Assignment #1 (Reference)

Using peer-reviewed resources, thoroughly discuss the importance of scope, resources, and scheduling from a project management perspective. From a project management perspective, scope, resources, and scheduling are erucial elements that can directly impact the success of a project within the organization. The scope defines the project boundaries, meaning all team members must be on the same page to achieve the goal or objectives. For instance, while playing the simulation, | managed to help my team reach our weekly project scope goals. With that, eliminate the ambiguous and unnecessary things. Having a good project manager is the best approach to meeting the primary goal of an organization. Meanwhile, the resource encompasses aspects of human, material, and equipment, highlighting the need for well- balanced and adequate skills on the team. The resource is crucial, and it must be available at the right time to mitigate the delay or unforeseen crisis within the organization. Also, funding is considered a major need to keep the project active. Lastly, scheduling A schedule is defining a project in detail and creating a plan of when and how the work will be done. For instance, while playing as a project manager in a simulation, I completed all the tasks given to me, ensuring the target by weekly assignment must be submitted, and when it comes to my staff, ensuring it is well- known regarding updated information regarding the new task or level of work that should be achieved on those weeks. With that, the best way to achieve wealth in project management is for the schedule, scope, and resources to be effectively applied at the right time and by the right project manager. To ensure the target scope to achieve the 4-level product through simulation, proper resource allocation of the budget, and effective scheduling to prevent delayed tasks and work completed at the right time, applying those three factors must be considered and highlighted to build wealth in project management the public are usually seasonal items and poods precisely. For instance, such items they are offering are (papers, food, health and beauty products) and the consumer gould As vou play the simulation, try to discover how varying decision parameters (target scope, team size, team skill level, amount of outsourcing, target completion date, overtime allowed, time in meetings) affect project outcomes (tasks completed, costs incurred, productivity, new problems discovered, project completion date) and team attributes (morale, stress level, rates of mistakes) What causes each effect\"? What might explain the casual relationships vou've discovered? Afier playing and understanding the simulation, these are the effects of varying decision paramelers, Causes and Effects Team size and skill level; Based on the simulation, when [ played and hired many people to do the tasks and set them up as high-level skills, the tasks could be done quickly, and more tasks could be completed early in the set schedule. However, [ observed that when the organization is larger and more of them are highly skilled, the larger group doing those tasks has a higher cost and creates ambiguity within the group. Target Scope: When the target scope increases, the task could lead to more jobs being completed. However, expanding your target may increase the cost of production, and at the same time, stress levels from staff may arise. Outsourcing: Outsourcing influences costs and introduces external dependencies, and it can expedite tasks but may lead to coordination challenges within the group. Time meeting- meeting is an essential part of the organization; this ensures that all must be However, the more meetings you spend in a week, the more cost and stress level from the group. Task completion date and overtime allowed: When deadlines get tight, productivity may increase due to staff being allowed to work overtime and complete the work prior to the set date. However, it may also increase the cost and stress of rushing the job that must be done before the exact date. Casual Relationship Benefits and Communication Challenges: Throughout the simulation, the more prominent teams can be faster and easily do the task, but at the same time, they may increase communication challenges because of different opinions or aspects. High-Skilled Teams: Highly skilled teams can be good assets because they may reduce mistakes or prevent the repetition of work, and they also may impact the positive outcomes from the overall project quality. Ouisourcing: Tasks can be completed more quickly with outsourcing, although coordination could be delayed. What strategies did you attempt in managing your projects? What worked? What didn"t? Strategies Attempted = Emphasizing clear communication with my team ensures everyone is on the same page. = Balance workload distribution to prevent the teams' high stress levels. * Regularly updating the tasks and observing the progress of jobs ensures the objectives anc done prior to the scheduled date. What worked * Applying clear communication and fostering a good collaboration environment * Maintain a healthy work-life balance to protect employees from bunout. * Timely modifications were made possible through monitonng progress. What Didn't * Morale problems still arise even when applying effective communication in teams. * The initial cost estimate from the project was significantly exceeded due to unforeseen challenges. What assumptions underlic your emerging ideas about managing projects in the simulation? In other words, what change would prompt you to reconsider the approach you're discovering is best for managing projects? Assumption The assumption underlying my strategies through simulation is that, assuming the resources are limited, and the initial costs are estimated in the real business scenario, quality objectives are crucial, and believing in team morale would enhance effective communication. That said, the project's success is based on coordination and effective communication with the team. Reconsideration Trigger The change that I would reconsider in my approach is how to deal with changes in my project priorities. For instance, assume that speed is more crucial than the cost and quality of the job. 1 sugpeest changing my strategies, such as expanding my team size and allowing them to take overtime. In addition, when 1t comes to the team's morale, if the morale continues to be persistent, re-evaluating communication strategies 1s the best approach to deal with. addressing climate change and transitioning to a more sustainable operating model. With that, it i straightforward for this company to take action to deal with and mitigate the climate and how efforts they enhance to make it worthwhile for institutional investors focused on environmental ISSLICE. Your Final Rating You have completed Scenario E TOTAL SCORE /900 You released a Level 4 product on Week 11, with a total cost of $87,340 YOUR SCORE BREAKDOWN Project scope rating You completed the Level 4 product, meeting the target set by management. FOR ACHIEVING S MANAGEMENT GOALS 300 /300 FOR EXCEEDING MANAGEMENT GOALS 00 Project schedule rating You completed the product in week 11, which was earlier than the management target of week 12. Your target date for completion was very consistent throughout the project. FOR ACHIEVING _ MANAGEMENT GOALs 122 /125 FOR EXCEEDING MANAGEMENT GOALS 6 /75 - Project resources rating You finished with a total cost of $87,340, which was above the management target of $40,000. FOR ACHIEVING MANAGEMENT GOALS 0 /200 FOR EXCEEDING MANAGEMENT GOALS 0 /100 Team process rating Your team had a typical level of stress. Your team had good morale during the project. FOR ACHIEVING - MANAGEMENT GOALs 35 /100 Dashboard for Week 11 12 200 of 200 Level 4 YOUR TARGET YOUR TARGET WEEK TOTAL TASKS DELIVERABLE OF COMPLETION COMPLETED Time Spent on Activities TARGET GOAL: 200 tasks TASKS REMAINING: O tasks o Level 1 9 Level 2 9 Level 3 e Level 4 @ Your current target @ Management target 16 TASKS COMPLETED THIS WEEK Team Mood Cumulative Cost Schedule OVER BUDGET AHEAD OF SCHEDULE COST TASKS COMPLETED WEEKS WEEKS MANAGEMENT TARGET - MANAGEMENT TARGETIn proper APA research paper format, answer the following: 1. What was frustrating and/or difficult in these scenarios? 2 marks Comment on a minimum of three items. How was managing this project different than the first scenario (A from Assignment #1)? What project management tools and techniques did you use and how were they helpful? 6 marks Comment on a minimum of four tools and techniques. Use a minimum of one peer-reviewed resource to support your comments for each of the four tools and technigues. When you had to make tough trade-offs, what project management strategies did you use to deal with them? 3 marks Describe a minimum of three strategies and use peer-reviewed resources to support your answers. Did you complete your projects successfully? Describe the use of project management strategies, and tools and techniques, that you used (or should have used) to be successful. 4 marks Using a minimum of two peer-reviewed resources. What did you learn most about project management from this experience? 1 mark