Reference no: EM133626695 , Length: 1 Pages

Assignment:

Part 1: Project Execution: HBP Simulation

Chairman Mahmoud understands that most of formal training in project management is associated with Planning. Based on his experience, he would like a little more attention paid to Execution. Therefore, he envisions that, given the importance of the project to the future of JMP, the project manager and team members should receive training in project execution. As such, reference to it is included in this Project Plan. The training is that provided by the Harvard Business Publishing Online Simulation, Project Management Simulation: Scope, Resources, Schedule V3. The purposes of this simulation are to:

1. Explore trade-offs among the 3 major project management levers: scope, resources, and schedule.
2. Understand how team skill level, team morale, deadlines, and work quality are interrelated and affected by a project manager's decisions.
3. Analyze the effect of poor-quality work on project outcomes.
4. Understand the importance of appropriately timed changes in allocating resources.
5. React to unanticipated events and managing uncertainty.
6. Set realistic project objectives and minimize scope changes.

This is an individual requirement. In this simulation, students take on the role of a senior project manager and manage a team tasked with developing a new product for an electronics manufacturing company. The primary objectives are to execute a project plan successfully and deliver a competitive product on time and on budget. Two of the available scenarios of the simulation are assigned:

Scenario A. Easily achievable targets, with even weighting between objectives and a low level of uncertainty. This is a basic scenario most useful in exploring fundamental dynamics of project behaviors, project parameters, and outcomes.

Scenario B. A mid-project staffing crisis, in which the project will lose up to three staff members and hiring will be frozen for two weeks. This scenario offers an opportunity to manage an unexpected mid-project problem and to focus attention on people factors and team effects.

The number of runs assigned (total of three) are the official requirement. The students, should they choose for their own purposes, have the capability of doing up to 15 runs for each Scenario. However, post the results for only the three runs described below.

1. Scenario A - Two individual runs per learner.

At the end of each run there will be a "pop-up" with the score for that run. Take a screen shot of that pop-up.

2. Scenario B - One individual run per learner.

At the end of the individual run there will be a "pop-up" with the score for that run. Take a screen shot of that pop-up.

3. Written Evaluation

Each student will write a not-more-than (one) page summary of the overall experience of the runs, including what you feel are your overall strengths and weaknesses, and what, if any improvements you may have made during the progression of the runs.