This document covers various aspects of project management, including upgrading hardware and software, conducting meetings, and dealing with difficult situations. It provides insights on the importance of project management in improving productivity.
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Running Head: PROJECT MANAGEMENT IT Project Management Name of the Student Name of the University
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1PROJECT MANAGEMENT Exercise 1 Hello all, this is my pleasure to be able to make this presentation in front of all of you. First, I would like to draw attention to the problems our users are facing while working on the current workstations – the machines are old, slow and often causes several problems like sudden crashing, random reboot while working, unable to process complex calculations and others. The users have reported the issue from time to time and it is seen that these issues are resulting in reductionofproductivityofourcompany.Iproposetoupgradeourhardwareofeach workstation to reach a suitable standard so that the users do not face these problems and issues and we also can avoid the risk of losing valuable data from our workstation hard disks. I will explain the proposed changes in the main presentation.
2PROJECT MANAGEMENT Exercise 2 QuestionsActions Who should attend this meeting?Companydirector,operationsmanager,team leaders, team members When will the meeting take place?Any weekend What is the theme of the project?Workstation upgrade What type of project-related handouts will you have? Proposed upgrades in hardware and software What fun things do you have planned?Casual interactive sessions, a game of pool, dinner and drinks How will you inspire the team?Motivate them to work together and perform team work; the team will be rewarded as a whole rather than individual efforts Who will speak first?Director Who should attend this meeting?Companydirector,operationsmanager,team leaders, team members What are your opening remarks to the team?Remark regarding how each and every member of the team is important for the success of the project What are some of the topics you’ll cover in your team presentation? Current issues faced by the users, proposed changes that will increase the productivity of the company and estimated budget How long will your presentation take?Around 30 to 40 minutes What will you spend the $500 on?Food and drinks, pool table
3PROJECT MANAGEMENT Exercise 3 ScenarioResponse Peter Abbot is getting increasingly cranky about the time you’ll need to be spending on your “pet” project.He’sinsistingthatyoufocuslesson technologyandhelpmoreuserscleantheir workstation’s mouse, monitor, and keyboard. Submit a report on the positive impacts of the project on the productivity of the company and if possible, provide a personal presentation so that Peter understands the benefits of the project. Now you need Peter’s help. He has to make a decision about when you can have the testing lab for the new workstations and operating systems. Youneedtocreateworkstationimages,test software compatibility, and work with your new servers. The equipment has arrived, but Peter just doesn’t want to make a decision on when you can use the testing lab for your project. Create a risk register detailing all the existing and expectedrisksofusingtheoldworkstations. Submit it in a document form to Peter and also request him to let use of the testing lab so that the equipments can be tested and installed as soon as possible. Today is Frank’s turn to be in Peter’s doghouse. It was your turn last week, and next week it’ll be Mary’s. Every week someone on your team is in trouble with Peter. This whole cycle of Peter being angry with someone every week is demoralizing to yourteam,prohibitingprogress,andgenerally frustrating. Contact each team member personally and request them to not get affected by Peter’s attitude and also tell them it is better to concentrate on the work rather than getting upset by bad attitude of the manager. Peter Abbot is becoming more rude and belligerent with you and your project team. He’s yelling at anyone who comes into his office, threatening to Every employee has the right of fair treatment and if the situation becomes such as described in the scenario,itwillbebettertocontacthigher
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4PROJECT MANAGEMENT “write you up,” and acting very unhappy with any task you try to do. Yesterday he embarrassed Sam and made Jane cry. management regarding how the progress of the project is stopped by Peter. Instead of personal contact, it is recommended that the entire team requests a meeting with the director or operations managertodiscussthissituationregardingthe project and Peter.
5PROJECT MANAGEMENT Exercise 4 Answer to 5: The result generated in cell B11 is 1.191016. Answer to 6: The required FV is $1,060,004.24 Answer to 11: The required PV is $566,893.42 Answer to 12: The estimated worth of the project after the specifiedperiod of timeis $1,037,124.82. Answer to 13: The estimated maximum value for investment is $461,790.61. Answer to 14: Present ValueInterestTime PeriodsFuture Value $300,000.064$378,743.09 $550,000.062$617,980.00 $1,245,000.054$1,513,305.28 Future ValueInterestTime PeriodsPresent Value $789,000.063$662,459.61 $500,000.054$411,351.24 $1,922,001.065$1,436,230.96