...Colorado Technical University MGMT690-1403A-02 Phase 5 Individual Project Strategic Management in Dynamic Environments Dr. Colleen Flynn Submitted in Partial Fulfillment of the Requirements for By: Patrick Johnson Globalization rationale for our company While globalization has not been very favorable for mass due to international trade rules and protective measures from local government, as an entrepreneur, I still favor globalization. Many believe that globalization has not been favorable because there’s not enough of it going on. Most corporations fear the failures that come with it. I would simply say if enough research and resources have not been gathered accordingly, then the chances or ratio for failing is highly likely. The hope is, if unnecessary governmental parameters are removed, then it would be much easier for corporation to act accordingly. This will bring increase prosperity for many corporations, but international trade rules are established for many reasons. At most is simply for protection of its economy and assets. The rationale for globalizing our furniture company is quite simple. We simply need to expand and seek opportunities in growth and revenue for the corporation. By doing this we provide long term growth for the corporation. We will extend employment opportunities in much larger footprint. Access to new markets and product lines that might gain the interest of our domestic market. “Globalization leads to freer trade between countries. This...
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...THE MEANING OF PROJECT: A project is a unique venture with specific start and end dates. This is different from an ongoing task that doesn't have an end date. Projects often involve different parts of an organization. Constraints on project include cost, schedule, resources, and quality. There is a give and take between these items i.e. you can't have it all. Usually projects are divisible into stages or phases each with their own set of priorities and goals. A project is an important and carefully planned piece of work that is intended to build or produce something new, or to deal with a problem. The Project Management Institute, U.S.A. has a good definition for it. According to the Institute, a project is a one-shot, time-limited, goal-directed, major undertaking, requiring the commitment of varied skills and resources. It also describes a project as: a combination of human and non-human resources pooled together in a temporary organization to achieve a fixed set of objectives The aforementioned descriptions emphasize that a project does not mean a material body or form, rather it denotes an operation undertaken temporarily to achieve a goal-directed objective within a limited time. In contrast, the Oxford English Dictionary states that a project is "a plan, scheme or table of something; a tabulated statement; a design or pattern according to which something is made; something projected or proposed for execution; a proposal." It is, therefore correct to...
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...City of McMinnville Succession Plan & A Model for Small Tennessee Municipalities 1 Table of Contents Building a case for Succession Planning ....................................................................................... 6 National Statistics ........................................................................................................................ 6 Tennessee Public Management Statistics (TCMA) .................................................................. 8 Succession planning a component of Workforce Planning ......................................................... 8 Benefits of Succession Planning ................................................................................................. 10 Competencies ............................................................................................................................ 10 Timing ........................................................................................................................................ 11 Foundation ................................................................................................................................. 11 Additional Information and Preliminary Work .......................................................................... 12 Mission, Vision, Values, and Goals ...........................................................................
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...04-75-100-Section 30 Introduction to Business Summer 2015 04-75-100-Section 30 Introduction to Business Summer 2015 Class meetings: | Tuesdays: 7:00 to 10:00 p.m. (OB B14) | Professor: | Prof. Nicole Anderson | Office: | Room 118 OB | Office hours: | Tuesdays, 5:30PM – 7:00PM | E-mail: | nsleiman@uwindsor.ca | Secretary:Office: | Ms. May NhanRoom 405 OB | E-mail: | nhan@uwindsor.ca | Teaching Assistants: | To Be Assigned | | | This course will familiarize students with business including marketing, operations, finance, accounting international business and human resource management. By the end of the course students should develop a general understanding of business including but not limited to its various applications and forms, key challenges to ethical decision-making, key success factors for a career in business, and the impact on, and the impact of, business on political, legal, social, cultural and economic environments. Methodology This class follows a lecture-discussion format. Students are expected to be prepared to discuss readings assigned for each class. With only limited time to meet during the semester, is it essential that students be prepared to engage, participate and contribute in each session. Lectures and readings will be supplemented by discussion, videos, and case studies, which apply concepts to real-world situations. Textbook, Other Materials and Course Web Site * Bissonette, G. 2012. Business:...
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...or two phase system. In Phase I, the goal is to establish a risk baseline that individual tender responses can be compared to. Phase 2 builds on Phase 1 where the goal is to compare the individual tender’s approach to the potential effects of risk on the project. The two phase process is a systematic process which helps to ensure the greatest attention and effort is focused on the high risk areas for the project. 1. Which case study does a better job at identifying risks? Explain why. Phase 1 and Phase II use the same process for identifying risk; therefore there is an equal level of performance. Determining which case study does a better job of identifying risks is made much easier by applying the definition. “Risk identification determines what might happen that could affect the objectives of the project, and how those things might happen.” The process should be comprehensive to ensure all key elements have been identified. The preferred method for risk identification is brainstorming. In Phase I and II the project team uses a risk WBS as noted in figure13.2 for Phase I and figure 13.11 in the text. The risk WBS was developed using brainstorming as discussed in Chapter 2, and each risk WBS item is reviewed. Any required clarification is provided by the team member most familiar with the risk. The primary objective for Phase I is to establish and document “a risk baseline against which individual tender responses can be compared.” The primary “objective for Phase II is...
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...Project Charter UNIVERSITY OF CALIFORNIA CUSTOMER RELATIONSHIP MANAGEMENT TOOL IMPLEMENTATION Prepared for University of California, Office of the President Table of Contents BACKGROUND.. ................................................................................................................................ ……….3 MISSION…………………………………………………………………………………………………………………………………………………………..3 PROJECT SCOPE ......................................................................................................................................... 4 BuSINESS OBJECTIVES .................................................................................................................................. 4 PROJECT OBJECTIVES .................................................................................................................................... 4 Release Phase One Scope........................................................................................................................ 4 PROJECT DEPENDENCIES ...............................................................................................................................5 OUT OF SCOPE AND ASSUMPTIONS.....................................................................................................................5 PROJECT GOVERNANCE MODEL .................................................................................................................. 7 KEY STAKEHOLDERS...
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...Introduction As quoted by the CIO journal December 2003 issue, “By the numbers available, the software quality stinks.” The Standish Group reported in 1999 that 74% of all projects were not successful.6 According to a survey by Standish Group in 2002, only 34 % of the software development is successful. Around 38 billion US dollars are lost every annum due to software failure [2] and one of the major reasons for this high failure rate is poor software quality. Typical software projects are often late, over budget, of poor quality, and difficult to track. Engineers often have unrealistic schedules dictated to them and are kept in the dark as to the business objectives and customer needs. They are required to use imposed processes, tools, and standards, and often take shortcuts to meet schedule pressures. Very few teams can consistently be successful in this environment. As software systems get larger and more complex, these problems only get worse. The best projects are an artful balance of conflicting forces. To balance these conflicting forces, teams must understand the complete context for their projects. The field of Software Engineering has studied many techniques that build software engineering skills to create better quality software. However, there has been little attention paid to the impacts of individual discipline in software development. This...
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..., an intensive marketing campaign is necessary, that will raise awareness about entrepreneurship, and the facilities that are in place to aid an individual who is attempting to do so. The implementation of this marketing campaign will take place in three individual phases. These will be carried out as short, mid and long-term plans. The phase 1, short term plan will take place over a period of 6 months, as shown in figure 1. Thereafter, the phase 2 program of events is scheduled to be carried out over the following 18 months, while the third phase of the proposal is planned for the long term of the project, and will continue for at least 3 years thereafter. . Phase 1 The first phase of the project proposal will be focused towards the generation of the campaign committee. The campaign committee will be responsible for carrying out the entire project, and will therefore need formulated into a well ordered structure. The hierarchy of the committee will be essential in the success of the proposal, because clear lines of authority need to be observed and followed. The committee will require a structure that deals with all of the issues that the project may be required to approach. The head of the committee will be a campaign manager, who will be responsible for the general management of the project. He/she will be required to liase with...
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...Effectiveness Using Technology Resources | Phase 1 - Task 1 | Task Type: | Discussion Board | Deliverable Length: | See assignment details | | | | | Primary Discussion Response is due by WednesdayYou have been called in by your boss. The company is considering buying another smaller firm; however, some business analysis is needed for your company management to make its final decision about purchasing. Your boss has asked you to look at the firm that he or she is considering to buy in terms of competitive advantage. You have been asked to explain to senior management how you would provide this information. You have been tasked with using Porter's five forces to make this determination. Discuss and defend to your management how utilizing Porter's five forces to analyze any organization or industry would provide an understanding of competitive advantage. | | Phase 1 - Task 2 | Task Type: | Individual Project | Deliverable Length: | See assignment details | The company that you are working for is considering buying another smaller firm. However, there is some business analysis needed for your company to make its final decision about purchasing. Throughout this course, you will be working on creating the Business Strategy and Management Plan.Keep in mind that the final Business Strategy and Management Plan template should contain the following elements: * Title page * Course number and name * Project name * Your name * Date * Table of contents...
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...CHOICES WHO WILL BUILD YOUR SYSTEM: 1. Insourcing 2. Selfsourcing (also called end-user development) 3. Outsourcing MAJOR SDLC PHASES: 1. Planning 2. Analysis 3. Design 4. Development 5. Testing 6. Implementation 7. Maintenance PRIMARY ACTIVITIES IN PLANNING PHASE: 1. Define the system to be developed 2. Set the project scope 3. Develop the project plan PRIMARY ACTIVITIES IN ANALYSIS PHASE: 1. Gathering the business requirements 2. Prioritize the requirements PRIMARY ACTIVITIES IN DESIGN PHASE: 1. Design the technical architecture 2. Design the system model PRIMARY ACTIVITIES IN DESIGN PHASE: 1. Build the technical architecture 2. Build the database and programs PRIMARY ACTIVITIES IN DESIGN PHASE: 1. Write the test conditions 2. Perform the testing of the system PRIMARY ACTIVITIES IN IMPLEMENTATION PHASE: 1. Write detailed user documentation 2. Provide training for the system users PRIMARY ACTIVITIES IN MAINTENANCE PHASE: 1. Build a help desk to support the system users 2. Provide an environment to support system changes COMMON TYPES OF TESTS: 1. Unit testing 2. System testing 3. Integration testing. 4. User acceptance testing (UAT) TYPES OF TRAINING: 1. Online training 2. Workshop training IMPLEMENTATION METHODS: 1. Parallel implementation 2. Plunge implementation 3. Pilot implementation 4. Phased implementation COMPONENT-BASED...
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...Standard Operating Procedure Personal Finance Project Team Author/s: | Lucille Olivier | Document Ref: | SOP | Creation Date: | 13 September 2011 | Version: | 1.0 | Last Updated: | 13 September 2011 | Table of Contents 1. Introduction 1.1 Introduction 1.2 Purpose 1.3 Project Framework 1.4 Project definition, prioritisation and approval 1.5 Project Process 2. Initiation Phase – The Needs Analysis Process 2.1 Initiating a Project 2.2 Stakeholder Analysis 2.3 Kick Off Meeting 2.4 Functional Specification 2.5 Initiation Phase Overview 3. Validation and Feasibility Phase 3.1 Technical Specification 3.2 Costing 3.3 Reporting Analysis 3.4 Pre Project Plan 3.5 Communication Plan 3.6 Risk Register 4. The Approval Phase * The business case * Motivational Documents 5. The Prioritisation Phase 5.1 The priority matrix 5.2 Resource Scheduling 5.3 The Prioritisation Phase Overview 6. The Execution Phase 6.1 Training plan 6.2 Operations plan 6.3 Communication plan 6.4 The Execution Phase Overview 7. Monitoring and Controlling Phase 7.1 The Monitoring and Controlling Phase Overview 8. The Closure Phase 8.1 Administrative Closure 8.2 Preparing project closeout and lessons learnt 8.3 Recognize and celebrate outstanding project work 8.4 The Closure Phase Overview Introduction * 1.1 Introduction A Standard Operating...
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...IT Project Implementation Failures HCS/245 September 16th, 2013 Marc Magill Project Implementation A typical IT Implementation process normally follows SDLC process. SDLC refers to Standard Development Life-Cycle. Below are the standard SDLC phases: 1) Initiation Phase 2) System Concept Development 3) Planning 4) Requirements Analysis 5) Design 6) Development 7) Integration & Testing 8) Implementation 9) Operations & Maintenance 10) Disposition Any project starts with an Initiation phase when a Business or Project Sponsor identifies a use case or need or opportunity to achieve some of the company’s strategic goal. Based on this proposal will be created. System Concept Development phase where we define the scope, business requirements trace matrix, Cost Benefit Analysis, Risk Management Plan and if the proposal can be feasible and define an approach. This is the phase where you identify all stakeholders and socialize the project for its approval. Planning phase is where you do vendor selection; create project management plan, project schedule and any other planning documents. Budget plan, Resource plan will also be defined in planning phase. Disposition provides end of system activities and lessons learned and close the project. Requirements Analysis is where you work closely with business users and understands their needs, develop user needs and create a detail functional design document and get approval from all stakeholders. Design phase is...
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...[pic] Quality Assurance Plan For WAN Solutions Date: 5/26/2012 Revision Sheet |Release No. |Date |Revision Description | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |[pic] | | | ...
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............................................................................................. 3 1.3. Project Background .......................................................................................... 3 2. CHANGE MANAGEMENT ........................................................................................ 4 2.1. Overview ............................................................................................................. 4 2.2. Objectives .......................................................................................................... 4 2.3. Approach ............................................................................................................ 4 2.4. Methodology ...................................................................................................... 5 3. MOSP CHANGE ENABLEMENT WORKSHOP ....................................................... 6 3.1. Overview ............................................................................................................. 6 3.2. 3-Phase Process ................................................................................................ 7 3.3. Phase 1: Preparing For Change ....................................................................... 8 3.4. Phase 2: Managing Change .............................................................................. 9 3.5. Phase 3: Reinforcing Change ........................................................................... 9 ...
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...the technical development phase alone. (Crawford, & Di Benedetto, 2015) b. The new products process is incredibly complex and difficult and when a product fails there is often public scrutiny. 3.Globalization and New Product Development a.”To a greater extent than ever before, firms are seeing new product development as a global process in order to take advantage of worldwide opportunities and increase their efficiency and effectiveness of innovation.” (Crawford, & Di Benedetto, 2015) b. Global innovation cultures are the most effective at producing results. 4. How Product Development Is Different a. Product development teams are composed of a wide-range of professionals from multiple disciplines. b. Product development requires a creative and planned process. 5. What Is a New Product, and What Leads to Success? a. New Products come in a variety of ways. Some are completely new to the market where as others are existing products that have a new line or new functioning. b. Products must be unique and superior in order to succeed. Consumers must feel as if the value added is worth the costs. 6. Does This Field of Activity Have a Unique Vocabulary a. As the field of product development is both global and contains a melting pot of individuals vocabulary is unique to the field. 7. Does the Field of New Products Offer Careers? a. There are few entry level positions in the field because most managers want experienced individuals. 8. The Strategic Elements...
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