25 May Question PROJ-587 Advanced Program Managemen
Question
PROJ-587 Advanced Program Management
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Course Project: Portfolio Management Plan
Your Professor will determine whether the Course Project is an individual or team assignment. If the project is completed as a team, your professor will assign teams promptly. (Watch for an announcement.)
Objectives|Project Deliverables|Schedule and Grading Rubric|Paper Guidelines|Best Practices
| Objective |
The project for this course is a portfolio management plan for a company of your choice. You may use your own employer or a public company you can research to provide necessary details. To get started, you need to know the company’s strategic plan and strategic capacity plan.
| Project Deliverables |
Your portfolio management plan should include the content below.
- Organization’s strategic plan
- Organization’s strategic capacity plan
- Portfolio management process
- Project selection criteria
- Program management plan
- Plan to Identify and resolve possible areas/sources of conflict related to cost, schedule, or quality
- Change management plan: Develop a plan to manage organizational and cultural change and conflict that may occur due to project/program/portfolio implementation.
- Resource utilization plan: Analyze and plan resource utilization to achieve maximum/optimal capacity utilization.
| Schedule and Grading Rubric |
Week 2: Outline due (ungraded but required)
Week 4: Draft is due in class Week 4
Week 7: Final portfolio management plan
Week 8: Presentation
Grading Rubrics for Draft and Paper
| Category | Points | Description (draft outlines these sections—9 points each) |
| Draft | 45 |
|
| Category | Points | % | Description |
| Organization’s strategic plan | 20 | 8% | Overall mission, long-term goals, and principal methods for attaining those goals for the organization |
| Organization’s strategic capacity plan | 20 | 8% | How organization matches resource requirements with available resources |
| Portfolio management process | 20 | 8% | Overview of the entire PPM process |
| Project selection criteria | 20 | 8% | Addresses both qualitative and quantitative criteria for selection |
| Program management plan | 20 | 8% | Overall plan for how projects in the program will be managed (especially Quality, Scope, and Schedule) |
| Plan to Identify and resolve possible areas/sources of conflict related to cost, schedule, or quality | 20 | 8% | You you’ll ensure that your stakeholders will be “on the same page” regarding priorities of cost/schedule/quality among the projects in the portfolio. |
| Change Management Plan: Develop a plan to manage organizational and cultural change and conflict that may occur due to project/program/ portfolio implementation | 20 | 8% | NOTE: This is not a scope change management plan but a plan for promoting, communicating, and gaining acceptance of PMO, PPM within the organization. |
| Resource Utilization Plan: | 20 | 8% | Analyze and plan resource utilization to achieve maximum /optimal capacity utilization |
| Content Total | 160 | 64% | Contains All Project Portfolio Management Plan Deliverables |
| Documentation and Formatting | 40 | 16% | Follows APA guidelines for citing sources. Paper may be in a professional business format, using good design and attractive formatting. Use of tables, graphics, charts, and other PM communication elements are encourage. Paper MUST be in a single MS Word document! |
| Organization and Cohesiveness | 40 | 16% | Good flow and clear presentation of the 8 required content Deliverables. |
| Editing | 10 | 4% | Corrections made as suggested in the first draft and appropriate peer reviewed changes made |
| Total | 250 | 100% | A quality paper will meet or exceed all of the above requirements. |
Grading Rubrics for Presentation
| Category | Points | % | Description |
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