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Analyzing a Business Function – Project Management
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Nofsinger Consulting Services uses Project Management techniques to manage client engagements. One of the primary responsibilities of the engagement project managers is ensuring that the advisory services and associated written deliverables meet the stated functional requirements — the “quality” targets. (The products or services must meet the specifications listed in the contract for consulting services) The project manager for this effort must also ensure that the products / services are delivered according to schedule (“time”) and within the budgeted costs (“cost”). These three factors are called the “project management constraints:”
· Cost
· Quality (meeting requirements)
· Time
Choose the
constraint (“factor”) that you believe should be prioritized when managing a consulting engagement. Write a 3 to 5 paragraph briefing statement in which you identify and then defend your selection. Your statement should address the following items:
1. Provide definitions for each of the constraints
2. Identify your chosen constraint and provide a more detailed description of how this constraint impacts project management (what happens to the other two factors). For example, if you decide that cost is the most important factor, explain the tradeoffs you might need to make with respect to quality and schedule. Or, if you decide that quality is most important (e.g. correct implementation of security controls), explain how that might affect cost and schedule.
3. Provide a closing summary of the importance of project management skills and techniques in the consulting environment.
Provide in-text citations and references for 3 or more authoritative sources. Put the reference list at the end of your article.
Refer to Week 1’s discussion for additional requirements for discussion
