BBA4126 Unit2 CSU Insurance Promotion Project Plan

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Instructions

Throughout the duration of this course, you will be developing a project plan to present to your stakeholders. In order to make this a meaningful course, it is important that you select a project that aligns with your current work situation or a potential future work environment of interest to you. Please use the definition of a project outlined on pp. 6–7 of your textbook to help select your project. You might also want to read through the directions for the assignments in units III, V, and VI to make sure that you will be able to supply the necessary information for each unit assignment; each of these assignments will be a part of your final project plan that you will submit in Unit VII. In Unit VII, you will formulate a PowerPoint in which you will present your project plan to your stakeholders based on your work from earlier units.

For this assignment, you will be choosing the project for which you wish to formulate your project plan. Please click here to complete the template. Your completed document should be at least two pages in length.

Once you have completed the template, save the document and upload it to the assignment area of Blackboard.

Textbook:

Larson, E. W., & Gray, C. F. (2018). Project management: The managerial process (7th ed.). New York, NY: McGraw-Hill Education.

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Unit II Project Topic Please complete the information below based on the project you have chosen for your project plan. Project name: Project manager name (your name): Project’s goal (reason for undertaking the project/anticipated benefits): Cost estimate (this is hypothetical so do not spend too much time on this aspect): Project structure (functional, matrix, or projectized): People/departments involved: Potential risks/issues to overcome: Timeline for completion (start date/completion date): Project scope (please see the Unit II Lesson for an example): Project objective: Deliverables: Milestones: Technical requirements: Limits and exclusions: Reviews with customer: Project Stakeholders: Work breakdown structure (WBS): Importance of the WBS: UNIT II STUDY GUIDE Defining the Project and the Organization Course Learning Outcomes for Unit II Upon completion of this unit, students should be able to: 3. Discuss guidelines for creating a work breakdown structure (WBS). 3.1 Describe the importance of a WBS. 3.2 Outline a WBS for a project. 8. Formulate a project plan to present to stakeholders. 8.1 Select a project for a project plan. 8.2 Define a project for a project plan. 8.3 Compose a project scope statement for a project plan. Course/Unit Learning Outcomes 3.1 3.2 8.1 8.2 8.3 Learning Activity Unit Lesson Chapter 4 Unit II Project Topic Unit Lesson Chapter 4 Unit II Project Topic Unit Lesson Chapter 4 Unit II Project Topic Unit Lesson Chapter 4 Unit II Project Topic Unit Lesson Chapter 4 Unit II Project Topic Reading Assignment Chapter 4: Defining the Project, pp. 101–122 Unit Lesson Project Planning To access the following resources, click the links below. Knights, R. (Director). (2017). Define the project (Segment 3 of 8) [Video file]. Retrieved from https://libraryresources.columbiasouthern.edu/login?auth=CAS&url=http://fod.infobase.com/PortalPla ylists.aspx?wID=273866&xtid=124190&loid=455600 Click here to view the transcript for the video above. Video Education America. (2012). Thorough project planning (Segment 2 of 8) [Video file]. Retrieved from https://libraryresources.columbiasouthern.edu/login?auth=CAS&url=http://fod.infobase.com/PortalPla ylists.aspx?wID=273866&xtid=49889&loid=171088 BBA 4126, Project Planning 1 Click here to view the transcript for the video above. UNIT x STUDY GUIDE Title The actual processes of a project (i.e., the technical aspects, such as planning and monitoring) are applicable globally for projects in almost any field. However, those same processes are impacted by social and cultural norms within fields, countries, and organizations. Projects at Google or Microsoft might be managed with adjustments for the information technology (IT) industry they work in as well as for the cultural differences in China, India, or the United States. The process of executing a project (doing the actual work defined in the scope statement) may be influenced by religious or legal restrictions within the country, local politics, or standard practices, such as hiring family members or paying for access to roads or land. Politics within an organization can also affect the technical aspects of a project. For example, project managers or team members may be chosen because of who they are within the community, how they are viewed by senior leadership, or their length of time with the company. Often, internal politics are the most influential sociocultural aspect of a project. Another influence on the technical aspects of a project is the organizational structure of the company doing the project (Larson & Gray, 2018). Functional organizations tend to develop silos, in which each department or division works independently with little interaction with other departments or divisions. Many large organizations, such as some governments and militaries or international corporations, are functional organizations with a hierarchal chain of command. Most of the interaction between divisions comes in the form of executive meetings and reports. Companies with a strong functional structure can be experts in their field (e.g., finance, IT, human resources), but they can sometimes miss the big-picture application of a project. Projectized companies can do very well with the big picture of a project, but they may have a greater need for outside experts because they are structured to be flexible and adjust to each project as it is implemented, as opposed to being field experts. Companies in fields where the customer demand and market conditions change often and quickly, such as Apple, are often projectized. Matrix organizations have a balance between the two so that when power is evenly distributed between functional managers and project managers, the company can provide field expertise and big-picture project management and results. Most companies have a matrix organizational structure, in which project teams are created from functional departments as projects are undertaken to achieve specific business goals. To facilitate project success, project managers can use various leadership skills such as exercising influence, team building, motivations, negotiation, and conflict management (Larson & Gray, 2018). The skills that provide the most benefit to the project manager can depend on the type of organization structure where they work. In functional organizations, where the functional manager has the most power, influencing and negotiation skills can be effective for making progress on project work. Projectized organization structures put the power in the hands of the project manager, so team building and coaching might be the better leadership skills to have in order to accomplish project goals (Larson & Gray, 2018). Project managers working in matrix organizations, depending on whether a strong- or weak-matrix structure is present, might find that decisionmaking and trust building are the go-to leadership skills they use to bring the functional managers into the project for their expertise and know-how. Developing an Effective Scope Statement for a Project We now turn our attention to the development of an effective scope statement for a project. According to Larsen and Gray (2018), when creating a scope statement, you should include the components below. BBA 4126, Project Planning 2 UNIT x STUDY GUIDE Title Here is an example of how to develop a scope statement. You are in charge of organizing a dinner-dance concert for a local charity. You have reserved a hall that will seat 30 couples and have hired a jazz combo. Project Objective: Organize a dinner dance for 30 couples by March xx at a cost no greater than yy to raise money for a local charity. Deliverables:     Sixty catered dinners Jazz combo Rented hall Tickets Milestones:    Rent hall by x. Sell 30 tickets by y. Arrange caterer by z. Technical Requirements:     Hall has sufficient space for tables and dance floor Convenient parking available Hall has infrastructure to support catered dinner and jazz combo Meals include vegetarian option Limits and Exclusions:     Caterer responsible for preparing, serving, and cleaning Ticket price set to generate at least $50 profit per couple Jazz combo responsible for sound system Event transpires between 7 p.m. to 12 a.m.. Customer Review: Charity official BBA 4126, Project Planning 3 Creating a Work Breakdown Structure (WBS) UNIT x STUDY GUIDE Title The work breakdown structure (WBS) gives project managers a realistic idea of the actual work needed to complete the project and where to begin analyzing time and cost figures (Larson & Gray, 2018). It is important to get information for the WBS from experts and the people actually doing the work (or their managers). Gathering information from experts, historical data, and employees gives the project manager the most accurate data available to make cost and scheduling estimates and to determine project and phase deadlines and milestones. If the WBS is too detailed, the project manager can become bogged down in the details of the work. If it is not detailed enough, the project manager may miss large portions of work that have a significant impact on scheduling and cost. The WBS is designed to provide different information for decision-making. For example, it provides information for the following types of decisions:        how to link deliverables, organization units, and customers, how to provide for control, how to isolate problems to source, how to track schedule and cost variance, how to assign responsibility and budgets, how to focus attention on deliverables, and how to provide information for different levels in the organization (Larson & Gray, 2018). Click the following link to learn more about how to create a WBS: http://doit.maryland.gov/SDLC/FormServerTemplates/WBS.doc A Closer Look In the video segment for this unit, we see that the project manager for the office relocation project has a distinct lack of leadership skills. To access the following resource, click the link below. Knights, R. (Director). (2017). Initial team meeting (Segment 2 of 8) [Video file]. Retrieved from https://libraryresources.columbiasouthern.edu/login?auth=CAS&url=http://fod.infobase.com/PortalPla ylists.aspx?wID=273866&xtid=124190&loid=455599 Click here to view the transcript for the video above. Getting your team on board with a project can be tough, but it is essential for project success. One notable reason that projects fail is that the leadership is lacking. For this reason, leadership is considered a critical success factor (CSF) (Turner & Muller, 2005). Let’s take this opportunity to learn more about CSFs. A life insurance company in Houston determined that there were four CSFs for its agents to master: (1) prospecting, (2) presentation, (3) closing, and (4) follow-up. If the agents were weak in any of these critical success areas, they were going to fail. The point here is that CSFs are essential to success and are not optional. For a project manager, leadership is a CSF. Most companies today provide leadership training for project managers. Further, colleges and universities incorporate leadership studies in the curriculum. However, there is no replacement for on-the-job training. The more projects that we manage, the more we will learn this CSF. While project managers lead and direct projects, they must be excellent listeners. Team members will do the work, which means the project manager must take input from these individuals. In some cases, the project team has more knowledge and experience related to the actual work than the project manager, thus the project manager assumes more of a facilitator role. BBA 4126, Project Planning 4 References UNIT x STUDY GUIDE Title Larson, E. W., & Gray, C. F. (2018). Project management: The managerial process (7th ed.). New York, NY: McGraw-Hill Education. Turner, J. R., & Müller, R. (2005). The project manager's leadership style as a success factor on projects: A literature review. Project Management Journal, 36(2), 49–61. Retrieved from https://www.pmi.org/learning/library/leadership-style-success-factor-projects-5536 BBA 4126, Project Planning 5 ...
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Tutor Answer

MercyK254
School: UC Berkeley

Attached.

Unit II Project Topic
Project name:
Social Media Advertisement for Travel Medical Insurance Plans
Project manager name: Name
Project’s goal:
To raise awareness of the availability of travel media insurance plans to international travel
enthusiasts, and to win insurance contracts for the company.
Cost estimate:
The cost estimate is $500.
Project structure:
The project structure will be matrix. It will be a balanced matrix. I will work on the project fulltime as the project manager, with the supportive staff acting only part-time. I will need moderate
to high authority, low to moderate resource availability, and a mixed project budget.
People/departments involved:
The only departments that will be involved are the marketing department and the finance
department.
Potential risks/issues to overcome:
Potential risk of security bleaches which will require firewa...

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Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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