Project Management Strategy and Tactics

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Text Book
Meredith, J. R., & Mantel, S. J., Jr. (2012). Project management: A managerial approach (8th ed.). Hoboken, NJ: Wiley.
Unit I(4 Pages Minimum)
Chapter 1
Assessment
1. Identify and describe the implications of the five process groups of project management. Choose one of the implications and provide an example to illustrate your understanding.
Your response should be at least 400 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
(400 word minimum)
2. Describe the “typical” life cycle of most projects. Discuss the different phases of the life cycle. What factors contribute to a projects life cycle not being “typical”?
Your response should be at least 400 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
(400 word minimum)
Unit II(6 Pages Minimum)
Chapter 2
Assessment
1. Contrast the real options selection approach with profitability models. What are the advantages and disadvantages of each?
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
(200 word minimum)
2. Project Sanders has a payback period of 2.4 years, an NPV of $10,000, and a profitability index of 1.10. Project Johnson has a payback period of 3.0 years, an NPV of $10,000 and a profitability index of 1.05. If only one project can be executed, which project should be selected and why? Explain your reasoning in as much detail as possible.
Your response should be at least 300 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
(300 word minimum)
3. Imagine you have been assigned as the project manager for a new project at your organization. What can you do as the project manager, to better guarantee that the strategic objectives of the organization will be met? Please provide specific details to illustrate the role of project management to organizational strategic objectives.
Your response should be at least 300 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
(300 word minimum)
Case Study
Using the Meredith and Mantel textbook, Project Management: A Managerial Approach, review Chapter 2, “Strategic Management and Project Selection,” Pan-Europa Case Study, pp. 88-95. Once you have reviewed the case study, prepare a minimum of 600 words in length defending your response to the following questions:
Strategically, what must Pan-Europa do to keep from becoming the victim of a hostile takeover? What should Pan-Europa do now that they have won the price war? Who should lead the way for Pan-Europa?
Using net present value (NPV), conduct a straight financial analysis of the investment alternatives and rank the projects. Which NPV of the three should be used? Why? Suggest a way to evaluate the effluent project.
What aspects of the projects might invalidate the ranking you just derived? How should we correct for each investments time, value of money, unequal lifetimes, riskiness, and size?
Lastly, reflect on the assignment and come up with a view on the screens and criteria to be used for the project selection process. Apply the criteria and make a project selection.
Your assignment must:
Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA format. Check with your professor for any additional instructions.
Include a cover page containing the tile of the assignment (Unit II Case Study), the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
(600 word minimum)
Unit III(5 Pages Minimum)
Chapters 3 & 4
Assessment
1. Assume that there is a clash in requirements between the legal environments of two countries participating in a project. Before taking action to resolve the clash in requirements, what would you recommend that the project manager do?
Your response should be at least 500 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
(500 word minimum)
Scholarly Activity
Project communications are a coordinated effort by all team members: from the project manager who is responsible for the overall message and how it is delivered, to individual team members who contribute to the process. For this Unit III Assignment you will prepare a project communication matrix for a fictional project of your choice.
The communication matrix shows how we plan to communicate information to the project audiences. The matrix also includes the frequency of communication for different types of information and the method of communication.
A template is provided (click here), but you can create your own matrix. Click here for a PDF of the template. At a minimum, the matrix should include: (I have uploaded the pdf file)
• the type of communication,
• its originator,
• who receives the communication or attends the meeting,
• the frequency that the communication or meeting occurs, and
• the source of the communication or meeting.
You will also need to include an introduction which introduces the project scenario.
Your assignment must:
• Be a minimum of 100 words in length (introduction).
• Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA format.
• Include a cover page containing the tile of the assignment (Unit III Scholarly Activity), the student’s name, the professor’s name, the course title, and the date.
(100 word minimum)
Essay
While the project manager is responsible for applying the correct tools and techniques to ensure the success of the project, effective project management technique requires that the project manager possess the following characteristics: knowledge, performance, and personal. For this assignment you are asked to write a short essay on why a project manager should have these characteristics and their relevance to managing a project.
Your essay should:
• Discuss why project managers are integral to managing successful projects.
• Explain the relevance of the following characteristics: knowledge, performance, and personal.
• Identify how you can build on the key characteristics to become a better project manager.
• Describe an example of when a project manager did not possess the right characteristics. What was the outcome?
• Describe a situation where you were able to work under an effective project manager. What characteristics and skills did they possess?
Your assignment must:
• Be a minimum of 500 words in length.
• Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA format.
• Include a cover page containing the tile of the assignment (Unit III Essay), the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
(500 word minimum)
Unit IV(6 Pages Minimum)
Chapters 5 &6
Assessment
1. Differentiate between the three major organizational forms. Examine the advantages and disadvantages of each form and discuss some of the critical factors that might lead you to choose one form over the other.
Your response should be at least 500 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
(500 word minimum)
2. You are planning to buy a used car. Develop a scope document for the purchase. Identify the stakeholders and the project assets. Using the planning process, develop a WBS and a simple project plan.
Your response should be at least 500 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
(500 word minimum)
3. How well does risk management contribute to project success? Outline the six sub processes and identify how they contribute to project success.
Your response should be at least 500 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
(500 word minimum)
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