This project discusses the strategic goals of the company, screening module, strategic choices, and project governance. It also recommends the project portfolio matrix and divisional structure for managing courses.
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ADVANCED PROJECT MANAGEMENT FORMATIVE ASSESSMENT
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 PART A...........................................................................................................................................3 Strategic goals of company.........................................................................................................3 Screening module........................................................................................................................3 Recommendation........................................................................................................................4 PART B............................................................................................................................................4 Strategic choices.........................................................................................................................4 PART C............................................................................................................................................6 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................7
INTRODUCTION Project management is a terminology discuss the different management area related to the project handle by the organisation. This project will discuss the strategic goal of the company and review will be done about the website of company. Bets suitable structure will be discussed for organisation. Furthermore, project governance will also be discussed in this project. PART A Strategic goals of company Cambridge University is known to be a research institute and one of the most reputed Universities across the globe. The performance to enter in the university is accepted as a parameter of excellence. The students in this University comes from wide range of locations to enrol in various subjects and research options offered by the organisation. After the pandemic, the organisation was supposed to follow the social distancing rules and regulations. It made the university switch to the online platforms for the purpose of teaching and learning while meeting the social distancing requirements (Müller, Drouin, and Sankaran, 2019). The aim of the University is to constantly adapt to changes as face to face classes are not possible during this period of time. The organisation is looking to work on the project of having an online software set up that will help its students to access the study material and learn in the process. Screening module University of Cambridge can make use of the checklist model within project management that is a type of selection procedure including making checklists. It is associated with making lists of criteria that are related with the choices made within the project. This model helps in completing the repetitive tasks in fast and efficient manner. It helps in preventing from the committing any major mistakes within the project. It helps in becoming more productive and accomplish the goals on every day.
Recommendation Project portfolio matrix is used for the purpose of defining the products in terms of its growth in the target audience. It collects the projects and programs in managing the group while aiming to achieve the strategic objectives of the organisation (Tereso, and et.al., 2019). Here, these objectives are related with setting up an online software application that will help students and teachers to learn and teach even by following social- distancing norms. The learning process of student to gain knowledge and skills will not be restricted due to the pandemic. Project portfolio matrix is great way of organising the project activities and operational work in the organisation. PART B Strategic choices StrengthsWeakness Illustration1: Project portfolio matrix, 2021
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University is known for its wide range of courses and research options. The study from this University is very valued for future. The staff creates very valuable relations with their students. Use too complex and non- user friendly tools. Lower management commitment. Too much focus on technology. Opportunities Online software for lectures and other learning sessions. Decision making by proper planning. Can access the study material from any location and time. Lectureswillbeavailabletohost smaller teaching groups. Threat onlinestudentswillhaveyopay complete fees. Students might feel ignored from online classes. Tests and exams will be difficult to be conducted and invigilated. The Cambridge University can adopt the divisional structure to manage all its courses. As this new idea will involve different courses and the various division area that can be managed easily with support of this structure. Company can adopt this whole structure in such manner that the business venture get to adopt this whole structure in the best way possible. As per the views given byHuml (2018),divisional structure is a right suitable organisation structure can be used in context to the business venture contain multiple operation area or divisions. This structure is right suitable for the company to manage all its various divisions that can support the business venture for achieving the business objective. This structure will allow the company to easily monitor ad control all it courses that will be a key strength to this approach. Further many time the time management become an issue that will be addressed by the business venture in this approach. This structure is many time become more complex for the educational institutions which become a weakness for the organisation.
PART C The project life cycle is a key framework that is sued to manage the whole project. This involve initiation, planning, execution, management and review that would allow and incorporate the business venture to manage all its project requirement. All these framework would allow the business venture to effectively coordinate the whole project requirement. Advantages:is such that this allow the manager to segregate the whole project into different part and coordinate the whole project activity in the best way possible. Disadvantage:is such that this is a lengthy process apply by the company. As per the views given byBishop (2018),the project management can be done with the effective use of project life cycle. This is a key way to manage the whole projec,. This involves initial stage, planning, controlling and coordinating area of the entire project management practice. This is recommended that the manager must set a deadline for each individual project to be handled so that all areas and aspect of the project can be managed effectively by the manager. Governance institution should also be created so that all areas that are essential to coordinate and mange the whole project can managed easily by the manager. This is a fundamental requirement associated with the project management framework set by the company. CONCLUSION The divisional structure is a right suitable organisation structure that would allow the stakeholder to manage all kind of project requirement. This structure is right suitable technique. Further the project life cycle is an effective framework that would allow to coordinate all areas of project.
REFERENCES Books and Journals Bishop, W. A., 2018. A project management framework for small-and medium-sized entities: Accountingsoftwareimplementation.JournalofEconomicandFinancial Sciences.11(1). pp.1-11. Huml, M. R., 2018. A factor structure examination of athletic identity related to NCAA divisional differences.Journal of College Student Development.59(3). pp.376-381. Müller,R.,Drouin,N.andSankaran,S.,2019.Modelingorganizationalproject management.Project Management Journal,50(4), pp.499-513. Tereso,andet.al.,2019.Projectmanagementpracticesinprivateorganizations.Project Management Journal,50(1), pp.6-22. Online Projectportfoliomatrix,2021.[Online].Availablethrough: ,https://www.scribd.com/document/326207388/Project-Portfolio-Matrix>