Reference no: EM132368162
Project Management Current News/Event Group Assignment
Defining the project: By the end of the second week of the course, please ensure that as a group, you have narrowed your focus to one project for this assignment. A helpful suggestion in identifying the project is to think back to the definition of a project. This might help you narrow the scope of your project so that it is also manageable.
Since the starting point of critical thinking is defining the problems at hand, your team should read a few high-quality current articles on the company/industry from sources like the Wall Street Journal, Economist, Business Week, Globe and Mail, and industry reports, to name a few. These articles will help you understand some of the important projectmanagement issues that companies face. Some examples of prior project topics in this course include the 2015 Pan Am and Parapan Am Games, the Northern Gateway Project, the Apple Watch, Google's Project Loon, the Toronto-York Spadina Subway Expansion, theconstruction of the Rio 2016 Athletes Village, and project management at Tesla Motors (Model 3).
Research Question: You may focus on a positive or negative development in a major business project. For example, a positive one for Apple Inc. is "how to effectively manage new product development projects." An example of a negative development could be "how to address the environmental and political challenges surrounding the Keystone pipeline project." Notice that in each example, a particular project is framed using a question. "How" and "why" types of questions lead to qualitative research, whereas "how many" and "what proportion" types of questions lead to quantitative research.
Project management frameworks/tools/techniques: Bearing in mind that you are still in the first half of the course, there are specific tools or frameworks in project management that we covered in the course that you can draw from for your current news/event assignment. You may use materials beyond the content covered to date. You are not expected to do a complete strategic analysis of the industry, competition, resources, and capabilities. However, you may incorporate such analytical tools in your work if they assist you.
Analysis: The following questions may help you with your interpretation of the current news topic:
• What is interesting, exciting, or novel about the topic?
• What does the academic literature say about your project management topic?
• What are the issues? From a stakeholder perspective, who or what are affected, and how?
• Outcomes: What does this news event tell you about solution effectiveness or strategy effectiveness as proposed or as proposed by you? Consider the implications of the news event.
• What are some project management best practices that pertain to this topic?
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Determine the break-even sales for the past year
: For the coming year, no changes are expected in revenues and costs except that a new wage contract will increase variable costs by $6 per unit.
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Compute the anticipated break-even sales
: Compute the anticipated break-even sales in units, assuming that the unit selling price is increased and all costs remain constant.
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Compute the anticipated break-even sales
: For the current year ending April 30, Philip Company expects fixed costs of $70,000, a unit variable cost of $45, and a unit selling price of $95.
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Compute the break-even sales in units for the current year
: For the coming year, a new wage contract will increase the unit variable cost to $45. The selling price of $50 per unit is expected to remain the same.
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What does academic literature say about project management
: EEPM 675 - Essentials of Project Management - Athabasca University - Project Management Current News/Event Group Assignment
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What is its contribution margin ratio
: Dream Co. has budgeted sales of $500,000, fixed costs are $240,000, and variable costs are $375,000. What is its contribution margin ratio?
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Determine the value of cash provided by operating activities
: Determine the dollar value of cash provided or used by operating activities. If the total is a use of cash, enter as a negative number.
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Determine the contribution margin ratio
: Lauder Company had fixed costs of $282,500, variable costs of $645,000, and actual sales amounted to $1,100,000. If the company has a break-even point.
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What is the stockholders equity of each company
: What is the stockholders equity of each company? The total assets and total liabilities of Keurig Green Mountain Coffee, Inc., and Starbucks Corporation are.
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