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

Subject:BusinessPrice: Bought3

Share With

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:

·

· 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.  

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.

· 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.