Subject: Initiating the Project

Section-1 250 words / Subject: Initiating the Project

Reflection and Discussion Forum Week 7

Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding. 

Also, provide a graduate-level response to each of the following questions:

1. Your company is hoping to      outsource some of its work constructing a new development of      condominiums.  What would you use as selection criteria to narrow      down your list of potential sellers?


2. Give specific examples of      risks on a project that are within the team’s control, partially within      the team’s control, and outside the team’s control. Tell how you would      deal with each. 


3. Give two examples of why a      project might be terminated early for cause and two examples of why a      project might be terminated early for convenience.


4. The sponsor of a large      multi-phased project you are managing suddenly decides to terminate the      project early.  How do you respond?  How and when do you notify      your team members? 

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Section-2, 400 words/  Subject: Initiating the Project

Chapter 13: Project Supply Chain Management.

This chapter deals with securing the services and materials that are needed to perform the project. After completing this chapter, each student should be able to perform the following:

Core Objectives:

1. Identify the role of supply      chain management in project management and its importance for ensuring      project success.


2. Describe how to plan,      conduct, control, and close project procurements.

Behavioral Objectives:

1. Explain how to use the      contemporary approach to project partnering and collaboration.

Technical Objectives:

1. Describe the various formats      for supply contracts and when each type is appropriate.


2. Given a project situation,      determine which activities, supplies, or service should be purchased,      create bid documents for one of them, determine the criteria you would use      to select a seller, and then determine and justify the type of contract to      be used.

Chapter 14: Determining Project Progress and Results.

This chapter covers multiple ways in which project managers seek to ensure the project results they planned to make and promised to deliver. After completing this chapter, each student should be able to perform the following:

Core Objectives:

1. Develop and demonstrate use      of a change control system.


2. Demonstrate how to monitor      and control project risks with various resolution strategies.


3. Create and present a project      progress report.

Behavioral Objectives:

1. Describe the importance of      formal reporting and communications.


2. Demonstrate negotiating      skills.


3. Manage conflicts during the      project execution.

Technical Objectives:

1. Describe project quality      control tools, including how and when to use each.


2. Calculate current project      schedule and budget progress, and predict future progress, using earned      value analysis.


3. Document project progress      using MS Project.

Chapter 15: Finishing the Project and Realizing the Benefits.

his chapter deals with all of the processes and issues involved in finishing a project either on time or prematurely. After completing this chapter, each student should be able to perform the following:

Core Objectives:

1. Describe how to determine      when a project should be terminated early and the process for terminating      a project in normal completion time.


2. Describe the importance of      the project closing activities and how to perform them.


3. Create and present a      transition plan for the project, including a plan for ongoing support and      sharing lessons learned.


4. Capture and share project      lessons learned.

Behavioral Objectives:

1. Secure customer feedback and      acceptance of the project.


2. Assist senior management in      managing talent and managing resources for upcoming projects.

Technical Objectives:

1. Close your projects      administratively using MS Project.

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Section :3 , 400 words /  Subject: Initiating the Project

Instructions: Within the context of your Week 2 Business Case project you will address and identify the different types of contracts that are available for supply chain management.

You will copy and paste the Business Case.

For each of the six (6) contract types below you will provide a description of each contract type (based on the weekly readings and material from the textbook) and then identify where each of the contracts could be utilized within your project. These need to be specific examples and explain why the specific contract type would be ideal for these supplies (goods or services). There is no word minimum but each should cover the required material and provide a logical analysis of the specific information sought.

Business Case:

Fixed-Price Contracts

Firm-Fixed-Price (FFP) Contract:

Fixed-Price-Incentive-Fee (FPIF) Contract:

Fixed-Price-Economic-Price-Adjustment (FP-EPA) Contract:

Cost-Reimbursable Contracts

Cost-Plus-Fixed Fee (CPFF) Contract:

Cost-Plus-Award-Fee (CPAF) Contract:

Cost-Plus-Incentive Fee (CPIF) Contract:

Instructions: You have been instructed to provide a detailed analysis of the current progress of cost and schedule for an on-going project. You have been provided the Planned Value, Earned Value, Actual Cost and Budget at Completion. You will calculate the Variances, Indexes and Estimates for the project to provide a comprehensive report on the project. The comprehensive report should explain how the results are calculated, what the results mean, and what specific action steps should or need be taken to bring the project back within scope. Definitions must cite Kloppenborg textbook. 

Planned   Value (PV)

Earned   Value (EV)

Actual   Cost (AC)

Budget   at Completion (BAC)

Schedule   Variance (SV)

Cost   Variance (CV)

Schedule   Performance Index (SPI)

Cost   Performance Index (CPI)

Estimate   to Completed (ETC Method 1)

Estimate   to Complete (ETC Method 2)

Estimate   at Completion (EAC)

To-complete   Performance Index (TCPI)

Comprehensive Situational Analysis: 

Attached word Doc 

Business Case(week:2) (copy and paste): 

Note:

Title Project Article #2: High Speed Train

City: California

News source (APA reference): Gourney, A. (2018, July 30). A $100 billion train: The future of California or a boondoggle? Retrieved from https://www.nytimes.com/2018/07/30/us/california-high-speed-rail.html

Web address: https://hsr.ca.gov/

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Section 4: 500 words /Subject :  Initiating the Project

Imagine if you are working in software company as a manager, how initiating the project subject relevant or helpful to your career?.