49) F = Fail (under 40)
Copyright © 2015 Charchenko E., Peridou J., Ogburn S. & Zhou L. All Right Reserved.