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Paper Types
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- Annotated Bibliography
- Application Essay
- Article
- Article Critique
- Article Review
- Article Writing
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- Book Review
- Business Plan
- Business Proposal
- Capstone Project
- Case Study
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- Creative Essay
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The ACME Development Corporation (ADC), Research Paper Example
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Introduction
This paper examines the case study of ACME Corporation, developer of custom home and apartments. As the nominated Project Manager for the procurement process this sets out the risk template for the project.
Risk template
| Risk | Likelihood | Assumption | Response |
| Conduct due diligence | High | Process often missed | Build into plan |
| PM Consensus on Toolset | High | PM’s will disagree on most appropriate tool | Consensus decision making – majority wins |
| Resource Planning | High | Historical poor management of staff and contract resources | Will need formal PM process created & standardised over all US operations |
| PMO in software development for Procurement System | High | In house development by non IT experts is a high risk | Will need COTS software implemented by professionals – subcontract. |
| Cost of Procurement software | Med-High | Unplanned budget expenditure | Cost of subcontract development |
| Security on web based procurement software | High | Security systems need to be planned for web based solution | Unplanned event needs incorporating impacts cost/budget and schedules |
| New PMO | High | PMO will need to exert authority over all PM’s in group | Exec must support standardization of PM Procedures |
| Purchasing | Med -High | PM’s allowed freedom over purchasing | All purchasing must be made through the PMO in accordance with revised standard operating procedures |
| End Date driven project | High | 90 day completion specified | Scheduling critical on end day driven project |
| Quality Control | Med-High | No existing QA procedures over events | Needs to be built into the overall PM process by PMO |
| Change Control | Med-High | Formal Procedures | Instigate |
Notes to risk template
| Risk | Response Clarification |
| Conduct due diligence | This activity often missed on projects. Needs formal PMO investigation into viability of project to ensure that it can be successfully carried out according to Scope Definition |
| PM Consensus on Toolset | 1 tool will be selected; use voting mechanism with PM’s based upon majority decision wins. The rest must comply |
| Resource Planning | Planning for both internal and external resource profiles. % utilization to be carefully controlled together with dependencies –produce PERT diagram for project |
| PMO in software development for Procurement System | Never use non experienced IT professionals to build and implement software. In this case may be a package solution with customization features to fit a web based environment |
| Cost of Procurement software | Will need sub contract support that has most likely not been planned for in costing or schedules |
| Security on web based procurement software | Essential to define full IT security requirements for a web based system. May need a specialist + implementation team |
| New PMO | PM will need authority over all regional locations. It is not just acting in a support capacity to the PM’s but one of centralised control |
| Purchasing | Regulations need changing such that all purchasing goes through PMO approval and control procedures for remote locations |
| End Date driven project | Each Activity and Task needs careful examination within the planning profile, watching dependency network. Some re-engineering may be required |
| Quality Control | These procedures need to be built into the PMO process |
| Change Control | These procedures need to be built into the PMO process |
Weighted scorecard
Provision of functional requirements for the scheduling tool to be purchased
5= High 1= Low
| Requirements | Score | Weight | Weighted Score
(weight * score) |
| Ease of use | 4 | 5 | 20 |
| Web based | 5 | 5 | 25 |
| Security features | 5 | 4 | 20 |
| Report features | 3 | 4 | 12 |
| Control features | 4 | 4 | 16 |
| Resource control | 5 | 4 | 20 |
| Cost Control | 5 | 4 | 20 |
| Gantt Charting | 4 | 4 | 16 |
| PERT charting | 3 | 3 | 9 |
| Risk Management | 4 | 4 | 16 |
| Integration | 5 | 4 | 20 |
| Feature rich | 4 | 3 | 12 |
| Cost of toolset | 5 | 4 | 20 |
Requirements analysis
| Requirement | Reason for Selection |
| Ease of use | It is important that the tool has ease of functionality and use as it will be distributed over multiple branches in the USA |
| Web based | The planning tool solution must be web based and capable of supporting a wide area network as it will span some 40+ branches needed for consolidation purposes |
| Security features | The tool will need to be used over the internet and as such will require tight data security and access control over all sites within the system |
| Report features | Custom report facility plus a list of standard reports is expected from the toolset |
| Control features | Good integrated control features in the toolset. |
| Resource control | Extensive control over all resource profiles in the planning process including % resource allocations |
| Cost Control | Costs will need to be captured within the planning control and subsequently reported on. Capture of budget information and record against actuals |
| Gantt Charting | Formal Gantt Charts and Timelines required |
| PERT charting | Dependency Network diagrams required. Need to be built into Gantt Scheduling procedure in addition to independent reporting |
| Risk Management | Ability to schedule and control risk mitigation activities |
| Integration | Ability to integrate plans across the platform. Planning consolidation |
| Feature rich | Good selection of features in the software. Ease of reporting and quality of printed reports |
| Cost of toolset | Competitive Pricing |
| Ease of use | Minimal complexity. Needs to be easy to use and operational with minimal training |
| Web based | Must operate over the internet |
| Technology | Support a range of technology applications that include PC’s Laptops, Tablets etc. |
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