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Case Study

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A description of a realistic relevant situation, providing a context and events. ... Timing of incomings and outgoings. Amount of debt which needs funding. Risk ... – PowerPoint PPT presentation

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Title: Case Study


1
Case Study Project Selection
  • Charisma
  • Love Hospital

2
Learning Outcomes
  • You should be able to
  • Read case studies
  • List and discuss criteria for selecting projects

3
Using Case Studies
  • What is a case study?
  • A description of a realistic relevant situation,
    providing a context and events.
  • Why use case studies?
  • To set techniques in context
  • To illustrate the complexity of real situations
  • To include human issues
  • To provoke discussion

4
Learning with case studies
  • Read the study identify key features
  • Are 'well-known' problems relevant?
  • What problems are specific to the case?
  • When evaluating options, take into account
  • the advantages and disadvantages of the option
  • the particular features of the case
  • the likely implications of the options in the case

5
Case Study 1 Charisma
  • CD management courses telephone tutors.
  • Commercial problems
  • aging products
  • falling sales
  • Development problems
  • Team with varied skills and personalities
  • Multiple products development tools
  • Failure to achieve deadlines set to close deals.
  • A variety of unethical behaviours

6
Case Study 2 Love Hospital
  • An NHS Hospital Trust
  • In a turbulent period of NHS re-organisation.
  • New layers of management
  • Intense feelings among staff.
  • Competition for contracts
  • From local doctors and the Health Authority
  • Needs accurate financial information.
  • Aging IT system
  • Doesnt support new competitive environment
  • Runs on obsolete hardware and software.

7
Project Selection
  • Identify a problem, need or opportunity
  • client with a business need
  • developer with a new product idea.
  • Decide
  • Whether to proceed with a project
  • Between potential projects
  • What criteria can be used?
  • Evaluate options against business goals

8
Charisma Projects
  • Develop Web site
  • To advertise company
  • To deliver courses to replace CDs
  • Selection among options

9
Love Hospital Project
  • To develop an IT system
  • To replace the existing system
  • To support organisations operation
  • To support new commercial operation
  • Mainly a yes/no decision
  • But there are scope issues

10
Selection Criteria
  • Factors
  • Cost
  • Benefit
  • Timing
  • Risk
  • Judgement required

11
Non-numeric Selection
  • Based on management experience
  • The bosss favourite
  • Operating necessity
  • Competitive necessity
  • Me too
  • Product line extension

12
Selection by expected profit
  • Rank projects by a measure of profitability
  • Shortest payback period
  • Time to repay investment
  • Total Profit
  • Average rate of return
  • Annual interest
  • Considers size of investment
  • Net Present Value
  • considers returns and the effect of inflation

13
Comparing Criteria
  • What are the advantages disadvantages of the
    different criteria?
  • Are they appropriate?
  • Are they easy to apply?

14
Possible criteria Love Hospital
  • What criteria seem relevant?
  • Are there problems in using the criteria?
  • Could other criteria apply in practice?
  • Personal ambition

15
Selection by Scoring
  • Combination of various measures
  • Identify criteria weightings
  • Score the potential projects
  • Similar to classifying Degree
  • weighted combination of coursework and
    examination from different modules

16
Other Issues
  • Cash Flow
  • Timing of incomings and outgoings
  • Amount of debt which needs funding
  • Risk
  • Unpredictable outcomes
  • Greater uncertainty require greater profit
  • Information
  • Obtaining information costs time money

17
Feasibility Study
  • Preliminary analysis
  • Fact-finding
  • Define the problem and objectives.
  • Identify possible solutions.
  • Select solutions worth a detailed analysis.
  • Detailed analysis
  • Review requirements
  • Outline solution
  • Analyse risks costs
  • Cost of study requires authorization

18
Assignment 1 Outline
  • Produce a demonstration Web site
  • showing the potential use of the Internet to
    support ethical behaviour among staff.
  • Tasks
  • Choose a team
  • Find out what you could do
  • Decide what you are going to do
  • to demonstrate potential facilities
  • Do it in a fixed time
  • Evaluate it
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