Question: A [40 MARKS] Read the case study below and answer ALL the questions that follow. A TALE OF TWO PROJECTS Author: Robert Howard A business
A [40 MARKS] Read the case study below and answer ALL the questions that follow. A TALE OF TWO PROJECTS Author: Robert Howard A business tale of what it takes to turn around troubled projects. The year is 2015 and times are good. The business environment is vibrant and the economy is strong. Large businesses are committing large amounts of capital and resources to implement new strategies, establish new capabilities, and open new markets. It was no different at PintCo, where Jack works as a Director of Customer Relationship Management. Jack walked into work on Monday morning like any other. He dropped his briefcase in his office, grabbed a cup of coffee and headed down the hall to meet with his boss, Brandon, about one of the company's troubled projects. Although Jack had substantial experience, he had only recently joined PintCo after being hired away from a chief competitor. He was still learning about some of the nuances of his current employer. After the typical morning banter, Brandon and Jack got to the topic at hand. Jack, I'll get straight to the point. I need to you to take over the Customer Master File project from Paul, Brandon said. He continued, We hired you because of your significant project management expertise. I know that you've turned around a lot more difficult situations than this. Over an hour later, Jack emerged from Brandon's office and set out to learn more about the challenge that Brandon had posed to him. Jack was an experienced business leader and project manager. He had seen more than his fair share of ugly projects; some he turned around while others had spun hopelessly out of control. He would be able to tell very quickly how this one would go based on the makeup and culture of the project team. Trouble Waters Over the course of the next few weeks, Jack took over the Customer Master File project, met with key project team members, and conducted dozens of interviews with key stakeholders. It was only a few weeks since Brandon had handed the keys to him for this troubled project, and now Jack was back in Brandon's office to give a rather stark update on the situation. Brandon, I've talked to the project team and to key stakeholders, and I know why this project is in trouble, Jack started. If you truly want me to turn this project around, I'll need your support to make some critical changes. Brandon, a 20-year veteran at PintCo, knew what was coming. He had seen too many projects start, flounder, and then fail at the company. He didn't want to hear that another project was on the brink of failure, but he asked anyway, What did you find out, Jack, and what can I do to help? Jack drew a deep breath and began to explain his findings. Brandon, as you know this project has been in flight for nearly six months now and it is already behind schedule and over budget. Jack went on, In talking to the project team and other stakeholders, I don't see the situation getting better without making some pretty significant changes. Jack's experience helped him to quickly identify a number of critical issues with the project, which he carefully outlined for Brandon: The scope of the project is not well defined, The IT architects are sitting in their ivory towers and disagree with the project's direction, The project team is not functioning as a team, There is a lack of clear executive sponsorship, and Steve from Marketing is trying to manipulate this project for his own political gain. I'm not going to sugar coat this for you Brandon, Jack explained. I've seen this situation far too often in my career, and if we don't change the situation this project will fail in glorious fashion. Foundations for Success Brandon knew that what Jack said was true, and he also knew that changing the situation would be difficult, painful, and potentially costly. He reluctantly agreed with Jack, and together they laid out several key changes. 2 DD Thanks for working with me on this Brandon, Jack said. Just to confirm, let me summarise the changes that we agreed to implement: First, we're going to stop the current project and recreate a clear and well-defined scope and get consensus buy-in on the new scope. Second, we're going to end the architectural holy wars by assigning key IT architects to the project on a full time basis. Third, we're going to co-locate the team and assign members to a full-time basis on the project. No more part-time participation. Fourth, Brandon, you agree to be much more visible and an active participant to drive key decisions for the project, and finally, Brandon - you are going to have a heart-to-heart with Steve and if necessary his boss - to eliminate any political agendas that could derail the project. Brandon and Jack both agreed with the plan. Jack knew that some of these changes would be unpopular, but without them the project would be doomed. He left Brandon's office with a sense of relief and apprehension. There was still a lot of hard work and heavy lifting yet to be done Celebrations Six months later, Jack ran into Brandon in the break room as they both were angling for their morning coffee refill. Jack!, Brandon shouted while patting Jack on the back. Congratulations on getting the Customer Master File project into pilot. By all accounts, it has been a resounding success! Brandon crowed. Thank you, Jack smiled and answered, but you know it was pretty touch and go after we met in your office to plan the project turnaround. There were a lot of unhappy campers and several of them didn't like the idea of being assigned 100% to the project if you recall. But we quickly converted them - and now I see a project team that is hitting on all cylinders, Jack added. In fact, Sharon told me she was ready to quit six months ago - and now she's happier than ever and up for promotion. Jack explained. I love it when a plan comes together, Jack said proudly as he turned to walk away and take on his next big project. Source: https://www.projectsmart.co.uk/a-tale-of-two-projects.php QUESTION 1 (40 Marks) A loose scope is potential for dragging a project astray. Critically discuss, with reference to the case study: 1.1 the reasons for defining the scope of the project (20 marks) 1.2 the common problems that project teams encounter when dealing with scope-change management (20 marks) SECTION B [60 MARKS] Answer ANY THREE (3) questions in this section. QUESTION 2 (20 Marks) Discuss the common method you would apply to bring this project back on course at an increased cost and discuss the advantages and disadvantages of the method. QUESTION 3 (20 Marks) The key point is to deliberately and publicly generate, quantify, and allocate schedule contingency. Allocating schedule contingencies is ensuring that there are built in reserves to buffer against risks that may occur to derail the project completion time. Parkinsons Law and Student Syndrome are often cited as causes for delay in achieving the set schedule. Elaborate further on these two reasons as well as FOUR (4) other reasons that could cause a delay of the schedule. 3 DD QUESTION 4 (20 Marks) In one of the little-known battles of the Civil War, General Tecumseh Beauregard lost the Third Battle of Bull Run because his preparations were not complete when the enemy attacked. If the critical path method had been available, the general could have planned better. Suppose that the project network shown below with activity times in days had been available. Determine the earliest start and finish times, latest start and finish times, and activity slack for the network. Indicate also the critical path. NB: In the network diagram above, numbers in the node in the area shaded brown are activity numbers and numbers in the areas shaded blue are activity durations. QUESTION 5 (20 Marks) Using the information below answer the questions that follows: Activity Original Duration in Months Crash Duration in Month Original Cost in Rands Crash Cost in Rands J 14 12 R10,000 R14,000 K 9 8 R17,000 R27,000 N 3 2 R25,000 R26,000 L 7 5 R14,000 R20,000 M 11 8 R27,000 R36,000 5.1 Imagine that this project has a project float of -3 month. Which activity or activities presented above would you crash to give a float of zero, assuming that the activities listed above represent critical path activities. (11 marks) 5.2 How much would it cost to crash this project? Give reason for your answer. (3 marks) 5.3 Discuss briefly other methods that could be used to shorten project duration (6 marks)