The goal of the Portfolio Project is to develop a project plan to successfully execute a project.
In this option, you will develop, compile, and write important project documents for a service type project with an international component in a company or non-profit organization that you have selected. You must clearly detail the international component of your selected project. It may be that the project is executed in a country other than the United States, or that the supplier is hired from a company headquartered outside the United States. The company or organization can be one that you work for, one with which you are familiar, or one you find through research. The project must be a real project, not yet started, and for delivery of a service. Service projects may include IT software development, healthcare delivery, or fundraising among many others. The project must be a new project that you will plan and must not be an existing project within the organization, nor one you have used in any previous courses in the program. Your instructor will use Turnitin to ensure all work is unique for this section of this course. You must select a project that is complex enough to allow you to demonstrate an understanding of the learning objectives for this course, and that allows you to deliver on all the project management components required in this portfolio project.
The following components must be addressed in your project management plan and must be broken into the following five sections and the associated subsections that follow the project management process groups: Project Initiation; Project Planning; Project Execution, Project Monitoring and Control; and Project Closure. The requirements for each section are as follows:
From Module 1:
• Project Management Plan – including project baselines for scope, schedule, and cost; subsidiary plans for scope management, requirements management, schedule management, cost management, quality management, process improvement management, human resource management, communications management, risk management, procurement management, stakeholder management; other items such as description of how the work will be performed, change management plan, and information on how key management reviews will be conducted.
• Traceability Matrix – including information on project requirements, rationale for inclusion, source, priority, and status.
• Project Scope Statement – including scope description, acceptance criteria, deliverable, exclusions, constraints, or assumptions.
From Module 2:
• Change Requests – including corrective action, preventive action, and defect repair.
• Procurement documents – including contract information for key stakeholders and suppliers, and supplier lists.
• Reference List – prepare a list of at least five current references that you will use in your final Portfolio Project of which two must be current scholarly resources. Scholarly sources are peer reviewed journal articles from the library databases or other academic sources. You must submit your references in APA format. For each reference you must write at least three to four sentences discussing the main points of the source, how the source will be used, and which section of your paper the source will be used. The resource list may not be your final list of references for your final paper but must provide a good start for how you will plan on integrating references into your project plan.
• Project Management Ethics – including PMI expectations.
From Module 4:
• Create WBS – including information on decomposition, and WBS to five levels as shown in the video example in Module 4.
• WBS Dictionary, Activity list, attributes, and milestone list.
• Precedence diagramming method (PDM), dependency determination, task duration, and leads and lags, and critical path method (CPM).
• Project schedule network diagram with critical path, ES, LS, EF, LF, and slack.
From Module 5:
• Rules for cost and performance management – including a discussion of earned value measurement (EVM) techniques.
• Earned Value Management – including three key dimensions for each work package.
• Schedule Forecasts – including purpose and measurement during monitoring and controlling
• Cost estimates – including basis of estimates, vendor bid analysis, cost benefit analysis, and cost of quality.
• Budget – including cost baseline, management reserve, control accounts, contingency reserve, activity contingency reserve, and project funding requirements.
• Procurement – including bidder conferences, proposal Assessment, advertising, seller selection, and agreements.
From Module 6:
• Risk management Overview including analytical techniques used
• Risk breakdown structure.
• Risk categories, probability, and impact matrix.
• Risk categorization, and urgency assessment.
• Risk register with list of risks and potential responses.
• Use of quantitative risk modeling through tornado diagram, decision tree diagram, or cost risk simulation results.
• Strategies for negative and positive risks.
Additionally:
• Stakeholder management – including desired engagement levels for key stakeholders, and engagement assessment matrix.
• Project Closure – Create a project closure report which is summary of the project performance, lessons learned (retrospective), a plan for passing deliverables to the customer, a plan for turning over the project document, and plan for closing vendor contracts and agreements
• Any optional artifacts desired from each module (see optional items)
The project plan must include a 20-30-page essay addressing each of the required components of the paper. You must also include a cover page, references page, and appendices, not included in the page count. The appendices must detail any project management documents (artifacts) necessary to communicate your plan which may include, but are not limited to a WBS, project budget, documentation on assignment of resources, and budget calculations. Your project must be well written, properly referenced, and in conformity with CSU Global Guidelines for APA Style. The paper must be supported by at least 8 quality sources, of which 3 must be current, scholarly resources. For this assignment, current, scholarly sources are peer reviewed journal articles published within the most recent 3 years and accessed from the library databases or other academic sources. Textbooks will not count toward peer reviewed requirements but may be used as quality sources if published within the most recent 3 years. The use of the PMBOK ® Guide as a quality source is strongly suggested. The PMBOK ® Guide is not a scholarly resource.
