Unit V Case
Study
Case studies are an important learning strategy in business
classes as they provide an opportunity for you to critically analyze events
that have taken place in real-life businesses. This develops your critical
thinking and research skills as you research the competition and industry in
which your business resides with an end goal of formulating a recommendation
for the challenges faced by the company.
Read the “Franklin Electronics” case study on
pages 545–546 of your textbook. As you complete the analysis, address the
topics below.
1. Explain the
earned value measurement system and whether you believe that Franklin
Electronics truly understands it.
2. Analyze the cost
projections completed by Franklin Electronics. Reconstruct the cost projections
toward the compilation of a realistic project budget. Include a theoretical
discussion around the steps involved in the budget that you built.
3. Create a project
management schedule that would be more effective than the one proposed in the
case. Use scheduling techniques learned in this class to date. Include an
assessment of why you selected this scheduling technique instead of others.
4. Evaluate sources
of project risk, and develop strategies that would decrease the impact of these
risks.
In formatting your case analysis, do not use the
question-and-answer format; instead, use an essay format with subheadings. Your
APA-formatted case study should be a minimum of two full pages in length (not
counting the title and reference pages). You are required to use a minimum of
three academic sources that are no more than 5 years old (one may be your
textbook). All sources used, including the textbook, must be referenced;
paraphrased material must have accompanying in-text citations. A minimum of
three in-text citations are required.
