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Lecture 1

OPMA 407 Lecture 1: Lecture 3

2 Pages
92 Views
Summer 2018

Department
Operations Management
Course Code
OPMA 407
Professor
David Roberts
Lecture
1

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Lecture 3
Activity & Risk
MRQ #2- Project charter- with the high rate of failure, industry said we need something.
1. Purpose- Need to have purpose. A short summary of objectives and project scope.
Everyone needs to say what they think they agreed to for objective. Once you
agreed, make sure everyone is clear.
2. Objective- A more detailed statement of the general goals of the project. This
statement should include profit and competitive aims from the Business Case as well
as technical goals based on the Statement of Work (SOW).
3. Overview- Managerial + technical. A description of both the managerial and the
technical approaches to the work. How are you going to communicate? What is the latest
edition of the project? Subject Matter Experts (SME), good idea if someone checks over
someone's works, at least one other person. Cohesion in project.
4. Schedules- Milestones, this section outlines the various schedules and lists all
milestone events and/or phase-gates.
5. Resources- budget, machines, people. This element contains the budgets by task as
well as the cost control and monitoring plans. Identify what kind of equipments you'll
need.
6. Stakeholder- This section lists the key internal and external stakeholders. It also
contains a time phased plan for the people (or at least the skills) required for the
project.
7. Risk Management- Frequency and Severity. This covers potential problems as well as
potential lucky breaks that could affect the project. Things you need to identify as a
risk.
8. Evaluation method-
Work Breakdown Structure
Sufficient detail
Example:
1.0 Electrical
1.1 Master Bedroom
1.1.1 Plug ins
1.1.2 Cable
1.1.3 Satellite
2.0 Plumbing
2.1 Kitchen
2.1.1 Sink
2.1.2 Garburator
Agile Project Management
Your to do list. You get it from the WBS. ***Keep it short and frequent.
Example:
Task Partial Complete
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Description
Lecture 3 Activity Risk MRQ 2 Project charter with the high rate of failure, industry said we need something. 1. Purpose Need to have purpose. A short summary of objectives and project scope. Everyone needs to say what they think they agreed to for objective. Once you agreed, make sure everyone is clear. 2. Objective A more detailed statement of the general goals of the project. This statement should include profit and competitive aims from the Business Case as well as technical goals based on the Statement of Work (SOW) . 3. Overview Managerial + technical. A description of both the managerial and the technical approaches to the work. How are you going to communicate? What is the latest edition of the project? Subject Matter Experts (SME), good idea if someone checks over someones works, at least one other person. Cohesion in project. 4. Schedules Milestones, this section outlines the various schedules and lists all milestone events andor phasegates. 5. Resources budget, machines, people. This element contains the budgets by task as well as the cost control and monitoring plans. Identify what kind of equipments youll need. 6. Stakeholder This section lists the key internal and external stakeholders. It also contains a time phased plan for the people (or at least the skills) required for the project. 7. Risk Management Frequency and Severity. This covers potential problems as well as potential lucky breaks that could affect the project. Things you need to identify as a risk. 8. Evaluation method Work Breakdown Structure Sufficient detail Example: 1.0 Electrical 1.1 Master Bedroom 1.1.1 Plug ins 1.1.2 Cable 1.1.3 Satellite 2.0 Plumbing 2.1 Kitchen 2.1.1 Sink 2.1.2 Garburator Agile Project Management Your to do list. You get it from the WBS. ***Keep it short and frequent. Example: Task Partial Complete
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