Reference no: EM132320022
Purpose of the assessment (with ULO Mapping)
This assignment assesses the below Unit Learning Outcomes; students should be able to demonstrate their achievements in them:
• Demonstrate project leadership skills; identify and assess risk in designing and executing major projects;
• Reflect on current project management ethics, research, theory and practice;
There are two sections in the Assignment 1 Section 1:
You have been provided a sample case study below:
Wilmont's is a top-ranked US retail pharmacy with more than 8,000 stores nationwide. The company is secretly considering delivering prescriptions by flying drone. DroneTech, a small firm in San Francisco, CA announced the approach in March, and Wilmont's has made an agreement with DroneTech to prototype this project in the San Francisco area. DroneTech will provide the drone technology as well as the drone piloting and delivery systems, but will customize its systems and business process to conform to Wilmont's requirements. Assuming you are the project manager assigned to lead this project. (Depending upon the course domain, the case positions the student as the project manager in either Wilmont's IT, Wilmont's Pharmacy Operations, or DroneTech Engineering)
The below are the characteristics/attributes of the project:
• Wilmont's has limited the project expenditures to a maximum of US$1,750,000 for this prototype project and will implement it first in only four stores.
• The project begins next January 5 and the first customer delivery flight should take place no later than next November 30 to avoid harsh weather in the San Francisco area.
As a project manager, the main responsibilities are:
1) Plan tasks and assign team members to the tasks from a list of human resources involved in the project.
2) Hold regular meetings with the team and stakeholders as well as to use other forms of communication with all stakeholders.
3) Management of the approval points in the project life cycle.
4) Risk managements by using the risk management principles.
5) User training and other preparations required by the project.
6) Change management.
Please read this case study and answer the following questions:
1. If you intend to write the scope statement for this project, what details will you include in it?
2. Discuss risks associated with the project and the possible preventive actions. Comment on the technique/approach that you will use to identify the risks associated with the project.
3. Identify the key stakeholders that will be benefited from the project.
Section 2:
Purpose of the assessment:
As a project manager, your career will be driven by decisions. Some decisions are small and barely noticed while others are more prominent and could have serious ramifications on yourself, your organization and your stakeholders. Decisions like this will most likely require deep thought as they involve people, resources and the environments. Sometimes these factors are in conflict, creating a dilemma and significant risks where your awareness of Ethical issues in a professional setting will be vital. To guide ethical behavior and assist with decisions, the Project Management Institute (PMI) has developed a Code of Ethics and Professional Conduct and an Ethical Decision- Making Framework. This part of assessment will require you to use your knowledge of the PMI code of ethics and ethical framework and apply it to a real life case study.
Assuming you are a qualified accountant in practice, and you lead a team providing management consultancy services. In recent years, your practice has undertaken several assignments on manufacturing efficiency improvements for a medium-sized company. The company operates through a number of divisions, and the line responsibility appears complicated. The complexity is due to the significant controls rests with four semi-autonomous regional directors. The authority of these directors is enhanced by their seats on the company's executive board.
You have cultivated a good working relationship with a regional director with whom you are in contact most frequently. Three weeks ago, the regional director asked you to investigate a particular project, Project A. The regional director reported that he had been told informally that the likely deferral of the agreed delivery date for the components due to the sophisticated design-and-build contract. The regional director is having the Project A delivery responsibility because the Project A is located in his region.
Once on site, your team has discovered a range of issues with the project ranging from the fundamental design faults to the manufacturing processes. It is clear that the various contracts will be breached, and litigation is likely to follow. Your team has produced a prioritized action list, and has begun working to establish a revised schedule to ensure the project delivery.
At a recent meeting, you have given the regional director your estimate of the project delay, which will be a minimum of three months. You also indicated that extra direct costs are likely to be £7 million to £10 million. This is before any potential claims for compensation.
On the instructions of the regional director, your team has been working on a formal report specifying detailed recommendations. At the same time, there are some rumors that the company is having the financial issues. You assume that the situation with the Project A is likely to be seriously detrimental to the company's financial position.
One week before the final version of the report is due, you received a surprise telephone call from the company's finance director. He would like to get the updated the Project A delivery date for the executive board. Later, the region director has confirmed that the finance director had reported to the board with the following information:
1. "I appreciate that you have only just started, so there are no reliable estimates yet. But the regional director mentioned that the Project A could incur around £4 million to £5 million in extra costs, with income delayed by perhaps six to eight weeks. The regional director has sent his apologies to the board meeting, as he has to attend a family funeral."
2. "Hopefully, the regional director is being cautious. However, we need to prepare the worst scenario as suggested by the accounting consultant. The extra costs and deferred income will have serious implications for the company's cash flow. The board may have to start planning the related remedial actions now"
Task
Prepare a report with at least of 1000 words. The report conducts ethical analysis of the issues raised in the case study. Please include the following sections in your Report
1) Executive summary that provides a brief summary of the report and the key findings that emerged from your analysis
2) Introduction about the case study being analyzed and how you intend to go about the analysis?
3) Ethical analysis of the case: In this section you are expected to apply the PMI values to case study and analyze it. Your analysis should explicitly include the following:
-Overview of the ethical issues
-How key fundamental principles of ethics are effected?
-Identify the relevant facts
-Identify the affected parties
-Describe the actions which could potentially lead to breach of PMI code of ethics
-Describe your recommendations for the possible actions following the PMI framework.
Please see marking guide for information on marking criteria :
The report (Section 1 and Section 2) should have a consistent, professional, and well-organized appearance. It must be written in good English with the word limit of 1000-1500 Words.
Submission Guidelines:
1. Your report should include the following:
• The cover page must identify student's (name and ID), teaching staff, and the assignment title.
• The main report must include Section 1 and Section 2.
• Reference sources (IEEE style) must be cited in the text of the report, and listed appropriately at the end in a reference list.