Essay On Strategic Planning Methodology For Technology

The key to a successful project is in the planning. Creating a project plan is the first thing we should do when undertaking any kind of project. A project plan can allow a Project Manager to complete a project within a specified timeline and a specified budget.Reaching these important goals, will make the project customer happy and help the organization to build a good relationship with the customer for future projects. Project planning is fundamental in order to avoid failure and disappointment. In project management, effective planning is absolutely required if the individual or group wishes to deliver a finished project on time and on budget. From a Project Management article (http://www.brighthub.com/office/project-management/articles/40904.aspx) I read that during the project planning phase, plans are developed in the form of project baselines for schedule, cost, scope, quality and risks, all of which are components of the overall project plan. This gives the Project Manager basis for monitoring project progress and upon which to base decisions necessary for managing changes needed to help get the project back on track.

The first step will be to look at the goals of the project, and align them with the mission of the company. Systematically, the project will be broken into phases: Planning, Organizing, Staffing, Directing, Coordinating, Budgeting, Evaluating, and Reporting. Each phase will be further broken down into tasks and placed into a work breakdown structure. From this view, one is able to see the entire project duration, critical path, and milestones. The Planning phase is integral in any project. This phase of the project defines project objectives, mission, goals, and approach. In addition, outlining key elements of the project is critical: performance expectations, risks analysis, and contingency plans. However, after completion

Dissimilar sources plan altered steps involved in the planning process, but in this case I will discuss on seven steps that are involved in the entire process. The first step is goal setting. This basically involves coming up with the main objectives and goals that the company wishes to establish within a particular period of time. It is a very important section because the company will operate with a view of the goal in mind, if it is not clearly established, and then the business could lose direction along the way. After goal setting, we have development of the planning premises, where the plans are prepared and any underlying conditions defined. This is where there is an assessment of the environment and any constraints or

They will be asked to use the new Technology Procurement Planning Template for all IT procurement for the next series of purchases and projects. A short survey will be developed and distributed to determine the template effectiveness, and to see if it improved the projects communication. The overall evaluation of the template will be based on the suggestions and feedback. Afterward, with the approval of the Chief Information Officer and Deputy of Information Technology, the template will be adopted as a requirement for all Information Technology Projects and

Each division focuses on maintain a security and stable IT infrastructure for Duke Energy. To implement an enterprise project will involve getting Chief Information Office (CIO) level sponsorship. To gain sponsorship, a business case is submitted and reviewed. After approval, the IT organization holds a meeting with representation from each of the respective operations sub-organizations, security, telecom as well as the application team implementing the application. The sub-organizations of Duke Energy's IT operations are server support, database support, web infrastructure support, and enterprise storage. By having representation from each of the IT organizations the success of the project is improved since the proper IT and hardware resources are properly assigned to the

The information systems project steering committee, chief information officer (CIO), and an independent consultant should be involved in the decision-making process. The steering committee is responsible for every information system acquisition project in the facility. The CIO is responsible for all information resource management function at the facility. The independent consultant who is familiar with the different system can provide useful feedback about selecting a system (Sayles & Trawick, 2014,

The LLC board of directors requested a comprehensive report of requirements including an examination of major procedures. Requirements were acknowledged by conducting workshops and meetings with the most substantial platform users. In order to identify strategic areas for potential upgrading, flow charts were developed to explain the municipal ITC platform structure. Suppliers were asked to give precise instructions as to how these requirements would be met and responsiveness was a key consideration for the issuance of contracts. In addition to responsiveness, stability, longevity within the industry, technical capacity, track record, future business objectives and cost were also important considerations. Risk management concerns were key as well and strategic plans for managing risk were included as part of the whole strategic initiative. In addition to considering current risk management issues, proper consideration was given to being every vigilant with regard to future risk.

Establish an IT Review Board (or process in smaller operating units) to advise the head of the operating unit on critical IT matters, to assess IT initiatives in the budget review process, to control ongoing IT investment implementation, and to conduct post-implementation reviews of completed projects to benefit from lessons learned. Present to the Commerce IT Review Board as requested for Information Technology Investment Authority, Control Reviews, Post Implementation Reviews, Portfolio Management Reviews, etc.

City Manager Don Ford finds a difficult wave of problems when he talks with his division heads about budget problems. He finds unfinished projects and errors, somewhat wrong performance, and a deep budget deficit pressuring to destroy the mayor’s authority. Don, new to the department, can see that his predecessor made the severe bureaucracy of the city even worse by accidentally reallocating people to other branches. Don understands that he needs a substantial investigation of the city’s assignments, a cost benefit analysis that will help him make significant choices about resource distribution. As he creates a system of cross-functional teams where everyone that is aware of a project can add their feedback mutually. His teams need to understand how their projects interact, and they need to overcome any obstacles created to finish those projects. They will also submit with their team leaders, cost benefit analyses on their most significant projects to the City Manager. City Manager Ford will pick the most plans that it is the most important and cost effective projects regards to importance, and get a solid comprehension of the city’s finances in the process.

How do you identify facility projects (operational, compliance…) that need to be attended to and recommended to the central office?

Company A has also used surveys to assess the IT needs of their employees. This was employed as the whole company faced computer software and systems updates both on a local level and state level. In addition, to the local IT needs being assessed; the state is implementing a new state data management system which directly affects company A and their stakeholders. This implementation comes with state led systems trainings. Company A sits on many of the work shop groups and calls to provide input into the proposed system changes.

• Meet regularly with other departments’ heads- Sales- HR-Accounting-Marketing-Customer Service-Institutional trading-R&A-Client Services to communicate IT strategies and projects. Gather feedback from other departments regarding current needs. Be sure that all departments are aware of an IT strategy and that all future projects and initiatives must fall within this strategy.

The nature and scope of a project is determined at the initiation stage. This involves analyzing the business needs, developing goals, budgets, tasks, deliverables, and the stakeholder analysis. The project planning stage determines the planning team, develops the scope, and identifies work breakdown structure and activities that will be needed to complete deliverables. The planning stage also estimates time and cost activities, develop schedule and risk plan, and gain formal approval for work to begin. The executing stage involves all processes used to meet the project requirement and involves managing people and resources. The process that entails the identification of potential problems and

The key reason behind the project is the fact that AEnergy’s current IT infrastructure is heavily over invested in its current design and needs to be brought up to industry

Project Planning involves nine processes Integration, Scope, Time Management, Cost Management, Quality Management, Human Resource, Risk Management, Communication and Procurement Management. Output list included work breakdown structure, cost estimates, organizational structure and Gantt charts.