...Lessons Learnt Report First National Bank, Ohio MIS Project Management CONTENT Title Page 1. INTRODUCTION 3 2. SUMMARY 4-5 3. STAKEHOLDERS 6-7 4. FACTORS THAT CONTRIBUTED TO FAILURE 8 5. MANAGEMENT METHODOLOGY 9-11 6. PROJECT COST MANAGEMENT 12-14 7. RECOMMENDATIONS 15-17 8. CONCLUSION 18 I. BIBLIOGRAPHY & REFERENCES 19 1. INTRODUCTION The following document is a comprehensive ‘Lessons LearntReport’ on the First National Bank of Ohio’s MIS Project. This report was compiled by a team of professional project managers and gives an objective insight to the project in full. Throughout this entire report we will describe the lack of proper planning and strategy, which impacted the First National Bank of Ohio’s MIS Project. (Kerzner, Harold R., (2009) Project Management Case Studies. Available at: http://books.google.ie/books?id=OVG0xdkgX28C&printsec=frontcover&source=gbs_ge_summary_r&cad=0#v=onepage&q&f=false [Accessed: 10 Nov 2014]). 2. SUMMARY In the 70’s First National Bank was a fast growing organisation in the financial market. They had experienced significant growth and expansion in a relatively short period of time. Key to this was their ability to buy a number of other banks. These mergers and acquisitions led to rapid growth including the expansion of the company’s employees by 35% and total assets by 70%. This added additional organisational structure complexity...
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...Table of Contents Page 1.0 Introduction ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 1 2.0 The Group Selection ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 1 3.0 SimVenture Simulation ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 2 4.0 Experience with SimVenture Simulation ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 2 5.1 First Simulation ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 2 5.2 Second Simulation ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 4 5.3 Third Simulation – WOW ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 4 5.0 Group Dynamics ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 5 6.0 Individual Learning and Growth Points ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 6 7.0 Conclusion ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 7 8.0 References ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 7 1.0 Introduction The Entrepreneurship in Practice module is taught with the purpose to educate the potential...
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...Project Management Plan [Project Name] Author: [Author] Date: [yyyymmdd] Version: [#.#] Operator notes: All instructional text is displayed in blue font colour in the template. These should be deleted prior to the document being distributed for review and approval. Update text within square brackets which is placeholder text with relevant text. E.g. [yyyymmdd] should be changed to latest date 20130305 Use this basic structure and type sizing for all your covers. Do not manipulate or rescale any of the graphic components. Use initial caps in your headings with capital letters for proper nouns only. Document Control Document location Location | | Author Position | Name | Contact no | | | | Stakeholders and other contributors Consider key stakeholders who might have input in the decision to approve or reject the Business Case. Typically, distribution to the relevant governance forum members’ is required for a one-on-one walkthrough prior to presenting. The costs section of the document may need to be removed from widely distributed versions. Position | Name | | | | | Revision history Version | Issue date | Author/editor | Description/Summary of changes | | | | | | | | | Reviewed by Version | Issue date | Name | Position | Review date | | | | | | | | | | | | | | | | Approvals Approval refers to the approver’s acceptance of the content and overall intention of this document, including acceptance...
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...BM3102 : FOUNDATION IN BUSINESS Coursework: Reflective Report Lecturer Name : | Mr. William Lok Wee Keong | Student Name : | Malani Simukoko | I.D. No. : | 00011762 | Major : | BBAIB | Week 1 On the first week of Foundation in Business, our lecturer has explained us about the course guide module in detail. The main objective of the module that I have learnt is to help student to gain an overview of the field that have chosen to involve in. Besides that, this course helps students to be able to develop essential knowledge and study skills that will help them to perform well as a tertiary. The module has helped me to understand the nature and functions of business organization, the external and the competitive environment of business and the common frame works of analyzing and evaluating impact of such on both business and industries. In my point of view, specifically, this module will introduce students to the nature, form and functions of business organizations. Examples from current business practice will be used to illustrate business concepts and theory. This module will form a preparation for students' degree studies within the Business School and aim to provide first year undergraduates with a structured learning environment in which consistent attendance and study is required. In addition, I have got to know the format of this course which it is depend to 100% course work...
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...Lessons learned From Jeff Bezos Jeff Bezos is an excellent leader who is responsible for the rise and growth of Amazon in the world of e-commerce. One of the important lessons to learn from his leadership is that knowledge and intelligence are fundamental to become a good leader. Jeff Bezos focuses mainly on customer needs and continuously tries to enhance the customer experience, hence it took almost an year to develop the customer friendly Amazon website and another three months to test it. He is widely respected in the company for his knowledge and technical expertise. For instance, he pointed out all the key problems in a report presented to him by a supply chain manager in a matter of few minutes which surprised everyone present. One of the most important thing to have as a leader is to possess the ability and knowledge that matches your position. A leader should have the vision, courage and ability to lead the company successfully and moreover should command the respect of his employees. The key lesson to learn from Jeff Bezos is that knowledge and intelligence define a leader and before one becomes a leader he should work hard to acquire the necessary knowledge and possess the ability required to lead others. Besides a numbers of merits, there are also several areas where Jeff Bezos was an ineffective leader. Bezos not giving importance to his employees and being tough on them are some of his mistakes as a leader. It can learnt that it is very important for a leader...
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...Marketing 1120 2014 Marketing Simulation Report LuxPak: Team 6 Michaela Sumpter & Harry Singh Table of Contents Introduction: Summary 3 Overall Result 3 Research and Applied Marketing Knowledge 4 Competition 4 Play by Play 5 Original Strategy 6 Target Market 7 Marketing Mix 7 Overall Performance Evaluation / Changes Made 8 Lessons Learned 9 Conclusion: Summary 9 Introduction: Summary During the Marketing Simulation Game, our team experienced many obstacles and had to work through them from beginning to end. Our turns appeared to be very scattered due to an communication obstacle, but we agreed we had to make a change in our entire strategy when we hit $3,970 in debt. Cohesively, we decided to change our target market, which led to promotional, pricing, product and placement changes as well. These alterations benefitted our team, since we began to bring in profit. Throughout this entire process, we learned many lessons and if we were to do this simulation over, both of us would approach our strategy differently. In this report, our overall result will be evaluated, the lessons we learnt along the way and how we applied marketing knowledge to our turns will be discussed, along with other factors that influenced our team along the way. Overall Result According to the leader board metric, we sold 310 units throughout the game, and earned a total of $15,220.06. Our changes benefitted our overall result, because in the end we ended...
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...What was Gideon known for? Gideon was known for his bravery and faithfulness. This was shown in many ways during the story of Judges in the book of the Bible. From reports worldwide, this news company has figured out that Gideon's army was actually outnumbered 5:1. Who was Gideon? Gideon was the son of Joash and was born around 1150 BC and ruled Israel for over 40 years. He was a Judge and a Military leader as well as a faithful follower of God and a prophet. He ruled Israel for 40 years and was a very successful leader of the faith. He is most well known for winning the battle with the Midianites. What was Gideon’s legacy? Gideon was remembered as a strong leader of the faith, The tough and brave Military leader of Israel, The wise prophet...
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...MAKERERE UNIVERSITY BUSINESS SCHOOL A PRELIMINARY REPORT ON FIELD ATTACHMENT CARRIED OUT MBALE MUNICIPAL LOCAL GOVERNMENT COUNCIL (JULY-JUNE, 2015) BY KATEME JOSEPHINE REG: 14/U/1390 BPSM II BY Proff. MOYA MUSA (ACADEMIC SUPERVISOR) A PRELIMINARY FIELD ATTACHMENT REPORT SUBMITTED TO FACULTY OF COMPUTING AND MANAGEMENT SCIENCE IN PARTIAL FULLFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE IN PROCUREMENT AND SUPPLY CHAIN MANAGEMENT OF MAKERERE UNIVERSITY SEPTEMBER, 2015 1 DECLARATION I Kateme Josephine declare that this is my original work and has never been submitted to any institution for any kind of award. Signed: date: …………………………………………. ……………………………… KATEME JOSEPHINE (14/U/1390) i APPROVAL I certify that this internship report has been prepared under my supervision, thus ready for submission as a partial fulfillment of the requirements of a bachelor’s degree in Procurement and Supply Chain Management of Makerere University Business School. Sign Date …………………….. ………………………… Proff. MOYA MUSA ii LIST OF ABBREVIATIONS CEO - Chief Executive Officer HRM - Human Resource Manager IUIU - Islamic University in Uganda MIS - Management Information System MMC - Mbale Municipal Council MMLGC - Mbale Municipal Local Government Council MUBS - Makerere University Business School NAADS - National Agricultural Advisory Service PDU - Procurement and Disposal Unit PHC - Primary Health Care PPDA - Public Procurement and Disposal...
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..., someone in the industry you eventually hope to work in, someone holding a position that you someday aspire to). This is an excellent opportunity for you to learn first hand about why this person is a respected and successful leader. Furthermore, this project will allow you to learn more about “real” leaders' traits, behaviours, and skills as they relate to leadership effectiveness. Your choice of questions and your analysis of responses in the interview must reflect the information covered throughout the course. The purpose of this assignment is to get you to see what practices, theories and philosophies a “real” leader uses. STEP 1 Select a leader of your choice. Collect background information for their organization (via annual reports, web and other sources). STEP 2 Secure an interview appointment with the leader of your choice. Let this person know in advance how long the interview might take, probably around an hour. Prepare your key questions prior to the meeting. A copy of your questions can be given to the organisation prior to your meeting. Use course information to prepare your questions and then conduct the interview. Possible Questions: • How did you develop your leadership style? Did you have any role models or mentors? • What is your education experience? In hindsight, was it helpful? In what specific ways? • What was your...
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...stratified by race and gender. | TYPES OF STUDY | Cross-sectional study | SAMPLE SIZE | 4 family SES indicators and STD reports for black and white 7th through 12th graders were examined. | RESULT | STD reports were higher for adolescents not living in 2-parent homes, and lower income was only associated for black males. | MAJOR FINDINGS | Measures indicating lower SES were more consistently related to STD among blacks. Family structure, maternal occupation, and, to a lesser extent, maternal education were associated with STDs among black females and males. For black males, the association of STDs with maternal education and occupation were not statistically significant; however, the magnitudes of the point estimates were comparable to those of black females, suggesting important, but imprecise, effects. In contrast, only nontraditional family structure was associated with STD among white females. Income was generally a poor indicator of STD risk in all groups, as expected. | POLICY | | CONCLUSION | SES is only a weak to moderate marker for adolescent STD risks. The relationship of SES and STDs varies by the SES measure used and differs across race-gender groups. Other individual factors such as risk behaviors or community factors such as income inequality could play a more critical role for adolescent STDs than family SES. | LESSON LEARNT |...
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...are employed as a supervisor at the local mail distribution centre. The centre wishes to develop a new staff recruitment and selection process, to be implemented within the next three months. You have been assigned the responsibility of project manager. What documentation might you need to complate before the project ends? Who would you need to obtain sign off from? How would you obtain any necessary sign offs for concluding the project? Make sure your responses are specific to the project you are basing your answers on. When project ends I need to: reasign members of the team perform a post-project evaluation or audit hold a post-project meeting with the project team an management prepare and submit a final report for management I require sign offs from the management of the Australian post. 8. We do not need to do 9. You are employed as a supervisor at the local mail distribution centre. The centre wishes to develop a new staff recruitment and selection process, to 5 be implemented within the next three months. You have been assigned the responsibility of project manager. Review project outcomes and processes against the project scope and plan and involve team members in project review. Team members involved in home or personal life projects might include family members of friends. Provide a summary of your findings. The project review should contain: An executive summary ...
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.......................................................................................................................... 4 Effects ..................................................................................................................................................... 5 Lessons learnt.......................................................................................................................................... 7 Conclusion .............................................................................................................................................. 7 Appendix ................................................................................................................................................. 8 Reference List ......................................................................................................................................... 9 Abstract This report presents an analysis of a stock market bubble, well known as “dot-com bubble”, which developed roughly during a period from 1995 to 2000, and ended up in 2001. The report discusses core reasons behind the bubble, the overall impact of dot-com bubble and summarizes various lessons learnt from this crisis. This was a speculative bubble, based primarily on expectation of rapid and high volume growth from the newly arrived internet related tech-companies. The term dot-com is termed after the domain name “.com” which is used by most of the newly formed internet related...
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...Self-reflective journal report of my learning experience in my ADR class. Self-reflective journal report of my learning experience in my ADR class. ADR Journal ADR Journal Reflections Since I started this course I have participated in three role play/ interactive exercises. I started this course without being prepared, I did not know or have any idea what this course will be all about. I totally got the surprise of my life when we were told we would be participating in classroom activities and online quizzes. It was totally different from my other courses. I felt so cautious because I did not want to lose any marks. I prepared myself to try as much as possible to listen to instructions and follow them to the letter, I promised myself I would try as much as possible to get an A if not an A+ in this course. The first exercise which was the magic ring was full of surprises for me. It taught me all about being part of a team, communication and patience. It also made me realise that I could be open and friendly not only to people from my ethnic background but with anyone from around the world. I thought I would just be a silent participator, but I found out I enjoyed the activity and I always looked forward to the next one. I believed I performed averagely during the first in-class activity but I improved really well during the next one, then I performed averagely in the role playing activity. In the role playing activity in which I acted the part of a seller, I acted...
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...involved with several cases of absenteeism even after receiving a warning from my Office. The man was a good member of the staff before this case came up. He was always dedicated to his work always trying to do the right thing for the company. He was also very creative when it came to finding a solution to a challenge in the company. Due to his character we created a good rapport with him trying to involve him in some of my issues that I thought he could be of importance. The good rapport between us made me feel reluctant in taking crucial action which would disadvantage him like suspension or firing. One of his fellow head of department felt that I was doing a little in solving the issue even after the several reports he brought to me about the man. He decided to report the matter to the director of the company. After providing enough proof, the director summoned me and ordered me to fire the head of the department. The decision was tough but I had to do it. I summoned the head of the department to explain to him the situation and issue him with his dismissal letter. After explaining to him, he gave me the reason why he was making those unpermitted absenteeism. He told me that his wife was diagnosed with cancer create at least 6 hours for at least two days a week to be with her as advised by her doctor After confirming that what he told me was true, I could not dismiss him. I had to get back to the director and convince him to spear his job. I got it right in convincing the director...
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...In this report, I will reflect on what I’ve learnt in the course ‘Learning and Communicating Online’ and in particular, I’ll discuss what I have learnt about finding, using and evaluating online sources for academic communication. I’ll also discuss how my ideas of using online sources of information have developed during the course and how the development of an informational resource has helped me understand how to evaluate the credibility of online sources in an academic environment. I will also reflect on the advantages and limitations of working collaboratively in an online community. Firstly, researching a topic through the use of different online resources including informational websites and social media platforms helped me understand not only ‘how I learn’ but also that you can learn different things from different resources. During the course I researched information on MyLink, Holden’s infotainment system. The online resources I used to help with my research included: YouTube, GM Holden website, Reddit, Wikipedia and CarAdvice.com.au. Researching through Wikipedia helped me learn about Piaget’s Constructivist Theory (Atherton, JS 2010) which suggests that when we learn, we build on prior knowledge which is called ‘Assimilation’ and when we change our perceptions or alter our pre-existing knowledge when we learn new information this is called ‘Accommodation.’ From learning this, I knew that I was learning through what Piaget called ‘Assimilation’ where I was able to...
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