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Presented By Presented To
Prof. A.B Raju Kamlesh Soniwal Yograj Singh Chauhan Pintu Maharana
XYZs business is organized into four business units, IT Services, Asset Management, Fund Services, and New Business Investments
Cont
Carl Haines, the Executive Vice-President for the FS business unit was given responsibility for achieving the low-cost provider strategy Carl knew that without more refined information it would be very difficult if not impossible for him to understand what was truly driving his costs Carl decided to meet with his senior accountant, Terry Smith, to brainstorm how to deal with this issue Terry learned that one conceptualization of PM is that it can be divided into four major phases or processes: Initiating, Planning, Executing and Controlling, and Closing
Key Question
Understanding the key project stakeholders is an important internal factor that should be addressed during the Initiating Phase of a project. Terry felt that Carl was the only key stakeholder of the project. Do you agree?
Initiation:
Carl accepted the general idea of instituting
a project plan using recently acquired software (i.e., MS Project 2000).
Terry would be the project manager for the pilot implementation. He learned that one conceptualization of PM is that it can be divided into four major phases or processes: Initiating, Planning, Executing and Controlling, and Closing.
Key Question
In the Initiating Phase of the project, Terry decided not to assess any internal factors. Based upon the information in the case, what are some internal factors that Terry should have identified?
Internal Factors
key stakeholders, business culture, history of change, business relationships
Key Question
During the Executing/Controlling Phase, the project experienced some challenges. what PM tools and techniques might Terry have used to address these challenges?
Since the project had started, Terry had faced the following challenges: Unexpected Change in Scope
One month into the implementation, Carl had decided to include Fund Operations in the projects scope. Terry had tried to explain the impact this change had on the project, but Carl was unsympathetic
Staffing Issues
Terrys resources from the Call Center Department were constantly being pulled away from the project to fulfill their prior responsibilities in the Call Center. When Terry raised the issue, Barbara had given Terry another individual devoted to the task for one day a week. But, Terry was having difficulty making this resource productive.
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