by | Sep 24, 2022 | Project Management
Effective global project managers must be competent and nimble to change with the ever changing times.
-What are some of the technological advances in telecommunications and transportation that have impacted global business in the last 20 years?
-How have these technological advances affected the role and responsibilities of the Global project manager?
-What further technological trends can be anticipated in the next 10 years that will help / challenge the global project managers?
by | Sep 24, 2022 | Project Management
You will be tasked with identifying the manufacturing requirements, product feasibility, production constraints, profitability, and overall risk associated with introduction of a new product.
For this milestone, you will analyze Nike and offer guidance on how to address potential risk factors associated with the introduction of its new product and how to address the overall financial impact the new product will have on the company.
Additionally, you will create a draft of management strategies—an analysis of your selected company—including guidance on how to form and appropriately manage the launch of a new product as well as the team that will be involved in its launch.
Specifically, the following critical elements must be addressed:
III. Risk and Financial Impact: In this part of the project, you will analyze your selected company and offer guidance as to how to address potential risk factors associated with the introduction of its new product and what the overall financial impact of the new product will be on the company.
A. Identify potential risks to the company associated with the new product introduction.
B. Develop a risk mitigation plan to address the previously identified risks associated with the introduction of the new product.
C. Explain how your proposed risk mitigation plan will account for and address the previously identified risks.
IV. Management Strategies: In this part of the project, you will analyze your selected company and offer guidance as to how to form and appropriately
manage the launch of a new product as well as the team that will be involved with the launch of the new product.
A. Describe the key aspects and characteristics of the team that you would build to support introduction of the new product.
B. Select the stakeholder from the company that you would include on a cross-functional team to support the introduction of the new product.
C. Explain how your proposed team is cross-functional and how that assists them in supporting the introduction of the new product.
D. Develop a strategy you would use to manage the cross-functional team tasked with supporting the introduction of the new product.
E. Explain how you could apply principles of total quality management (TQM) in managing the product introduction.
F. Describe how you could utilize the total quality management (TQM) approach for fulfilling customer expectations associated with the new
product.
G. Explain how each department in the company would approach assessing customer expectations of the product.
by | Sep 24, 2022 | Project Management
Part 1: Responding to conflict
What is your initial (primal) response to a conflict situation, fight or flight? Why do you think that is the case?
Consider past experiences with people, your character traits (particularly extraversion and agreeableness), and your culture.
Consider how the response of your parents to conflict situations might have influenced how you see conflict (e.g. if your parents were scared/avoidant of conflict, then chances are you have adopted the same response because your parents served as role models for you when you were growing up).
2. What could help you to get out of your initial response (fight or flight) during a conflict situation?
Consider what will help you to deal with the initial overwhelming emotions so that you can move towards resolving the conflict (elaborate on a specific example of what you could do.)
Think about the things like going to the balcony, naming the game, and using a physical trigger that will help you to “snap out” of the emotional state.
3. What can help you to get into the right emotional state before a conflict situation? (don’t theorise, think about what exactly works for you). How can you ensure that you remember to do this before you step into a conflict situation?
4. Think of a recent occasion when you wanted to let someone else know that you were unhappy or unsatisfied with something but you did not. What did you want to say?
5. How could you have used “I” statements to ensure that you were being heard by the other person while also not blaming that person for the situation (provide examples of the I statements).
6. What have you observed after doing this exercise?How does this exercise inform how you resolve conflict with different people?Are there any patterns?
Note: you don’t have to mention the names of people in this exercise you can just mention the categories (e.g. friend, colleague, partner, parent etc.)
Part 2: Your Conflict Management Style
7. Which conflict management style do you lean towards? What is positive about your conflict management style? What is negative about it?
8. Which conflict management style would you like to work towards? How can that be achieved? (provide specific solutions).
9. What are your biggest limitations in dealing with conflict? What are your biggest strengths? What can you do to improve on your limitations? (For this question use the following 4 links to HBR articles from the ones listed below and refer to them for practical ways in which you could address some of your limitations. )
https://hbr.org/2014/10/how-to-deal-with-a-mean-colleague
https://hbr.org/2014/03/to-improve-collaboration-try-an-olive-branch-on-steroids
https://hbr.org/2014/05/most-work-conflicts-arent-due-to-personality
https://hbr.org/2014/06/dont-hide-when-your-boss-is-mad-at-you
by | Sep 19, 2022 | Project Management
Submissions:
A research paper will be submitted as your midterm exam in APA 7th edition style. Each student will be required to:
Formatting
Students will complete an individual research paper on one project management topic (see topics below).
The research paper should be a minimum of 5 pages and not to exceed 10 pages (including Title and Reference pages). The paper will be written in APA 7th edition formatting with 12 pt, Times New Roman, black font, and double-spaced.
The research paper should demonstrate your grasp of the concepts covered in the course. The topic will apply to a project management issue of particular interest to you, or your workplace based on your new knowledge and previous experiences. Students should seek topic approval from the instructor prior to beginning research.
Be sure to include at least 3 in-text citations, one from the textbook for the course, and two from outside sources (internet, articles, books).
I have already done the proposal. I will attach below
by | Sep 19, 2022 | Project Management
At this point, most communication issues have stabilized, and the execution process is producing deliverables. The sponsor, as well as the project team, are now focused on project performance and closure.
Instructions
Write a 2–3 page paper in which you address the following:
Now that the project is in the execution process, summarize your project to date.
Describe 3–4 deliverables produced from the execution of your project.
Explain how project baselines are established and why they are important to EVM calculations.
Note: this relates to project control.
Explain how you assess the results (what is good, what is bad) when you do EVM calculations. Provide examples using 3–5 EVM metrics.
Note: this relates to project control.
Apply the PMBOK best practices to close your project. See pages 47, 166, 171, and 180 for relevant content.
Note: this relates to project closure.
List 3–5 lessons learned from your project. Provide examples.
Use at least three sources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. For help with research, writing, and citations, access the library.
Develop a proposal to communicate project execution, control, and closure strategies to a specified audience.
by | Sep 19, 2022 | Project Management
With the communication issues stabilized, the focus turns to project performance measurement and closure. Chapter 13 presents a discussion on metrics used to assess project performance. Three commonly used metrics are schedule variance (SV), cost variance (CV), and cost performance index (CPI). The sponsor is not familiar with how these metrics work and has asked for a demonstration of how they are used. The sponsor has presented a scenario and is requesting you to conduct a demonstration using fictitious data to access the results given the following situation.
Instructions
On day 51, a project has an earned value of $600, an actual cost of $650, and a planned cost of $540. Compute the SV, CV, and CPI for the project. Present your results and explain them.
Next, the project sponsor wants to be assured that the project will be closed in accordance with best practices. Research what the Project Management Body of Knowledge (PMBOK) says about closing projects and briefly discuss.
