Reference no: EM131114589
Project with No Direction: Scenario: A major national insurer decided to evolve new business development practices. The project to implement this idea started in 2000 and was led by a succession of key senior vice presidents (VPs) as part of their executive growth. Twelve years later, the organization had still not finished with its stated purpose due to changing requirements, new ideas, a succession of leaders, and executive ambivalence. This effort had all the appearance of a major strategic initiative—three hundred people, a "war room" with a great storyboard, and lots of spokespersons. Key staff members were quick to extol the great progress made. However, when the new CEO asked, "Why are we doing this?" there was no coherent answer. Result: Within days, the entire program was scrapped. In less than a week, the project offices were vacant and phone calls went unanswered. When the project died, no one noticed except the executives who had been the project advocates. They were out of a job.
Explain the root cause of this situation. There was a huge disconnect between project management and the organizational strategy and strategic direction in this scenario. If so, how could this gap have been bridged?
Analyze the triple-constraints relationship among the project scope, cost, schedule, and quality. If quality is held constant and the scope is widened, what will happen to the cost and schedule?
Explain a WBS created for a project you have worked on. Was a WBS created for a project you have worked on? If so, did the team refer to the WBS while sequencing work and creating a risk plan? What was the outcome? If not, describe how the team determined tasks and sequencing. Evaluate the outcome. Cite additional challenges to a project that might result from poor work breakdown practices.
The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response. Justify your answers with examples and reasoning. Comment on the postings and views of at least two peers. Your posting should be the equivalent of 1 to 2 pages (500–1000 words) in length.
Research Paper Using the practices of Strategic HRM
: Research Paper Using the practices of Strategic HRM, complete a APA research paper. Using your text, one or more professional interviews, at least two scholarly resources and other general resources, conduct research on the practices of HRM and the s..
|
Advantage of managing diverse workforce
: Which of the following is an advantage of managing a diverse workforce?
|
Determine ideal minimum number of workers required on line
: A product whose work content time = 47.5 min is to be assembled on a manual production line. The required production rate is 30 units per hour. From previous experience, it is estimated that the manning level will be 1.25, proportion uptime = 0.95, a..
|
Implications of firm failure to understand that environment
: What parts of the external environment (general, industry, and competitive) segments do you think BP considered or didn’t consider prior to their drilling off the Gulf Coast? What should the wedding business owners now consider in their external envi..
|
Decided to evolve new business development practices
: A major national insurer decided to evolve new business development practices. The project to implement this idea started in 2000 and was led by a succession of key senior vice presidents (VPs) as part of their executive growth. Explain the root caus..
|
What strategy has coach used to grow its business
: What strategy has Coach used to grow its business? What are the challenges Coach is facing? How should it prepare to face these challenges? Explain. Examine the financial results of the company and calculate various ratios. Based on these ratios, wha..
|
Develop two-day moving average for this time series
: Consider the following time series data: Day 1, Sales 12; Day 2, Sales 20; Day 3, Sales 22; Day 4, Sales 26; Day 5. Sales 24; Day 6, Sales 13. Required: a) Develop a two-day moving average for this time series. What is the forecast for Day 7? b) Comp..
|
Pending challenges and capitalize on potential opportunities
: Emma Barnes is a senior administrator at St. Stevens Community College (SSCC), and she has recently been asked to assess the sustainability of SSCC’s strategic mission and to develop a long-term plan for SSCC to overcome any pending challenges and ca..
|
Develop risk profile and develop sensitivity analysis
: ABC Inc., a company that specializes in computer services has been invited to make a bid on a certain contract. The contract calls for specific number of computers to be delivered during the coming year. Draw a decision/precision tree for the above i..
|