Miscellaneous Business Project Details

HOMEWORK 1

Look in your local newspaper or for an article online (which you must attach or reference with your answer/response) and identify a large project. Once you have your project talk to me about the following:

1) What is the core competency of the company -what do they do, specialize in? Have they been in business a while or are they a start up? Do you think their future is bright?

2) Is the project in line with what the company is known for? Are they doing something they do best or are they going for something outside their comfort zone?

3) What do you think their strategy is and who would be interested in it? Please be specific.

4) What resources need to be/are allocated? Please be specific.

5) As a new PM (Project Manager) looking at the project - identify smaller -important- projects that would be part of the larger project.

6) What are the potential global forces that could have substantial impact and alter the project. (Don't just give me STEEP - give me examples of each element of STEEP: Social, Technological, Economic, Ecological, Political)

Example - political- the company project is ___________and lobbyist are talking to the one senator, who has majority power to stop it/move it and its unknown/know whether or if he likes the initiative. Environmental- this train track is on a fault that while not moving for 150 years...its still on a fault. Etc.

7) Any personal thoughts on the project your own opinion on anything we covered that relates to your story. For Example: Do you think its a good project , why & why not? Where do you think the buy in or the pressure is coming from? What is the motivation for the project? How do you feel they are utilizing new technology or building upon something that is already there? etc....