PROJ 587 Week 2 Discussion Two – Portfolio Management Process

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Course Project Title: Portfolio Management Plan The Course Project in this class is a Team Assignment Objective The project for this course is a Portfolio Management Plan for a company of you... r choice. You may use your own employer or a public company you can research to provide necessary details. To get started you need to know the company’s strategic plan and strategic capacity plan. Project Deliverables Your Portfolio Management Plan should include the following content: • Organization’s strategic plan • Organization’s strategic capacity plan • Portfolio management process • Project selection criteria • Program management plan • Plan to Identify and resolve possible areas/sources of conflict related to cost, schedule, or quality • Change Management Plan: Develop a plan to manage organizational and cultural change and conflict that may occur due to project/program/portfolio implementation • Resource Utilization Plan: Analyze and plan resource utilization to achieve maximum /optimal capacity utilization Schedule and Grading Rubric Week 4: Draft is due in class week 4 (45 points) Week 7: Final Portfolio Management Plan (250 points) Week 7/8: Presentation (100 points) Grading Rubric for Draft Category Points Description (draft outlines these sections—9 points each) Draft 45 • Organization Strategic Plan • Organization Strategic Capacity Plan • Flow Chart of Portfolio Process • Outline of Project Selection Criteria • Program Management Plan Grading Rubrics for Paper Category Points % Description Organization’s strategic plan 20 8% Overall mission, long-term goals, and principal methods for attaining those goals for the organization Organization’s strategic capacity plan 20 8% How organization matches resource requirements with available resources Portfolio management process 20 8% Overview of the entire PPM process Project selection criteria 20 8% Addresses both qualitative and quantitative criteria for selection Program management plan 20 8% Overall plan for how projects in the program will be managed (especially Quality, Scope, and Schedule) Plan to Identify and resolve possible areas/sources of conflict related to cost, schedule, or quality 20 8% You you’ll ensure that your stakeholders will be “on the same page” regarding priorities of cost/schedule/quality among the projects in the portfolio. Change Management Plan: Develop a plan to manage organizational and cultural change and conflict that may occur due to project/program/ portfolio implementation 20 8% NOTE: This is not a scope change management plan but a plan for promoting, communicating, and gaining acceptance of PMO, PPM within the organization. Resource Utilization Plan: 20 8% Analyze and plan resource utilization to achieve maximum /optimal capacity utilization Content Total 160 64% Contains All Project Portfolio Management Plan Deliverables Documentation and Formatting 40 16% Follows APA guidelines for citing sources. Paper may be in a professional business format, using good design and attractive formatting. Use of tables, graphics, charts, and other PM communication elements are encourage. Paper MUST be in a single MS Word document! Organization and Cohesiveness 40 16% Good flow and clear presentation of the 8 required content Deliverables. Editing 10 4% Corrections made as suggested in the first draft and appropriate peer reviewed changes made Total 250 100% A quality paper will meet or exceed all of the above requirements. Grading Rubrics for Presentation Category Points % Description Flow 20 20% • All parts of the presentation flow seamlessly from one presenter to the next Participation 20 20% All members of the team present equally Professionalism 20 20% Handouts, PowerPoint, Participant, etc. are presented or conducted in an appropriate and professional manner. Includes actions of team members when not presenting. Time limit 20 20% Presentation is within the 5-10 min time limit Grammar 20 20% All participants and materials use proper grammar Total 100 100% The presentation will meet or exceed the above guidelines Paper Guidelines • Papers must 10 to 15 pages in length (this would be roughly 1 page per area included in the report), 10 point font, double-spaced, include a cover page, table of contents, introduction, body of the report, summary or conclusion and works cited. • Even though this is not a scientific-type writing assignment, and is mostly creative in nature, references are still very important. At least 6 authoritative, outside references are required (anonymous authors or web pages are not acceptable). These should be listed on the last page titled "Works Cited". • Appropriate citations are required. APA Format • All DeVry University policies are in effect including the plagiarism policy. • Papers are due during Week 7 of this course. • Any questions about this paper may be discussed in the weekly Q&A Discussion topic. • This paper is worth 250 total points plus 45 points for the rough draft and will be graded on quality of research topic, quality of paper information, use of citations, grammar and sentence structure. (See grading rubrics) Best Practices The following are the best practices in preparing this paper. • Cover Page - Include who you prepared the paper for, who prepared, and date. • Table of Contents - List the main ideas and section of your paper and the pages in which they are located. The illustrations should be included separately. • Introduction - Use a header on your paper. This will indicate you are introducing your paper. The purpose of an introduction or opening: 1. Introduce the subject and why the subject is important. 2. Preview the main ideas and the order in which they will be covered. 3. Establish a tone of the document. Include in the introduction a reason for the audience to read the paper. Also, include an overview of what you are going to cover in your paper and the importance of the material. (This should include or introduce the questions you are asked to answer on each assignment.) • Body of Your Report - Use a header titled with the name of your project. Example: “The Development of Hotel X - A World Class Resort”. Then proceed to break out the main ideas. State the main ideas, state major points in each idea, provide evidence. Break out each main idea you will use in the body of your paper. Show some type of division like separate sections that are labeled; separate group of paragraphs; or headers. You would include the information you found during your research and investigation. • Summary and Conclusion - Summarizing is similar to paraphrasing but presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and major support points from the body of your report. Minor details are left out. Summarize the benefits of the ideas and how they affect the tourism industry. • Work Cited - Use the citation format as specified in the Syllabus. Additional hints on preparing the best possible project. 1. Apply a three step process of writing… Plan, Write, and Complete. 2. Prepare an outline of your research paper before you go forward. 3. Complete a first draft and then go back to edit, evaluate, and make any changes required. 4. Use visual communication to further clarify and support the written part of your report. You could use example graphs, diagrams, photographs, flowcharts, maps, drawings, animation, video clips, pictograms, tables, and Gantt charts. [Show More]

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