?R?L INSULIN
Arbit and Kidron describe potential technologies for the delivery of orally effective insulin.Commercialise one of these processes and launch a new, more expensive,
but orally bio available form of insulin.
Your brief is to objectively assess the project and address the following issues in your report to the Board:
1- Executive Summary:
Summarise the project
background, benefits, additional research required, suggested process model and treatment of major risks.
Conclude with overall recommendation as to the project’s priority.
2- Business Case:
Describe the client and the background for the project
Financial and/or strategic justification
Project success criteria. How will the client know the project was successful?
How can the client ensure that the expected benefits are realised?
Is this project part of an overall program or portfolio?
3- Process Model:
Is an agile
methodology recommended, or a standard waterfall approach? Is any iteration planned?
Provide a high level work breakdown structure or process model for the project.
4- Risk Management Plan:
Client wants to see ONLY ‘project specific’ risks. They are aware of the
generic risksthat affect virtually all biotech projects (such resignation of key project members, delays from suppliers, equipmentfailure,
lack of test subjects etc.)
Tables should include each major risk identifying the source, ev ent, consequence, probability, existing
control(s) and initial risk rating.
Anothertable should include the risk treatment plan for each risk with an unacceptable rating
including the cost justification and effectiveness (e.g. residual risk rating).
Not all rIsks can be treated! What are the risks that
the Board will be forced to accept?
5- Conclusion:
In the Consultant’s opinion how does this project rate forthe client?
Should the
client focus on other opportunitiesthat have a better return on investment or a lower overall risk?
If this project is highly recommended,
what are the keyfactors which have persuaded the Consultant?
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