BUS 517-Project Management Entire Course

 

BUS 517 Week 1

 

  • From the first e-Activity, determine three to five ways the project management concepts described in the video relate to the project life cycle from the textbook. Support your response.

From the second e-Activity, select two business projects—one, a local project; the other, international. Next, determine the current project life cycle for each project. Justify your selection

 

(2) Select a project for the purpose of completing the writing assignments of this course. Provide a rationale for your selection from an organizational strategy standpoint. Next, respond to at least two posts of your classmates, and comment on their project selection. Note: Ensure that you can develop enough information to thoroughly cover the project topic. Assume that your projects will have duration of 12 to 15 months with a functionally allocated project team. Adhere to confidentiality standards if you are discussing projects from your organization

 

BUS 517 Assignment 1 Project Proposal

 

BUS 517 Week 2

 

‘Elements of Projects’  Please respond to the following:

  • From the e-Activity, select a RFP project, and then explain the project you selected by 1) summarizing the needs and the request for action and 2) emphasizing the Statement of Work (SOW) through the use of Appendix 2.1 from Chapter 2 of your textbook as a guide. Cite the source and justify your response.
  • As a project manager, determine two cultural implications that could affect your project management. Speculate on another two organizational factors that you should consider in order to determine which project management structure you should use. Support your response.

 

‘Elements of Projects’  

 

From the e-Activity, select a RFP project, and then explain the project you selected by 1) summarizing the needs and the request for action and 2) emphasizing the Statement of Work (SOW) through the use of Appendix 2.1 from Chapter 2 of your textbook as a guide. Cite the source and justify your response.

 

As a project manager, determine two cultural implications that could affect your project management. Speculate on another two organizational factors that you should consider in order to determine which project management structure you should use. Support your response.

 

‘Project Organization’  Please respond to the following:

  • Take a position on the following statement: “It is important for project managers to be ‘culture sensitive’ so that they can develop appropriate strategies and responses and avoid violating key norms that would jeopardize their effectiveness within the organization.” Support your position.
  • From the case of Moss and McAdams Accounting Firm in Chapter 3 of the textbook, assume that you were the account manager Bruce Palmer. Determine the key problem(s) with the organizational structure and culture of the firm. Next, suggest the main steps that Palmer should have taken to manage the matrix organization, and suggest what Sands, the office manager who is responsible for assigning personnel to different accounts, should do to support Palmer.

 

‘Project Organization’  Please respond to the following:

Take a position on the following statement: “It is important for project managers to be ‘culture sensitive’ so that they can develop appropriate strategies and responses and avoid violating key norms that would jeopardize their effectiveness within the organization.” Support your position

 

BUS 517 Assignment 2 Project Charter

 

 

BUS 517 Week 3

 

‘Project Scope and WBS’  Please respond to the following:

  • Select a project, and determine at least two aspects of the project scope that might have the tendency to go out of scope and potentially derail the project. Next, develop a WBS that contains the three levels of detail and takes the two eventualities you determined into account.
  • Determine the main advantages of developing a WBS for this project. Support your response.

 

‘Project Scope and WBS’  Please respond to the following:

Select a project, and determine at least two aspects of the project scope that might have the tendency to go out of scope and potentially derail the project. Next, develop a WBS that contains the three levels of detail and takes the two eventualities you determined into account.

 

‘Case Study: Ghost Stories’  Please respond to the following:

  • Working in a strange and foreign culture while adhering to the project management guidelines can present challenges. A project manager must utilize information for project professionals working overseas, as well as work on virtual projects involving colleagues from different countries. From Chapter 15 of the textbook, describe the four major issues surrounding the management of international projects. Next, from the case study, determine which of the four issues that you identified best describes the problem of Lofgrin, the project manager. Support your response.
  • From the case study, determine Lofgrin’s problem, and recommend a strategy for Lofgrin to consider in order to resolve the problem. Next, create a three-level WBS for the strategy that you recommended. Justify your response.

 

‘Case Study: Ghost Stories’  Please respond to the following:

Working in a strange and foreign culture while adhering to the project management guidelines can present challenges. A project manager must utilize information for project professionals working overseas, as well as work on virtual projects involving colleagues from different countries. From Chapter 15 of the textbook, describe the four major issues surrounding the management of international projects. Next, from the case study, determine which of the four issues that you identified best describes the problem of Lofgrin, the project manager. Support your response.

 

From the case study, determine Lofgrin’s problem, and recommend a strategy for Lofgrin to consider in order to resolve the problem. Next, create a three-level WBS for the strategy that you recommended. Justify your response.

 

BUS 517 Assignment 3 Project Presentation

 

BUS 517 Week 4

 

‘Estimating Time and Costs’  Please respond to the following:

  • It has been stated that managers recognize time, cost, and resource estimates as critical if planning, executing, and monitoring and controlling are to influence the success of the project. From the e-Activity, select a guideline that project managers can follow to develop useful and valuable work package estimates. Provide a rationale for your selection.
  • The factors that influence the quality of estimates depend on the type of project. Refer to your Week 3 Assignment 1, and determine at least two factors that have an impact on the time and cost estimate aspects of a project. Support your answer.

 

‘Case Study: Sharp Printing, AG’  Please respond to the following:

  • In the case study, Lauren used the brainstorming technique to generate ideas and gather the project requirements. Suggest at least three other group creativity techniques that she could use in order to increase the chances of the project’s success. Provide a rationale to support your response.
  • From the case study, recommend at least two estimating techniques for Sharp Printing’s mission-critical project. Provide a rationale for your recommendations.

 

BUS 517 Midterm Exam Answers

 

(1) Which of these is not part of the ‘technical dimension’ of project management?

 

(2) Which of the following activities is not considered a project?

 

(3) From among the following activities, which is the best example of a project?

 

(4) Which of the following constraints is not typically found in managing projects?

 

(5) In which of the following stages is it determined what the project will entail, when it will be scheduled, whom it will benefit, and what the budget will be?

 

(6) Integration of all project processes and practices to improve Project Management is due to

 

(7) A professional organization for project management specialists is the

 

(8) The waste on failed projects and cost overruns is estimated in the neighborhood of

 

(9) Project selection criteria are typically classified as:

 

(10) Which of the follow is not one of the commonly heard comments of project managers?

 

(11) Which of the following questions does the organization’s mission statement answer?

 

(12) A major project proposal form will likely include all of the following except:

 

(13) Which of the following would not be classified as an organizational threat?

 

(14) A project screening matrix typically contains all of the following except:

 

(15) Which of the following terms is often used to denote a project that a powerful, high-ranking official is advocating?

 

(16) Which of the following is not one of the characteristics of effective objectives?

 

(17) All are negotiated issues except:

 

(18) Kim is reviewing a proposed project. The scope of the project is narrow with a lot of in-depth expertise required and it will take a short period of time to complete. The best choice for organizing the project is ________ organization

 

(19) The Organizational Culture Diagnosis Worksheet classifies cultural characteristics into all of the following except:

 

(20) Organizational culture is best explained as organizational

 

(21) Which of the following combinations represents the extremes of project organization?

 

(22) The Macintosh development team at Apple is a good example of what kind of project structure?

 

(23) Projectitis is most likely to occur in the _______ organization structure.

 

(24) The project manager has the responsibility to answer which of the following questions?

 

(25) Which of the following cultural characteristics relates to the degree to which management focuses on outcomes rather than on techniques and processes used to achieve those results?

 

 

Midterm Part 2

 

(1) Research shows the most frequently mentioned barrier to project success is

 

(2) Scott has just been given a project that has a specific target date. After discussion with top management he finds that while the date is important the cost is more important and a slip in delivery would be acceptable if required to meet the cost targets. The target date is best classified as

 

(3) ‘To construct a high-quality, custom home within five months at costs not to exceed $150,000’ is best classified as

 

(4) Which of the following is not one of the items that would appear on a project scope checklist?

 

(5) The first step of project scope definition is to

 

(6) Which of the follow is least likely to be included in a Work Package?

 

(7) The integration of project work packages within the organization’s management structure is known as

 

(8) Creating an extranet website or an internal software database system would be most closely associated with the

 

(9) Ed is looking over the actual results of projects and comparing them to what was estimated. He notices that projects that took six months or longer to complete were noticeably more off the estimates. Which of the following factors is he recognizing?

 

(10) Learning curves are more likely to apply in situations where most of the costs are

 

(11) People working on prototype development needing time to interact with the design engineers after the design is completed is an example of:

 

(12) Jose is forecasting project time and cost for constructing a new building by multiplying the total square footage by a given dollar amount. Which of the following methods is he using?

 

(13) A good starting point for developing time and cost estimates is

 

(14) A manager getting further into a project and obtaining a better understanding of what needs to be done to accomplish a project is an example of:

 

(15) Resource shortages, in the form of people, equipment, or materials, is a good example of

 

(16) The approach that begins with a top-down estimate for the project and then refines estimates as the project is implemented is known as ______ method

 

(17) Which of the following is not one of the bottom-up approaches to estimating project time and cost?

 

(18) The stages of culture shock include all of the following except:

 

(19) When you begin to lose confidence in your abilities to communicate and work effectively in the different culture, you are in which of the following stages of culture shock?

 

(20) Which of the following is not contained in the Assessment Matrix Project Site Selection?

 

(21) As a response to the events of September 11, 2001, the moving of personnel, materials, and equipment across international borders has created border congestion with increased costs and time. This is an example of which of the following environmental factors?

 

(22) American project managers have earned a reputation abroad for being very good at understanding technology but not good at understanding:

 

(23) A major difference between working in Mexico and working in the United States is the perception of deadlines. This is referred to as:

 

(24) Communications difficulties because of different languages are examples of which of the following environmental factors?

 

(25) The growing presence of the Russian Mafia has discouraged many foreign firms from setting up operations in the former Soviet Union. This is an example of which of the following environmental factors?

 

 

BUS 517 Week 5

 

 

Unscheduled Project Time’  Please respond to the following:

  • Define “slack” in the project management environment. Next, as project manager, refer to Assignment 1 and give your opinion on why ‘slack’ is important to your project. Justify your response.
  • Determine the key differences between free slack and total slack in the project management environment. Provide an example or scenario of each type of slack to further justify your response.

 

 

‘Project Management Resourses’  Please respond to the following:

  • From the e-Activity, interpret the network computation process, and discuss the key terminologies and examples that helped you understand the network computation process.
  • From the case study, determine the critical path for the project, and indicate whether you recommend that G&E pursue the contact in question. Justify your response.

 

BUS 517 Week 6

 

‘Risk Management’  Please respond to the following:

  • History has shown that the chances of risk events occurring and their respective costs increasing can change over the project life cycle. As a project manager, select at least three risk events as they apply to a hypothetical project, and explain how you would address the risks you selected. Next, determine at least one strategy to mitigate each risk occurrence.
  • Differentiate between budget reserves and management reserves. Cite examples to explain your points.

 

‘What is Risk Management’  Please respond to the following:

  • From the e-Activity, select one project that you are undertaking or you have completed. Determine at least two additional analyses from the video that would help in facilitating the understanding of the risk management as it relates to your selected project.
  • The textbook emphasizes that “risk can never be completely eliminated. It can only be managed”. From the e-Activity, discuss how the video explains this statement. Next, analyze why the risk management process is essential to a project’s success. Include an example to support your response.

 

  • From the e-Activity, select one project that you are undertaking or you have completed. Determine at least two additional analyses from the video that would help in facilitating the understanding of the risk management as it relates to your selected project.

 

BUS 517 Week 7

 

‘Resource Scheduling’  Please respond to the following:

  • Determine three most common problems associated with multi-project resource scheduling. Next, analyze at least three ways in which outsourcing project work alleviates those common problems that you determined.
  • From the e-Activity, the project charter is a plan or a statement which shows the roles and responsibilities of all stakeholders. Analyze at least three ways in which the project charter can address the types of resource constraints inherent in a business project.

 

‘Reducing Project Duration’  Please respond to the following:

  • Determine two advantages and two disadvantages of reducing project scope to accelerate a project. Justify your responses with examples.
  • Per conventional wisdom, shortening project duration may come at the expense of overtime, the addition of personnel, and acquiring more expensive equipment and / or materials. Sometimes, cost savings can be generated by extending the duration of a project. Suggest at least two additional options that can be used to cut costs. Provide a rationale for your suggestion. Note: Make sure the options you suggested are NOT covered in Chapter 9 of the textbook.

 

BUS 517 Week 8

 

‘Being an Effective Project Manager’  Please respond to the following:

  • The PMBOK identifies some general management skills of project managers, including skills on communication, organization and planning, budgeting, conflict management, negotiation and influencing, leadership, and team building and motivation. Give your opinion as to why it is important for a project manager to build relationships before they are needed for project success. Provide an example to support your response.
  • Take a position on whether project managers are generalists or specialists. Justify your response with at least one example.

 

‘Ethical Project Management’  Please respond to the following:

  • From the first e-Activity, in the role of a project manager for a midsized company, suggest three to five ways you would communicate the PMI Code of Ethics to your project team during your weekly status meetings.
  • From the second e-Activity, determine at least four leadership skills that would enhance your team effectiveness. Provide a rationale to support your response.

 

‘Outsourcing’  Please respond to the following:

  • Take a position on the following statement from Chapter 12 of the textbook: ‘Negotiating is an art.’ Support your position with an example.
  • Provide at least three reasons why organizations outsource project work. Next, determine the key advantages of outsourcing project work.

 

‘Performance Measurement’  Please respond to the following:

  • Analyze the key differences between Budget At Completion (BAC) and Estimate At Completion (EAC). Discuss at least three ways project managers use BAC and EAC to communicate project progress.
  • Select a project on which you acted as the project manager, and evaluate the project schedule and cost status using the earned value as a performance measurement technique. Provide a rationale to support your response.

 

BUS 517 Week 10

 

‘Project Audit’  Please respond to the following:

  • Determine three major closure deliverables when implementing closure and review for a business project. Explain each deliverable with a corresponding example.
  • Per conventional wisdom, during the project audit, much time can be wasted if a formal method of project closure is not in place. Explain a systematic method of information handling, and determine at least three ethical responsibilities that the audits must follow.

 

‘Project Completion’  Please respond to the following:

  • From the e-Activity, select at least two worksheets that you think you can use for your project. Next, determine at least two benefits of using these worksheets as you prepare to complete your project.

Assume you are a project manager in a midsized organization, and there is a new project member joining in your team. Determine at least two major benefits of project management oversight to the organization to the new project teammate. Provide a rationale for your response

 

BUS 517 Week 11

 

‘Improved Project Management’  Please respond to the following:

  • Your final project for this course is now complete through Project Proposal, Project Charter, and Project Presentation. Share what you can utilize in your real-world projects to enhance project success.
  • Describe the most important piece of knowledge that you gained during this course.

 

‘Career’  Please respond to the following:

  • Discuss what you have learned in this course that will help you in your current or future career.
  • It is believed that those starting in project management should take advantage of every opportunity to develop and expand their project management skills. Determine at least four ways that this can be accomplished.