Four Tangible Benefits of Using Project Management
Business Finance
Can you please answer each question individually rather than all of them as a paper. Week 2 D1 and Week2 D2 are due thursday the 28 at 8PM the rest are due next Thursday March 7th.
Text for the class:
Using the Project Management Maturity Model Strategic Planning for Project Management
Harold Kerzner
Week 2 D1
Chapter Six in the textbook describes four “tangible benefits” of using project management; these are:
- Lower Cost
- Shortened schedules
- No sacrifice of scope or quality
Higher customer satisfaction
Choose one of these four benefits and describe why it is mandatory to have strong project management techniques in the organization to reach the benefit. Use examples from the Forbes article “HealthCare.gov diagnosis: The Government Broke Every Rule of Project Management (Links to an external site.)Links to an external site.” to analyze how firm project management practices could have assisted in the development and launch of HealthCare.gov.
Week 2 D2
An organization needs to have project management built into its culture to be effective. Evaluate the maturity of the project management culture in your organization and describe improvements that can be implemented based on your text readings. If you feel your organization does not yet have a project management culture explain why and suggest improvements that could be accomplished.
Week3 D1
Many organizations focus on continuous improvement processes to aid efficiency improvement, reduce waste, and/or maximize profits. In your posting, discuss three of the continuous improvement foci areas you have experienced in your job or organization and discuss the effectiveness (or benefits) of such initiatives. Decide what change management issues are present that limit the organization’s efforts in continuous improvement. What are the forces driving the initiative? What practices could be improved? What should be abandoned?
Week3 D2
Describe the structure and importance of a project phase review meeting. Select three areas that need to be reviewed by the project manager and explain why. Create a list of stakeholders that should be invited to the meeting. Why did you choose these stakeholders? What should all the meeting participants be able to walk away from the meeting with?
Week4 D1
The triple constraint in Project Management is known to be time, cost and scope. The ability to manage these three items very often leads to project success. Identify two success factors from Chapter 11; then compare them with two components of failure from the same chapter. Provide an example of a project you led or were a team member where one or more of these factors came into play.
Week4 D2
One key concept in project management is to learn from previous projects. The Lessons Learned review allows an organization to collect and document the results of both successful and failed projects. Give an overview of a project you were involved with as a leader or team member. Choose three of the project areas listed below and answer one question from each group of questions found in Chapter 12 of your text.
- Time
- Cost
- Quality
- Scope
- Line Management
- Methodology
- Senior Management
- Customer Satisfaction
i.Business Opportunities
Week5 D1
Identify one of the goals of Six Sigma shown in Table 13-1 of the text and provide an example of a project you have been involved with where the method could have helped the project outcome. Comment if your organization uses Six Sigma and, if so, the influence it has had on the results of projects and the overall business.
Wekk5 D2
Review the Fleming and Koppelman article from your assigned readings. Evaluate two of the ten EVM requirements and analyze how a project you have worked on in the past could have been more effective by using the measures. Provide detailed information if your organization consistently uses EVM and the benefits that have resulted.
Week6 D1
List three processes in your organization that are considered “best practices” and describe how they meet the critical questions from Chapter 15 in the text. If your organization does not have a best practice, use the knowledge gained from the case studies and article reviews in class to describe your idea of a best practice.
Week6 D2
Compare how knowledge transfer for project management happens in your organization with the model shown in figure 15-4 of the text. Where can your organization make improvements to ensure knowledge transfer is a critical success area in the future? Where is your organization excelling?
