Question 1

Zee, the founder of the project, though excited for what you're creating, doesn't think there needs to be a project manager, and believes it is not a project since you're instead creating a portfolio as a business.

What do you tell Zee, as the project manager? (1 mark).

Use at least 1 example to show your understanding of the concept of what a project is. (1 mark)

Question 2

After explaining to Zee the above question, Zee then asks why we don't hire a program and portfolio manager in addition to yourself as a project manager, before the product has been created because he is very keen to move forward with expansion and growth

Question:In your own words, should they, or should not hire a portfolio manager and or a program manager? (1 mark). Explain why, or why not (1 marks)

Question 3

6

Points

After some deliberations on how many wheels this vehicle will have, and are stuck between 2,4, or 6 wheels and you have decided to perform a weighted factor scoring model to help decide the best move forward.

List the steps involved in creating a weighted factor scoring model (2 marks)

Create a weighted factor model for selecting the best number of wheels for the car, based on your own criteria. You are required to consider the 3 options (2, 4, or 6 wheels) and 3 different criteria. An example of criteria could be, weight. (You are allowed to use this option but need to create 2 additional criteria). (4 marks)

Be sure to show your own work in a table as we carried out in class, and make assumptions where necessary to complete this question.

Case Study

You and a group of friends from a diverse set of backgrounds and careers have decided after some heated but valuable conversations to start a business. This business will be building a unique but effective vehicle for driving long distances but it has customizable interchangeable options to include comfortable overnight sleeping conditions and can drive both on-highway, and off-road. Your group of friends are avid travelers and want to create a vehicle that has it all - but at an affordable price to cater to anyone across North America. This is a huge project and undertaking, but you are all passionate about creating a new product and are excited to take on the challenge. The group is building a large van, but pending its initial success may mean the group will build other types of vehicles and product lines. The 'group of friends' are as follows:

Monica - she's the marketing and product wizz of the friend group. With an MBA and strong social media following, she's perfect member of the project team to make sure this product comes to life and sells it via social media along the way - she's outgoing and strong willed, but collaborative to meeting goals and timelines. She overextends herself with her creative brain, which sometimes results in conflict and may impact project timelines.

Sham - He's the principal engineer. He tends to be quiet, a bit more introverted and needs a clear set of instructions and structure to perform his work. He is the designer and will do all drawings and implementation of components of the vehicle. He is also extremely thorough and detailed, to make sure that all things work, work again, and work again. Critical thinking, however, isn't his strongest attribute, as he keeps his eye on tasks and only his tasks, so sometimes struggles to think outside the box and work with other team members.

Sahar - is strong in procurement and sourcing - they are realistic, a good negotiator, in what can and cannot be done - they're organized and able to think critically to achieve solutions for problems that arise. They know where everyone else is at the project to know when to procure specific components. Sahar is integrated closely across all other members of the team to make sure timelines are not delayed.

Rafih is the go getter and key sales member of the team. He has a strong sales background and is very good at convincing others on anything and everything. He's data driven and takes ownership on tasks with ease. Though he is not heavily involved in the project, he is excited to sell the vehicle once it's been built and validated for the public to use.

Zee - he's the funder of the project - He was very successful in some investments a few years back and ready to start investing in cool projects. He is cautious with this project but is excited to see the product and vehicle come to life. While he wants to know what's going on in the project, but is not involved in the day to day.

Lastly - yourself as the project manager. You're required to capture project requirements, and manage the project from its initiating phases, to closure. Your end goal is to create a fully functioning vehicle for on-road and off-road travel around the world. With the investment, and idea in place, you're ready to get started on this project!