3 Pages Due 8/24/2020

Week 1 – IA-1 Essay Assignment

Your Future Career in Project Management

According to a published report on the gap in project management human resource talent (Project Management Institute, 2013), “between 2010 and 2020, 15.7 million new project management roles will be created globally across seven project-intensive industries” (para. 1). As a student in PMAN 634 here at University of Maryland University College, you are taking steps to gain the necessary knowledge, skills, and abilities required to assume a project management position.

Prompt:

· Identify and describe at least three potential project management roles/positions that you would consider as likely employment once you have completed the Project Management Program, or any other program in which you are enrolled. Auditor, Risk & Compliance Analyst, Program Manager

· In what industry are you most likely to find these project management roles/positions? Government &, Non profit Organizations

· How will completing this course, or the PMAN program in project management, prepare you to assume one of these roles/positions, in the industry of your choice, in project management profession?

Instructions for completing this assignment:

1. Review the grading rubric attached to this assignment to understand how you will be graded on this assignment.

2. Compose a short essay (800-1000 words; 2 to 3 pages in length) that provides a critical and thoughtful response to the prompt presented above.

3. Review the literature that will serve as evidence to support your response to the prompt. The literature reviewed will meet these criteria.

a. Use UMUC’s library of online academic databases to locate at least three (3) scholarly journal articles.

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1. Purpose

This article investigates the implementation of a compliance programme (CP) in terms of how practitioners conceive of and execute the responsibilities arising from this corporate governance mechanism.

Design/methodology/approach

This study involves a practice lens approach forms the case study analysis and interpretation, involving both interviews and documentary materials collected from an Italian company with prolonged compliance experience. Schatzki's (2002, 2010) practice organisation framework guides the interpretation of CP as a practice organised by rules, practical and general understandings and teleoaffective structures.

Findings

CP practice evolves over time. A practical understanding of daily actions required to accomplish the CP and a general understanding of the responsibilities connected with the CP, such as the attitudes with which the CP is performed, are mutually constitutive and jointly favour this evolution. Dedicated artefacts – such as IT platforms, training seminars and compliance performance indicators – help spread both of these types of understanding. These artefacts also align practitioners' general understanding with the CP's teleoaffective structures imposed, including the CP's assigned objectives and the desired reactions to them.

Research limitations/implications

The findings have theoretical and practical implications by revealing the relevance of practitioners' understanding of corporate governance mechanisms in their implementation processes.

Originality/value

This study reveals the potential benefits of practice lens approaches in corporate governance studies. It responds to the call for qualitative studies that demonstrate corporate governance as implemented in daily activities.

2. This study addressed four key areas. First, can including vice president compensation, improve the understanding of the relationship between executive compensation and company performance? This study found that the relationship between vice president compensation and company performance was at least as significant, if not stronger, than the relationship between CEO compensation and company performance. Therefore, inclusion of vice president compensation does improve the understanding of the relationship between executive compensation and company performance. 

Second, can incorporating performance measures that better reflect industry requirements improve the understanding of the relationship between executive compensation and company performance? This study did support earlier theoretical work (Grossman & Hoskisson, 1998) that theorized that companies in high innovation industries should utilize market based measures of performance and that companies in low innovation industries should utilize accounting based measures of performance. Therefore, selection of appropriate measures of company performance does improve the understanding of the relationship between executive compensation and company performance. 

Third, can expanding the search to include companies based in Canada improve the understanding of the relationship between executive compensation and company performance? This study found that the relationship between executive compensation and company performance was stronger for Canadian based companies than United States based companies. Therefore, expanding the research to include companies based in Canada does improve the understanding of the relationship between executive compensation and company performance. 

Finally, can choosing additional statistical procedures improve the understanding of the relationship between executive compensation and company performance? This study did find that the use of analysis of variance did expand and clarify the results obtained through the use of ordinary least squares regression. Therefore, the use of additional statistical procedures does improve the understanding of the relationship between executive compensation and company performance.

3. ERP implementation requires a substantial investment and typically built through project management, which needs a rigorous and in limited time management. ERP implementation requires enormous efforts to implement because it involves all business functions in the organization and partners (ERP vendors and consultants) This paper aims to examine the impact of implementing an enterprise resources planning project on firm performance and organizational citizenship behavior as a moderating variable. The study has surveyed 61 respondents representing 61 manufacturing companies domiciled in the region of East Java, Indonesia, which has adopted an ERP system for more than five years. Survey used questionnaire designed with a five-point Likert scale. The respondent is the key user who is responsible for the success of the ERP system in its business functions of the company. Data analysis used SPSS version 25 to assess the indicator validity and examine the hypothesis developed. The result showed that the implementation of the enterprise resources planning project directly affected firm performance. Second, organizational citizenship behavior directly influences firm performance. Third, the implementation of the ERP project influences firm performance with organizational citizenship behavior as a moderator vari-able. This research provides an insight to project manager in building employee relationship to complete the projects on time. This study also enriches the current research in the supply chain theory.

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4. Follow APA (6th edition) style and formatting guidelines to prepare your essay. This will include in-text citations and References page. The essay will be organized in a logical sequence and include at a minimum level 1 heading.

5. Demonstrate the mastery of technology skills by meeting the following criteria:

a. Prepare your essay in MS Word with 1-inch margins on sides/top/bottom, double line spacing, and 12-point font in Times New Roman. Insert page numbers as required in APA.

b. Upload your completed essay in MS Word to the Assignment folder.

6. The assignment is due no later than 11:59 p.m. on Tuesday of Week 1.

Citations:

Stacchezzini, R., Rossignoli, F., & Corbella, S. (2020). Corporate governance in practice: The role of practitioners' understanding in implementing compliance programs. Accounting, Auditing & Accountability Journal, 33(4), 887-911. doi:http://dx.doi.org.ezproxy.umgc.edu/10.1108/AAAJ-08-2016-2685

Campbell, S. K. (2003). A study of top management team compensation and company performance: A north american perspective (Order No. 3081564). Available from ABI/INFORM Collection; ProQuest Dissertations & Theses Global. (305341639). Retrieved from http://ezproxy.umgc.edu/login?url=https://search-proquest-com.ezproxy.umgc.edu/docview/305341639?accountid=14580

See attachment for third citation