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Question 1.
How would you align human resource plans in a project portfolio to an organization's strategic objectives?
Question 2.
The introduction of Ch. 9 in your textbook describes the four major reasons why portfolios are unsuccessful, including
a. Too many projects in the portfolio
b. Wrong projects in the portfolio
c. Projects not linked to organizational strategy, and
d. Unbalanced portfolio.
How do portfolio managers determine that employees are working on the right number of the right projects based on organizational strategy?
What performance measurement practices can they use to identify, over time, which projects should continue to be pursued and which should be ended?
Name and explain two undesirable business circumstances or effects.
DIRECTIONS: In a short essay, describe the triple constraint. What are the three components and what is the relationship between them? How can they impact on the success or failure of a project? Give an example. Minimum word count 300 words.
Identify and define each activity. Then, for each activity provide the downside of applying said activity to supply chain management.
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The Program Evaluation Review Technique (PERT) is a method of estimating durations for project activities. Do you believe the PERT formula is a valuable tool for a project manager? If so, why. If not, why not?
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McBurger orders ground meat at the start of each week to cover the week’s demand which is 300 lbs. The fixed cost per order is $20. It costs about $0.01 per lb. per day to refrigerate and store the meat. It is estimated that the shortage cost is $0.1..
Explain the three broad types of ethical theories and provide examples of each.
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