Question: Running Head: Project PROJECT 1 Running Head: Project The project I have chosen is from Training Seminar. The name of the project is Product management.
Running Head: Project PROJECT 1 Running Head: Project The project I have chosen is from Training Seminar. The name of the project is \"Product management\". CUSTOMER'S NEED: \"Product Management\" is a hierarchical lifecycle capacity inside of an organization managing the arranging, determining, and generation, or promoting of an item or items at all phases of the item lifecycle. Additionally, Product Life cycle Management incorporates individuals, information, procedures and business frameworks. It gives item data to organizations and their broadened production network undertaking. While included with the whole item lifecycle, the item administration's principle center is on driving new item advancement. By "Product Development" and Management Association, prevalent and separated new items ones that convey one of a kind advantages and better esteem than the client are the most obvious driver of achievement and item profitability Contingent upon the organization size and history, item administration has an assortment of capacities and parts. Now and again there is an item administrator, and now and then the part of item director is shared by different roles. ASSUMPTIONS: The part might comprise of item improvement and item advertising, which are distinctive yet reciprocal endeavors, with the goal of amplifying deals incomes, piece of the pie, and net revenues. Item administration likewise includes end choices. Item end starts with recognizable proof of disposal hopefuls, continues with the thought of therapeutic activities, proceeds with a projection of the effect on the business all in all if a competitor item is in the end killed, and finishes up with the execution stage, where administration decides the end technique for an item. The item director is regularly in charge of examining economic situations and characterizing elements or elements of an item. The part of item administration traverses numerous exercises from vital to strategic and changes taking into account the authoritative 2 Running Head: Project structure of the organization. To boost the effect and advantages to an association, Product administration must be an autonomous capacity separate all alone.[ CITATION cit \\l 1033 ] SCOPE: Item administration frequently serves a between disciplinary part, connecting crevices inside of the organization between groups of various aptitude, most remarkably between designing focused groups and industrially arranged groups. For instance, item supervisors regularly decipher business destinations set for an item by Marketing or Sales into designing necessities now and then called a Technical Specification. On the other hand they might work to clarify the capacities and impediments of the completed item back to Marketing and Sales some of the time called a Commercial Specification. Item Managers might likewise have one or more straightforward reports who oversee operational assignments and a Change Manager who can supervise new activities. Assembling is partitioned from the exploration work; the item administrator has the obligation to connect the holes if any exist. DELIVERABLES: While included with the whole item lifecycle, the item administration's fundamental center is on driving new item improvement. By Product Development and Management Association, unrivaled and separated new items ones that convey remarkable advantages and better esteem than the client are the most obvious driver of progress and item profitability. Contingent upon the organization size and history, item administration has an assortment of capacities and parts. Some of the time there is an item administrator, and once in a while the part of item supervisor is shared by different roles.[ CITATION jie \\l 1033 ] RESOURCES: Item administration regularly serves a between disciplinary part, crossing over crevices inside of the organization between groups of various skill, most eminently between building focused groups and economically situated groups. For instance, item administrators 3 Running Head: Project regularly interpret business destinations set for an item by Marketing or Sales into designing necessities now and again called a Technical Specification. Then again they might work to clarify the capacities and impediments of the completed item back to Marketing and Sales at times called a Commercial Specification. Item Managers might likewise have one or more straightforward reports who oversee operational undertakings and a Change Manager who can administer new activities. Assembling is independent from the exploration work; the item supervisor has the obligation to connect the holes if any exist. SCHEDULE: Despite the fact that the part of item director varies starting with one organization then onto the next, most item chiefs I know trust they drive the procedure for their items. I assume much of the time they do. Key item chiefs invest energy understanding the business sector and coordinating item exercises toward meeting those exercises. Presidents and different officials don't generally or regularly comprehend this. Along these lines, part of the item supervisor's employment gets to be instructing officials on the vital significance of comprehension the business sector. PRICE: It comes as astonishment that this disarray and vagueness is difficult to comprehend in light of the fact that in the event that you names the principle (esteem making offices in today's associations, you can plainly allot to Sales, "R&D", Operations, and Marketing their separate center capacities and regions of obligation. The center capacity of marketing that separates it from Sales, Operations, and \"R&D\" is the responsibility for Marketing Mix. RISKS: Contingent upon the organization size and history item administration has an assortment of capacities and parts. Some of the time there is an item supervisor, and in some cases the part of item administrator is shared by different parts. In a few organizations, the item administration 4 Running Head: Project capacity is the center point of numerous different exercises around the item. In others, it is one of numerous things that need to happen to offer an item for sale to the public and effectively screen and oversee it in-business sector. BENEFITS: The part of item administration traverses numerous exercises from vital to strategic and differs in view of the authoritative structure of the organization. To augment the effect and advantages to an association, Product administration must be a free capacity separate all alone. While included with the whole item life-cycle, the item administration's primary center is on driving new item improvement. By Product Development and Management Association, unrivaled and separated new items ones that convey one of a kind advantages and better esteem than the client are the most obvious driver of accomplishment and item product.[ CITATION sch \\l 1033 ] 5 Running Head: Project References citeseerx.ist.psu.edu. (n.d.). PRODUCT IDEA SELECTION. Retrieved from citeseerx.ist.psu.edu: http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.130.7712&rep=rep1&type=pdf jiem.org. (n.d.). Product Manangement. Retrieved from www.jiem.org: http://www.jiem.org/index.php/jiem/article/view/334/241 scholarship.sha.cornell.edu. (n.d.). Product Manangement. Retrieved from scholarship.sha.cornell.ed: http://scholarship.sha.cornell.edu/cgi/viewcontent.cgi?article=1529&context=articles 6 SACheck - CSU SafeAssign Plagiarism Check Tool Safeassign Originality Checker IV Natasha King on Thu, Feb 04 2016, 8:20 AM 48% highest match Submission ID: a6843880-9bad-45ec-8e36-b29f8be4391a Unit III Scholarly Activity.docx Word Count: 1,050 Attachment ID: 111497636 48% Citations (12/12) 1. 1 http://www2.cit.cornell.edu/computer/robohelp/cpmm/Phase3_Process_Descriptions.htm Citation is highlighted. Click to remove highlighting 2. 2 https://en.wikipedia.org/wiki/Statement_of_work remove highlighting 3. 3 https://en.wikipedia.org/wiki/Deliverable highlighting 4. 4 Another student's paper Citation is highlighted. Click to Citation is highlighted. Click to remove Citation is highlighted. Click to remove highlighting 5. 5 http://www.leadingagile.com/2014/09/acceptance-criteria/ Click to remove highlighting 6. 6 https://en.wikipedia.org/wiki/Work_breakdown_structure Click to remove highlighting Citation is highlighted. Citation is highlighted. 7. 7 Another student's paper Citation is highlighted. Click to remove highlighting 8. 8 Another student's paper Citation is highlighted. Click to remove highlighting 9. 9 Another student's paper Citation is highlighted. Click to remove highlighting 10.10 Another student's paper Citation is highlighted. Click to remove highlighting 11.11 Another student's paper Citation is highlighted. Click to remove highlighting 12.12 Another student's paper Citation is highlighted. Click to remove highlighting Running head: 1 Project Scope Document 1 Suspected Entry: 71% match Uploaded - Unit III Scholarly Activity.docx Project Scope Document 1 Source - http://www2.cit.cornell.edu/computer/robohelp/cpmm/Phase3_Process_Descriptions.htm properly document the Project Scope Project Scope Document 2 Suspected Entry: 71% match Uploaded - Unit III Scholarly Activity.docx Project Scope Document 2 Source - http://www2.cit.cornell.edu/computer/robohelp/cpmm/Phase3_Process_Descriptions.htm properly document the Project Scope PROJECT SCOPE DOCUMENT Suspected Entry: 84% match Uploaded - Unit III Scholarly Activity.docx PROJECT SCOPE DOCUMENT Source - http://www2.cit.cornell.edu/computer/robohelp/cpmm/Phase3_Process_Descriptions.htm properly document the Project Scope Project scope document Columbia Southern University Natasha N King Feb 4, 2016 A scope statement entails all that should be done to produce the project deliverables and to satisfy the customer. The project scope statement for the project \"Product Management.\" It therefore comprises of the following: CUSTOMER REQUIREMENTS: for a Product Management project, these are the characteristics or say the specifications that must be included in a product for it to meet the desires of a customer. These requirements are of two types, service requirement and output requirement. Service requirements are the intangible aspects of purchasing a given product which a customer anticipates to be met. Its constituent elements are like easy payment, being served with hospitality, ontime delivery and many others. It encompasses all aspects of how a customer expects to be treated while buying a product and how comfortable and smooth the process goes. Here the management has to ensure that these expectations are achieved by pitting all the necessary machinery in place, those geared towards improving and maintain high quality services. Output requirements must always be considered important for a product to meet. These are very important as they are the tangible features that a customer needs satisfied by the product. If a customer is availing a service as a product, various service requirements can take the form of output requirements. For instance, if the customer is hailing a cab, then the on-time arrival becomes an output requirement. For other goods like say electronic gadgets, product specifications like sound clarity, or visual clarity need to be made to have high qualities to meet what the customer really needs. It is also important for the management to keep in mind the three levels of these customer requirements, i.e. must haves, the satisfiers and the delighters. 2 STATEMENT OF WORK (SOW): Suspected Entry: 100% match Uploaded - Unit III Scholarly Activity.docx STATEMENT OF WORK (SOW) Source - https://en.wikipedia.org/wiki/Statement_of_work Statement of Work (SOW) this is a document that should be frequently used in the field of product management and it is mainly used to define the project-specific activities, deliverables and their specific timelines, all these do form a contractual obligation upon the vendor in providing services to the customer. Suspected Entry: 66% match Uploaded - Unit III Scholarly Activity.docx this is a document that should be frequently used in the field of product management and it is mainly used to define the project-specific activities, deliverables and their specific timelines, all these do form a contractual obligation upon the vendor in providing services to the customer Source - https://en.wikipedia.org/wiki/Statement_of_work A Statement of Work (SOW) is a document, routinely employed in the field of project management, which defines project-specific activities, deliverables and their respective timelines, all of which form a contractual obligation upon the vendor, in providing services to the client Also includes the detailed requirements and pricing with standard regulatory and governance terms. Suspected Entry: 85% match Uploaded - Unit III Scholarly Activity.docx Also includes the detailed requirements and pricing with standard regulatory and governance terms Source - https://en.wikipedia.org/wiki/Statement_of_work The SOW typically also includes detailed requirements and pricing, with standard regulatory and governance terms and conditions The following are addressed: The purpose of this project, the scope of the work such that the work to be done and the hardware and software involved, work location such that it where the work is to be performed, location of both hardware and software and even where people would meet to do the work is vividly described. Also has the period of performance which is the specification of time allowed for the project, the start and ending of the project, number of hours that can be billed per week, and all other factors related to scheduling, deliverables schedule, applicable standards acceptance criteria, special requirements, type of contract or payment schedule and other miscellaneous are also considered in the SOW. DELIVERABLES: these are the products to be accomplished for the duration of and the conclusion of a project. 3 This means they are either hard or soft and can be ready to dispatch to the site of the client as partial item of the foreseen supply in the contract. Suspected Entry: 81% match Uploaded - Unit III Scholarly Activity.docx This means they are either hard or soft and can be ready to dispatch to the site of the client as partial item of the foreseen supply in the contract Source - https://en.wikipedia.org/wiki/Deliverable A deliverable is something (hard or soft) that can be ready to dispatch to the site or the Client as partial item of the supply foreseen in the contract 4 A deliverable could also be a report, a document, a server upgrade or any other building block of an overall project. Suspected Entry: 89% match Uploaded - Unit III Scholarly Activity.docx A deliverable could also be a report, a document, a server upgrade or any other building block of an overall project Source - Another student's paper since we know that a deliverable could be a report, a document, a server upgrade or any other building block of an overall project (Cutting T., 2009). 3 In contacted efforts, deliverable is an item specifically required by the documents of contract such as an item on the contract data requirements list or mentioned in the statement of work. Suspected Entry: 88% match Uploaded - Unit III Scholarly Activity.docx In contacted efforts, deliverable is an item specifically required by the documents of contract such as an item on the contract data requirements list or mentioned in the statement of work Source - https://en.wikipedia.org/wiki/Deliverable In contracted efforts, deliverable may refer to an item specifically required by contract documents, such as an item on a Contract Data Requirements List or mentioned in the statement of work ACCEPTANCE CRITERIA: 5 these are the conditions that a product must satisfy to be accepted by the customer or for the case a system level functionality, the consuming system. Suspected Entry: 84% match Uploaded - Unit III Scholarly Activity.docx these are the conditions that a product must satisfy to be accepted by the customer or for the case a system level functionality, the consuming system Source - http://www.leadingagile.com/2014/09/acceptance-criteria/ Acceptance Criteria are the conditions that a software product must satisfy to be accepted by a user, customer, or in the case of system level functionality, the consuming system These are therefore a set of statements, each with a clear pass or fail result that specify both functional and non-functional requirements and are applied as feature, epic or story level. Suspected Entry: 84% match Uploaded - Unit III Scholarly Activity.docx These are therefore a set of statements, each with a clear pass or fail result that specify both functional and non-functional requirements and are applied as feature, epic or story level Source - http://www.leadingagile.com/2014/09/acceptance-criteria/ Acceptance Criteria are a set of statements, each with a clear pass/fail result, that specify both functional and non-functional requirements, and are applicable at the Epic, Feature, and Story Level It contains our \"definition of done\" and for a product to be termed as done, it really has to be well done. There are no partial requirements such that a product either meets the acceptance criteria or it doesn't. 5 It defines when a work item is completed and working as anticipated. Suspected Entry: 63% match Uploaded - Unit III Scholarly Activity.docx It defines when a work item is completed and working as anticipated Source - http://www.leadingagile.com/2014/09/acceptance-criteria/ Acceptance criteria define when a work item is completed and working as expected It therefore must be vividly expressed in simple and comprehensive language that the customer would use without being ambiguous as far as the expected results are concerned. 5 This is meant to set testers up for success since they will be taking our acceptance criteria and translating them into automated test cases to run as part of continuous integration. Suspected Entry: 88% match Uploaded - Unit III Scholarly Activity.docx This is meant to set testers up for success since they will be taking our acceptance criteria and translating them into automated test cases to run as part of continuous integration Source - http://www.leadingagile.com/2014/09/acceptance-criteria/ This sets our testers up for success, since they will be taking our acceptance criteria and translating them into automated test cases to run as part of our continuous integration build It is not advisable to write the acceptance criteria after the development has started as it would lead to merely verifying that the functionality built works rather than verifying that the functionality meets the customers' needs and expectations. Suspected Entry: 67% match Uploaded - Unit III Scholarly Activity.docx It is not advisable to write the acceptance criteria after the development has started as it would lead to merely verifying that the functionality built works rather than verifying that the functionality meets the customers' needs and expectations Source - http://www.leadingagile.com/2014/09/acceptance-criteria/ This leads to merely verifying that the functionality built works rather than verifying that the functionality meets user needs and expectations When written and reviewed before implementation begins, we are more likely to capture the customer intent rather than developing reality. Suspected Entry: 69% match Uploaded - Unit III Scholarly Activity.docx When written and reviewed before implementation begins, we are more likely to capture the customer intent rather than developing reality Source - http://www.leadingagile.com/2014/09/acceptance-criteria/ If we write and review acceptance criteria before implementation begins, we're more likely to capture the customer intent rather than the development reality 6 WORK BREAKDOWN STRUCTURE: Suspected Entry: 100% match Uploaded - Unit III Scholarly Activity.docx WORK BREAKDOWN STRUCTURE Source - https://en.wikipedia.org/wiki/Work_breakdown_structure Work breakdown structure this is simply the hierarchical breakdown of the scope into smaller packages that produce the deliverables. 7 It is deliverable-oriented decomposition of a project into smaller components. Suspected Entry: 93% match Uploaded - Unit III Scholarly Activity.docx It is deliverable-oriented decomposition of a project into smaller components Source - Another student's paper of deliverable-oriented decomposition of a project into smaller components 6 It is a key product deliverable that organizes the team's work into manageable sections. Suspected Entry: 77% match Uploaded - Unit III Scholarly Activity.docx It is a key product deliverable that organizes the team's work into manageable sections Source - https://en.wikipedia.org/wiki/Work_breakdown_structure A work breakdown structure is a key project deliverable that organizes the team's work into manageable sections According to the Project Management Body of Knowledge (PMBK), it is a deliverable oriented hierarchical decomposition of the work to be executed by the project team. Suspected Entry: 76% match Uploaded - Unit III Scholarly Activity.docx According to the Project Management Body of Knowledge (PMBK), it is a deliverable oriented hierarchical decomposition of the work to be executed by the project team Source - https://en.wikipedia.org/wiki/Work_breakdown_structure The Project Management Body of Knowledge (PMBOK) defines the work breakdown structure as a "deliverable oriented hierarchical decomposition of the work to be executed by the project team." 8 This element might be a product, data, service or any other combination thereof. Suspected Entry: 72% match Uploaded - Unit III Scholarly Activity.docx This element might be a product, data, service or any other combination thereof Source - Another student's paper A work breakdown structure element may be a product, data, service, or any combination thereof 9 It also provides the necessary framework for detailed cost approximation and control besides providing guidance for schedule development and control. Suspected Entry: 82% match Uploaded - Unit III Scholarly Activity.docx It also provides the necessary framework for detailed cost approximation and control besides providing guidance for schedule development and control Source - Another student's paper WBS also provides the necessary framework for detailed cost estimating and control with providing guidance for schedule development and control (Booz B. et al., 2011). 10 Work breakdown structure is a hierarchical and incremental decomposition of the project into phases, deliverables and work packages. Suspected Entry: 100% match Uploaded - Unit III Scholarly Activity.docx Work breakdown structure is a hierarchical and incremental decomposition of the project into phases, deliverables and work packages Source - Another student's paper The work breakdown structure is a hierarchical and incremental decomposition of the project into phases, deliverables, and work packages 6 It is a tree structure, which shows a subdivision of the efforts required to achieve an objective, eg a program, project and contract. Suspected Entry: 75% match Uploaded - Unit III Scholarly Activity.docx It is a tree structure, which shows a subdivision of the efforts required to achieve an objective, eg a program, project and contract Source - https://en.wikipedia.org/wiki/Work_breakdown_structure It is a tree structure, which shows a subdivision of effort required to achieve an objective References Booz B., Allen A. and Hamilton H., (2011). 11 Earned value management tutorial module week 2: Suspected Entry: 92% match Uploaded - Unit III Scholarly Activity.docx Earned value management tutorial module week 2 Source - Another student's paper Earned Value Management Tutorial Module 2 6 Work Breakdown Structure. Suspected Entry: 100% match Uploaded - Unit III Scholarly Activity.docx Work Breakdown Structure Source - https://en.wikipedia.org/wiki/Work_breakdown_structure Work breakdown structure 12 Office of science, tools & resources for project management. Suspected Entry: 100% match Uploaded - Unit III Scholarly Activity.docx Office of science, tools & resources for project management Source - Another student's paper Office of Science, Tools & Resources for Project Management Science.energy.gov. Accessed 27, Dec 2011. Cutting T., (2009). Deliverables-based project schedules: part 1. PM Hut (accessed 8 Nov. 2 2009) Statement of Work (SOW) Writing Guide (2007). Suspected Entry: 75% match Uploaded - Unit III Scholarly Activity.docx 2009) Statement of Work (SOW) Writing Guide (2007) Source - https://en.wikipedia.org/wiki/Statement_of_work ^ "Statement of Work (SOW) Writing Guide" Retrieved 5, Oct. 2015. Gido, J., & Clements, J. (2012). Successful project management (5th ed.). Mason, OH: South-Western