Project B is the development of a facility in a remote area, of about GHS 5 million in value, of approximately 18 months’ planned duration. It is 30 per cent completed. Earned Value analysis shows that the project is not achieving its planned cost or progress targets. The project is also not achieving quality requirements. Some of the specialized components used for this project are only obtainable from overseas suppliers and are difficult to transport over the rough terrain near the project site. There has been a delay on ordering these components. The transportation of these components, which must be booked several months ahead, has not been arranged, and there is also difficulty with obtaining tradespeople with the requisite set of skills to install them. There are also several other risks associated with this project, including a quite basic business case, rudimentary project charter, poor definition of expected project outcomes, exchange rate risks and the potential for significant penalties to be levied if it is not completed in time for the Member of Parliament of the area to officially open it. a) Nominate three (3) example projects for discussion Nominate an organization of your choice, and the engineering discipline or disciplines in which it is operating. It should be an organization in Ghana Nominate three (3) suitable projects (for example, road development, subdivisional development, power station, mobile phone network, mining, provision of industrial equipment, installation, maintenance, surveying, research, and development) to use as examples for your discussion. These projects should be consistent with your nomination of the type of engineering disciplines in which your organization operates. b) Define key characteristics of each project nominated For example: ✓ Fit with current organizational strategic direction ✓ Estimated cost ✓ Estimated duration ✓ Expected quality of deliverables ✓ Current expenditure, percentage completed, quality standard achieved ✓ Key stakeholders ✓ Main risks ✓ Impact on the environment and society – short term and long term ✓ Complexity ✓ Other factors (for example, human resource, communications, procurement) ✓ Project integration factors ✓ Any other significant factor impacting on the project Question 2 (1500 to 2000 words) Report to Board of Directors Write a report to the Board of Directors of your organization that: i. Summarizes your analysis of projects you have been asked to assess ii. Describes your proposed solution for the project, including the feasibility of implementing it iii. Discusses, from an overall program management perspective, how the projects within your program can be better assessed, prior to acceptance by the organization, for feasibility and alignment with the Board’s strategic direction for your organization

Project B is the development of a facility in a remote area, of about GHS 5 million in value, of approximately 18 months’ planned duration. It is 30 per cent completed. Earned Value analysis shows that the project is not achieving its planned cost or progress targets. The project is also not achieving quality requirements. Some of the specialized components used for this project are only obtainable from overseas suppliers and are difficult to transport over the rough terrain near the project site. There has been a delay on ordering these components. The transportation of these components, which must be booked several months ahead, has not been arranged, and there is also difficulty with obtaining tradespeople with the requisite set of skills to install them. There are also several other risks associated with this project, including a quite basic business case, rudimentary project charter, poor definition of expected project outcomes, exchange rate risks and the potential for significant penalties to be levied if it is not completed in time for the Member of Parliament of the area to officially open it. a) Nominate three (3) example projects for discussion Nominate an organization of your choice, and the engineering discipline or disciplines in which it is operating. It should be an organization in Ghana Nominate three (3) suitable projects (for example, road development, subdivisional development, power station, mobile phone network, mining, provision of industrial equipment, installation, maintenance, surveying, research, and development) to use as examples for your discussion. These projects should be consistent with your nomination of the type of engineering disciplines in which your organization operates. b) Define key characteristics of each project nominated For example: ✓ Fit with current organizational strategic direction ✓ Estimated cost ✓ Estimated duration ✓ Expected quality of deliverables ✓ Current expenditure, percentage completed, quality standard achieved ✓ Key stakeholders ✓ Main risks ✓ Impact on the environment and society – short term and long term ✓ Complexity ✓ Other factors (for example, human resource, communications, procurement) ✓ Project integration factors ✓ Any other significant factor impacting on the project Question 2 (1500 to 2000 words) Report to Board of Directors Write a report to the Board of Directors of your organization that: i. Summarizes your analysis of projects you have been asked to assess ii. Describes your proposed solution for the project, including the feasibility of implementing it iii. Discusses, from an overall program management perspective, how the projects within your program can be better assessed, prior to acceptance by the organization, for feasibility and alignment with the Board’s strategic direction for your organization

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

a) Nominate three (3) example projects for discussion
Nominate an organization of your choice, and the engineering
discipline or disciplines in which it is operating. It should be an
organization in Ghana
Nominate three (3) suitable projects (for example, road
development, subdivisional development, power station, mobile
phone network, mining, provision of industrial equipment,
installation, maintenance, surveying, research, and development) to
use as examples for your discussion.
These projects should be consistent with your nomination of the type
of engineering disciplines in which your organization operates.
b) Define key characteristics of each project nominated
For example:
✓ Fit with current organizational strategic direction
✓ Estimated cost
✓ Estimated duration
✓ Expected quality of deliverables
✓ Current expenditure, percentage completed, quality standard
achieved
✓ Key stakeholders
✓ Main risks
✓ Impact on the environment and society – short term and long
term
✓ Complexity
✓ Other factors (for example, human resource, communications,
procurement)
✓ Project integration factors
✓ Any other significant factor impacting on the project

Question 2 (1500 to 2000 words)
Report to Board of Directors
Write a report to the Board of Directors of your organization that:
i. Summarizes your analysis of projects you
have been asked to assess
ii. Describes your proposed solution for the project, including the
feasibility of implementing it
iii. Discusses, from an overall program management perspective, how
the projects within your program can be better assessed, prior to
acceptance by the organization, for feasibility and alignment with
the Board’s strategic direction for your organization

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