Chapter 4: Project Integration Management

Mae Binalingbing
Jul 22, 2017 · 4 min read

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.

This focus emphasizes the need for all organizations to get back to basics: By embedding a project management mind set in their culture, they will be better able to create a sustainable competitive advantage. Organizations are more likely to nurture a culture of project management when they fully understand the value it brings and how projects and programs drive change. A key factor in fostering a culture that values project management is understanding the importance of skilled talent. Organizational agility is the ability of a business to respond and adapt quickly in response to changes in the market or other parts of its external environment. These include the emergence of new competitors, disruptive technologies, or sudden shifts in overall conditions.

2. 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.

3. Develop an outline (major heading and subheading only) for a project management plan to create a Web Site for your class, and then fill 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.

· Project Name: InfoWebsite

· Project Description: This website has all the details in every class. This will help the class be updated in every lecture, the book that students are using and other announcement from the instructor. In this website students and instructor can exchange different ideas about their topic.

· Objectives

· To help the students be update always.

· To show the information about every class.

· To have interaction between the students and instructor to share ideas.

  • Project Duration:

It will take three months before the project finish. It will start on July 21, 2017 — September 21, 2018

  • Members:

· Methodology/Life Cycle

-SDLC

· Schedule

-Activities

-Milestones

Budget : Php.500, 000.00

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

The problem in this case is all about the project manager on how to manage the project perfectly done.

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

Yes, because of being a sudden project manager from software developer, some leaders are not aware of the responsibilities they should be done.

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

Yes, because although he did not handle great as a Project Manager he succeeded with his task.

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

The top manager should help and advice Nick Carson and support him on how to improve the project.

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

Nick Carson could be a better project manager if he handles the flow of improving the project.

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