Premium Essay

Proect Activities and Sequencing Scenario

In: Business and Management

Submitted By ckdennard
Words 718
Pages 3
Project Activities and Sequencing Scenario 4: Smartphones for upper management
Courtney Dennard
CPMGT/301
Dr. Jeff Atkinson
8/10/2015

In the context of project scenario four, the firm currently issues its executives with smartphones with abilities to access the internet. As one of its major undertaking, the firm seeks to expand its smartphone program to include all employees that own a mobile phone and a laptop. The company has ten senior members of the executive who are prioritized by the scheme, as well as another one-hundred employees that own a cell phone and a laptop. Notably, fifteen employees that have been signed up for the training will require the program’s expanded internet service. In case funding gets approved, this project is intended to save considerable finances in the long run.
The Scope of the Smartphone Project The scope of the Smartphone project is to establish the deadline for project, in terms of the time duration it will take to finally realize the programmed expansion across the firm (Kerzner, 2013). In the context of this project, finalization of the firm’s member upgrade should be achieved within a period of one month. The project scope also includes the information necessary for successful completion of the project. Importantly, acknowledging the cost of the intended expansion under scenario four must be considered prior to any subsequent project decision making (Heagney, 2012). Such cost analysis must include any potential system upgrades, materials, labor demands, as well as training and maintenance expenses.
Stakeholder Needs The project’s stakeholder demands will vary based on the outcome expected of each engaged party. In the Smartphone project scenario, stakeholder interests in the final outcome mainly emanate from the firm’s 100 employees enlisted for the upgrade. Other stakeholder interests arise from the firms whose…...

Similar Documents

Premium Essay

Scenarios

...Scenario 1 The VP of Operations has assigned me and my team to come up with a strategy of initiating this new beverage into the global marketplace and provide feedback of our strategic marketing plan back to him; resulting in downward communication commonly used within many corporations amongst upper and middle managers but “the best communicators explain the reasons behind their downward communications but also solicit communication from the employees they supervise.” (Robbins & Judge, 2011, p. 345) The communication channel I will use is texting due to the fact we need to come up with a strategy and implement it within a week; I would need to get everyone together ASAP; I think of texting as emailing but on a fly and when I’m in a hurry. To the conference room we go. While we are meeting I will be using the lateral form of oral communication because we are peers in the same group; yes I may be the leader; but my contributions are no more or less than anyone on this team. This presentation will be a part of the upward communication channel once we (the group) have successfully decided on how to implement this strategic marketing plan. In order to effectively engage the Vice President of Operations; we must have our boss’ undivided attention, explain what we believe would work the best and make sure that our agenda utilizes the boss’ attention quite well. The lateral communication channel is the best choice in this situation because our boss will have the feedback that he...

Words: 307 - Pages: 2

Premium Essay

Scenario

...Scenario “Lam Company Limited” (Task 1) 1. Identify and analyse the business problem at Lam Limited Business analysis is a research discipline of identifying business needs and determining solutions to business problems. Solutions often include a systems development component, but may also consist of process improvement, organizational change or strategic planning and policy development. The first step to analyse a problem is, to describe the problem as short as possible and list all factors, which could be important for the problem. The Lam Limited Company is experiencing difficulties, concerned with the problems with its customers returning defective toner cartridges. The customer service department found that not all the returns were results of a faulty product. Some users may not very familiar with the correct method of loading the cartridge into the printer. Five steps to Solving Problems in Business: a) Develop a Process to Identify Problems The first step is to have a process that identifies when problems arise so they can be addressed as quickly as possible.  It is important to be ahead of the curve so the customer experience is not impacted.  For Lam Limited is necessary to find a faulty product and improve product instruction. The sooner the issue can be identified the quicker a plan of action can be put together to resolve the problem. b) Collect Data Accurate data should be the cornerstone for decision making and collecting and analysing business data......

Words: 2125 - Pages: 9

Premium Essay

Scenario Analysis

...1 PROBABILISTIC APPROACHES: SCENARIO ANALYSIS, DECISION TREES AND SIMULATIONS In the last chapter, we examined ways in which we can adjust the value of a risky asset for its risk. Notwithstanding their popularity, all of the approaches share a common theme. The riskiness of an asset is encapsulated in one number – a higher discount rate, lower cash flows or a discount to the value – and the computation almost always requires us to make assumptions (often unrealistic) about the nature of risk. In this chapter, we consider a different and potentially more informative way of assessing and presenting the risk in an investment. Rather than compute an expected value for an asset that that tries to reflect the different possible outcomes, we could provide information on what the value of the asset will be under each outcome or at least a subset of outcomes. We will begin this section by looking at the simplest version which is an analysis of an asset’s value under three scenarios – a best case, most likely case and worse case – and then extend the discussion to look at scenario analysis more generally. We will move on to examine the use of decision trees, a more complete approach to dealing with discrete risk. We will close the chapter by evaluating Monte Carlo simulations, the most complete approach of assessing risk across the spectrum. Scenario Analysis The expected cash flows that we use to value risky assets can be estimated in one or two ways. They can represent a......

Words: 17404 - Pages: 70

Premium Essay

Scheuling and Sequencing

...machine 2 ends its job and delivers the good to machine 1 for the completion of job 1. Machine 3 stays idle till machine 2 finishes its job. Produced goods from machine 1 and 2 accumulated by the time elapses. Moreover to obtain a single finished product, the required unit of time is 5,15 which is almost same as the below sequence in machine 3. By the way it is possible to say that, using all three machines within a consequence has not much efficiency over the older idea. Moreover, older decision has its own opportunities like any crashes in machines won’t disturb others because of the independent production from each other. By considering the applicable 2 decisions, first one may be the appropriate one to choose to pursue on the further activities or implementations. The latest model could be applied in similar problems and also could be improved in way that obtain more specific and realistic results because none of the mathematical model gives 100% complying results into the real life.   Appendix 1 First draft of the model Objective Function; Subject to; B: large number di: due date ei: earliness cost per period for job i Ei: length of time job i is early pim: processing time for job i using machine m M number of machines available N number of jobs to be scheduled sji: setup time for job I when it immediately follows job j ti: tardiness cost per period for job i Ti: length of time job i is tardy Xi completion time of job I Yijm 1 if the job i......

Words: 2197 - Pages: 9

Premium Essay

Scenarios

...is. At times that tort law includes the protective barrier over criminals, and in many cases it is used as exactly that. This paper examines the lives of varied individual in four different cases in which tort law is used, and quite possibly abused. The Scenario Paper In any courtroom across the country, and more than likely, across the globe, a person can find the use of tort. Over the years, the governing bodies in tort law have transformed it from its common law origins. Tort, as with any law, is forever changing and evolving by the use of lawyers and judges, alike. Despite certain efforts for the reform of tort, it is still difficult to overlook the use of modern torts and fail to see the convoluted system of rules and laws covering the main purpose of tort law. According to the Cornell University Law School website (2010, para. 4), “torts fall into three general categories: intentional torts (e.g., intentionally hitting a person); negligent torts (e.g., causing an accident by failing to obey traffic rules); and strict liability torts (e.g., liability for making and selling defective products).” This paper will examine a few of these types of torts and their possible outcomes. Scenario One In scenario one, there are several intentional and unintentional tort actions that are displayed. The torts that clearly stand out are battery and intentional infliction of emotional distress. Actional battery existed when Daniel came into physical contact with Malik......

Words: 1760 - Pages: 8

Premium Essay

Shotgun Sequencing

... What Shotgun Sequencing has uncovered about the Human Microbiome Institutional affiliation Name Date Introduction The human microbiota consists of microorganisms that live inside as well as on humans and they outnumber the human germ cells and somatic cells ten times (Turnbaugh et al. 2007). The collection of genes of these microbial organisms (the microbiome) provides the characteristics that human beings lack (Zimmer 2010). There are two major techniques that are currently used to characterize the microbiome, namely; the (rRNA) small-subunit ribosomal RNA, and the metagenomic study, wherein shotgun sequencing is used to characterize community DNA of these microorganisms. Shotgun sequencing of the human microbiome Shotgun sequencing, also called shotgun cloning in genetics, is a process used for sequencing long strands of DNA. Shotgun sequencing was referred so by resemblance with the quasi-random shotgun firing pattern. The shotgun sequencing method was developed by Fredrick Sanger in the 1970s. The chain termination sequencing process is only be used to sequence relatively short DNA strands. Longer sequences of DNA must be sub-divided into shorter fragments, and then subsequently reassembled to give the entire sequence (Venter et al. 2004). Shotgun sequencing process, which uses random fragments, is used to sequence shorter fragments of longer DNA strands. The process is faster but more complex process. The DNA strand is randomly......

Words: 1779 - Pages: 8

Premium Essay

Reform and Opening in China: “Sequencing” or “Parallel Partial Changing”

...Reform and Opening in China: “Sequencing” or “Parallel Partial Changing” FAN Gang National Economic Research Institute China Reform Foundation Beijing, China November, 1999 Content I. Introduction: Lessons of Asia Financial Crisis for Reform and Opening  Benefits from Globalization  Constrains to the developing countries  The “unequal footing”  A common cause of Asian crises: “incompatible opening”  The Lessons from Asia crisis: Speed up the reform and Balance the globalization and domestic restructuring  Case of China: Gradual liberalization II. China: Opening process and benefits from the globalization II. 1 Trade. II. 2 Foreign Investment II. 3 Service sectors III. Potential negative impacts of further market liberalization III. 1. Unemployment in general III. 2 Agriculture III. 3 SOEs and Manufacture industries III. 4 Service sectors III. 5 Inter-region and inter-group income disparity IV. Impacts of Asia crisis and corresponding policies V. How to achieve further “Compatible opening”  Will the quick market liberalization solve the problems?  Reforms and opening  “Compatible opening” vs. “sequencing”  Timetable for opening?  No universal solution China has quickly opened its economy in the past 20 years. It is became the largest FDI recipient developing country since 1993 and the trade is already equivalent...

Words: 7943 - Pages: 32

Free Essay

Activities

...| Team building Activities | | 1. Blind Wine Waiter Team Building Task Overview Teams of six must successfully find, uncork and pour a bottle of wine into five glasses. Each team manner must carry out no more than one element of the task and at least five of the team must wear blindfolds. Pre-Work None required Equipment and Layout One bottle of wine per team, one wineglass per team, blindfolds for 5 members of each team, one corkscrew per team. Running The Activity 1. Introduce this as a light-hearted activity that will improve communication across teams. 2. Divide the group into teams of 6 and ask each team to elect a leader. 3. Hand out blindfolds to all team members other than the leader, instruct all team members other than the leader to put on their blindfold. 4. Ask the team leader to take a seat somewhere close to his/her team and ask him/her to sit on her hands. 5. For each team, position one bottle of wine, one wineglass and one corkscrew in various locations around the room. Take care to ensure that nothing is positioned where it might easily fall or break (eg make sure the wine bottle(s) and glass(es) are placed on the floor against a wall, or in the centre of a table). 6. Tell all participants that their task is to find a bottle of wine, a corkscrew and a wine glass, open the bottle and pour their leader a glass of wine. 7. Tell the participants the rules: - the team leader cannot move from his/her position and......

Words: 6849 - Pages: 28

Premium Essay

Scenarios

...Legal Risk and Opportunity in Employment (New Corp Scenarios) LAW/531 – Business Law University of Phoenix February 23, 2011 Scenario One In this scenario New Corp is liable for wrongful termination. Unfair treatment was being displayed when pat was terminated. There had been no discussion between Pat and New Corp informing him that his job was in jeopardy or that he needed to improve his performance in any areas. Pat signed an agreement when hired for New Corp which stated that if his job performance became an issue he would be reprimanded and put on a corrective action plan to hopefully increase his productivity. There is no precise wrongful termination law but Pat’s situation is considered part of the discrimination law. Since voicing his opinion in a board meeting that was thought to be unpopular Pat feels like he has been discriminated against and treated unfairly by New Corp management. Also the contract that Pat signed has been breached because he never received notice that there was a problem with his performance. Instead he only received notice that he would be discharged which is in violation of the contract signed. New Corp will start working on these legal issues to make sure this situation doesn’t come up again. Scenario Two In the case with Sam New Corp is liable for a sexual harassment. He violated this policy when he became involved with Paul and exhibited unwelcome behaviors, even after she told him to stop. Sexual harassment is violating a......

Words: 470 - Pages: 2

Premium Essay

Scenario.

... Respond to the following scenario with your thoughts, ideas, and comments. This will be the foundation for future assignments. Be substantive and clear, and use examples to reinforce your ideas. Because this is your first week as vice president (VP) of finance at Apex, several members of the top management team have stopped by your office. Timothy Russell, chair of the audit committee, comes in first to talk with you about the Sarbanes-Oxley Act of 2002 (SOX). “Welcome to Apex,” he says. I hope you’re getting comfortable with us here. We have a lot on our plate, and we need your assistance with some important compliance issues.” “Thanks, Tim,” you say. “Mary Francis mentioned Sarbanes-Oxley when I talked with her last week. Maybe we can start with that.” “Right. As you know, our company is private and will eventually need to seek external funding. Currently, we're not compliant with all of the requirements of SOX. Apex is compliant with Section 404 regarding internal control, but not 302 relating to the certification of the chief executive officer (CEO) and chief financial officer (CFO)." He continues, "As you know, compliance is necessary for an initial public offering (IPO) of equity shares. If John and Mary aren't confident that the internal control is sound, then they need to take steps now to change procedures.” “So, let's discuss the requirements and considerations for the CEO and CFO to achieve compliance with Section 302 of SOX,” you say.  “Exactly,” he responds...

Words: 323 - Pages: 2

Free Essay

Scenario

...Scenario: Apex Printing, Inc. Apex Printing, Inc. is a private, domestic United States printer of periodicals, newspaper inserts, and advertising materials that accompany distributions of Sunday and weekday circulations of large metropolitan newspapers. The company, headed by CEO John Matthews, generates $450 million in revenues from three product lines (periodicals, inserts, and advertising) and has long-term contracts with several large U.S. retailers to produce weekly sales flyer inserts as well as metropolitan newspapers to produce Sunday magazine inserts and coupons. Its printing presses are characterized by offset print technology and capable of high-capacity output; in addition, the company recently migrated to water-soluble inks, which reduce manufacturing emissions considerably. The company’s executive team, employees, and above all, its Vice President (VP) of Production, Luke Stewart, are committed to environmentally sustainable manufacturing practices. Presently, the only substrate Apex uses is paper, specifically newsprint of various weights. Trim and waste are recycled in accordance with the company’s sustainability commitment. Manufacturing divisions are geographically aligned with customers’ locations to minimize logistics cost and response time to customer requirements; however, a centralized corporate entity administers functions such as human resources, information technology, and financial reporting. The VP of Sales and Administration, James Simeon,......

Words: 382 - Pages: 2

Premium Essay

Scenario

...BUSN105: Scenario You are an inventor who enjoys working around the home, cleaning, cooking, and doing minor home repairs and remodeling. You have little financial skills and no management skills. You have a great idea for a new kind of home appliance that meets everyday consumer needs. Your net worth is not very high so you have no idea if you’ll be able to “fund” this start-up. You know that currently there are similar products that meet the consumers’ needs, but those products are inherently dangerous. You know nothing about manufacturing other than that it costs lots of money to set up a plant. You are convinced that this new technology idea would be applicable in a wide range of other products. Your spouse, knowing how much time this venture will take away from family time, has asked you for an example of what you mean to make sure your idea isn’t some harebrained scheme. You mention the following as two similar ideas that were developed for one application but proved to have VERY widespread applications: a. The “clicker” was initially invented for use with TV’s, but now has widespread applications for a host of electronic applications, just like your technology could potentially do. b. The 3-prong power cord for electrical appliances was invented for higher quality appliances. Lower quality appliances have a 2-prong cord, which is a safety issue. Better quality power cords have the 3rd “ground” wire, so now it has widespread application, just like your technology could...

Words: 506 - Pages: 3

Premium Essay

Scenario

...Communication Channel Scenarios Scenario 1 The communication channel that best suits this situation is a team meeting. This is the best choice because as the marketing manager, information can be relayed in a timely fashion and a quick response from the teammates can be received. With the deadline being a week away, it is vital that quick feedback is delivered. Being that the content is rich in information, the face-to-face communication helps to reduce any misunderstanding. If this issue were to arise, it can be resolved immediately. While relaying the strategy plan to the Vice President, a face to face conversation is also necessary. By implementing this communication channel, information can be presented with minimal time and with rapid feedback, additional changes can be made promptly. Scenario 2 To contact the IT department, a phone conversation would be the appropriate form of communication. The reason for this communication is because it is an issue that has a high demand to be resolved quickly. To inform employees, an email with the new login name and password would be sent immediately. Written communication is the best choice for this routine message because it is concrete and can be easily accessed at a later date if needed. Scenario 3 If faced with the issue of reducing the number of employees in order to stay productive, the proper communication to inform workers of the decision is a one-on-one meeting with each employee. Being that the message has......

Words: 339 - Pages: 2

Free Essay

Scenario

...SCENARIO PLANNING Scenario planning, also called scenario thinking or scenario analysis, is a strategic planning method that some organizations use to make flexible long-term plans. It is in large part an adaptation and generalization of classic methods used by military intelligence. The original method was that a group of analysts would generate simulation games for policy makers. The games combine known facts about the future, such as demographics, geography, military,political, industrial information, and mineral reserves, with plausible alternative social, technical, economic, environmental, educational, political and aesthetic (STEEEPA) trends which are key driving forces. In business applications, the emphasis on gaming the behavior of opponents was reduced (shifting more toward a game against nature). At Royal Dutch/Shell for example, scenario planning was viewed as changing mindsets about the exogenous part of the world, prior to formulating specific strategies. Scenario planning may involve aspects of Systems thinking, specifically the recognition that many factors may combine in complex ways to create sometime surprising futures (due to non-linear feedback loops). The method also allows the inclusion of factors that are difficult to formalize, such as novel insights about the future, deep shifts in values, unprecedented regulations or inventions. Systems thinking used in conjunction with scenario planning leads to plausible scenario story lines because the......

Words: 5115 - Pages: 21

Premium Essay

Scenario:

...Scenario:  You are a new IT manager with the U.S. Geological Survey (USGS). This federal government position is a 2210-Supervisory Policy and Planning Specialist. “The USGS serves the nation by providing reliable scientific information to describe and understand the Earth; minimize loss of life and property from natural disasters; manage water, biological, energy, and mineral resources; and enhance and protect our quality of life” (USGS). In this position, you manage the staff members responsible for ensuring that the USGS adheres to all federal legislation related to information security. You have been asked to provide a detailed briefing to executive staff at the USGS. The purpose of your presentation is to justify the need for additional staff to help keep the USGS in compliance with the ever-changing and complex federal requirements for information security. Your presentation will include a comprehensive analysis of federal information security legislation that applies to your agency. Task:   A.  Prepare a multimedia presentation (e.g., PowerPoint, Keynote) (suggested length of 14–16 slides) based on the given scenario in which you do the following: 1.  Analyze the effects of  the key points addressed by the policy framework of the Federal Information Security Management Act (FISMA) of 2002 on the USGS. 2.  Discuss the role of the federal Office of Management and Budget (OMB) on ensuring that all federal agencies, including the USGS, are compliant with......

Words: 613 - Pages: 3