Assignment:
Case Study Overview:
In conventional business and government megaprojects--such as hydroelectric dams, chemical-processing plants, or big-bang enterprise-resource-planning systems--the standard approach is to build something monolithic and customized. Such projects must be 100% complete before they can deliver benefits: Even when it's 95% complete, a nuclear reactor is of no use. On the basis of 30 years of research and consulting on megaprojects, the author has found two factors that play a critical role in determining success or failure: replicable modularity in design and speed in iteration. The article examines those factors by looking at well-known megaprojects, both successful ones, and cautionary tales.
Case Study Link
Better Project Management I Harvard Business Publishing Education
Access Link: https://hbsp.harvard.edu/import/895796
Using the megaproject case study answer the following:
Build and describe a complex model that can be used to manage the mega project described in the case study linked above. Your model should include the following:
1. Overview of the process
2. Pictorial design of the process
3. Description of each phase
4. Explanation as to why this process will work when managing mega projects.
Using your knowledge of Traditional, Agile, and Hybrid answer the following:
Agile:
1. Explain how iterative project processes help expose requirements?
2. Explain how iterative project process help manage risks associated with changing requirements?
3. Identify and categorize new projects, products, and organizational risks to which Agile projects are susceptible.
4. Identify and categorize new projects, products, and organizational risks to which Traditional projects are susceptible.
5. Describe the characteristics of leadership required in an agile project. Which characteristics are the same and which are different when
leading a waterfall project?
Hybrid
1. Describe a hybrid project management process?
2. Describe the benefits to a company for creating a hybrid process?
Traditional
1. What are the benefits to a company for using a traditional approach in project management? What are the negatives?
2. Given your experience and your research, what is the future of project management methodologies in your industry?
Assignment Requirements:
1. The assignment is to answer the question provided above in essay form.
2. Where applicable, students can include diagrams if it will help provide a pictorial view of the solution.
3. This is to be in narrative form and should be as thorough as possible.
4. Bullet points should not be used.
5. The paper should be at least 1.5 to 2 pages in length.
6. Times New Roman 12-pt font, double-spaced, 1-inch margins
7. Utilizing at least one outside scholarly or professional source related to project management. The textbook should also be utilized.
8. Do not insert excess line spacing.
9. APA formatting and citation should be used.