MBA641 Strategic Project Management: Performance Evaluation Report

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Added on  2022/10/02

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Performance Evaluation
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Case studies evaluation
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Introduction
Performance evaluation
Importance of performance evaluation
Performance evaluation criteria
Scope of the project
Description
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Background of project A
New shoe introduced in company’s
product range
The product rivaling big corporate giants
Manufacturing and supply done by
Chinese firm
Child labour practiced by the concerned
Chinese organization
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Background of Project B
Objective of project B
Consultation with all stakeholders
Scandal exposure
Maligning the image of the company
Cancellation of marketing campaign
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Background of project C
Objective of project C
The product manufactured and sold
The problem cropped up later
The actual issue in management
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Project alignment- project A
Strategic goals
Increase the sales
Gain competitive edge
Ethical standards
Breach of Child labour regulations
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Project alignment- project B
Strategic goals
Increase in sales
Gain competitive benefit
Ethical standards
Breach of ethical standards
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Project alignment- project C
Strategic goals
Increase in sales
Increase in profit
Ethical standards
No breach of law
No compromise with ethical values
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Marketing myopia
Description of marketing myopia
Example of marketing myopia
Disadvantages
Relevance in modern century
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Project Performance Scorecard of
Project A
Dimension Score Explanation
Stakeholders
3/10
No consultation with board of directors
Project process
9/10
Effectively executing the project
Innovation and Learning
10/10
Adequate cost and time spent on innovation
Quality
10/10
Quality rating good by customers with excellent feedback
Benefit
8/10
Increased sales
Use
/10
The quality and useful products for customers
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Project performance Scorecard of
Project B
Dimension Score Explanation
Stakeholders
9/10
All stakeholders identified and consulted
Project process
3/10
Not a Well executed project
Innovation and Learning
6/10
No major value proposition
Quality
9/10
Quality products supplied to customers
Benefit
10/10
Increase in sales
Use
8/10
Useful products supplied to customers
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Project performance Scorecard of
Project C
Dimension Score Explanation
Stakeholders
8/10
All stakeholders identified and consulted
Project process
3/10
Poorly managed project
Innovation and Learning
3/10
No innovation and learning
Quality
3/10
Quality rating bad by customers with poor feedback
Benefit
0/10
Decrease in sales
Use
0/10
The increased customer dis-satisfaction due to non-usable products
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Recommendations for project A
Identification and consultation with all
stakeholders
Formulation of effective communication
strategy
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Recommendations for Project B
Formulation of effective knowledge
management strategy
Hiring of legal compliance officer
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Recommendations for project C
Effective management strategy
Effective marketing campaign
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Conclusion
Need of performance evaluation
Advantages of performance evaluation
Relevancy in modern context
Essential for long term sustainability
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References
Aggarwal, V. & Kapoor, M., 2019. Innovation growth from knowledge
transfer in international strategic alliances. Journal of Strategy and
Management, 11(2), pp.32-38.
Esch, M., Schulze, M. & Wald, A., 2019. The dynamics of financial
information and non-financial environmental, social and governance
information in the strategic decision-making process. Journal of Strategy
and Management, 12(3), pp.1-23.
Goswami, I. & Dsilva, N.R., 2019. Impact of job satisfaction and job stress
on employees’ life in Mumbai’s hospitality sector. Journal of Strategy and
Management, 12(3), pp.24-45.
Jose, S. & Venkitachalam, K., 2019. A matrix model towards CSR – moving
from one size fit approach. Journal of Strategy and Management, 12(2),
pp.1-27.
Kaul, A., 2019. Culture vs strategy: which to precede, which to align?
Journal of Strategy and Management, 12(1), pp.45-56.
Köseoğlu, M.A., Yildiz, M., Okumus, F. & Barca, M., 2019. The intellectual
structure of coopetition: past, present and future. Journal of Strategy and
Management, 12(1), pp.1-13.
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References
Kryger, A., 2018. Iterative prototyping of strategy implementation workshop design. Journal of Strategy and Management,
12(2), pp.45-48.
Mamédio, D., Rocha, C., Szczepanik, D. & Kato, H., 2019. Strategic alliances and dynamic capabilities: a systematic
review. Journal of Strategy and Management, 12(1), pp.43-48.
Mohammad, H.I., 2019. Mediating effect of organizational learning and moderating role of environmental dynamism on the
relationship between strategic change and firm performance. Journal of Strategy and Management, 12(2), pp.45-67.
Morais, F. & Franco, M., 2018. The role of cooperative alliances in internationalization strategy. Journal of Strategy and
Management, 11(4), pp.31-37.
Omotosho, S.I. & Anyigba, H., 2019. Conceptualising corporate entrepreneurial strategy. Journal of Strategy and
Management, 12(2), pp.24-31.
Parnell, J. & Brady, M., 2019. Capabilities, strategies and firm performance in the United Kingdom. Journal of Strategy and
Management, 12(1), pp.78-79.
Seifzadeh, P. & Rowe, W.G., 2019. The role of corporate controls and business-level strategy in business unit
performance. Journal of Strategy and Management, 14(3), pp.24-45.
Sinha, S., 2019. The emergent-strategy process of initiating organizational ambidexterity. Journal of Strategy and
Management, 14(3), pp.45-49.
Thorén, K. & Vendel, M., 2019. Backcasting as a strategic management tool for meeting VUCA challenges. Journal of
Strategy and Management, 12(2), pp.84-89.
Zakeri, S., Yang, Y. & Hashemi, M., 2019. Grey strategies interaction model. Journal of Strategy and Management, 12(1),
pp.43-48.
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