Create a project justification for Global Treps Running Case. Prepare a business case for the Global Treps project. Assume that the project will take six months to complete, use many volunteer hours, and cost about $130,000 for hardware, software, travel, and labor. Use the business case template provided on the Companion website for this text. Be sure to research information on the television show and events held by colleges and other groups, which have been sparked by the need for more successful entrepreneurs. Also visit DonorsChoose.org to see how that site operates and look into steps for forming a non profit organization.

It should be noted that business case evaluates the benefit, the cost and risk of alternative options and gives a rationale for the preferred solution.

When writing a business case, it's important to always define the scope and include an executive summary, detailed information about finances, as well as.an overview of the project's structure.

Every member of the project team should contribute to the business case and the business case should be concise and only include relevant information

In conclusion, the business case provides decision makers, stakeholders and public for evidence based and transparent decision making.

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Complete question:

You and your team are continuing your work on the Global Treps Project. Your project sponsor, Dr. K. has asked you to refine the existing cost estimate for the project so you can evaluate supplier bids and have a solid cost baseline for evaluating project performance. Recall that your schedule and cost goals are to complete the project in six months for under $120,000. You planned to use up to $50,000 total to pay yourself and your team members, and your initial estimates were $30,000 for travel expenses, $20,000 for hardware and software, and $20,000 for organizing four events, including consultants, legal/business fees, etc.