Online simulation on the Ilarvard business review website
You take on the role of a senior project manager and manage a team tasked with developing a new product for an electronics manufacturing company.
The primary objectives are to execute a project plan successfully and deliver a competitive product on time and on budget.
The intent is to expose you to realistic challenges that project managers often face, especially when working in a highly competitive industry.
You have 6 scenarios to complete which explore trade-offs among the 3 major project management levers: scope, resources, and schedule.
For each scenario please retain a snapshot of the final results.
A. Provide a summary of the results (as a table- over I page, if you have split up then ensure you have a new category starting on the next page) obtained.
B. Based on your results for each scenario, answer the following questions
Scenario B, C, F
1. Did you complete your projects successfully?
2. What was frustrating or difficult in these scenarios?
3. What strategies did you use to deal with this scenario? What worked? What did not?
4. What happened to your own stress?
5. Having dealt now with different project scenarios, how would you revise your project management advice? If so, how?
Scenario D and E
1. Did you complete your projects successfully?
2. What changed in this scenario?
3. What strategies did you use to deal with this scenario? What worked? What did not?
4. Having dealt now with different project scenarios, how would you revise your project management advice? If so, how?
C. Overall
1. What were the major factors influencing the performance of the project
a. How productive were your team members?
b. Did you encounter a number of problems or need for rework?
c. How did the team morale vary over time?
i. If worse then what could be the reasons?
Submit a professional report with the responses.
Limit to 5 pages (Appendix does not count to the page limit). All tables and figures should be labelled and referenced in the main text.