Assignment in ITE311B — IT Specialization Course 1

Allen Calamba
Jul 22, 2017 · 5 min read

Assignment in ITE311B — IT Specialization Course 1

1. Read the report “2015 Pulse of the Profession. Capturing the Value of Project Management” by PMI mentioned in the What Went Right section, page 194 of the 8th Edition of the book. Summarize the key points on this study and your opinion of it. Describe some specific steps organization can take to provide a supportive culture for project management.

Ø Having a good culture, skilled talents and performing a good process to project management leads the project to a successful output and advantage to the business competitors and gives competence to the people behind the project. Creating a project will need a sponsor. It is more likely to actively engage to the sponsors in such a way they have truly trusted and willing to support to the project. Having a good relationship inside the organization gives advantage to perform smoothly and work well together to the team. Good communication tends to deliver good understanding and mindset to the project. A solid organization dodges risk to the project. Skilled person in the organization can enhance by the leadership and strategic and business management capabilities that are nurtured through experience. Process,

Pulse research has confirmed that organizations can clearly benefit from maturing their project, program, and portfolio management processes, and that process maturity leads to success.

Some key points that will result to A Good Project Management

• Shared visions, mission values, beliefs, and expectations

• Regulations, policies, methods, and procedures

• Motivation and reward systems

• Risk tolerance

• Views on leadership, hierarchy, and authority relationships

• Code of conduct, work ethic, and work hours

• Operating environments

• Fully understanding the value of project management

• Having actively engaged executive sponsors

• Aligning projects to strategy

• Developing and maintaining project management talent

• Establishing a well-aligned and effective PMO

• Using standardized project management practices throughout the organization

• Respond quickly to opportunities

• Shorten decision/production/review cycles

• Manage change

• Integrate the voice of the customer

• Manage risk

• Assign interdisciplinary project teams

• Eliminate organization silos

• Implement contingency planning

• Use iterative project management practices

• Leverage technology

The main point is that dynamic, rapidly changing, complex business environment continues to emphasize the need for excellence in project, program, and portfolio management and Organizations need to embrace, value and utilize project management — and both recognize and attribute their success to it.

2. Write a short paper based on the chapter’s opening case. Answer the following questions (Information Technology Project Management, 7e, page 140, Opening Case):

a. What do you think the real problem was in this case?

Ø Even Nick has a technical background to make the project a success; Nick didn’t focus on managing all the aspects of the project. He didn’t give any instructions on how to do the project and specific schedule to formally start the project. He was never conducting strategic planning before working the project. Nick and his team have no project integration management.

b. Does the case present a realistic scenario? Why or why not?

Ø Yes, most of the time, organization who works a large project they make it small. They do not conduct any accurate planning, collection of requirements and matured processes. Some organization and teams are lack of integration on how they work the project.

c. Was Nick Carson a good project manager? Why or why not?

Ø No. Because Nick Carson has no wide and concrete idea on how he integrate the project. He should merge his knowledge on his field in technology and Biology in such a way Him and his team can work smoothly the project.

d. What should top management have done to help Nick?

Ø Top management should train Nick and attend him seminars about Leadership and Business Management.

e. What could Nick have done to be a better project manager?

Ø Exercise his leadership and be focus to the project integration management.

3. Develop an outline (major heading and subheading only) for a project management plan to create a Web Site for your class, and then dill in the details for the introduction or overview section. Assume that this Web site would include home page with links to a syllabus for the class, lecture notes or other instructional information, links to the Web site for the books that we are using in the class, links to other Web sites and all links to personal pages for each member of your class and future classmates. Also, include a bulletin board and chat room feature where students and the instructor can exchange information. Assume your instructor is the project’s sponsor, you are the project manager, your classmates are your project team and you have three months to complete the project.

WEBSITE

1.0 HOME PAGE

1.1 Syllabus

1.2 Subjects

2.0 Log In

2.1 Students

2.2 Instructor

2.3 Admin

3.0 Lecture Notes

3.1 Books

3.2 PDF

3.3 E-Book

4.0 Chat Room

4.1Student/s

4.2 Instructor/s

5.0 Assignment/s/Project/s

5.1 Title

5.2 Date of Submission

6.0 Attendance

6.1 Candidate for Failed Students

6.2 Candidate for Passed Students

7.0 Schedule

7.1 Days of Classes

7.2 Number of Hours

8.0 Back to Home

8.1 Log Out

8.2 Log in to another Account

4. Perform a financial analysis for a project using the format provided in the book (IT Project Management, Revised 6e). Assume that the projected costs and benefits for this project are spread over four years as follows: Estimated costs are $200,000 in Year 1 and $30,000 each year in Years 2, 3, and 4. Estimated benefits are $0 in Year 1 and $100,000 each year in Years 2, 3, and 4. Use a 9 percent discount rate, and round the discount factors to two decimal places. Create a spreadsheet or use the business case financials template on the companion Web site to calculate and clearly display the NPV, ROI, and year in which payback occurs. In addition, write a paragraph explaining whether you would recommend investing in this project, based on your financial analysis.

Ø The NVP results in Negative as well as the ROl are negative so that the project is not pursuing to do. It will provide low investment and maybe some investors will invest to other projects that have quality and pursuing to work.

REFERENCES:

· Pulse of the Profession®: Capturing the Value of Project Management. Project Management Institute. February 2015

· Kathy Schwalbe, “Information Technology PROJECT MANAGEMENT”, 7ed; Cengage Learning

· Kathy Schwalbe, “Information Technology PROJECT MANAGEMENT”, 8ed; Cengage Learning

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