d-7

Assignment:

The section is to collectively decide the criteria that, taken as a whole at week end, define a "project."

· The section will discuss sound project and portfolio selection criteria. What opportunity costs must be considered in project and portfolio selection?  What other criteria are important in project and portfolio selection?

· Each student will also succinctly describe at least one example of a project in which he or she has participated and indicate how this project exhibits his or her criteria for a project. You may find that the examples in Schwalbe (2015) serve to recall projects to you.

· Discuss why it matters whether something is a project or not.

· Finally, you should address whether BA-620 is a project for you.

FYI: Here is the definition of a project taken from the Project Management Institute's1 Guide to the Project Management Body of Knowledge (PMBOK) (5th ed., 2013) PMBOK is posted as an eReserve:

                                                              A project is a temporary endeavor undertaken to create a unique product, service or result.

So, by this definition, is your BA-620 an example of a project?

The seminar certainly is a temporary endeavor with a beginning and an end. But is it creating something unique? You might answer these questions as you define what a project means to you --