Business Finance
CPMGT305 University of Phoenix Post Graduation Adventure Case Analysis

CPMGT305

University of Phoenix

Question Description

Resource: Post Graduation Adventure Case in Ch. 5 of Project Management: The Managerial Process

Read the Post Graduation Adventure case on page 154 in Ch. 5 of Project Management: The Managerial Process.

Complete a response for each of the 3 subsequent questions in 175 words each.

Format your paper consistent with APA guidelines.



Post Graduation Adventure

Josh and Mike met each other as roommates during freshmen year at MacAlister College in St. Paul, Minnesota. Despite a rocky start they became best friends. They are planning on going on a two week adventure together to celebrate their graduation in June. Josh has never been to Europe and wants to visit France or Spain. Mike spent a semester abroad in Aarhus, Denmark, and traveled extensively in Northern Europe. Even though he never went to France or Spain, Mike wants to go to some place more exotic like South Africa or Vietnam. For the past week they have been arguing back and forth over where they should go. Josh argues that it will cost too much to fly to South Africa or Vietnam, while Mike counters that it will be much cheaper to travel in Vietnam or South Africa once they are there. Each of them agreed that they can spend no more than $3,500 each on the trip and could be gone for only two weeks.

One evening when they were arguing with each other over beers with friends, Sara said, “Why don't you use what you learned in your project management class to decide what to do?” Josh and Mike looked at each other and agreed that made perfect sense.

  1. Assume you are either Mike or Josh; how would you go about making a decision using project management methodology?
  2. Page 155Looking first at only cost, what decision would you make?
  3. After cost, what other factors should be considered before making a decision?

Final Answer

hello, check on the answer

Running Head: MAKING DECISION METHODOLOGY

Making Decision Methodology
Name
Institution
Date

1

MAKING DECISION MANAGEMENT METHODOLOGY

2

Making Decision Methodology

If I were Mike or Josh, I would use the project management methodology to make the
decision. The first thing issue I will do is identify the problem at hand. I will then collect the fact
that impact the decision-making process, plan for the available resources, execute the plan and
then monitor the entire process to make sure that nothing goes outside the scheme. If the above
procedure is followed, the decision-making process will be easy and accurate. It will provide a
guideline on how the available resources will be used economically. The method will also make
meaning on how the s...

Mirrz (5545)
Boston College

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