Assignment 1- 700 words apa format double space No PlagiarismUnderstand why project management is becoming such a powerful and popular practice in business.Recognize the basic properties of projects, including their definition.Understand why effective project management is such a challenge.Understand and explain the project life cycle, its stages, and the activities that typically occur at each stage in the project.Understand the concept of project “success,” including various definitions of success, as well as the alternative models of success.Understand the purpose of project management maturity models and the process of benchmarking in organizations.Recognize how mastery of the discipline of project management enhances critical employability skills for university graduates.200 wordsThink of a successful project and an unsuccessful project with which you are familiar. What distinguishes the two, both in terms of the process used to develop them and their outcomes?Consider the Expedition Everest case at the end of the chapter: what elements in Disney’s approach to developing its theme rides do you find particularly impressive? How can a firm like Disney balance the need for efficiency and smooth development of projects with the desire to be innovative and creative? Based on this case, what principles appear to guide its development process?Compare and contrast the organizational cultures at Amazon and Google. Imagine if you were in charge of a project team at both companies. How might your approach to managing a project, developing your team, and coordinating with different functional departments differ at the two firms?Assignment 2- 2 pages apa format double space No PlagiarismCase Study 1.1 MegaTech, Inc.MegaTech, Inc. is designed to highlight some of the reasons why an organization that had operated in a relatively stable and predictable environment would seek to move to an emphasis on project-based work. The trigger event, in this case is the advent of the NAFTA treaty, which opened up competition on a more price-competitive basis.Questions What is it about project management that offers MegaTech a competitive advantage in its industry?What elements of the marketplace in which MegaTech operates led the firm to believe that project management would improve its operations?Activity I: You are a member of the senior management staff at XYZ Corporation. You have historically been using a functional structure set up with five departments: finance, human resources, marketing, production, and engineering. Create a drawing of your simplified functional structure, identifying the five departments.Assume you have decided to move to a project structure. What might be some of the environmental pressures that would contribute to your belief that it is necessary to alter the structure?With the project structure, you have four projects currently ongoing: stereo equipment, instrumentation and testing equipment, optical scanners, and defense communications.Draw the new structure that creates these four projects as part of the organizational chart.Need both assignments in differed word document

This assignment is intended to help you learn how to apply forecasting and demand models as part of a business operations plan.Choose 3 quantitative elements that you would like to research in relation to the organization that you selected for your business plan. These elements may be related to products, services, target market, consumer preferences, competition, personnel, resources, supply chain, financing, advertising, or other areas of interest. However, at least one of these elements should be related to a product or service that your organization is planning to offer.Develop forecasts by implementing the following approach:Collect data, including old demand forecast (subjective data) and the actual demand outcomes.Establish the forecasting method (from readings). Decide on the balance between subjective and objective data and look for trends and seasonality.Forecast future demand using a forecasting method.Make decisions based on step 3.Measure the forecast error where applicable. Look for biases and improve the process.Write a 525- to 700-word paper evaluating the findings from the supported data points above, and explain the impact of these findings on operational decision making. Insert charts and supporting data from Excel and other tools in your paper.Cite references to support your assignment.Format your citations according to APA guidelines.

In the Cases & Projects section at the back of Chapter 7 in your textbook, find and complete problem “CP 7-6 Comparing inventory ratios for two companies.” Be sure to complete all steps and sections of the problem and show all your work. Clearly label your answers. Submit all your documentation for the problem to the dropbox for grading.