Murphy Stores RFID Technology Project Management Case Study Paper

Case Study:

You are part of a team at Murphy Stores, a major retailer, deciding whether to allocate $7 million of the company’s remaining (and limited) capital budget to either an investment in RFID technology to reduce merchandise theft from stores, or to invest in new energy-efficient store lighting to reduce operating costs and be better for the environment, or some combination of the two. For this assignment, you will prepare a business case for one of the projects. The two alternative investments focus on making financial improvements in two different aspects of Murphy Stores’ operations: decreasing “shrink” due to theft and saving on electricity costs. The case offers the opportunity to learn about retail industry operations as well as to make multiple full NPV discounted cash flow analyses in capital budgeting. All the information you need is within the case study, but you will be required to draw reasonable conclusion from the case, as not every detail is present. Please pay particular attention to the financial details provided, as they will be helpful in your analyses.

After determining the proposed project, just answer the following two parts:

1. Project Overview

This section describes high-level information about the project to include a description (high level scope), assumptions, and constraints.

2. Expected Benefits

This section should describe the anticipated outcome if the proposed project or initiative is implemented. It should include how the project will benefit the business and describe what the end state of the project should be.

500-600 words,double spaces.