Reference no: EM131048555 , Length: 2000 Words
Supply Chain Project Management Assessment-
Case study: ‘Blue Spider (BS) Project'
The purpose of project management is to achieve a successful project. Some of the answers are matters of opinion and you will need to study for ways to approach them. To support your answer you can take help from project management books, journals and authenticated sources.
The report will be evaluated based on the following outline:
1. Executive summary:
2. Project Appraisal: (Answer the following questions)
Project initiation:
A. Is the decision to start BS project a strategically sound decision? Is it beneficial for an executive to take too much of an interest in an R&D project? Give reasons for your opinion.
B. Should functional employees of the customer and contractor be permitted to communicate with one-another without going through the project office? Justify the selection of type of project organization form in BS project.
Risk management:
A. Should a project manager ever censor bad news and risks? Discuss- how did the BS project handle risks? What might they have done?
Stakeholder and communication management:
A. Who are the key stakeholders and briefly identify their mutual and conflicting interests or objectives in BS project.
B. Should functional employees of the customer and contractor be permitted to communicate with one-another without going through the project office? Discuss the rationale of your answer.
Plan, implementation and management:
A. Quality should be considered whenever there is a change to any component of the "triple constraint" (time, cost and scope). Did the project plan explain how the project and any changes would be controlled? Should this be part of the plan? Give reasons.
B. Was Gary qualified to be a project manager- rationale your answer?
Contract:
A. What happens when a situation of mistrust occurs between the customer and the contractor?
B. Justify the choice of Firm Fixed Price (FFP) contract for BS project. What other type of contract they could have chosen.
Others:
A. Complete your evaluation of project management for this project, and calculate the average rating using the following grid and justify the average score.
Excellent=5; Very good= 4; Good=3, Poor=2, very poor =1
|
Initiation stage
|
Planning stage
|
Implementation stage
|
Closeout phase
|
Average
|
Scope management
|
|
|
|
|
|
Time management
|
|
|
|
|
|
Resource management (human resource)
|
|
|
|
|
|
Communication management
|
|
|
|
|
|
Stakeholder management
|
|
|
|
|
|
Risk management
|
|
|
|
|
|
Contract and procurement management
|
|
|
|
|
|
B. What lessons have you learnt from BS project? Give reasons for your opinion.
Attachment:- Case study - Blue Spider (BS) Project.rar
What is the yield on two-year treasury securities
: The real risk-free rate is 2.75%. Inflation is expected to be 2.5% this year and 4.75% during the next 2 years. Assume that the maturity risk premium is zero. What is the yield on 2-year Treasury securities? What is the yield on 3-year Treasury secur..
|
Difference between an ordinary annuity and an annuity due
: What three financial statements help the manager monitor a firm's performance? What can the balance sheet tell the firm about its assets and financial structure? What's the difference between an ordinary annuity and an annuity due?
|
Describe three types of project risks and detail situation
: Describe the three types of project risks and detail the situation in which each type is most relevant when making a capital budgeting decision. Include the effect of correlation. Next, compare and contrast cash accounting methodology and accrual acc..
|
Dominant role in capital budgeting decisions
: For multihospital systems, scenario analysis has both advantages and disadvantages. Which do you think are the greater? Why should or shouldn't financial analysis play a dominant role in capital budgeting decisions?
|
Should a project manager ever censor bad news and risks
: BUSM3327: Supply Chain Project Management Assessment. Should a project manager ever censor bad news and risks? Discuss- how did the BS project handle risks? What might they have done
|
Find the values for lump sum assuming annual compounding
: Money has different values based on time. Money in your pocket has a current value, but money owed to you has a varying value based on how sure it is that you will receive it and when. Find the following values for a lump sum assuming annual compound..
|
Shares of common stock and two bond issues outstanding
: Filer Manufacturing has 9.3 million shares of common stock outstanding. The current share price is $63, and the book value per share is $5. Filer Manufacturing also has two bond issues outstanding. The company’s stock has a beta of 1.3. The risk-free..
|
Financial system facilitated the great recession
: What features of the U.S. financial system facilitated the Great Recession in 2007-2008? Could the crisis have been avoided? If so, how what institutional and systemic changes would have been required to prevent the problems that occurred? How well d..
|
Required return-what is the price of the stock
: A7X Corp. just paid a dividend of $2.70 per share. The dividends are expected to grow at 19 percent for the next eight years and then level off to a growth rate of 7 percent indefinitely. If the required return is 14 percent, what is the price of the..
|