MGMT 404 Project Management Entire Course

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MGMT 404 Project Management Entire Course
The objective of the Course Project is to give you an opportunity to apply the skills learned in…

Description

MGMT 404 Project Management Entire Course

MGMT 404 Project Management Entire Course

MGMT 404 Entire Course: Course Project Week 2-8 | Getta Byte Homework Week 1-6 | Discussions Week 1-7

MGMT 404 Course Project Week 2-8

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The Daily Priorities App Development project involves the development of the Daily Priorities app

Objectives

The objective of the Course Project is to give you an opportunity to apply the skills learned in class to plan a project. These skills are directly applicable toward your senior project.

Guidelines

This individual Course Project provides an opportunity for you to practice and apply specific project management skills. This is a great opportunity to select a project that will further your professional or personal goals.

  • What is your passion?
  • What have you been thinking about starting, or what could help you in your current position?
  • Think about selecting a project that will serve you so that you will be creating a project plan that you can use.

Suggestions for Possible Course Project Ideas

  • The opening of a coffee shop
  • A charity event for a local social service agency
  • A meditation pool and platform in the center of town
  • A redevelopment of a local playground
  • Design and installation of a computer network for a small business
  • Software development project

You are not limited to the list of projects above. Please refer all questions concerning what is acceptable as a class project to your instructor.

Milestones

Milestones and Deliverables

  • Due Week 2: Project Charter (50 points)
  • Due Week 3: Project Scope Statement (50 points)
  • Due Week 4: Work Breakdown Structure and Project Schedule (100 points)
  • Due Week 5: Resource Allocation and Preliminary Budget (100 points)
  • Due Week 6: Risk Management Plan (50 points)
  • Due Week 7: Stakeholder Management and Communication Plan (80 points)
  • Due Week 8: Final Course Project Plan and Project Narrated Presentation (250 points)

MGMT 404 Project Charter – Course Project Week 2

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The Daily Priorities App Development project involves the development of the Daily Priorities app

Project Charter (50 points)

This week, you will be selecting your project and developing the charter. The following are some possible project ideas. But don’t feel that you are confined to them.

  • The opening of a coffee shop
  • A charity event for a local social service agency
  • A meditation pool and platform in the center of town
  • A redevelopment of a local playground
  • Design and installation of a computer network for a small business
  • Software development project

Think about the following as you select your project.

  • What is your passion?
  • What have you been thinking about starting, or what could help you in your current position?
  • Think about selecting a project that will serve you so that you will be creating a project plan that you can use.

For additional instructions and guidelines, refer to the Course Project Overview page, located under Introduction and Resources.

Your charter should contain the following information.

Please use the template provided in the Files section: filename: MGMT404_Project_Charter_Template_Updated.docx

  • Mission/Purpose
    • What is your project going to accomplish?
  • Project and Product Description
    • What will this project create? How do you plan on completing the work of this project (high level)?
  • Objectives
    • What objective will be met? Provide a high-level objective statement from a business perspective. For example, how much market share by when?
  • Milestones
    • What are the key milestones?
    • What has to be accomplished in what order for this project to be successful?
  • Budget
    • High-level, rough-order-of-magnitude (ROM) budget
  • User Acceptance Criteria
    • What are the minimum standards of success as defined by stakeholders, including customers, investors, community, regulatory bodies?
  • High-Level Assumptions
    • What statements do you believe to be true or will become true about the project but that you are not sure are true at this time?
  • High-Level Constraints
    • What are the limiting factors that affect this project?
  • Exclusions and Boundaries
    • What are the boundaries of this project? What will it exclude? For example: There will be no deep fried products for sale in the coffee shop. There will be no desserts for sale in the coffee shop.
  • Major Risks
    • What are those uncertain events that may impact this project positively or negatively?
  • Key Stakeholders
    • Who are those individuals or groups who are impacted positively or negatively by this project?

Preview:

This project aims to develop the Daily Priorities app, Axievers LLC’s first in its line of productivity apps. It will also…

MGMT 404 Project Scope Statement – Course Project Week 3

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The Daily Priorities App Development project involves the development of the Daily Priorities app

  • Complete and submit the Project Scopein MS Word (50 points)

This week, you will create and submit your Project Scope Statement Template. See the Course Project Overview page under Introduction and Resources for details.

Your assignment is to provide a Project Scope of your selected project in accordance with the charter template found in Files and linked here.

Please put this in correct business writing format. Consider me to be your boss. The scope is critical to your project plan. It forms the backbone of your project.

For additional instructions and guidelines, refer to the Course Project Overview page, located under Introduction and Resources.

Summary of the Project Scope Sections

  • Project Description:In this section of the scope statement, we specifically elaborate on what the project will create. One should also discuss here how the project team plans to accomplish this project. This section should be quite detailed, because it creates the basis for the entire project. This section should be based on information found in the project’s charter. This section usually begins with an overview of the project.
  • Project Requirements: In this section, describe the conditions or tasks that must be completed to ensure the success or completion of the project. Provide a clear picture of the work that needs to be done.
  • Deliverables:Deliverables are tangible items or services created for this project. These are generally big-picture items. For example, if the project was to build a shopping mall, the foundation, walls, roof, and parking lot might be examples of deliverables.
  • Exclusions: What is not included in the project? Returning to our example of a shopping mall, is the layout of each store part of the project, or is that the responsibility of the soon-to-be tenant? These exclusions set the boundaries for the project.
  • Acceptance Criteria:Project acceptance criteria are the criteria the stakeholders use to judge whether the project was successful or not. What must this project create in order for the sponsor or customer to be satisfied with the results?
  • Estimated Project Schedule: Include a high-level project schedule. Include major milestones and phases of the project.
  • Resource Requirements: Describe what kind of resources are required for this project in terms of human resources as well as equipment or any other types.
  • Preliminary Budget: This should be more detailed than in the project charter describing costs for major groups such as labor, materials, equipment, or any other major project costs. Include an estimated total.
  • Project Constraints: Project constraints are limitations placed on the project. Many of them are placed by individuals outside of the project. These limitations could be laws, regulations, rules, policies, procedures, or customer or sponsor requirements. Let’s say we are only given a budget of $5 million to build our mall. That $5 million is a constraint to the project, because we have no more money than that to complete the project.
  • Project Assumptions: Project assumptions are those things we believe to be true without proof for planning purposes. For our mall, we could assume that all the materials we need to build will be available when we need them. We have no way to know this for sure during project planning, thus it is an assumption for our project.

Preview:

The Daily Priorities App Development project involves the development of the Daily Priorities app. Its main features include scheduling/planning…

MGMT 404 Resource Allocation and Preliminary Budget – Course Project Week 4

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The Daily Priorities App Development project involves the development of the Daily Priorities app

Resource Allocation: MS project file (.mpp) updated with resource assignments and cost

Preliminary Budget: MS Word file with a report of project budget and resource management

For additional instructions and guidelines, refer to the Course Project Overview page, located under Introduction and Resources.

Part 1: Project Budget (Cost Management)

  1. Explain your approach to estimating the project cost (e.g., top down, bottom up, etc.) and why that method was chosen.
  2. Create a table that shows the original budgeted cost (from the charter) and the actual budgeted cost (side by side). Include line items for labor, materials, contract, equipment, travel cost, and so on.
  3. Compare the budget from the charter to the final budget, and explain any variances that occurred from your original budgeted cost in the project charter and the current project cost. (Include your original estimated cost for the project.)
  4. Explain your budget contingency plan and how much is budgeted for contingency.

Part 2: Resource Management

  1. Explain the results of your resource assignments. Did you assign enough people to the project? Were there any resources overallocated? What approach will you take to fix any allocation problems?
  2. Develop a plan to manage your project team, and define how you will motivate your team and how you will handle team conflicts.
  3. What structure would you select for your project: functional, weak matrix, balanced matrix, strong matrix, or pure project? Why?

Preview:

The top-down approach was used for estimating the project cost, as  the duration of each task, the number of resources needed, and the cost of each resource were largely based on data from previously completed projects. This is also based…

MGMT 404 WBS and Project Schedule Week 5

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The Daily Priorities App Development project involves the development of the Daily Priorities app

Resource Allocation and Preliminary Budget (100 points)

Deliverables for Week 5:

  1. MS Project file with schedule and allocated resources with associated costs (50 points)
  2. MS Word file with report of project budget and resource management (50 points)

Follow these steps to set up your Course Project with Microsoft Project 2016.

Step 1: Allocate Resources

Once you have the WBS created in MS Projects, assign resources to each activity. Remember, only assign resources to activities, not summary tasks. Before you can do this, you need to create a resources sheet in MS Projects.

To Create a Resource Sheet, do the Following.

  1. Click on view, resource sheet.
  2. Enter the resource name, whether it is a human resource, a cost, or a material.
  3. Include hourly rate or other costing method.
  4. For materials, designate the resource as work and identify cost for use (i.e., cost per yard).

To assign your resources to the aligned tasks in MS Project, follow the steps below.

To assign Resources

  1. Choose view—Gantt chart.
  2. Select resource tab
  3. Highlight the first task.
  4. Click on the double headed icon on the upper tool bar (assign resources), or click Alt-F10.
  5. In the resource assignment window, select the appropriate resource for each activity.

Repeat for all resources and activities according to the resource list above.

Step 2: Review Costs

  1. Right click above last column.
  2. Select insert column.
  3. Select costs.

The costs will appear and roll up to summary tasks. You have now created your preliminary budget.

Step 3: Analyze Your Resource Allocation and Assignments

There are several methods to check for overallocated resources.

  1. Click on view, resource sheet—Resource(s) in red color are overallocated.
  2. Click on view, resource usage—Resource(s) in red color are overallocated resource(s) by date.
  3. Click on project, reports. A dialog box appears, click on assignments then select. Then click the report for overallocated resources, and then select to print or view.
  4. Remember with resources you need to assign how much time (by a percentage) each resource will be allocated to each activity. Simply lowering a given percentage may clear an overallocation, but this is not possible. Overallocations usually mean that the project requires an additional resource or the timing of the tasks has to be made concurrent.

Step 4: Project Budget (Cost Management)

  1. Explain your approach to estimating the project cost (e.g., top down, bottom up, etc.) and why that method was chosen.
  2. Create a table that shows the original budgeted cost (from the charter) and the actual budgeted cost (side by side). Include line items for labor, materials, contract, equipment, travel cost, and so on. Use the costs you now have in your schedule to compare to your charter costs.
  3. Compare the budget from the charter to the final budget, and explain any variances that occurred from your original budgeted cost in the project charter and the current project cost (include your original estimated cost for the project).
  4. Explain your budget contingency plan and how much is budgeted for contingency.

Step 5: Resource Management

  1. Explain the results of your resource assignments. Did you assign enough people to the project? Were there any resources overallocated? What approach will you take to fix any allocation problems?

Develop a plan to manage your project team, and define how you will motivate your team and how you will handle team conflicts.

  • WBS Outline: in a Word document (50 points)
  • Project Schedule: the MS Project file (.mpp) saved from the Tracking Gantt chart screen (50 points)

You must download MS Project from the software store or access it through Virtual Lab (Citrix). If you have had any difficulty with this, please let your professor know.

You will create a Work Breakdown Structure (WBS) for the project you selected and the scope you have created. See the Course Project Overview page under Introduction and Resources for details.

Remember that the WBS starts with your major deliverables (that you stated in your scope management plan) at the highest level. The lower levels have the work package required to complete those deliverables.

Review the lesson and textbook (and the PMBOK® Guide, if you have it) for some suggestions on how to create a WBS. From your work breakdown structure, develop a project task list with dependencies and add durations, using MS Project.

For additional instructions and guidelines, refer to the Course Project Overview page, located under Introduction and Resources.

Develop the work breakdown structure first in MS Word as a hierarchical list in outline form. It should look like this…

MGMT 404 Risk Management Plan Week 6

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The Daily Priorities App Development project involves the development of the Daily Priorities app

Using the Risk Register Template spreadsheet found in Files section (50 points)

Remember, a risk is an uncertain event or condition that can have a positive or negative impact on the project.

This week, you will:

  • Identify and analyze your project risks
  • Complete a risk register as the foundation for your risk management plan
  • Evaluate each task in your project schedule to identify any risk factors associated with the execution of the deliverable
  • Add your list of risks to the risk register template in Files section

The number of risks will depend on the project deliverables in your schedule; however, 5 risks are the minimum. Use the Risk Register template in the course Files. Fill in the fields completely. There is a sample risk for you to use as a reference.

For additional instructions and guidelines, refer to the Course Project Overview page, located under Introduction and Resources.

MGMT 404 Final Course Project Plan Week 7

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The Daily Priorities App Development project involves the development of the Daily Priorities app

Communication Plan (40 points)

The process of developing an appropriate approach and plan for project communication activities based on the information needs of each stakeholder group, available organizational assets, and the needs of the project. In other words, it lists the general communication requirements for the project.

This week, you will create a simple communication plan for the execution of your project. Complete the Communications Plan Template found in the Files section.

Stakeholder Management (40 points)

Stakeholder management is a critical process in project management. Failure to identify stakeholders who can influence the project can have increase the probability of project failure. Each stakeholder or stakeholder group has unique characteristics in terms of influence, impact, authority, and communication requirements. The stakeholder management plan informs the communication plan.

  • Identify each stakeholder and include influence, interest, and support.
  • Define the approach to each stakeholder or stakeholder group, communication method, and frequency.

Ninety percent of project management is communication. It requires preparation and planning. Prepare a communication plan for your project using the Communication Plan.  linked here, or located in Files. You have already had some practice using this template when you were helping the team at Getta Byte Software.

MGMT 404 Final Course Project Plan Narrated Week 8

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The Daily Priorities App Development project involves the development of the Daily Priorities app

  • Create the Final Course Project Plan Narrated Presentationusing PowerPoint (125 points)

Your Final Course Project Plan Narrated Presentation should include 8–15 slides in length to summarize your Project Plan.  (For On Site Class formal presentation will be expected)

  • Title Slide
  • Executive Summary
  • Business Case (Summary from Charter)
  • Scope Summary
  • Work Breakdown Summary
  • Budget & Resources

Final Course Project Plan Week 8

A complete MS Project Plan with Predecessors, Resources and Costing.

Also must have a minimum of 50 tasks and illustrates Summary Tasks.

This should include appropriate input from all course deliverables such as:

  • Project Charter
  • Scope Statement
  • Work Breakdown Structure
  • Budget and Resource Allocation Plan
·         CategoryPoints%Description
Documenting, Formatting, Spelling and Grammar20 16%The deliverable should be formatted correctly as a business document and should use APA formatting for cited sources. Spelling and grammar must be accurate.
Organization and Cohesiveness30 24%The deliverable should be created and organized using standard template or equivalent, The paper follows a logical sequence.
Content includes all critical areas of Project Plan75 60% All of the elements of the project plan must be included with logical recommendations and conclusions
Total 125 100% A quality paper will meet or exceed all of the above requirements.

Rubric for the Project Plan Presentation

CategoryPoints%Description
Documenting, Formatting, Spelling and Grammar2016%Presentation should be clear. Slides should be legible. Spelling and grammar must be accurate.
Organization and Cohesiveness3024%The deliverable should be created and organized using standard template or equivalent, The paper follows a logical sequence.
Content includes all critical areas of Project Plan7560%All of the elements of the project plan must be included with logical recommendations and conclusions
Total125100%A quality paper will meet or exceed all of the above requirements.

Microsoft Project Tutorials

This course requires use of Microsoft Project. The software is available from the Student Software Store or from the Citrix Lab under Course Resources. You may also use a personal copy of the software.

If you are unfamiliar with Microsoft Project, or if you need a refresher, there are some excellent tutorials for various functions on this.

Preview:

This project plan describes the plan for developing the Daily Priorities app, a scheduling app by Axievers LLC. It provides information…30 Pages

16 PowerPoint Slides and Work Breakdown Structure

MGMT 404 Getta Byte Software Project Charter Week 1

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In the Week 1 Lesson Video, you were introduced to the team at Getta Byte Software. Your assignment this week is to discuss the billing project charter and submit a one- to two-page paper. Consider what additional risks, assumptions, or requirements Getta Byte should include in this charter.

  • What have they missed?
  • What would you add if you were the project manager?

Preview:

The Getta Byte Software Project involves the update of the company’s billing system, which is currently manual, inaccurate, and time-consuming.  While the…

MGMT 404 Getta Byte Software Project Scope Statement Week 2

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Now that you’ve seen what the Getta Byte team discussed (in the Week 2 Lesson Video) to formulate the project scope for the billing project, write and submit a one- to two-page paper about what was included in the scope and what may have been missed.

  • What do you think the team should consider to include in the scope?
  • Do you believe that this project could work as an Agile project? If so, what would have to be done with the project scope?

Preview:

The scope statement for the Getta Byte Software project includes the project name, the project description, project requirements, project deliverables, exclusions, acceptance…

MGMT 404 Getta Byte Software Project Schedule Week 3

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After reviewing the Week 3 Lesson Video for Getta Byte Software, write and submit a one- to two-page paper on what Ima Payne, the project manager at Getta Byte Software, put together for her preliminary project schedule. Address the following questions.

  • What types of information have we learned about the Getta Bill project by reviewing the project schedule and all the information used to generate it?
  • If Ima made the decision to try to use the Agile Methodology for the Getta Bill project, what should she do?
  • How could the WBS help the next step to plan using Agile?

Preview:

For the project schedule, Ima Payne first listed the milestones that need to be completed to ensure the project’s successful completion…

MGMT 404 Getta Byte Software Resource Allocation Week 4

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In the Week 4 Lesson Getta Byte Software video, Resource Allocation, you observed how Ima assigned resources to tasks. Imagine that the project sponsors requested that this project be completed by August 1 instead of September 1.

Answer and submit the following questions in a one- to two-page paper.

  • What would you do?
  • How would you crash or fast-track the schedule?
  • Could this project be an Agile project? What would be different about it?

Preview:

If I were Ima Payne, and the project completion date was moved from September 1 to August 1, I would ask either for the project scope to be limited to the most important components of…

MGMT 404 Getta Byte Software Risk Management Week 5

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Review the Week 5 Lesson Getta Byte Software Video.

As you continue to help Ima at Getta Byte, write and submit a one- to two-page paper to consider the following questions for the Getta Bill project.

  • How should the risks be prioritized?
  • Who should do the prioritization of the project risks?
  • How should project risks be monitored and controlled?
  • Who should develop risk responses and contingency plans?
  • Who should own these responses and plans?

For additional instructions and guidelines, refer to the Course Project Overview page, located under Introduction and Resources.

Preview:

Risks should be prioritized based on their probability of occurrence and the severity of their impact in the event that they do occur. In this regard, risks with a…

MGMT 404 Getta Byte Software Stakeholder Management and Communication Plan Week 6

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Review the Week 6 Getta Byte Software Video.  Based on the Getta Byte team the stakeholder management and communication plans development, complete the files linked below with your recommendations.

  • Add frequency and methods of communication to the Stakeholder Management Plan.
  • Add additional forms of communication to specific stakeholders to the Communication Plan.

For additional instructions and guidelines, refer to the Course Project Overview page, located under Introduction and Resources.

Files for the Getta Byte Homework:…

Preview:

A stakeholder management plan is a significant, success-ensuring artifact to include in your project toolbox and to use during the life…

MGMT 404 Discussions Week 1-7 All Students Posts 322 Pages

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MGMT 404 Widgets R Us Discussions Week 1 All Students Posts 48 Pages

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The Widgets ‘R Us case study is a case with a problem of how the company is set up and how the company will handle operations with its projected growth.

Widgets ‘R Us (WRU) is a mediumsized firm specializing in the design and manufacturing of quality widgets. The market for widgetshas been stable. Historically, WRU has had a functional organization design with four departments: accounting, sales, production, and engineering. This design has served the company well, and it has been able to compete by being the low-priced company in the industry.

In the past 3 years, the demand for widgets has exploded. New widgets are constantly being developed to feed the public’s seemingly insatiable demand. The average life cycle of a newly released widget is 12–15 months. Unfortunately, WRU is finding itself unable to compete successfully in this new, dynamic market. The CEO has noted a number of problems. Products are slow to market. Many new innovations have passed right by WRU because the company was slow to pick up signs from the marketplace that they were coming. Internal communication is very poor. Lots of information gets kicked “upstairs,” and no one seems to know what happens to it. Department heads constantly blame other department heads for the problems.

What would be the meeting agenda and expected outcomes?  How could they use either social media or internet search results to get ahead of the market and collect information?  What about re-tooling the Marketing team, how would you go about that?  Assume there are some lax or poor communicators (at the top), how would you “discover” them?  How would you handle this?…

MGMT 404 Project Management at Dotcom.com Discussions Week 2 All Students Posts 46 Pages

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Read Case Study 5.3 in your textbook, page 192

Dotcom.com is a software engineering and systems development consulting firm that needs some organizational improvements in the area of project management processes that will cut cost and potentially increase the profit margin for the company.

Share your answers for the following questions.

  • Discuss how you would begin redesigning dotcom.com’s project management processes to minimize the problems it is experiencing with poor scope management.
  • Why do you think configuration management and project change control are difficult to perform in the middle of a complex software development project, such as those implemented at dotcom.com?
  • Share any experiences you have with project change requests.

Begin by focusing on the first bullet, which IMHO tends to the point that the customer/client does not know what they want, and worse once they see the deliverable, it becomes even more apparent that what was built is not what they expected.  How would you address these points?   We will move to the other bullets over the week.

It is both gathering the right information and garnering what the client really wants/guide them.

Do you think intermediate mocks up and reviews would be beneficial?  So assume you have a signed off agreement by the client and sure enough they now want to change something, so how would you manage Scope Creep?  Change Control?  How exactly?  If a change control is approved and “alternations” are required, how to you handle this?  What about a team that can educate the client, sharing what other similar solutions would offer?  Your thoughts?…

MGMT 404 Project Schedule Discussions Week 3 All Students Posts 52 Pages

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To develop a schedule for a project, we will use MS Project which when built correctly shows work activities taken from the work breakdown structure and organized according to the logical flow in time and relationships governing when the work will be performed.

Address the following questions.

  • What is critical path?
  • How would you build up the list of tasks and work packages for MS Project?
  • How will you create a budget, including resources (people), hardware, software, licenses?

More specifically what are the steps to create the task list?  How would you build up the task list of activities?  Whom do you work with?  How do deliverables relate to work packages to tasks?  One method I like is when building the project, start from the end (desired due date) and work backward to see of you can deliver on time.  If the critical path sets you over the time limit, what can you do to bring it in?…

MGMT 404 The Problems of Multitasking Discussions Week 4 All Students Posts 42 Pages

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Read the Case Study 12.1 from the textbook, page 446: The Problems of Multitasking. For your convenience, here is the text for this Case Study.

An eastern U.S. financial services company found itself way behind schedule and over budget on an important strategic program. Both the budget and schedule baselines had begun slipping almost from the beginning, and as the project progressed, the lags became severe enough to require the company to call in expert help in the form of a project management consulting firm. After investigating the organization’s operations, the consulting firm determined that the primary source of problems both with this project in particular and the company’s project management practices in general was a serious failure to accurately forecast resource requirements. In the words of one of the consultants, “Not enough full-time [human] resources had been dedicated to the program.”

The biggest problem was the fact that too many of the project team members were working on two or more projects simultaneously—a clear example of multitasking. Unfortunately, the program’s leaders developed their ambitious schedule without reflecting on the availability of resources to support the project milestones. With their excessive outside responsibilities, no one was willing to take direct ownership of their work on the program, people were juggling assignments, and everyone was getting farther behind in all the work. Again, in the words of the consultant, “Project issues would come up and there would be nobody there to handle them [in a timely fashion].” Those little issues, left unattended, eventually grew to become big problems. The schedule continued to lag, and employee morale began to bottom out.

Following their recognition of the problem, the first step made by the consultants was to get top management to renegotiate the work assignments with the project team. First, the core team members were freed from other responsibilities so they could devote their full-time attention to the program. Then, other support members of the project were released from multitasking duties and assigned to the project on a full-time or near full-time basis as well. The result, coupled with other suggested changes by the consultants, was to finally match up the project’s schedule and activity duration estimates with a realistic understanding of resource needs and availability. In short, the program was put back on track because it was finally resource-leveled, particularly through creating full-time work assignments for the project team that accurately reflected the need to link resource management with scheduling.

(Pinto, Project Management, Achieving Competitive Advantage, Pearson, Copyright 2019, page 446)

Answer the following questions

  1. How does multitasking confuse the resource availability of project team personnel?
  2. In modern organizations, it is impossible to eliminate multitasking for the average employee. Why?
  3. How would resource loading or resource leveling help address multitasking situations?

Can you/how would you reflect duration vs hours worked in MS Project?  In the context of MS Project, how would I know that a resource is “overloaded” and how would I level them?  So at project on-set is it possible to reduce multitasking?  How?…

MGMT 404 Risk Management Practice Discussions Week 5 All Students Posts 47 Pages

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Risk management is critical to good project management practice. Discuss the risk management process.

  • What are the tools and techniques used for identifying risks?
  • Who should be involved in identifying risks?
  • What should be considered when identifying risks?
  • What process is used in analyzing risks?
  • What is most important to consider when formulating a risk response strategy?

IMHO we should be looking at both Risks and Issues during this discussion.  Also the use of a Risk Register.  Finally what is an ExCo Risk verse regular risk?  At project inception, should you include Risks in the Charter?  So folks, what is “residual risks” then?…

MGMT 404 Finding the Emotional Intelligence Discussions Week 6 All Students Posts 45 Pages

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Read Case Study 4.2 from the textbook, page 147: Finding the Emotional Intelligence To Be a Real Leader.

  1. What are the differences between leaders and managers?
  2. Can anyone be a leader? Which would you prefer to work for: a leader or a manager? Why?
  3. Select one of the characteristics of an effective project manager, and tell why it is important.
  4. Is leadership of a project different in an Agile environment than in a traditional project environment?

Focus on what Kathy could have done correctly from the start and how she could have been both a leader and a manager.  How would you describe a project manager in terms of leader/manager?  Give me examples of people in the public eye that you believe are leaders and visionaries and why?…

MGMT 404 Project Baseline Discussions Week 7 All Students Posts 42 Pages

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We have now moved from the planning stage to the execution stage of project management. Following good project management practices, we have set a baseline. How is a project baseline used to guide the execution of the project’s work, to evaluate progress and performance, and to control the project?

How do you set and track the baseline within MS Project and in terms of KPI (Key Performance Indicators) and costs analysis?

Start off with how to track progress against the baseline.  How is this feature enabled in MS Project?  How do you show critical path in Project?  What is the process to set the baseline? Formally.  Is there such as thing as a Tracking Gantt in MS Project?…