Preview

ETM 502 Project Management Assignments

Powerful Essays
Open Document
Open Document
2323 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
ETM 502 Project Management Assignments
ETM 502 Project Management Assignments
(Project Management by Gray & Larson, 5th Edition)
Spring 2014

Number Assigned/Due Date Chapter Assignment
1) 12/03/2014-24/03/2014 Ch. 1
Ch. 2
Ch. 3
Ch. 4
Ch. 5 RQ.4
RQ.2, Ex.7.
RQ.3, Ex.4 & Case Orion Systems (A)
RQ.3, Ex.1
Ex.3

Ch. 1 – RQ.4

The technical and sociocultural dimensions of project management are two sides to the same coin. Explain.

The technical and socio-cultural dimensions of the modern project management are two different but complementary necessities of each other. The technical side facilitates to understand scope, define the requirements, shape the boundaries, and allocate the technical resources of a project in an effective way. The socio-cultural side is the rest part of a successful project management discipline. It simplifies the communication between the technical team and customer, motivates team members to collaborate, and helps to figure out creative solutions to unexpected problems. To summarize, a successful project manager must be competent enough in both dimensions of project management to success in all stages and to deal with every possible issues she could face during a project.

Ch. 2 – RQ.2

Explain the role projects play in the strategic management process.

The strategic management process has four significant activities. Those are review and define the mission, set goals and objectives, create strategies and -last but the most important one- implement and go alive via projects. Projects are the execution of strategies and ideas achieved in previous activities of strategic management process. It is the most crucial and compelling part of strategic management process because it takes most of the management effort.

Ch. 2 – Ex.7.

a. Current rates of the projects:
Project 1: 68
Project 2: 57
Project 3: 99
Project 4: 85
Project 5: 107

Highest rate: Project 5
Lowest rate: Project 2

b. Re-calculated rates of projects after the rate of

You May Also Find These Documents Helpful

  • Powerful Essays

    The process evaluation should include a strategy, which involves active participation from the workers, in the organization, in order to meet the objectives of the process evaluations. We will be utilizing and analysis, which is set in place by the expert consultants the director, has contracted. Strategic management is the art, science and craft of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve long-term objectives. Strategic management is the process of specifying the organization 's mission, vision and objectives. Strategic management develops policies and plans, often in terms of projects and programs, which are designed to achieve these objectives. Resources are allocated to implement the policies, and plans, projects and programs. Strategic management seeks to coordinate and integrate the activities of the various functional areas of a business in order to…

    • 1552 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    MGMT 434 Outline

    • 639 Words
    • 3 Pages

    Strategic Management Process- Full set of commitment, decisions, and actions required for a firm to achieve strategic competitiveness and earn above-average returns…

    • 639 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    This two-credit elective course introduces students to the project management skills that are required by successful managers in increasingly competitive and faster-moving environments. Skilled project managers are needed by organizations to reduce the current high rate of project failures and resultant loss of very large amounts of time and money. This course addresses fundamental concepts of successful project management, and the technical and managerial issues, methods, and techniques of project management.…

    • 4728 Words
    • 22 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Project mangement assign

    • 850 Words
    • 5 Pages

    2. Which of the following criterion is key to recognizing that a set of tasks is a project:…

    • 850 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Project Management

    • 440 Words
    • 2 Pages

    1. Project managers frequently face competing constraints. Identify these common constraints and describe approaches that project managers can use to make the trade-offs required to succeed…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The strategic management process consists of four major components; they are environmental scanning, strategy formulation, strategy implementation, and evaluation and control. They each are broken down into their specific roles within the strategic management process. The Environmental Scanning is the monitoring, evaluating, and disseminating of information from the external and internal environments to key people within the corporation. An easy way to use this component would be SWOT, this acronym stands for Strengths, Weaknesses, Opportunities, and Threats and it shows the strategic factors for each individual company. The next component of the process is the Strategy Formula and that is the development of long-range plans…

    • 729 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    MGT wk 1

    • 510 Words
    • 3 Pages

    In society there are hundreds of companies competing for your business on a day to day basis. As a management team it is crucial to understand strategic planning, and know how it can help you grow as a company. In corporate terms, strategic planning is making a plan as a company in order to achieve long-term goals and objectives. Upper management must think strategically first, then apply that thought to a process. The strategic management process is best implemented when everyone within the business understands the strategy. There are five stages for the management team to understand they are goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring.…

    • 510 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    New Heritage Company

    • 3983 Words
    • 16 Pages

    Here a composite report is advanced on the toy industry, New Heritage Doll Company and the evaluation of its investment projects.…

    • 3983 Words
    • 16 Pages
    Powerful Essays
  • Satisfactory Essays

    Strategic management process is defined as an organized way to perform calculated planning in the organization through initial measurement, systematic examination, strategy formulation, its realization and estimation. It also means a method by which managers choose a set of strategies for the business that will allow the method to accomplish better performance.…

    • 276 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Study Guide

    • 10329 Words
    • 42 Pages

    34. (p. 9) According to the text, the strategic management process entails three ongoing processes: A. analysis, actions, and synthesis. B. analysis, decisions, and actions. C. analysis, evaluation, and critique. D. analysis, synthesis, and antithesis.…

    • 10329 Words
    • 42 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Volkswagen Mexico Case

    • 459 Words
    • 2 Pages

    All companies are faced with completing projects, whether it is to make a product, complete a service or an outcome such as a research project. Project Management helps to ensure that the projects are done effectively and efficiently. Project management is the “application of knowledge, skills, tools, and techniques to meet the project requirements.” (Project management body, 2008) There are 5 process groups associated including initiating, planning, executing, monitoring and controlling, and closing. Managing a project is complex, a Project manager needs to define and identify requirements, needs, concerns, and balance constraints such as recourses, schedules, budget and risks.…

    • 459 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Project Management

    • 1194 Words
    • 5 Pages

    You can work on this assignment individually, or in a group of 2 or 3. If you work as a team, please turn in one copy of the assignment.…

    • 1194 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Discuss the process of defining project scope in more detail as a project progresses, going from information in a project charter to a project scope statement, WBS, and WBS dictionary.…

    • 1086 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Strategic management process is the full set of commitments, decisions, and actions required for a firm to achieve strategic competitiveness and earn above-average returns.…

    • 4673 Words
    • 19 Pages
    Powerful Essays
  • Satisfactory Essays

    Project Management-Mb0049

    • 352 Words
    • 2 Pages

    starting a new division in the organization. It decides to advance the existing project management. What are the steps to be followed by the organization to drive project management to a new horizon?…

    • 352 Words
    • 2 Pages
    Satisfactory Essays

Related Topics