Question: Group Project for PROJ 600 Each team will be responsible for selecting an interesting project to work on this semester. If your company has some

Group Project for PROJ 600

Each team will be responsible for selecting an interesting project to work on this semester. If your company has some

on-going projects, you are strongly suggested to share the information with class. If

you dont have any real project experience, here are some examples

for your consideration:

(1) Arrange a two-day HBCU Blockchain workshop (or could be any other business workshop /summit/

conference)

You will be helping the business school to arrange a three-day HBCU Blockchain workshop on May 15-16,

2020. You have been approved for a budget of $30,000. Today is Monday, March 9, 2020. Overall, you

have 2 months on planning this project. You will have to decide the venue, the workshop agenda, the

guest speakers, participators, transportation, food, and other necessities for arranging a workshop.

(2) Provide food service in the new business building.

We are excited about the brand new and very fancy building of our business school. But there are only

several vending machines located on the first floor in the new building. We cant find any quality food

services on site. There are various ideas on the food service. For example, we could have a food

booth/stand in the new building serving hot dogs, sandwiches, soup, and other cold/hot fast food. Or we

could start a new branch of Taco Bell or Chick-fil-a. Serving as representatives of business school students,

PROJ 600 class will do researches and prepare a proposal for quality food service to be provided in the

new building. The proposal will be submitted to the dean of business school by Dec 8, 2019. In the

proposal, you will utilize all the collected and analyzed information to convince the dean to accept your

plan and start a new quality food service in the new building. You may also include an estimated budget

and expected benefit in the proposal.

Once you select a project, your group will

1) Establish the project objectives, and make a list of your assumptions about the project;

2) Develop a work breakdown structure;

3) Prepare a list of the specific activities that need to be performed to accomplish the project objective;

4) For each activity, assign the person who will be responsible;

5) Create a network diagram that shows the sequence and dependent relationships of all the activities;

6) Estimate the duration for each activity;

7) Using a project start time of 0 (today or as you desire) and a required project deadline of

XX/XX/XXXX (depending on your project deadline or your assumption) calculate the ES, EF, LS, and

LF times and total slack for each activity. If your calculations result in a project schedule with

negative total slack, revise the project scope and activity estimated durations to arrive at an

acceptable baseline schedule for completing the project by the project deadline.

8) Determine the critical path;

9) Use the software to produce a bar chart (Gantt Chart) based on the schedule in item (7).

10) Use the responsibility assignments you made in item (4) and the baseline schedule you developed in

items (7-8) to develop a resource requirements table (similar to Figure 6.3), for each resource,

based on as-soon-as-possible (ASAP) schedule.

11) Estimate the cost for each activity using the schedule in items (7-8);

12) Determine the total budgeted cost for the project;

13) Prepare a budgeted cost by period table (similar to Figure 7.5) and a cumulative budgeted cost (CBC)

curve (similar to Figure 7.6) for the project;

14) Identify at least four risks that could jeopardize the project;

15) Create a risk assessment matrix including a response plan for each of the risks.

If some teams have to share a project that has been completed,

they are still required to include all

those questions listed above (i.e., how did your project team plan once you started the project

that time)

; besides, several post-questions will be answered (you can ignore the following questions

if you are working on an on-going project):

16) What are the ways you obtained feedback from a customer (guest)?

17) Did your team satisfy the customers (your guests)? Why or why not?

18) List the several lessons learned for this project. How will these lessons help your future projects?

(1) Arrange a two-day HBCU Blockchain workshop (or could be any other business workshop /summit/

conference)

You will be helping the business school to arrange a three-day HBCU Blockchain workshop on May 15-16,

2020. You have been approved for a budget of $30,000. Today is Monday, March 9, 2020. Overall, you

have 2 months on planning this project. You will have to decide the venue, the workshop agenda, the

guest speakers, participators, transportation, food, and other necessities for arranging a workshop.

(2) Provide food service in the new business building.

We are excited about the brand new and very fancy building of our business school. But there are only

several vending machines located on the first floor in the new building. We cant find any quality food

services on site. There are various ideas on the food service. For example, we could have a food

booth/stand in the new building serving hot dogs, sandwiches, soup, and other cold/hot fast food. Or we

could start a new branch of Taco Bell or Chick-fil-a. Serving as representatives of business school students,

PROJ 600 class will do researches and prepare a proposal for quality food service to be provided in the

new building. The proposal will be submitted to the dean of business school by Dec 8, 2019. In the

proposal, you will utilize all the collected and analyzed information to convince the dean to accept your

plan and start a new quality food service in the new building. You may also include an estimated budget

and expected benefit in the proposal.

Once you select a project, your group will

1) Establish the project objectives, and make a list of your assumptions about the project;

2) Develop a work breakdown structure;

3) Prepare a list of the specific activities that need to be performed to accomplish the project objective;

4) For each activity, assign the person who will be responsible;

5) Create a network diagram that shows the sequence and dependent relationships of all the activities;

6) Estimate the duration for each activity;

7) Using a project start time of 0 (today or as you desire) and a required project deadline of

XX/XX/XXXX (depending on your project deadline or your assumption) calculate the ES, EF, LS, and

LF times and total slack for each activity. If your calculations result in a project schedule with

negative total slack, revise the project scope and activity estimated durations to arrive at an

acceptable baseline schedule for completing the project by the project deadline.

8) Determine the critical path;

9) Use the software to produce a bar chart (Gantt Chart) based on the schedule in item (7).

10) Use the responsibility assignments you made in item (4) and the baseline schedule you developed in

items (7-8) to develop a resource requirements table (similar to Figure 6.3), for each resource,

based on as-soon-as-possible (ASAP) schedule.

11) Estimate the cost for each activity using the schedule in items (7-8);

12) Determine the total budgeted cost for the project;

13) Prepare a budgeted cost by period table (similar to Figure 7.5) and a cumulative budgeted cost (CBC)

curve (similar to Figure 7.6) for the project;

14) Identify at least four risks that could jeopardize the project;

15) Create a risk assessment matrix including a response plan for each of the risks.

If some teams have to share a project that has been completed,

they are still required to include all

those questions listed above (i.e., how did your project team plan once you started the project

that time)

; besides, several post-questions will be answered (you can ignore the following questions

if you are working on an on-going project):

16) What are the ways you obtained feedback from a customer (guest)?

17) Did your team satisfy the customers (your guests)? Why or why not?

18) List the several lessons learned for this project. How will these lessons help your future projects?

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