City University of Seattle, PM 509: Project Management Analysis

This project management assignment analyzes a business case, focusing on identifying central issues such as lack of focus, poor communication, and inefficient resource management. The solution proposes a resource management strategy, including appropriate planning, scheduling, and conflict resolution to streamline project growth and reduce overall costs. The analysis covers problem justification, potential solutions, and specific recommendations, emphasizing the importance of skilled personnel and effective communication. The document also includes a detailed business case outline, covering commercial, legal, and social benefits, along with a sample business case process. The assignment highlights the critical factors in conducting an effective business case and its role in validating strategic alignment, promoting consensus, and supporting sound risk management. The conclusion emphasizes resource management as a key component for successful project outcomes.

Project management
Business fundament

Introduction
• Step 1: Case summary
• Step 2: Central issue
• Step 3: Problem justification
• Step 4: Potential solutions
• Step 5: Specific solution
• Step 6: Justification of
solution

Step 1: Case summary
Key events Decision Action Reaction
Increased market
demand
Diversifying the
business
Entry into
production in
aerospace
Demand to change
organizational
structure
Decreased funding
on procurement
Cost effective
operation
Reducing
investment in R&D
and targeted on
lucrative production
function
Lost the Neptune
contract

Cont….
Join the Neptune
program
Completion
within budget
and time
Hiring 35 key
employees of
Cameron
Increased
employee cost
and
dissatisfaction in
old employees
High cost of
Neptune contract
Reducing
operational cost
Laid-off 700
employees
Strike

Step 2: Central issue
• Main issue
lack of focus
Symtoms
• Delay in project

Cont…
• lower productivity
• Poor communication and
collaboration
• Inefficient hiring and
employee’s dissatisfaction
• Increased project cost

Step 3: Problem justification
• Lack of management focus
– Inconsistent
operation
– Ineffective decision
making

Poor communication
• Lack of collaboration
• Poor performance of project
team
• Low employee well-being

Lack of engagement of project team
• Poor productivity
• Participate in project
activities with lower
commitment

Poor management of resources
• High employee cost
• The organization was unable
to manage the financial
resources
• Inappropriate strategies for
managing human resources
• Poor inventory management

Step 4: Potential solutions
• Increasing involvement of managers of different
departments
–Involved them into decision making
–Encourage to work with restricted budget
–Provide opportunity to take some
decision dependently

Appropriate strategies for managing resource
• Adequate analysis of
resources competences
• Increase focus on staffing
• Appropriate management of
financial resources