Case Study 3: Project and Portfolio

Company A is one of the largest coal producers. It has approximately 1,600 employees. Company A is a fuel supplier for approximately 4% of the nations (USA) electricity. Company A usually will handle project related to coal production. However, due to pandemic covd-19, Company A involved in the IT project. With a limited staff that was overwhelmed by increasing business demands, project quality began to wane for this company as they were occupied with managing the IT project portfolio. This had caused sudden increases in project execution capabilities and productivity. However, this also had resulted in increasing of operational cost avoidance during the current budget year. Although the projects had been completed, the cost of project delivery was still increasing. Therefore, something was wrong in that situation.

QUESTIONS [35 MARKS]:

(1) Evaluate the situation and identify the best action plans to be taken to overcome the issue. The list of action plans must be at least FOUR (4) and above. [20 marks]

(2) There are THREE (3) types of managers in Project Management. There are a project manager, program manager and portfolio manager. List the differences in a form of table by comparing each type of managers. (Authority, power, decision making and so on). Create a list at least FIVE (5) and above for the comparison. [15 marks]