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Course Information
OPRE6271.PJM Project Overview and Strategic & Process Management Fall 2011
Course Description This course introduces the project lifecycle, typical project management processes, leadership and teaming in project management, the relevance of business process analysis, strategic alignment of projects, and financial considerations in project selection.
Student Learning Objectives/Outcomes Students will demonstrate the ability to: Assess the applicability of generally recognized standards for the project management profession to their practice of project management Apply business process improvement techniques to a business process Assess project contribution to business strategy, purpose and plan Consider financial contribution of potential projects in the context of strategic business alignment and project selection
Required Textbooks and Materials Textbooks: Project Management Institute. (2008). A Guide to the Project Management Body of Knowledge, 4th ed. Newton Square, PA: Project Management Institute. ISBN 978-1933890-51-7 Readings and Cases: Lines, Michael, Learning the Lessons of Apollo 13 Chasteen, Larry, A Longitudinal Look at Texas Instruments Case: Investment Analysis and Lockheed Tri Star Case: Diamond Chemicals Plc (A): The Merseyside Project
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Case: Hansson Private Label, Inc: Evaluating an Investment in Expansion Supplemental Course Materials: Diamond Chemicals (A) Student Spreadsheet.xlsm Hansson Spreadsheet.xls GPC Sheets on December 31.pdf
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Description
This module introduces you to the project management graduate program and explores the lifecycle and processes of project management.
Objectives (Students will be able to) Describe the purpose and structure of the Project Management Core phase of the MS/MBA program Describe the project lifecycle and the core processes of project management Assess the applicability of generally recognized standards for the project management profession to their practice of project management
Assignments
Be prepared to discuss your experience working on projects Individual Assignment PMBOK Relevance. Submit on Blackboard by 11:59 PM, Saturday, October 1, 2011. (40 points)
Discuss the breadth and complexity of the leadership roles and responsibilities in project management Identify and articulate assumptions and goals regarding leadership and teams Conduct complex project management related decision-making in a team environment Review the relationship between the PMI Project Management Professional competencies and their own skills and aspirations Describe the concepts of business process and business process design Demonstrate the use of the fundamental tools of process analysis Process mapping Process flow chart development Apply the tools and techniques to real business activity and process Describe organization learning as a business process
Be prepared to discuss your experiences with: Leading and being led Participating on and leading teams Adapting to a changing world Project management processes and roles
This module explores the concepts of modern business activity from the perspective of general business processes. Topics include the application of process analysis and process redesign tools. A case example employing learning as a process is discussed.
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Projects are often used to implement an organizations strategic plan. This module introduces the concepts of corporate strategy and strategic planning to provide context for considering the business relevance of projects Financial value is one criteria used when selecting projects. This module introduces financial tools useful in the management of projects
Describe the necessary and sufficient conditions for developing effective corporate strategy
Read: Chasteen, Larry, A longitudinal Look at Texas Instruments In-class exercises - Strategic Analysis - Strategy Implementation - Strategy Formulation
Assess project contribution to financial goals by considering: Internal rate of return Net present value Payback Economic value added Market value added
GPC Balance Sheet on December 31 GPC Income Statement for Year Ending 2xx1 GPC Cash Flow Statement, For the Year Ending Dec 31, 2xx0
Then read: Creating Value with Investments Investment Analysis and Lockheed Tri-Star Diamond Chemicals (A) Case For the Diamond Chemical Case, consider the following questions:
1. What cash flows are relevant in the analysis? Modify the spreadsheet assumptions as needed before you come to class. What are the sensitivities in the value analysis? What is important to estimate correctly? Can it be done? (Again, sensitivity analysis is easy with this model). Would you adopt the project as proposed? Why or why not?
2.
3.
Individual Assignment Investment analysis: Hansson Private Label. Submit on Blackboard by 11:59 PM, Saturday, Oct. 29, 2011. (40 points)
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Grading Policy
Your grade for OPRE6271 consists of two graded assignments and credit for in-class participation. You will earn 20 points for class participation if you attend all sessions, actively participate in all activities and contribute to discussions. Each module session is equally weighted with a maximum participation score of 2.5 points. Failing to attend will result in a score of zero for that session. A score between zero and 2.5 may be awarded for inadequate participation in a session you do attend. Graded assignments should be posted to Blackboard by midnight of the day listed. Assignment links disappear after the due date. If you cannot complete an assignment by the due date, it is your responsibility to contact the instructor associated with that assignment and to inform the instructor of record of this communication before the assignment becomes overdue. Note that faculty members have no obligation to accept late assignments or to discuss the possibility of extensions or extra-credit work, but may do so if you have a compelling reason and discuss it with them before the assignment is due. Assignments PMBOK Relevance Report Hansson Private Label Case Analysis Class Participation Percentage 40% 40% 20% Type Individual Individual Individual Due Date Oct. 1 Oct. 29
Technical Support
For assistance with Blackboard, Adobe Connect, and other Project Management Program technology issues, e-mail Wei Wang [weiwang@utdallas.edu] and Debbie Samac [debbie@utdallas.edu]. Note that Wei and Debbie cannot help you with your UTD account, including email access issues. If you experience any problems with your UTD account, send an email to assist@utdallas.edu or call the UTD Computer Helpdesk at 972-883-2911. Do not contact the UTD Computer Helpdesk for questions about or problems with Blackboard or Adobe Connect. They cannot help you these products are supported by the Project Management Program.
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University Policies
Academic Integrity
The faculty expects from its students a high level of responsibility and academic honesty. Because the value of an academic degree depends upon the absolute integrity of the work done by the student for that degree, it is imperative that a student demonstrate a high standard of individual honor in his or her scholastic work. Scholastic Dishonesty, any student who commits an act of scholastic dishonesty is subject to discipline. Scholastic dishonesty includes but is not limited to cheating, plagiarism, collusion, the submission for credit of any work or materials that are attributable in whole or in part to another person, taking an examination for another person, any act designed to give unfair advantage to a student or the attempt to commit such acts. Plagiarism, especially from the web, from portions of papers for other classes, and from any other source is unacceptable and will be dealt with under the universitys policy on plagiarism (see general catalog for details). This course will use the resources of turnitin.com, which searches the web for possible plagiarism and is over 90% effective.
Copyright Notice
The copyright law of the United States (Title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted materials, including music and software. Copying, displaying, reproducing, or distributing copyrighted works may infringe the copyright owners rights and such infringement is subject to appropriate disciplinary action as well as criminal penalties provided by federal law. Usage of such material is only appropriate when that usage constitutes fair use under the Copyright Act. As a UT Dallas student, you are required to follow the institutions copyright policy (Policy Memorandum 84-I.3-46). For more information about the fair use exemption, see http://www.utsystem.edu/ogc/intellectualproperty/copypol2.htm
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Email Use
The University of Texas at Dallas recognizes the value and efficiency of communication between faculty/staff and students through electronic mail. At the same time, email raises some issues concerning security and the identity of each individual in an email exchange. The university encourages all official student email correspondence be sent only to a students U.T. Dallas email address and that faculty and staff consider email from students official only if it originates from a UTD student account. This allows the university to maintain a high degree of confidence in the identity of all individual corresponding and the security of the transmitted information. UTD furnishes each student with a free email account that is to be used in all communication with university personnel. The Department of Information Resources at U.T. Dallas provides a method for students to have their U.T. Dallas mail forwarded to other accounts.
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Disability Services
The goal of Disability Services is to provide students with disabilities educational opportunities equal to those of their non-disabled peers. Disability Services is located in room 1.610 in the Student Union. Office hours are Monday and Thursday, 8:30 a.m. to 6:30 p.m.; Tuesday and Wednesday, 8:30 a.m. to 7:30 p.m.; and Friday, 8:30 a.m. to 5:30 p.m. The contact information for the Office of Disability Services is: The University of Texas at Dallas, SU 22 PO Box 830688 Richardson, Texas 75083-0688 (972) 883-2098 (voice or TTY) disabilityservice@utdallas.edu If you anticipate issues related to the format or requirements of this course, please meet with the Coordinator of Disability Services. The Coordinator is available to discuss ways to ensure your full participation in the course. If you determine that formal, disability-related accommodations are necessary, it is very important that you be registered with Disability Services to notify them of your eligibility for reasonable accommodations. Disability Services can then plan how best to coordinate your accommodations. It is the students responsibility to notify his or her professors of the need for such an accommodation. Disability Services provides students with letters to present to faculty members to verify that the student has a disability and needs accommodations. Individuals requiring special accommodation should contact the professor after class or during office hours.
These descriptions and timelines are subject to change at the discretion of the Professor.
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