Project management financial assessments

 

 

 

Using your course materials, the textbook, the library, and the academic quality resources, research the following:
The value of Program Evaluation and Review Technique (PERT) estimating
The value of Critical Path Method (CPM)
The value of schedule compression techniques
Risk matrices
The value of Earned Value Management (EVM)
In 750-1,000 words, address the following:
Explain how each of the above project management elements or concepts affect the scheduling and controlling of a project.
Explain how the above project management elements or concepts affect a project manager’s ability to make project and segment trade-offs.

 

 

Requirements and restrictions of a project

 

Kirk (2016) tells us that all requirements and restrictions of a project must be identified. Select 1 key factor below and discuss why Kirk (2016) states it will impact your critical thinking and shape your ambitions:

People: stakeholders, audience.
Constraints: pressures, rules.
Consumption: frequency, setting.
Deliverables: quantity, format.
Resources: skills, technology
Reference: Kirk, Andy. Data Visualisation: A Handbook for Data Driven Design (p. 50). SAGE Publications

 

 

Project management

 

John has just been assigned as the Project Manager for a new software system implementation. In his past projects, he has learned a lot about the human factors aspect of running projects, and why these are so important. In meeting his team, he quickly assessed that there are several very strong personalities within the individuals and some likely frictional combinations. John was also given some background around the project sponsor and benefiting departments. It appears that the accounting department really likes their current system, and is not on board with the goal of this project, which is replacing it. The other impacted departments: sales, procurement, and finance are all lukewarm to the benefits and haven’t been fully convinced.

Taking what you have learned in this unit with regard to the human factors of project management, assess this situation and discuss how you would use people, team and organizational factors to increase the likelihood of the project’s success.

Each student should write a 1-2 page paper, 300-400 word minimum, explaining how they would leverage these human factors in their own project management style to ensure that their projects were successful and achieved the desired goals.
Make sure as part of your paper you address the following:
How you would use the people factors to address the strong personalities of the individual team member?
How you would use the team factors to reduce the likelihood of friction due to the personalities and dynamics
How you would use the overall organizational factors to address the lack of sponsorship buy-in and organizational support the project currently has?

 

 

 

PROJECT: Genealogy

 

 

 

 

 

 

 

 

 

Create a genogram that describes family emotional interactions between family members and highlights significant societal issues (substance abuse, health/mental illness, SES, etc…
Use communication skills to interview at least 3 family members for this paper.
Describe your family of origin and the significant emotional relationships in your family system. How do they impact you?
Articulate how family values/beliefs/traditions/societal issues, and emotional connections (i.e. divorce, family conflict/alliances etc…) have shaped your values/beliefs, attitudes, relationships, and goals.
Describe what family values/beliefs/traditions/societal issues and emotional connections (i.e. divorce, family conflict/alliances etc…) that you fully embrace and others that you reject or find challenging.
Reflecting upon your genogram, describe what strengths and relationships have you developed to address personal challenges and goals in your life.

 

 

Project risk management

 

Scenario: Building on your first four papers, You are an entrepreneur in the process of researching a business development idea. As you create a high-level Information Technology (IT) strategy for your new enterprise, it is important to address risks to IT. A Project Risk Management Plan will guide the process of identifying enterprise risks and the appropriate steps to mitigate and manage the risks. The Data Collection Plan is intended to describe a high-level process for applying enterprise resources in identifying, analyzing, and mitigating IT risks. The Risk Management Plan is a working document, which is expected to change over time as new project details emerge.

Home Insurance Needs Project and Narrative

 

Ken and Beverly Austin continue to run into unfortunate incidents. Upon returning home from their New York
City vacation, the Austin’s discovered that the apartment building had a fire. The apartment building firm
destroyed all of their personal property. Although their personal property had been depreciated or the actual
cash value of all their property was $5,000, it will cost the Austin’s about $37,000 to replace all of their lost
items. How much will the insurance company pay for their loss? Using the Home Insurance Needs Worksheet
calculate how much insurance the Austin family should have had.

Project evaluation

 

Develop a scenario where you are a project manager and have the option of accepting 3 different projects. Utilize an unweighted factor scoring model to analyze which project you should accept. Develop between 5-7 items to be evaluated for each of the projects. In a paper of 3-5 pages, discuss each project, and provide a basic background for each; then, present a chart detailing the relevant factors to be analyzed using the unweighted factor scoring model. Finally, discuss which project was chosen based on the quantitative and qualitative data provided and explain why.

Project Management Office

 

Recognized as one of the PMO’s most-important functions, PMO project planning comprises a wide range of activities, including risk management. Address the following discussion topic key elements:

Describe the integration of risk management planning in PMO project planning.
Identify a specific risk assessment tool that may be integrated into PMO project planning.
Illustrate a scenario example using the designated risk assessment tool.

Primary Source Analysis

 

For this assignment, you will analyze one of the attached document in five-eight sentences. Look at who wrote it, why they wrote it, when they wrote it (historical context), who the audience may have been, the influence this document may have had on the period, etc.

The Avalon Project _ President Jackson’s Proclamation Regarding Nullification, December 10, 1832.pdf
Avalon Project – South Carolina Ordinance of Nullification, November 24, 1832.pdf
Transcript of Missouri Compromise (1820).pdf
Transcript of Kansas-Nebraska Act (1854).pdf
Transcript of Compromise of 1850 (1850).pdf