Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Management Expert

MANAGING PROJECTS

SCENARIO GROUP C

Launching a new Product line

You work for a firm that manufactures and distributes haircare products. To this point, your sales have primarily been to retail outlets. The firm has decided to launch a new product line of bulk-packaged hair care products to be sold and distributed to organisations such as hospitals, gyms, schools and universities with residences for students, and similar customers. You are in charge of the team who must present a project plan for the production, sales, and distribution of the new product line to potential investors in order to secure funding to bring the new product to market.

Your Project activity in this module consists of 2 sections. The first section consists of two parts. To complete the first part using the scenario above, add detail and assumptions to the scenario to further define it:

Business Case Presentation (Microsoft PowerPoint presentation, equivalent to 2,500 words)

Use the instructions below to complete all required elements.

SECTION 1

Part 1:

Business Case (Microsoft PowerPoint Presentation, equivalent to 2,500 words): 40%

Your PowerPoint slides can contain notes if needed. These entries include:

To complete the PowerPoint presentation review the scenario case:

a) A definition of the project scope, aims and objectives using the scenario case above (1-2 PowerPoint slides)

Define your scenario organisations'project's scope, aims and objectives.

Further clarify your scenario by identifying your assumptions about the organisational context for your project focusing on the following:
Organisational structure

Organisational type; e.g., project-based organisation (PBO), project-oriented organisation (POO)

Nature of the project environment within the organisation (permanent, transitory, internal/external participants)

The impact of different team roles on a project's chance of success

Explain whether different organisational structures, contexts and projects demand different team roles or whether all organisational structures, contexts and projects need essentially the same roles for their teams.

Using the scenario you were assigned, explain the impact of including different team roles on that project's chances of success.

b): An analysis of stakeholder groups, stakeholder issues and stakeholder management strategies (1-2 PowerPoint slides)

To complete this, continue working with the scenario you were assigned. Perform a stakeholder analysis for your scenario, including the following:

Identify:

Primary Stakeholders: those ultimately affected, either positively or negatively, by the project.

Secondary Stakeholders: the intermediaries, those who are indirectly affected by the project.

Key Stakeholders: those who have significant influence upon a project, or significant importance within the organisation.

Analyse:

Stakeholder Issues: problems that may arise with various stakeholders.

Stakeholder Management Strategies: a plan to address stakeholder issues.

c): An analysis of project tasks and phases using key project management planning tools (2-4 PowerPoint slides)

Reflect on your readings for this unit and familiarise yourself with the project planning tools explored.

Pay specific attention to the Work Breakdown Structure and Gantt chart from your Resources.

Review your scenario and conceptualise which project planning tools you would use for your scenario.

Identify and briefly describe the project planning tools you would use for your scenario, explaining why you would use each one. Be specific and use examples to support your answer.

Perform a Work Breakdown Structure (WBS) and Gantt analysis for the project in your scenario.

Create two Microsoft PowerPoint slides, one titled, ‘Work Breakdown Structure', and the other titled, ‘Gantt Analysis', and include information from the WBS and Gantt analysis you performed.

d): Proposed key performance indicators that could be used to monitor the project's performance (1-2 PowerPoint slides)

In your Resources for this unit, you will explore various ways to measure elements of a project. A technique you will explore is the Balanced Scorecard (BSC). The BSC helps measure organisational performance in relation to the organisation's strategic goals, incorporating financial measures as well as business processes. The BSC aims to find balance between internal and external measures; objective measures and subjective measures; and performance results and the drivers of future results.

Review your scenario.

Develop a budget template for the project in your scenario.

Develop a BSC which includes your suggested KPIs in the four BSC categories for the project in your scenario.

e): An analysis of risks involved in the project and proposed risk mitigation strategies (1-2 PowerPoint slides)

Risk assessment and risk management are used to identify and mitigate risk drivers. A risk driver is a situation in a project from which project risks can arise. Identifying risk drivers can help a project manager evaluate the needs of the project, make changes as needed and allow the project to stay on course.

Review your scenario.

Review the resources from this unit related to risk assessment.

Identify risk drivers in your project and the risks associated with each.

Explain how the risks you identified could impact the project, and propose strategies to mitigate each risk.

f) Project Closure

Explain at least two potential issues that may arise when a project closure is not performed, including how you might resolve these issues.

Be specific and use examples from your own personal experience to support your post.

Explain two ways a post-implementation review can enable a project manager to improve future projects

Add a final 1-2 slide summary of what you have learned from completing your Individual Assignments entries, highlighting specific attributes that would help in securing funding for your project plan.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91767269
  • Price:- $75

Guranteed 36 Hours Delivery, In Price:- $75

Have any Question? 


Related Questions in Business Management

A work breakdown structure wbs and gantt chart developed as

A Work Breakdown Structure (WBS) and Gantt chart, developed as an MS Project file, showing discrete work tasks, grouped hierarchically in a way that helps to organize and define the total work scope of the project for te ...

Assignment choice 1 customer-driven hr costs and benefits

Assignment Choice #1: Customer-Driven HR Costs and Benefits: Assessing the Business Case for Training Read "You Manage It! 2" in  Managing Human Resources  (2016, p. 258). After reading the case, complete the following i ...

175 - 200 word count no plagiarismnbspmust include peer

175 - 200 word count NO PLAGIARISM ,  MUST INCLUDE PEER REVIEWED SOURCE. The organization's strategic plan calls for an aggressive growth plan, requiring investment in facilities and equipment, growth in productivity, an ...

Analyze each 8 of the below separately with a human

Analyze each 8 of the below separately, with a Human Resource mindset on the Company TESLA MOTOR COMPANY. How do they properly manage below? Espoused Values, Employment Law, Recruitment, Hiring Practices, Training Progra ...

Activity - research methodsresearch how quantitative

Activity - Research Methods Research how quantitative research is used in your discipline. Write an essay that describes how quantitative research tools can be used to aid in decision making within your field. Be sure yo ...

Need help with discussion board please read belowuse the

Need help with discussion board, please read below Use the Harvard Business Case, "Crown, Cork & Seal in 1989" as the basis for answering the following questions: Describe the industry structure. Include things such as c ...

A perfectly competitive firm has variable costs given by

A perfectly competitive firm has variable costs given by VC=q^2 and fixed costs of FC=$1. Calculate output and profits if the price were P=$4. Explain whether this firm should shutdown if price falls to P=$1. Provide a l ...

Problem 1nbsp a souvenir shop in downtown san francisco is

Problem 1  A souvenir shop in downtown San Francisco is open 350 days a year and sells an average of 48 Golden Gate Bridge T-shirts a day.  The ordering costs are $35 per order.  The annual holding cost per shirt is $2.2 ...

A plumbing manufacturer makes two lines of bathtubs model a

A plumbing manufacturer makes two lines of bathtubs, model A and model B. Every tub requires blending a certain amount of steel and zinc; the company has available a total of 24,500 pounds of steel and 6,000 pounds of zi ...

Discuss the pros and cons of 360-degree performance

Discuss the pro's and con's of 360-degree performance evaluation. Give practical examples. Minimum 500 words

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen