Disscussion 1
Reflection and Discussion Forum Week 2
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:
What are some of the key difficulties in successfully implementing portfolio management practices?
Discuss the concept of emotional intelligence as it relates to the duties of project managers. Why are the five elements of emotional intelligence so critical to successful project management?
Consider the profile examples on project leaders Sir John Armitt and Jim Watzin from the chapter. If you were to summarize the leadership keys to their success in running projects, what actions or characteristics would you identify as being critical? Why? What are the implications for you when you are given responsibility to run your own projects?
Respond to the post of at least two peers, using
100 words
minimum each.
[Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion].
[Your initial post should be at least
450+ words
and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review]
Disscussion 2
Activity 2
Case Study 3.1 Keflavik Paper Company
Keflavik Paper is an organization that has lately been facing serious problems with the results of its projects. Specifically, the company’s project development record has been spotty: While some projects have been delivered on time, others have been late. Budgets are routinely overrun, and product performance has been inconsistent, with the results of some projects yielding good returns and others losing money. They have hired a consultant to investigate some of the principal causes that are underlying these problems, and he believes that the primary problem is not how project are run but how they are selected in the first place. Specifically, there is little attention paid to the need to consider strategic fit and portfolio management in selecting new projects. This case is intended to get students thinking of alternative screening measures that could potentially be used when deciding whether or not to invest in a new project.
Questions
Keflavik Paper presents a good example of the dangers of excessive reliance on one screening technique (in this case, discounted cash flow). How might
Assume that you are responsible for maintaining Keflavik’s project portfolio. Name some key criteria that should be used in evaluating all new projects before they are added to the current portfolio.
What does this case demon ...
Disscussion 1Reflection and Discussion Forum Week 2Reflect.docx
1. Disscussion 1
Reflection and Discussion Forum Week 2
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:
What are some of the key difficulties in successfully
implementing portfolio management practices?
Discuss the concept of emotional intelligence as it relates to the
duties of project managers. Why are the five elements of
emotional intelligence so critical to successful project
management?
Consider the profile examples on project leaders Sir John
Armitt and Jim Watzin from the chapter. If you were to
summarize the leadership keys to their success in running
projects, what actions or characteristics would you identify as
being critical? Why? What are the implications for you when
you are given responsibility to run your own projects?
Respond to the post of at least two peers, using
100 words
minimum each.
2. [Your initial post should be based upon the assigned reading for
the week, so the textbook should be a source listed in your
reference section and cited within the body of the text. Other
sources are not required but feel free to use them if they aid in
your discussion].
[Your initial post should be at least
450+ words
and in APA format (including Times New Roman with font size
12 and double spaced). Post the actual body of your paper in the
discussion thread then attach a Word version of the paper for
APA review]
Disscussion 2
Activity 2
Case Study 3.1 Keflavik Paper Company
Keflavik Paper is an organization that has lately been facing
serious problems with the results of its projects. Specifically,
the company’s project development record has been spotty:
While some projects have been delivered on time, others have
been late. Budgets are routinely overrun, and product
performance has been inconsistent, with the results of some
projects yielding good returns and others losing money. They
have hired a consultant to investigate some of the principal
3. causes that are underlying these problems, and he believes that
the primary problem is not how project are run but how they are
selected in the first place. Specifically, there is little attention
paid to the need to consider strategic fit and portfolio
management in selecting new projects. This case is intended to
get students thinking of alternative screening measures that
could potentially be used when deciding whether or not to
invest in a new project.
Questions
Keflavik Paper presents a good example of the dangers of
excessive reliance on one screening technique (in this case,
discounted cash flow). How might
Assume that you are responsible for maintaining Keflavik’s
project portfolio. Name some key criteria that should be used in
evaluating all new projects before they are added to the current
portfolio.
What does this case demonstrate about the effect of poor project
screening methods on a firm’s ability to manage its projects
effectively?
Case Study 4.1—In Search of Effective Project Managers
This case involves Pureswing Golf, and illustrates the problems
when organizations attempt to locate competent project
managers without any systematic plan for identifying and
training good potential candidates. They are discovering that
the “voluntary approach,” whereby new project managers are
solicited seemingly at random from around the company, simply
does not work. Many of these individuals likely do not have the
skills or a reasonable understanding of what it takes to manage
4. projects effectively.
Questions
Imagine you are a human resources professional at Pureswing
who has been assigned to develop a program for recruiting new
project managers. Design a job description for the position.
What qualities and personal characteristics support a higher
likelihood of success as a project manager?
What qualities and personal characteristics would make it
difficult to be a successful project manager?