Identify what you consider to be the 3 greatest achievements in the last 5 decades. Discuss these accomplishments in terms of the definition of a project and include this justification in the post.

Identify what you consider to be the 3 greatest achievements in the last 5 decades. Discuss these accomplishments in terms of the definition of a project and include this justification in the post. As a group, make an expanded list and decide on the top 5 achievements. Then review the accomplishments in terms of the definition of a project and include this justification in the post. What does your review suggest about the importance of project management?

 

 

 

BUSI680 Advanced Project Management

 

Forum 2

 

Read the Film Prioritization Case on pp. 58–62 of your Larson & Gray textbook. Your Discussion Board group has just become a member of the priority team in charge of evaluating and selecting film proposals. Use the provided evaluation form, found on page 61 of your textbook, to formally evaluate and rank each proposal. Post your rankings with justification of your decision on your Group Discussion Board. Be sure to include the completed Project Priority Evaluation Form as part of your individual post.

 

Assume that all of the proposals have passed the estimated hurdle rate of 14 percent ROI. In addition to the brief film synopsis, the proposals include the following financial projections of theater and video sales: 80 percent chance of ROI, 50 percent chance of ROI, and 20 percent chance of ROI. For example, for proposal #1 (My Life with Dalai Lama) there is an 80 percent chance that it will earn at least 8 percent return on investment (ROI), a 50/50 chance the ROI will be 18 percent, and 20 percent chance that the ROI will be 24 percent. Collaborate as a group to enhance each other’s work and develop a group answer that synthesizes the individual answers into 1 group answer by making a final priority list with justification. Include a completed Project Priority Evaluation Form as part of your group post.

 

 

 

BUSI680 Advanced Project Management

 

Forum 3

 

Read the Sharp Printing Case on pp. 155–156 of your Larson & Gray textbook. Post a thread that addresses the questions on p. 156 in your Group Discussion Board.

 

As a group, consider each member’s individual answers and determine the best course of action a project manager should take to address the estimating questions presented. Then answer each question from this group consensus perspective.

 

 

 

BUSI680 Advanced Project Management

 

Forum 4

 

Read the Alaska Fly-Fishing Expedition Case on pp. 233–234 of your Larson & Gray textbook. Construct a list at least 5 different potential risks associated with this project. Use a risk assessment form to analyze identified risks and then make a matrix to outline how you would deal with each of the risks.

 

Collaborate as a group to enhance each other’s work and develop a group answer that synthesizes the individual answers into 1 group answer by making a final list of potential risks. Use a risk assessment form to analyze identified risks and then make a matrix to outline how you would deal with each of the risks.

 

 

 

BUSI680 Advanced Project Management

 

Module 4 ANNOTATED BIBLIOGRAPHY

 

During Module/Week 1, you will choose a topic related to Project Management from the list below (you do not have to submit your choice). Because it is imperative as a Project Manager to understand the concepts related to Project Management topics, you will create an annotated bibliography.Your annotated bibliography must include at least 10 scholarly (from peer-reviwed journals), current sources (within the last 5 years) directly related to your project management topic.Be sure that you select a variety of respected sources.

 

The annotation for each reference must include all of the following: (a) who the author is and how they are qualified; (b) brief summary of the article; (c) reflection on the source and how it fits in the topic chosen for research; and (d) analysis of the article and its value, applicability, etc.

 

Format the annotated bibliography in current APA style. Include a title page with the topic as part of your title. No additional reference page is needed.

 

Your Annotated Bibliography is due by 11:59 p.m. (ET) on Sunday of Module/Week 4.

 

TOPICS FORANNOTATED BIBLIOGRAPHY:

 

1.            The Importance of Project Management

 

2.            Scenario Planning

 

3.            The Need for an Effective Project Portfolio

 

4.            Request for Proposal

 

5.            Project Management Structures

 

6.            Organizational Culture

 

7.            Project Scope

 

8.            Project Priorities

 

9.            Work Breakdown Structure

 

10.          Project Communication Plan

 

 

 

BUSI680 Advanced Project Management

 

Module 8 CASE STUDY SHORELINE STADIUM

 

Read the Shoreline Stadium Case on pp. 204–205. Considering the information provided, construct a Risk Response Matrix (see text p. 220) that details at least 3 risk events that are likely for this case, your responses to the risks, contingency plans, triggers, and the responsible party for each risk event. Then, using Microsoft Project, create a Gantt chart that details the project schedule (see Table 6.3 p. 205 for task details). Once the chart is created, answer the questions on p. 204 in the format described below. The student is to submit two documents.

 

1.            The first document is a paper completed in Microsoft Word that follows current APA format.

 

2.            The second document is the Microsoft Project file, which is also required.

 

The paper is to include at least 3 resources (the text and at least 2peer-reviewed sources) and total of 5–6 pages while including the following:

 

The paper is to include at least 3 resources (the text and at least 2peer-reviewed sources) and total of 5–6 pages while including the following:

 

1.            Title page.

 

2.            Project Summary (2–3 pages), including an introduction to the project and recommendations (based on questions 1–3 from p. 204). For this assignment, include research-based rationale for your answers; be sure to include a discussion of possible risks as well as the date the project is scheduled to be completed.

 

3.            Appendix: One-page Risk Response matrix.

 

4.            Reference page.

 

The Case Study: Shoreline Stadium is due by 11:59 p.m. (ET) on Fridayof Module/Week 8.

 

 

 

BUSI680 Advanced Project Management

 

Quiz 1

 

Question 1Which of the following represents the correct order of stages within the project life cycle?

 

Question 2Project management is important to understand when people are a part of a project team because they

 

Question 3Project governance does NOT include

 

Question 4A professional organization for project management specialists is the

 

Question 5Strategic plans should be written by one group of managers, projects should be selected by another group, and projects should be implemented by another group.

 

Question 6Which of the following statements is true?

 

Question 7Project management appears to be ideally suited for a business environment requiring accountability, flexibility, innovation and repeatability.

 

Question 8The sociocultural dimension of project management includes managing relationships, motivating team members and negotiating project terms.

 

 

 

BUSI680 Advanced Project Management

 

Quiz 2

 

Question 1The __________ financial model measures the current value of all cash inflows using management’s minimum desired rate of return.

 

Question 2Which of the following is NOT one of the requirements for successful implementation of strategies through projects?

 

Question 3Which of the following terms is often used to denote a project that a powerful, high-ranking official is advocating?

 

Question 4All of the following are symptoms of organizations struggling with strategy disconnect and unclear priorities EXCEPT

 

Question 5Which of the following is NOT true when managing a portfolio system?

 

Question 6Why do project managers need to understand their organization’s mission and strategy?

 

Question 7Which of the following is the correct order for the strategic management process?

 

Question 8Project managers should not engage in organizational politics.

 

 

 

 

 

 

 

BUSI680 Advanced Project Management

 

Quiz 3

 

Question 1Which of the following cultural characteristics relates to the degree to which work activities are organized around groups rather than individuals?

 

Question 2Which of the following combinations represents the extremes of project organization?

 

Question 3Which of the following cultural characteristics relates to the degree to which management focuses on outcomes rather than on techniques and processes used to achieve those outcomes?

 

Question 4Which of the following is an advantage of a functional project management organization?

 

Question 5Within a matrix project management structure, the extent to which the project manager has direct authority over project participants depends on whether the matrix is weak, balanced, or strong.

 

Question 6_________ organization is a hybrid form in which a horizontal project management structure is “overlaid” in the normal functional hierarchy.

 

Question 7The matrix form of project management is notable for the tension it creates between functional managers and project managers who both bring critical expertise and perspectives to the project.

 

Question 8All of the following are functions culture plays in an organization EXCEPT

 

 

 

 

 

BUSI680 Advanced Project Management

 

Quiz 4

 

Question 1The first step of project scope definition is to

 

Question 2The highest element in the hierarchical breakdown of the WBS is

 

Question 3Which of the following is least likely to be included in a work package?

 

Question 4One of the items included on a project scope statement or checklist is the review with the customer.

 

Question 5Which of the following is a good example of a Process Breakdown Structure?

 

Question 6For large companies, the organization breakdown structure is used rather than the work breakdown structure.

 

Question 7There are 5 steps involved when defining a project; which of the following is the first?

 

Question 8All of the following are ways the WBS helps in managing projects EXCEPT

 

 

 

 

 

BUSI680 Advanced Project Management

 

Quiz 5

 

Question 1After averaging out the underestimates and overestimates, a long-duration project is more likely to be on target than a short-term, small project.

 

Question 2General and administrative costs are usually allocated as a percent of the total of a direct cost which includes labor, materials, or equipment.

 

Question 3Which of the following is a good condition for bottom-up estimating?

 

Question 4Refining estimates may be necessary for a number of reasons. For example, a manager getting further into a project and obtaining a better understanding of what needs to be done to accomplish a project and meet the needs of the customer is an example of

 

Question 5All task time estimates need consistent time units.

 

Question 6Janet is forecasting how much money her department needs to support a new project. She estimates that two people and $25,000 in expenses will cover her needs. Because management typically insists on reducing forecasts by 20 percent, she increases her estimates to allow for that reduction. Which of the following factors is illustrated in this situation?

 

Question 7In practice, estimating processes are frequently classified as

 

Question 8Learning curves are more likely to be applied in situations where most of the costs are

 

 

 

 

 

BUSI680 Advanced Project Management

 

Quiz 6

 

•             Question 1          When completing a forward pass, you carry the early finish to the next activity where it becomes its early start unless the next succeeding activity is a merge activity. In this case you select the smallest early finish number of all its immediate predecessor activities.                                

 

•             Question 2          ________ activities are to be completed immediately following a particular activity.                       

 

•             Question 3          An activity cannot begin until ALL preceding connected activities have been completed.                               

 

•             Question 4          Which of the following correctly calculates the late start for an activity?                                

 

                Question 5          Which of the following is true about hammock activities?                                             

 

•             Question 6                          Which of the following will correctly calculate the total slack in an activity?                                           

 

•             Question 7          ________ activities must be completed immediately before a particular activity.                                             

 

•             Question 8          A merge activity is one that merges with other activities into a succeeding activity.                          

 

 

 

BUSI680 Advanced Project Management

 

Quiz 7

 

Question 1A fixed price contract is an example of

 

Question 2While a “can do” attitude is essential during implementation, project managers have to encourage critical thinking when it comes to risk identification.

 

Question 3The risk identification process should be limited to just the core project team.

 

Question 4Change management systems involve reporting, controlling, and recording changes to the project baseline.

 

Question 5A Risk Response Matrix contains all of the following EXCEPT

 

Question 6When considering risk value, the lower the value, the higher the level of risk.

 

Question 7The risk assessment form contains all of the following EXCEPT

 

Question 8One common mistake that is made early on in the risk identification process is to focus on consequences and not on the events that could produce consequences.

 

 

 

BUSI680 Advanced Project Management

 

Quiz 8

 

Question 1If resources are truly limited and activity time estimates are accurate, the resource-constrained schedule will materialize as the project is implemented, not the time-constrained schedule.

 

Question 2When a company will reduce the number of projects they have to manage internally to only core projects and send noncritical projects to contractors and consulting firms this is called

 

Question 3Which of the following is NOT one of the more common problems associated with scheduling multiproject resources?

 

Question 4In a resource-constrained project, the first priority in assigning resources is usually given to activities with the

 

Question 5This is used to compare the cost accounts between organizational units and deliverables.

 

Question 6In a resource-constrained project the second priority in assigning resources is usually given to activities with the

 

Question 7The fact that you must pour foundation before you frame the house and that you have to frame the house before you can put on the roof demonstrates scheduling constraints.

 

Question 8When considering the sequence and timing of activities, which of the following is NOT one of the types of project network constraints?

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