Project Integration Management

Chapter 4, Project Integration Management

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.

2015 Pulse of the Profession focuses culture of project management which help the organization to have strong force in making decision patterns, guides actions, and drives individual’s behavior of the member. This makes the members create a good belief to share norms, symbols, values, attitudes that can unified each as a whole unit of the organization.

The report also said about cultivation of member’s talent and defining the processes, organizations and gaining the competitiveness of the unit.

This report gives us how they really manage the success and effectiveness of doing the right thing on handling this kind of requirement and practices.

The Report also show high performance focus on greater knowledge transfer effectiveness, more rigorous risk management, more frequent use of agile, incremental, iterative practices in project management.

Higher benefits realization maturity this means this make the organization more advantage and flexibility on doing an integration management this can give us a view of what can the project do if you don’t realize the fact in my summary this enables the organization to have more effective project management integration.

1. 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.

Assumption:

· The ROI is negative this means, not good for investment

· Negative Return NOT GOOD if possible Worst

· It can take down the whole project or company

· Not worthy to risk

· This must have positive NPV for greater or higher value of return

· before risking this should be analyze well before taking the risk

1. 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.

  1. Homepage

a. Login Sign up & Sign in(Student or instructors Account)

b. Syllabus for the class

c. Lectures notes for the class

d. View the updated assignment for designated Sections

e. Chat box only for the instructors for clarifications and other transactions

  1. Students

A. Student information

a) Student Id No, Names, Age ,Course

b) Subject Guides

c) Subject taken or to be taken

B. Rules and regulations in Class info.

a) Class Vision & Mission

b) Class Officers info. Chart

c) Technical Guidance

  1. Activities

a) Calendar of the activities

b) Announcements

c) Pictures and other Details

  1. Projects

a) title

b) Procedures

c) Classification & requirements

d) Date of submission

  1. Attendance

a) Attendance list

1) Both student and instructor

2) Number of present and absences including lateness’s

  1. Schedule

b) Number of days of classes

c) Time & Date of classes

  1. Chat box

a) Group Chat for Student & Instructor

b) Video call and online Class (for emergency or makeup classes)

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?

The real problem in this case is Nick, he has the chance to lead a team on success but spending his time doing different role instead of managing the team he has the capability he didn’t take is the opportunity.

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

Yes in the real industry this can happen in real life I think few other did this kind of mistakes in managing a project this leads many project or company in real life failures and unsuccessful management.

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

He’s not, like what I said he didn’t use his technical background on managing instead doing the different role that’s why the company faces failures.

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

The management should trained nick more, and orient to him the position, by giving him overview of what management looks like in the process, the company should consider asking if nick really want the position and the management should make nick realize the opportunity that he was taken to be in a management.

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

nick should not take the role of software integrator, so that he can focus of his job to manage, nick should have good leadership skills and guidance for him to be effective & sufficient for the success of the projects.

References:

Information technology Project Management, 7e

Information technology Project Management, 8e

2015 PMI’s Pulse of the Profession, Capturing the Value of the Project Management

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