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ACME Development Corporation (ADC), a developer of custom homes and apartment complexes, has decided to standardize its project management practices and processes across the national organization.
The goal is standardize on one single software project scheduling and to have this tool up and running within 90 days. To this end, ACME is forming a PMO. The company has 40 project managers dispersed all over United States and they using whatever scheduling tool they liked. They have also been able to buy equipment and engage contractors at will.
The PMO will be determining one scheduling tool that all PMs will be expected to use, exclusive of any other scheduling tools. The PMO will also develop and implement a standard project procurement process. A Web-based solution is the more suitable because the PMs are located across the U.S.
You have been charged with implementing the project procurement process as well as the standardized scheduling tool for this company.
A sufficiently detailed Statement of Work (SOW) can assist with the negotiations during the bidding process as well as deal with potential conflicts during the execution of the contract. The SOW can be utilized to address risks such as not meeting requirements or non-performance of work.
Address the following:
Prepare a Statement of Work with at least 8 sections.
Stakeholders: Identify the stakeholders, their roles, and the influence level that they will have on the outcome of the project. Identify the project sponsor.
What are the activities that are related to the Management of Project Execution? (b) Monitoring is an aspect of Project Management performed throughout the Project. What are the factors that influence the monitoring and control of project work?
What are the costs of protecting against project failure?
What was Salem's expected net present value for this project?
Select the PERT technique you consider LEAST valuable when altering or enhancing steps associated with reengineering. Explain your choice. Describe and analyze how the two techniques you chose influence the Critical Path Method.
There is a variable operating cost that is 60% of sales and the company's marginal tax rate is 35%. Determine the net operating cash flow for Years 1, 2, and 3.
What can you as a PM do to avoid group think on your team? The answer needs to be at least a 100 word Min. In your own words, no copy and paste.
Distinguish between capital project funds and debt service funds. How are they related and how are they different?
Compare the effort needed for the six levels of quality of an automobile to a toothbrush OR SOME OTHER SIMPLE ITEM. You can choose running shoes, ink pen, sun glasses, or any relatively simple product.
Some changes to your program. Discuss and begin to prepare plans among your group members how you will go about making modifications you should make to keep your sub-project on track.
Project absolutely makes sense to do from either an economic or strategic standpoint.
How important is it for a project manager to have expert judgment in the subject matter of the project?
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