1. Statement of Course ObjectivesThe objective of the Directed.docx
- 1. 1. Statement of Course Objectives The objective of the Directed Readings is to provide an organized and systematic study and research arrangement. This arrangement is expected to facilitate completion of course goals, and to add valuable experience for the student's career. The main focus of the research will be … some introduction, motivation. In this project, I will analyze … I will also analyze … At the end of this project, I hope to better understand … I am a … major, and I am interested in a career in … Accordingly, I think acquiring an understanding of these issues would be valuable in the future because … 2. Bibliography For the study, the student will use various sources including media coverage, prior published research articles and books, case studies, as well as financial data. Media coverage The use of business media coverage should help to give a 'current-event' type feel to the research. These media include WSJ, NYT, Forbes among others. Research articles and books Case studies Financial data The student may use different online resources such as academic journals and industry databases to further the research. Macroeconomic data Institutional data
- 2. 3. Methodology Depending upon the nature of the proposed topic, the student is expected to … (how you will go about conducting research on the topics you proposed, is it qualitative vs. quantitative, where will you draw your sources of information, how will you structure/draft your reports ….) 4. Evaluation Evaluation for course grade will be based on the following considerations: · Importance of identified topics. · Breadth and depth of review of existing and concurrent studies. · Analyzing the topics: method, rigor, depth. · Positioning this research in broader perspective and convey the findings effectively. Case Study objective and instructions: Objective: This assessment relates to the unit learning outcomes as in the unit descriptor. This assessment is designed to evaluate student’s ability to identify the key phases of projects and to successfully manage the projects by using various IT project management tools and techniques. The following ULOs are assessed in this assessment. LO1 Demonstrate ability to skillfully manage projects by putting to effective use various IT project management tools and techniques. LO2 Critically analyze project parameters and identify the key processes from the available project management book of knowledge in practical case scenarios. INSTRUCTIONS In this assignment you will use the IT project management knowledge area and the tools used in project initiation and
- 3. planning to prepare a project charter for the Case Studybelow. Make sure to analyse the project management parameters and identify the actors relevant to the case study and mention the project scope, constraints and assumptions. For this assessment, you will prepare a project charter based on the business case given below. Your report should be limited to approx. 1000 words. Use 1.5 spacing with a 12 point Times New Roman font. You can use other sources to support your claims. Citation of sources is mandatory and must be in the IEEE style. The project charter must include: (VERY IMP) Please follow this charter • Project Title. • Background (Why is the project is undertaken? Describe an opportunity or problem that the project is to address.) • Project Goal/s (Not more than 3) • Project Scope (What will be the end result of the project?) • Key Stakeholders • Project Milestones (Identify/assume the significant project milestones) • Constraints and Assumptions CASE STUDY SIGMA Consulting’s Business Case: Introduction/Background SIGMA Consulting’s core business goal is to provide world- class project management consulting services to various organizations. The CEO, Joe Fleming, believes the firm can streamline operations and increase business by providing information related to project management on its intranet site, making some information and services accessible to current and potential clients. Business Objective SIGMA Consulting’s strategic goals include continuing growth and profitability. The Project Management Intranet Site Project will support these goals by increasing visibility of the firm’s expertise to current and potential clients by allowing client and
- 4. public access to some sections of the intranet. It will also improve profitability by reducing internal costs by providing standard tools, techniques, templates, and project management knowledge to all internal consultants. Since SIGMA Consulting focuses on identifying profitable projects and measuring their value after completion, this project must meet those criteria. Current Situation and Problem/Opportunity Statement SIGMA Consulting has a corporate Web site as well as an intranet. The firm currently uses the Web site for marketing information. The primary use of the intranet is for human resource information, such as where consultants enter their hours on various projects, change and view their benefits information, access an online directory and Web-based e-mail system, and so on. The firm also uses an enterprisewide project management system to track all project information, focusing on the status of deliverables and meeting scope, time, and cost goals. There is an opportunity to provide a new section on the intranet dedicated to sharing consultants project management knowledge across the organization. SIGMA Consulting only hires experienced consultants and gives them freedom to manage projects as they see fit. However, as the business grows and projects become more complex, even experienced project managers are looking for suggestions on how to work more effectively. Critical Assumption and Constraints The proposed intranet site must be a valuable asset for SIGMA Consulting. Current consultants and clients must actively support the project, and it must pay for itself within one year by reducing internal operating costs and generating new business. The Project Management Office manager must lead the effort, and the project team must include participants from several parts of the company, as well as current client organizations. The new system must run on existing hardware and software, and it should require minimal technical support. It must be easily accessible by consultants and clients and be secure from unauthorized users.
- 5. Analysis of Options and Recommendation There are three options for addressing this opportunity: 1. Do nothing. The business is doing well, and we can continue to operate without this new project. 2. Purchase access to specialized software to support this new capability with little in-house development. 3. Design and implement the new intranet capabilities in-house using mostly existing hardware and software. Based on discussions with stakeholders, we believe that option 2 is the best option. Du 1 Reading Report 1 (QL: Please have a proper title) An epidemic virus is an enemy not unfamiliar to humans. Their invisible existence poses a potential threat to humanity, and every outbreak of them causes the world's living beings to be damaged. During 2003, the outbreak of SARS brought great panic to the people of the world. Especially in China, atypical pneumonia affects not only the lives of local residents, but also China's economy. After China's reform and opening up, the level of national consumption and the gross national product have improved significantly. The huge population not only gives China's manufacturing industry powerful human resources, but also creates a highly competitive and low-paying job environment. Under such conditions, China has a strong competitive advantage in the international market. During the SARS period in 2003, the impact of the virus epidemic on the Chinese economy was undoubtedly huge. Because almost everyone will require self-isolation to prevent unpredictable mutual transmission. Various commercial organizations, companies,
- 6. and factories have had to delay construction to protect themselves and their employees. According to Ren Ruoen's statistical analysis, SARS has seriously affected Beijing, Guangdong and other cities, and they have up to 22% of China's GDP. China's retail industry and service industry are the biggest victims. During the epidemic, sales in the severely affected cities fell by almost 37% in May. (QL: Sources for this number?) In other provinces less affected by the epidemic, retailer industry sales have also dropped by an average of 20% (Rawski). Prolonged self-isolation and avoiding viruses have caused manufacturing to reduce production capacity. Because of the lack of human resources, many manufacturers have been unable to operate normally or complete their construction deadlines. At the same time, because people have increased awareness of self-management and defense, they have reduced travel and driving. This has reduced demand for oil. Because China has a large population, its energy consumption is also huge. The simultaneous existence of these two conditions has led to a reduction in oil production. (QL: Please be more specific. Oil consumption in China? Oil Production in China? Global oil production? I do not see the link between the two preceding sentences clearly.) According to the literature, the growth rate of the petroleum industry before the outbreak of disasters is usually 9%, but during the epidemic the growth rate became negative 10% (Rawski). It is not just the oil industry that has been affected by SARS. China's domestic tourism industry has also shrunk significantly. When travel becomes a panic, tourism has to be hit hard. From 1999 to 2002. China's tourism industry has been on the rise. (QL: Can you provide a figure characterizing the growth of the tourism industry over the years and how SARs affected it?) During the outbreak of the SARS virus, people's increased awareness of self-protection led to their desire to travel less. Therefore, from 2002 to 2004, 2003 was the lowest period in China's tourism industry, with a loss of more than US $ 3 billion (Keogh-Brown; Smith). In 2003, the
- 7. fear that SARS brought to people kept people's strong sense of self-protection. At the same time, it has brought harm to China's tourism industry. Although the SARS virus has affected China's various industries to some extent, it has not produced significant losses in its long-term development capacity. After the epidemic was brought under control, China's economy quickly returned to its original level. According to the data displayed by world bank open dates, China's export volume is still on the rise from 2002 to 2003 (Beutels; Jia; Zhou). This shows that the virus epidemic has not had a long-term impact on China's export economy. (QL: I have seen enough evidence. It is unclear what the Chinese economy would have been, had SARs not occurred.) In general, SARS poses more than a health threat to China. There will also be short-term but serious injuries financially. The delayed start of the production industry and the people's self-protection consciousness have caused frustrations in the production, tourism, and retail industries. We can also know that infectious viral diseases will have a long-term impact on the service industry. In other words, viruses can affect the third type of industry for a long time. These include transportation, services, entertainment, etc. The first and second industries will only be affected in the short term, and they can recover quickly after the epidemic is under control. In 2019, a new coronavirus broke out in Wuhan, China. This undoubtedly reminds us of the SARS period in 2003. The outbreak of the virus has also seen large-scale human-to-human transmission, which also forced the Wuhan government to block the entire city to prevent the large-scale spread of the epidemic. Residents in other provinces and cities have also implemented self-isolation to reduce the chance of infection. The economic impact of the Wuhan epidemic may be different from that of the SARS epidemic. First of all, China's logistics industry has increased with the times, and online shopping has become the mainstream consumption method. (QL: Again, please look for numbers and show them in tables and/or figures.) Most retailers
- 8. consider both physical and online sales, which may make them less vulnerable than they were in 2003. Although most people have experience during the SARS period, I believe that the tourism industry is still relatively affected. At the same time, it means that the transportation industry will also receive a certain blow. According to the data released by the National Bureau of Statistics of China, the air passenger traffic as of January 1, 2020 has dropped by almost 10% compared to November 2019. In the fourth quarter of 2019, the tertiary industry's GDP grew by almost 7% year-on-year. Therefore, this outbreak is likely to cause some long-term damage to the national GDP (NBSC) . China is a large production country. Although WTO has not listed China as an epidemic country, the delay in resumption of work has caused many countries to fail to provide outsourced products on time. This has led to many difficult times for large multinational companies facing product line suspensions and production cuts. Companies such as Hyundai in South Korea and Apple in the United States have had to suffer from a shortage of parts. Apple has stated that due to the impact of the Chinese epidemic, Apple products in the global market will be temporarily restricted, and Apple store hours in China will be significantly reduced. Therefore, Apple will most likely fail to meet its March revenue target (Apple Inc). At the same time, this has led these large companies to consider giving outsourcing and manufacturing orders to neighboring China. This is undoubtedly a big threat to Chinese manufacturers. (QL: You have discussed the impacts on (1) tourism industry; (2) impact on the overall economy. Can you provide a more extensive coverage? For example, some argue that SARs really help e-commerce companies such as JD.com and Alibaba. How did the epidemic affect the society beyond the Chinese economy? What about the 2019 Coronavirus epidemic?) (QL: Will you turn in a total of 2 reports? If so, what topic would you cover in the second report?) Work Cited
- 9. Investor update on quarterly guidance. (2020, February 17). Retrieved February 20, 2020, from https://www.apple.com/newsroom/2020/02/investor-update-on- quarterly-guidance/ Beutels, P., Jia, N., Zhou, Q. Y., Smith, R., Cao, W. C., & De Vlas, S. J. (2009). The economic impact of SARS in Beijing, China. Tropical Medicine & International Health, 14, 85-91. Keogh-Brown, M. R., & Smith, R. D. (2008). The economic impact of SARS: how does the reality match the predictions? Health policy, 88(1), 110-120. Rawski, T. G. (2005). SARS and China’s Economy. SARS in China: Prelude to Pandemic, 105-121. Tang, C. (2006). Perspectives in supply chain risk management. International Journal of Production Economics, 103(2), 451- 488.