Main Considerations in Planning P2M MBA MB0033 Assignment of SMU

The question has been taken from Project Management of MB0033 assignment of SMU MBA. The question is – “What are the main considerations in planning P2M? Give relevant examples.” There are already many assignments in this category - Deming’s philosophy relevant to Project Management, How can risks be prioritized in a Project Management and Introduction to ScMo Supply Chain Monitoring.

Some of the considerations for effective program management are given below:

Focusing on the various strategic initiatives taken up for multiple projects and the issues related to benefits and risks.

Bringing about the attention of management to a defined set of benefits, which are understood immediately, which are understood immediately, which are managed thought the implementation and at completion.

Helping to management to set priorities, choosing options and allocate resources.

Setting up mechanisms to measure and ensure that the projects making contributions for realizing expected business benefits.

Leading the organization on the path of ‘where it’ and ‘where it wants to be’. Ensuring that the effects of the programme driven changes are coordinated, the transitions are successfully managed. The operations are effective and efficient.

The objective sought to be achieved and the methods which are adopted and the activities that are going to be undertaken i.e. the process include the following steps.

Preparing and maintaining a set of activities and the workflow that is to be followed and identifying business areas responsible for different stage in the above:

The marketing sure that the priorities that the above generate are relevant and the projects are run on the basis of their impact on the business in a whole:

The Process has to incorporate all the important aspects which are to be addressed during implementation and management of the projects. It is important to identify all factors and incorporate resources – men, material, technology and time, so that their provision can be planned.

How Can Risks Be Prioritized In A Project Management? MB0033 Assignment of MBA for SMU

This is Project Management question of MB0033 assignment of SMU MBA. The question is – “How can risks be prioritized in a Project Management? Give any suitable example.” In this category, we already have discussed about Deming’s philosophy relevant to Project Management.

To identify risks, we must first define risk. Risks are potential problems, ones that are not guaranteed to occur. When people performing risk identification they often start by listing known problems. Known problems are not risks. During risk identification, you might notice some problems. If so, just move them to a problem list and concentrate on future potential problems.

Risk identification can be done using a brainstorming session. The brainstorm typically takes 13-30 minutes. Be sure to invite anyone who can help you think risks. Invite the project team, customer, people who have been a similar projects, and experts in the subject area of the project, limit the group size to nine people. In the brainstorming session, people call out potential problems that they think could hurt the project. New ideas are generated based on the items on the brainstorm list. A project manager can also use the process to refer to a database of risk obtained from past.

The information obtained from such databases can help the project manager to evaluate and asses the nature of the risk and its impact on he project. Also to a great extent the judgment of the project manager based upon his post experience comes very handy in dealing with risks. Another important method is to generate alternative solution or methodology to deal with risk. Generate solution by means of group review meetings or a brainstorm session.

During the brainstorm, consider the following items:

Selection of weak areas in a project, such as unknown technology being used or to be used:

Things, that is critical or extremely important to the effort, such as the timely delivery of a vendor’s database software, creation of translators, or a user interface that meets the customer needs.

Introduction to ScMo Supply Chain Monitoring for MB0033 Assignment of SMU MBA

The question of MB0033 assignment of SMU MBA is – “Explain the structure of the documentation systems as required by supply chain monitoring. What is the significance of documentation? How does it help a manager?”

The intent of this document is to define the structure of the documentation system, its content, and the method generation and to attain common documentation of all standard process of Odette. The documentation is valid for the SCM-group of Odette. The Documentation system is internet based to provide immediate access to current, up-to-date process documentation. The system allows users to manage through graphical structures to relevant documentation and process which were created with the ARIS – Tousled.

The process pro document action system serves the following objectives:

1) Present standard process to be adhered to across the industry, and in so doing secure their correct application.

2) Offer a central location of all process and system related information – from customizing documentation to working guidelines.

3) Allow flexible and quick adaptation in case of process changes or enhancement and provide the update information immediately.

4) Present the standard process in the intranet, where users can look up the current process whenever necessary.

5) Availability at every working location.

Defining the process documentation system the content of the process documentation system includes the area supply chain management from the Odette supply chain management group. The system includes graphical process documentation, in the form of process chains, as well as the entire range of documentation related information is attached to each documentation level, where it can be in the form of a single documentation or a link to further documentations or other process chains.

The process Documentation System gives, according to its objectives, an overview and a detailed view of the relevant process for SCMo. The process gives the information as to which activities are dome and by whom, when the activities are done and which systems and information support those activities. Easy system operation is achieved though the use of top-down navigation and the availability of a search index.