just assignment 1B
Prepared by: Dr. Sihui (Sue) Zhou Moderated by: Dr. Karthik Nagarajan March 2021 Assessment Details and Submission Guidelines Unit Code BN205 Unit Title Trimester 1, 2021 - Project Management Assessment Type Assignment 1 Assessment Title Individual Assignment Purpose of the assessment (with ULO Mapping) • Demonstrate project leadership skills; identify and assess risk in designing and executing major projects; • Reflect on current project management ethics, research, theory and practice; Weight Assignment 1a 5% Assignment 1b 10% Total Marks Assignment 1a 20 marks Assignment 1b 40 marks Total Marks = 60 Marks Word limit 1500 Due Date Assignment 1a Week 3 Sunday 11th April, 2021, 11:55 PM Assignment 1b Week 7 Thursday 6th May, 2021, 11:55 PM Submission Guidelines • All work must be submitted on Moodle by the due dates along with a completed Assignment Cover Page. • The assignment must be in MS Word format, 1.5 spacing, 11-pt Calibri (Body) font and 2 cm margins on all four sides of your page with appropriate section headings. • Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using IEEE referencing style. Extension • If an extension of time to submit work is required, a Special Consideration Application must be submitted directly to the School's Administration Officer, in Melbourne on Level 6 or in Sydney on Level 7. You must submit this application three working days prior to the due date of the assignment. Further information is available at: • http://www.mit.edu.au/about-mit/institute-publications/policies- proceduresand-guidelines/specialconsiderationdeferment Academic Misconduct • Academic Misconduct is a serious offence. Depending on the seriousness of the case, penalties can vary from a written warning or zero marks to exclusion from the course or rescinding the degree. Students should make themselves familiar with the full policy and procedure available at: http://www.mit.edu.au/aboutmit/institute-publications/policies- procedures-and-guidelines/PlagiarismAcademic-Misconduct-Policy- Procedure. For further information, please refer to the Academic Integrity Section in your Unit Description. http://www.mit.edu.au/about http://www.mit.edu.au/about http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/special-considerationdeferment http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure BN205 Network Project Management Page 2 of 8 Prepared by: Dr. Sihui (Sue) Zhou Moderated by: Dr. Karthik Nagarajan March 2021 Purpose of the assessment: As a project manager, your career will be driven by decisions, often dozens or more per day. Some decisions are small and barely noticed while others are more prominent and could have serious ramifications on yourself, your organisation and your stakeholders. Decisions like this will most likely require deep thought as they involve people, resources and the environment. Sometimes these factors are in conflict, creating a dilemma and perhaps significant risks where your awareness of Ethical issues in a professional setting will be vital. To guide ethical behaviour and help with tough decisions, the Project Management Institute (PMI) has developed a Code of Ethics and Professional Conduct and an Ethical Decision-Making Framework. This assessment will require you to use your knowledge of the PMI code and framework and apply it in a real life case study. Assignment structure and submission guideline The assignment is divided into two parts: • The first part of the assignment (1a) focuses on project management code of ethics theory and practice. Assignment 1a is worth 5% of the total unit marks. Students have to submit the first part of the assignment (assignment 1a) in week 3. • The second part of the assignment (1b) is an extension on assignment 1a. It highlights the importance of risk identification and assessment while managing projects. Assignment 1b also emphasises how decision making in project management requires awareness of both ethical issues and risks that might affect people resources and the environment. Assignment 1b is worth 10% of total unit marks. Once assignment 1a is marked feedback is provided, then students complete assignment 1b taking into account the feedback provided and submit it in week 7. https://www.pmi.org/about/ethics/code BN205 Network Project Management Page 3 of 8 Prepared by: Dr. Sihui (Sue) Zhou Moderated by: Dr. Karthik Nagarajan March 2021 Packer Telecom – Case Study BACKGROUND The rapid growth of the telecom industry made it apparent to Packer's executives that risk management must be performed on all development projects. If Packer were late in the introduction of a new product, then market share would be lost. Furthermore, Packer could lose valuable opportunities to "partner" with other companies if Packer were regarded as being behind the learning curve with regard to new product development. Another problem facing Packer was the amount of money being committed to R&D. Typical companies spend 8 to 10 percent of earnings on R&D, whereas in the telecom industry, the number may be as high as 15 to 18 percent. Packer was spending 20 percent on R&D, and only a small percentage of the projects that started out in the conceptual phase ever reached the commercialization phase. where Packer could expect to recover its R&D costs. Management attributed the problem to a lack of effective risk management. THE MEETING PM: "I have spent a great deal of time trying to benchmark best practices in risk management. I was amazed to find that most companies are in the same boat as us, with very little knowledge in risk management. From the limited results I have found from other companies, I have been able to develop a risk management template for us to use." Sponsor: "I have read over your report and looked at your templates. You have words and expressions in the templates that we don't use here at Packer. This concerns me greatly. Do we have to change the way we manage projects to use these templates? Are we expected to make major changes to our existing project management methodology?" PM: "I was hoping we could use these templates in their existing format. If the other companies are using these templates, then we should also. These templates also have the same probability distributions that other companies are using. I consider these facts equivalent to a validation of the templates." Sponsor: "Shouldn't the templates be tailored to our methodology for managing projects anti our life cycle phases? These templates may have undergone validation, but not at Packer. The probability distributions are also based upon someone else's history, not our history. I cannot see anything in your report that talks about the justification of the probabilities. The final problem I have is that the templates are based upon history. It is my understanding that risk management should be forward looking, with an attempt at predicting the possible future outcomes. I cannot see any of this in your templates.'' PM: "I understand your concerns, but I don't believe they are a problem. I would prefer to use the next project as a 'breakthrough project' using these templates. This will give us a good basis to validate the templates." BN205 Network Project Management Page 4 of 8 Prepared by: Dr. Sihui (Sue) Zhou Moderated by: Dr. Karthik Nagarajan March 2021 Sponsor: "I will need to think about your request. I am not sure that we can use these templates without some type of risk management training for our employees." References: Kerzner, H 2003, Project Management Case Study, John Wiley & Sons. Inc. Retrieved April, 7 2018 http://213.55.83.214:8181/Project%20mgt%20bks1/Project%20management%20case%20studies.p df Assignment Tasks Assignment 1a: Ethical Analysis of the case study Prepare a report of about 500 words that gives an ethical analysis of the issues raised in the case study. Your report should at least include the following sections: Executive Summary You should provide a brief summary of your main findings and research so that the reader can know its main purpose. Introduction In this section you should (briefly) state the case study being analysed. You should discuss the purpose and scope of the report and the sources of the information that you have used. That is, you should provide an overview of what you intend to write about in your report, so that the reader can anticipate how you are going to present the material and what it will consist of. Analysis of the case study o Briefly state the case study being analysed, and discuss the purpose and scope of the report and the sources of the information that is used in the report. o Identify the ethical issues that arise in the case study. o Examine the PMI code and identify requirements that are relevant to this case study. BN205 Network Project Management Page 5 of 8 Prepared by: Dr. Sihui (Sue) Zhou Moderated by: Dr. Karthik Nagarajan March 2021 Assignment 1b: Breach of PM Ethical Standard and Associated Risks Prepare a report of about 1000 words that on potential breach of PMI code of conduct and risks to the project. Your report should at least include the following sections: o Potential consequences: identify the potential consequences for the stakeholders if the templates are used in their existing format o Potential breaches: identify the potential breaches of the Project Management Institute (PMI) ethical standards by the Project team. o Potential Risks: identify the potential risks o Recommendations: present your recommendations to the project manager on how to proceed to solve the ethical dilemma he/she is facing. o Conclusion: provide short concluding comments that remind the reader the main purpose of the assessment, how you went about addressing the ethical issues of the case study