Project Management process project
Sow
sccproject.docxSusans Consulting Company (SCC) – Problem Overview
Susans Consulting Company (SCC) has been in business for ten years and has experienced a significant turnover in the project management group, which has prompted senior leadership to investigate.
A preliminary review by senior leadership has determined that Project Managers are frustrated with the amount of required project management documentation, which has impacted their ability to manage projects successfully.
A recent review of the project management process has determined that SCC has spent between 30-40% of its total project budget on projects' overhead costs to include project management costs. A review of industry standards is between 5-15% higher than most companies. In addition, senior leaders found that projects are being delivered between 25% and 50% over budget and late 95% of the time.
Note: Project Management overhead includes the PM's time managing the project, attending meetings, and developing the required documentation.
SCC Request: SCC has reached out to your team because you are experts in defining project management processes and delivering projects on time. The SCC request includes the following:
· The development of a new project management process which at a minimum should include the following:
·
· The ability to track issues, risks, changes
· The ability to view project activities consists of a view of what has been completed and what activities the team is working on over the next reporting period
· The company must have a view into total life cycle project costs to include what has been spent to date, baseline budget, any changes to the budget, remaining budget, and cost of the project at completion
· In addition, to the new process request, SCC has a new project they need to complete by the end of the year with a limited budget and no project management staff.
· Identify a project manager – this individual is responsible for the team assignment ensuring that team members are completing their assigned work on time.
· I will act as the sponsor both for the project and for the methodology build-out. Any questions should be directed to me.
The group assignment has two parts
·
·
· Identify and descript the methodology to be used by the company. Both a narrative and pictorial representation is required.
· Identify and describe the deliverables which must be completed for each project by the project team.
· Identify and describe the process the Project Management Office should use when reviewing changes to the methodology, this should include cadence for the process reviews.
· Identify the prioritization technique the project manager will use to prioritize work delivered in the process. Look at options like PV, IRR, NPV, Pay Back Period
· Identify and describe any risks you see with the new process and mitigation strategies.
· Identify and describe the optimum organizational structure for your methodology.
· Identify and describe the life cycle costing model for your methodology
·
Part 2: Project Description
In addition to building a methodology, SCC has hired you to complete a high-profile project using your new methodology.
·
·
· Project Description: Develop algorithm(s) to monitor user activity on the internet, the algorithms should work on the following applications used by the business today.
· Application A
· Application B
· Application C
· Application X
· Application Y
· Application Z
· Project Costs:
Given the critical nature of the project, the company has provided the following information in terms of cost for each application.
·
·
·
· Year 0 is the projected cost the company has estimated for the build of the component. This includes a 15% overhead cost for project management work
· Year 1-Year 5 is the amount of revenue the company has estimated for the product
· The Acceptable Rate of Return for all projects with the company is 10%
·
. Part 2A: Project Requirements
Your paper should include the following information:
· Project scope statement
· Using the methodology outlined above, describe each phase of the project and its deliverables
· Using your defined project management process outlined above, describe the life cycle model for this project
· Create a WBS for the project. Remember your WBS is a deliverable base, so there should be a section of your WBS which outlines our project management deliverables
· Using your defined prioritization process, prioritize each application.
· Using the defined organizational structure, create a pictorial and narrative description of the organizational structure for the project.
· Identify at least ten potential stakeholders for your project.
· Identify at least five risks to include both threats and opportunities associated with the project. For each risk, please include the following information:
· Category
· Impact
· Probability
· Description of the risk
· Mitigation Strategy
Paper Requirements:
·
1.
1. The paper should be between 15-20 pages and should include:
1. Title Page
1. Reference Page
1. Table of Content
1. Your paper should include APA format (Times New Roman, font size 12, double-spaced, proper grammar, and reference list)
1. Your paper should utilize at least one outside scholarly or professional source related to project management
1. Your paper should include an Abstract, Introduction, and Conclusion
PowerPoint Presentation:
·
2.
2. Create a PowerPoint presentation that outlines the key points of the document. This document should be at least eight (8) slides.
2. Each team member is responsible for presenting one or more sections:
· Slide deck should include the following:
· Title Slide with each participant’s name included
· Overview of the Methodology to include required deliverables
· Organizational structure.
· Prioritization method used and the prioritization of the work
· Project Scope Statement
· WBS for project
· Risks identified
· Things you have learned from this assignment
Susans
Consulting
Company
(SCC)
–
Problem
Overview
Susans
Consulting
Company
(SCC)
has
been
in
business
for
ten
years
and
has
experienced
a
significant
turnover
in
the
project
management
group,
which
has
prompted
senior
leadership
to
investigate.
A
preliminary
review
by
senior
leadersh
ip
has
determined
that
Project
Managers
are
frustrated
with
the
amount
of
required
project
management
documentation,
which
has
impacted
their
ability
to
manage
projects
successfully.
A
recent
review
of
the
project
management
process
has
determined
that
SC
C
has
spent
between
30
-
40%
of
its
total
project
budget
on
projects'
overhead
costs
to
include
project
management
costs.
A
review
of
industry
standards
is
between
5
-
15%
higher
than
most
companies.
In
addition,
senior
leaders
found
that
projects
are
being
de
livered
between
25%
and
50%
over
budget
and
late
95%
of
the
time.
Note:
Project
Management
overhead
includes
the
PM's
time
managing
the
project,
attending
meetings,
and
developing
the
required
documentation.
SCC
Request:
SCC
has
reached
out
to
your
te
am
because
you
are
experts
in
defining
project
management
processes
and
delivering
projects
on
time.
The
SCC
request
includes
the
following:
·
The
development
of
a
new
project
management
process
which
at
a
minimum
should
include
the
following:
·
o
The
ability
t
o
track
issues,
risks,
changes
o
The
ability
to
view
project
activities
consists
of
a
view
of
what
has
been
completed
and
what
activities
the
team
is
working
on
over
the
next
reporting
period
o
The
company
must
have
a
view
into
total
life
cycle
project
costs
t
o
include
what
has
been
spent
to
date,
baseline
budget,
any
changes
to
the
budget,
remaining
budget,
and
cost
of
the
project
at
completion
·
In
addition,
to
the
new
process
request,
SCC
has
a
new
project
they
need
to
complete
by
the
end
of
the
year
with
a
li
mited
budget
and
no
project
management
staff.
Assignment
·
Identify
a
project
manager
–
this
individual
is
responsible
for
the
team
assignment
ensuring
that
team
members
are
completing
their
assigned
work
on
time.
·
I
will
act
as
the
sponsor
both
for
the
project
and
for
the
methodology
build
-
out.
Any
questions
shou
ld
be
directed
to
me.
The
group
assignment
has
two
parts
Part
1:
Build
a
Methodology
·
·
§
Identify
and
descript
the
methodology
to
be
used
by
the
company.
Both
a
narrative
and
pictorial
representation
is
required.
Susans Consulting Company (SCC) – Problem Overview
Susans Consulting Company (SCC) has been in business for ten years and has experienced a
significant turnover in the project management group, which has prompted senior leadership to
investigate.
A preliminary review by senior leadership has determined that Project Managers are frustrated
with the amount of required project management documentation, which has impacted their
ability to manage projects successfully.
A recent review of the project management process has determined that SCC has spent between
30-40% of its total project budget on projects' overhead costs to include project management
costs. A review of industry standards is between 5-15% higher than most companies. In addition,
senior leaders found that projects are being delivered between 25% and 50% over budget and
late 95% of the time.
Note: Project Management overhead includes the PM's time managing the project, attending
meetings, and developing the required documentation.
SCC Request: SCC has reached out to your team because you are experts in defining project
management processes and delivering projects on time. The SCC request includes the following:
The development of a new project management process which at a minimum should
include the following:
o The ability to track issues, risks, changes
o The ability to view project activities consists of a view of what has been
completed and what activities the team is working on over the next reporting
period
o The company must have a view into total life cycle project costs to include what
has been spent to date, baseline budget, any changes to the budget, remaining
budget, and cost of the project at completion
In addition, to the new process request, SCC has a new project they need to complete by
the end of the year with a limited budget and no project management staff.
Assignment
Identify a project manager – this individual is responsible for the team assignment
ensuring that team members are completing their assigned work on time.
I will act as the sponsor both for the project and for the methodology build-out. Any
questions should be directed to me.
The group assignment has two parts
Part 1: Build a Methodology
Identify and descript the methodology to be used by the
company. Both a narrative and pictorial representation is
required.
