MGMT404 Discussions Week 1

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MGMT404 Discussions Week 1
MGMT 404 Case Study: Keflavik Paper Company and Case Study: Widgets ‘R Us 

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MGMT404 Discussions Week 1

MGMT404 Discussions Week 1

All Student Posts – 134 Pages

Case Study: Keflavik Paper Company – 67 Pages

You must use VoiceThread to create your first post for each Discussion Topic. (Text for subsequent posts is fine.) You must review and comment on at least 2 other VoiceThreads from other students during the week.

Read Case Study 3.1

The Keflavik Paper Company is a case with a problem in determining a project management process for new product development.

Answer the following questions:

  • What does this case demonstrate about the effect of poor project screening methods on a firm’s ability to manage projects effectively?
  • How would project portfolio management help to improve the situation at Keflavik?
  • If you think about it, all business problems are case studies. To effectively evaluate the situation, you must approach the problem in a methodological manner. A proven technique to do this is to do the following:
    1. list the facts;
    2. identify the issues;
    3. based on the facts of the case and your knowledge, analyze the issues of the case;
    4. prepare recommended solutions and their possible outcomes;
    5. implement the optimal solution (not always the one with the best outcome, because the cost or other things could be impractical); and
    6. monitor the implementation and outcomes.

So when you read and prepare to respond to this case, please follow the above guidelines. I don’t necessarily expect you to perform Steps 4–6, but I do expect your response to be based on the facts and your knowledge. Remember—your first impressions may not be correct!

What are the benefits and drawbacks of checklists as a method for screening project alternatives?  How hard is it today for companies?  If you do the right thing for the long run you will likely be sued by those seeking short term returns.  How much rigor is good enough?  Too much may be burdensome and cost us in other ways.  Thoughts?…

Case Study: Widgets ‘R Us – 67 Pages

You must use VoiceThread to create your first post for each Discussion Topic. (Text for subsequent posts is fine.) You must review and comment on at least 2 other VoiceThreads from other students during the week.

Read Case Study 2.4

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.

Answer the following questions:

  • You have been called in as a consultant to analyze the operations at WRU. Based on the readings, what would you advise Widgets ‘R Us to do in order to sustain the competitive advantage in the widget market?
  • What structural design changes might be undertaken to improve the operations at the company?

Given your reading, consider a medium-sized company that has decided to begin using project management in a wide variety of its operations. As part of its operational shift, it is going to adopt a project management office somewhere in the organization. Make an argument for the type of PMO it should be adopting (weather station, control tower, or resource pool). What are some key decision criteria that will help it determine which model makes the most sense?  Obviously it is better if our culture and processes support this from the outset.  Does WRU’s?  Can we tell?  It is one thing to be responsible and accountable but you need the authority to do your job or the rest is just a recipe for frustration.  Have you seen situations where the accountability and authority are not aligned?…