Preview Reading: Review Portfolio Project Management (PPM) in Ch 21 of our text (Verzuh)Review the Case Study “Stellar Performer: Bill & Melinda Gates Foundation.” Essay Assignment Instructions: Regarding the above readings on Portfolio Management, explain key components, primary processes and steps required.How are projects rated, ranked, and valued? Do you consider this effective or not? Why or why not?How would Portfolio Management apply in your work environment or future work? Grading Criteria:Content: Answered the above questions adequately with all core concepts covered and explained in the student's own words (DO NOT just copy the text). Recommend 8-10 pages double-spaced. Although not required, if you reference external sources (articles, books, websites), refer to this in the body of your paper and provide a Reference List at the end of your paper. (40%)Communication: no grammatical or sentence structure errors; points were clear and understandable. Avoid first-person language and write for the intelligent layman (see below)* (30%)Application: How this would apply in real-world / work environments (20%)Submission: Submit the Essay as an MS Word document file with your NAME in the file (e.g., Smith Essay.doc) (10%). *First-person language and the intelligent layman:Avoid first-person language if possible. First-person personal pronouns include I, we, me, us, my, mine, our, and ours.Writing from the first-person point of view can, at times, weaken the credibility of the writer in research and argument papers. When the paper is written in first person, the work may sound like it is based only on personal opinion.Example: Weak: “I am writing this paper to let you know how bad I think bullying is.” (1st person)Stronger: “Bullying is a social issue that may result in devastating physical, mental, and emotional consequences for its victims.” (3rd person)Write your paper for “the intelligent layman”Write your paper assuming that your reader will be intelligent but may not be familiar with your topic and/or industry. This means that you should explain any technical concepts, avoid jargon and explain acronyms before using them.References: Follow this format if you are referencing external articles, papers, or review of websites (not required for the essay, but could be beneficial to support your points): 1) Provide a “References” page at the end of your essay (see format below for an article obtained from the journal Benchmarking)**2) If you provide a statement from an article or research paper within your paper, include this information. For example, if you wish to state that Ahmed provided a technique related to portfolio management, your statement could read: “Ahmed (2007) notes that x is the most useful method for risk management in the planning phase.” From there, I can review the References page at the paper's end to see more detail on this research. REFERENCES**Ahmed, A., Kayis, B. (2007). A review of techniques for risk management in projects. Benchmarking, 14(1), 22-36.

  UNIT 1 - Paper 1 - 250 to 500 words) You have been assigned to provide staffing solutions and a project plan for a new operation overseas. Provide a high-level view of how you will manage this project. The following questions need to be answered in your response: How would you apply planning, organizing, leading, and controlling to this project? Provide an example of how each fundamental aspect of management might be carried out in this scenario UNIT 1 - Presentations Information - No need to make presentation for Unit 1, this is just info) Part 1 of the Unit 5 Individual Project requires you to complete a four-section Key Assignment presentation. Although the Unit 5 IP Key Assignment presentation is not due until Unit 5, you will have the opportunity to work on your Unit 5 IP Key Assignment throughout each unit based on the scenario below and each unit’s focus, which is specified under the title “U5 IP Key Assignment Presentation Preparation.” Consider the following scenario as you complete the sections for Unit 5 IP Key Assignment: You are competing for a promotion to global manager. This position involves managing three key departments located in three different countries with three very different cultures. You have been asked to create a PowerPoint presentation that should persuade the hiring directors that you are the right person for the promotion. The following example shows the four sections that will be required for your Unit 5 IP Key Assignment project: SectionDescriptionTitle slideThis shows the title of the presentation and author information. Section 1: Global Management Fundamentals Begin Preparation: Unit 2 DB Approximately 4–5 slides Use an original scenario to provide examples of the following four fundamentals of management: Planning Organizing Leading ControllingDemonstrate how global strategy is incorporated in each example. Section 2: Cultural Differences in Communication Begin Preparation: Unit 4 IP Approximately 4–5 slides Research findings on the communication and business practice distinctions associated with a specific culture. Describe potential communication challenges and proactive solutions. Section 3: Global Business Issues Begin Preparation: Unit 3 IP Approximately 4–5 slides Ethical management practice involves working through the five steps to decision making advocated by the Project Management Institute. An ethical dilemma will be provided, and you must work through the decision-making process and come to a conclusion. Section 4: Global Negotiations Begin Preparation: Unit 4 IP Approximately 4–5 slides Methods for Managing Differences: Competitive Versus Cooperative Cultures This helps you work through a conflict by using the Managing Differences worksheet included in the course assignment and a conflict amongst your global team members. References Use the APA guidelines to cite references. UNIT 2 - Presentation 1 - no paper for this unit) Consider the following scenario: Begin creating and completing Section 1 below.  Keep in mind that your presentation should persuade the hiring directors that you are the right person for the promotion.  Also keep in mind that you will not submit Section 1 until Unit 5 IP. SectionDescriptionSlidesTitle SlideOne Slide   Title of Presentation and author information. Section 1: Global Management FundamentalsBegin Preparation: U2 DB Approximately 4-5 Slides Use an original scenario to provide examples of the four fundamentals of management: 5. Planning 6. Organizing 7. Leading 8. Controlling Demonstrate how global strategy is incorporated in each example. UNIT 3 - Paper 2 - 250 to 500 words) An ethical dilemma is one where there is no clear right or wrong options, just consequences to decisions. Managers are often faced with ethical dilemmas on a daily basis. Understanding how to make ethical decisions is an important skill for all managers. For this assignment, choose a country that is affected by the trade agreement that you studied in this week’s Discussion Board. Write a paper explaining how to work with the following ethical dilemma:You continue to conduct due diligence required to make a sound decision on doing business in the subject country. A colleague of yours who has done business working with the country in question suggests that if you make a bribe to the government official involved, the deal will go much smoother. Without the bribe, you might lose the deal altogether. Your competitor is willing to make the bribe if you do not. This is a normal everyday practice in this country and is in no way illegal. Use the Project Management Institute (PMI) Guidelines for Ethical Decision Making for this assignment. Document each of the 5 steps to show how you made your final decision. What do you do, and why? Reference Project Management Institute (PMI). (2011). PMI ethical decision making framework (EDMF). Retrieved from https://www.pmi.org/-/media/pmi/documents/public/p... UNIT 3 - Presentation 2 - 4 to 5 slides) Begin creating and completing Section 3 below. Keep in mind that your presentation should persuade the hiring directors that you are the right person for the promotion. Note that you will not submit Section 3 until the Unit 5 IP. Section 3: Global Business Issues Begin Preparation: Unit 3 IP Approximately 4–5 slides The application of ethical management practice involves working through the five steps to decision making advocated by the Project Management Institute. An ethical dilemma will be provided, and you must work through the decision-making process and come to a conclusion. UNIT 4 - Paper 3 - 250 to 500 words) Study the following document: Methods for Managing Differences Assume that this communication strategy has been recommended by your employer for mediation when working with potential and existing business clients and partners. Consider that there are basically two distinct types of cultures. One type is more cooperative, and the other is more competitive. It has been discovered that there are some conflicts occurring between some of the key players who need to come to agreement on specific critical areas of the deal for it to move forward. The top management would really like this deal to happen. Imagine being in this situation, and create the scenario as you go through the process using the methods approach from above. Describe the steps you would take and any considerations along the way. How would you use the recommended method when working with individuals who exhibit a generally competitive culture? How would you use the recommended method when working with individuals who exhibit a generally cooperative culture? Would this cultural factor change the way you apply this method for managing differences? Why or why not? Explain. UNIT 4 - Presentation 3 and 4 - 4 to 5 slides) Begin creating and completing Sections 2 and 4 below. Keep in mind that your presentation should persuade the hiring directors that you are the right person for the promotion. Note that you will not submit Sections 2 and 4 until Unit 5 IP. Section 2: Cultural Differences in Communication Begin Preparation: Unit 4 IP Approximately 4–5 slides Research findings on the communication and business practice distinctions associated with a specific culture. Describe potential communication challenges and proactive solutions. Section 4: Global Negotiations Begin Preparation: U4 IP Approximately 4–5 slides Methods for Managing differences: Competitive Versus Cooperative Cultures This helps you work through a conflict by using the Managing Differences worksheet included in the course assignment and a conflict amongst your global team members. References Use the APA guidelines to cite references. The resources that are listed should include all of the sections. Unit 5 - Put previous presentations together and Paper 4) Part 1 In Unit 4, you received feedback from your instructor and your peers on the Unit 5 Key Assignment presentation outline that you submitted. You must incorporate this feedback in your final presentation. Submit the final presentation to your instructor. This presentation is the culmination of all four sections of the Key Assignment presentation slides that you created throughout this course. Part 2 Write an action plan in a Word document that will prepare you for a desired global management position. This is in addition to the Part 1 slides from all of the previous units in the Key Assignment to add up to a total of 125 points for this assignment. Using a job search site, identify a management position that you would be interested in pursuing. Answer the following questions in paragraph form: What themes do you notice among the job ads? List at least 3 core competencies that someone needs to do that job effectively. How do you match up with what employers say they need? What qualifications do you have that align with their needs? What are the gaps between what you currently have to offer and what the employer expects? What will you do to overcome those gaps? If you had to describe the value you gained from this course to your future employer in an interview, what would you say?  

Chose a project idea examples: small local companies merging, company relocating several small locations to one location or new software integration to an organization. Discuss the justification for the project and how it relates to the strategic plan of the organization. Identify the stakeholders for the project, including the project sponsor, who will sign the project charter. Use the sixth edition of the APA Manual as your standard for all referencing. Because this is to be a usable project management plan, it is suggested that you use parenthetical citations throughout the document.Please see attached documents for more information.APA Format750 wordsAdditional help may be required as this is a multi-phase assignment