CONTENTS THE SOFTWARE QUALITY FOCUS 2 QUESTION 1: SELECTED EXERCISES 2 Exercise 11 Project Tracking 2 Exercise 12 Risk Assessment 7 Exercise 13 Refining your project plan (using software) 9 Exercise 14 Initiating 11 Exercise 15 Planning 16 Exercise 16 Executing 18 Exercise 17 Controlling 21 QUESTION 2: THE NORTHWEST AIRLINES CASE STUDY 25 1.. 25 2.. 27 3. 29 REFERENCE 38 APPENDIX - FLYDRAGON PROJECT PERT CHART 39 Figure List Figure 1 Calendars of Project FlyDragon 4 Figure 2 Tracking Gantt Chart of Project FlyDragon 6 Figure 4 ResNet 1996 Application Development Gantt Chart 16 Figure 5 ResNet 1996 Office Implementation Gantt Chart 17 Figure 6 Simple and Unfriendly Interface of NWA¡¯ PARS 30 Figure 7 ResNet Project …show more content…
StraightforwardAverageComplex with many interactions Low = 1 Med = 2 ¡ÌHigh = 3 3 7 How knowledgeable are the Project team in the proposed application area? LimitedUnderstands concepts but no experienceHas implemented similar systems before High = 3 Med = 2 ¡ÌLow = 1 5 Table 1 McFarlan Risk Questionnaire of FlyDragon Project Total Risk Score = ¡Æ risk score¡ÁWeight = 1¡Á1 + 3¡Á3 + 0¡Á5 + 2¡Á3 + 2¡Á1 + 2¡Á3 + 2¡Á5 = 1 + 9 + 0 + 6 + 2 + 6 + 10 = 38 n Do you consider this score to be high, medium or low? Please justify your answer. The highest score is 59 and the lowest score is 18, so the average score is 38.5, and weighted average score is 33.7. I feel that our score just is 38, and is feasible. It is not too high, and there is not too much risk involved. If say the risk, the main risk is that most Chinese IT staff are good at the most Network development and traditional software development, but no enough experience of E-Commerce development. If can not control well, there is a high possibility that the progress of project will delay. n How could you reduce risk due to technical factors? What other measures would you take to manage risk, specifically with relevance to this project. The main possible risk problem is lack of E-Commerce development experience. It is a resource problem both on Human Resource and technical resource. To reduce risk on technical factors, following measures would been taken. ¡¤ Engage skilled professional act as
This score would be given by Anthony Cherwinski. For the section regarding showing up on time, the hiring team requires someone to show up almost every day on time. The section that talks about helping other students has a minimum of 3 points which correlates with a candidate assisting one peer in the class. The section on focus was rated at a minimum of a 5 because if a candidate is prone to looking at their phone or not focusing during class, they could potentially do that during the dinner, which would look bad to guests. The manager has higher standards of attentiveness and focus therefore the rating scale is much higher. The Reference Rating Sheet can be found in Appendix E.
range of techniques in order to manage the risk, but the question is to what
Having identified the risks, it is time to evaluate the likelihood that harm or loss will actually occur. This will help you identify the severity of each risk and what to do about it. Because risk is an everyday occurrence, you will not be able to eliminate all risk in any given environment. Instead, you will need to prioritize the primary risks and things you need to do in order to better manage them. In general, you need to balance the level of risk against the controls needed to manage each risk, in terms of money, time, and loss or damage. However, you should not take action (i.e. invest any resources) if it’s clearly disproportionate to the level of risk. In other words, you need to define an acceptable level of risk for each specific situation. The acceptable level of risk should depend on several factors such as the following: the threat and vulnerabilities, the sensitivity of data and its applications, the impact on the business; such as loss of revenue or the inability to continue operations, and a cost/benefit analysis.
As the world is chaotic (Djavanshir and Khorramshahgol, 2006) it is impossible to always predict the future accurately. Teller at al (2012) describes project management as balancing the “iron triangle”, where changes to any one of the planned costs, quality or scope will change the other elements. Risk management allows contingency to be put into project plans, (APM, 2012) minimising negative effects and maximising the benefits of uncertainty.
need to be upgraded and the existing data will need to be transferred into the new
Prepare a five to seven paragraph response proposing leadership styles you would recommend for the Denver Airport Project. Please choose a combination (two or three) of the eight leadership styles presented in the Thompson textbook (Chapter 11: Leadership: Managing the Paradox). Please note that you are to also use three other sources from the internet or the DeVry online library. All sources must be cited.
Student’s education plan is rated on 5-point scale in the following manner: 5 (achieved all of the requirements in plan this week), 4 (achieved most of the requirements in plan this week),
Identify one or two risks your project is encountering and strategies that might mitigate them
The successful implementation and subsequent meaningful use of information technology solutions within a health care organization is a challenging and iterative process. The organization must engage in careful and ongoing strategic and tactical planning to ensure that the implemented technology will ultimately be effective and beneficial for its practitioners, staff, and patients.
22. Many activities have slack time; if we add these slack times together, this represents the potential improvement in early completion for the project.
Question 1. What project selection method described in the chapter will ABI probably employ for this proposal? Answer According to the description, the project selection method is profitability of numeric model. We might see the points from the business strategy 1) Bid only on good margin products that have the potential for maintaining their margins over a long term. 2) Pursue only new products. 3) Utilize the most advanced technology in new projects. “ project champion” approach to innovation and creativity. no more than 480 employees. 4) Foster the
Even though the price would be lowered because of the bad weather as per the tying in price and weather policy, not everyone would still want to go away. Either it needs to be explained clearly on the website that undesirable weather will not entitle any customer to a refund or to change or cancel their booking without penalty; or the policy must be clear in whatever the company decides is fair. For example, it may state that if the weather is unpleasant can change (but not cancel) the booking to another time.
The VP of marketing, Lori, selected Elliot Wood as the project manager for the Video Game Market Research Project. Elliot had previous project management and market research experience within the company, and he also was an avid video game enthusiast. He still had the Atari system he used to play in high school, and he enjoyed playing newer games with his two children. Elliot, however, was wary of doing business on the Internet and refused to make any of his own purchases online. He also did not let his grade school children use the Internet unless they were
The Risk Assessment will be continuously monitored and updated throughout the life of the project, with monthly assessments included in the status report (see Communications Plan) and open to amendment by the Project Manager.
The proposal writing process is multifaceted, encompassing both the actual submission of a request for proposal as well as the management of the implementation of received funds. Through class lectures and assigned readings, we’ve discussed the various aspects that make up the process of grant writing. Through this essay, I will explain this process as it leads up the management of the project once funded. Furthermore, this essay will explain how to ensure that the proposal submitted addresses key aspects necessary for the project to be implemented in line with best practices for project management.