2students

Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.

450 words +

Also, provide a graduate-level response to each of the following questions:

1. Think 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?
2. 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?

Activity 1

Case 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

1. What is it about project management that offers MegaTech a competitive advantage in its industry?
2. What elements of the marketplace in which MegaTech operates led the firm to believe that project management would improve its operations?