Project Strategy Exam I Assignment - Online Nursing Essay

Project Strategy Exam I Assignment

Project Strategy Exam I covers Chapters 1-5. Download and read the four essay questions. Respond to each question with about 1 page of double spaced content. Submit your work via the title link by Friday of Week 5.
Exam I – Questions (Adapted from Parente, 2013)
The essay exam consists of scenarios students are asked to complete based on SIM, and insights and perspectives from the Project Strategy text. Respond to each question with about 1 page of double spaced content. Project Strategy Exam I Assignment.

References/citations are acceptable, but should not exceed 10-20% of your writing, with 80-90% original content. Remembering that the scenarios are based on SIM, with insights and perspectives from the Project Strategy text, your answers should be specific to SIM and include project management solutions to resolve specific issues and problems.

1. Writing Objectives (2-2)

ORDER A PLAGIARISM-FREE PAPER HERE

Purpose: To practice writing “good” goals.

Instructions:
Write three goals for your Executive Sponsor (Instructor). Project Strategy Exam I Assignment.
Be sure that the goals are in SMARTc3 format. (See Project Strategy, Chapter 3)

Note: Specific, Measurable, Assignable, Relevant, Timed, caveat or limitation, 3 levels
Eg. Increase sales by 10% within the next year without decreasing price. (satisfactory = 10%; good = 13%; outstanding = 15%)

Deliverable: Three goals in SMARTc3 format.

2. Project Scope Statement and Charter (4-1)

Purpose: To write a project scope statement and charter.

Instructions:
Using the instructions and the examples in your text, write a Project Scope Statement for your simulation. As in a real project, you will need to extrapolate some of the information (i.e. requirements and limitations). Project Strategy Exam I Assignment.
Students can use the Project Charter template provided by the instructor.

Deliverable: Project Charter including objectives, deliverables, milestones, technical requirements, limits and exclusions, and customer review as appropriate.

3. Project Responsibility Matrix (4-3)

Purpose: To create a Project Responsibility Matrix for your class team members.

Instructions:
Identify the project tasks for your class team.
Create a Responsibility Matrix for your project for the semester.
Be sure to assign primary and supporting responsibilities.
Use a RACI Chart template from the internet. Project Strategy Exam I Assignment.

Deliverable: Project Responsibility Matrix for your class team.

4. Risk, Risk Response, and Risk Management (2-6)

Purpose: To appropriately identify risk and develop plans for response.
To understand and manage project risk.

Instructions:
Identify the sources of possible risk for your simulation project.
Develop a Risk Assessment Matrix and a response to Risk Matrix.

Prepare a list of 3 potential risk events and develop a Risk Assessment Form.
Also, prepare a Risk Severity Matrix. Prepare a Failure Mode and Effects assessment to stratify the risks.

Deliverables: Risk Analysis Document, Risk Assessment, and Risk Severity Matrix. Project Strategy Exam I Assignment.

Project Strategy Exam I Assignment Sample

Exam #1 – Q1 – 1. Writing Objectives (2-2)

Purpose: To practice writing “good” goals. Deliverable: Three goals in SMARTc3 format.

Goals are important to an organization for many reasons. They provide direction and purpose to an organization, as well as, help to institute the main concerns of the project and reduce uncertainty in decision making. In addition, goals create a kind of synergy in a project. They help the project allocate its resources and help in designing the functions within the project that are needed. However, effective goals should be written in a particular way. This is particularly important if performance will be judged by adherence to the goals. Many times, we are faced with performance goals that are unclear. Understanding what is ‘good’ makes performance to that goal or objective much easier (Johnson & Parente, 2013). Project Strategy Exam I Assignment.

What is the acronym SMART in project management? SMART refers to criteria for setting goals and objectives, namely that these goals are: Specific, Measurable, Attainable, Relevant, and Time-bound. The idea is that every project goal must adhere to the SMART criteria to be effective. Therefore, when planning a project’s goals, each one should be (Wrike, 2013):

Specific: The goal should target a specific area of improvement or answer a need.
Measurable: The goal must be quantifiable, or at least allow for measurable progress.
Attainable: The goal should be realistic, based on available resources & constraints.
Relevant: The goal should align with other business objectives.
Time-bound: The goal must have a deadline or defined end.
Project Strategy Exam I Assignment.