Use Project Management Concepts –

At times, a project manager must evaluate proposals from identified vendors and make decisions based on the project budget and schedule. It is essential to determine how the organization will determine the best response to the proposal’s individual vendors?IRTC has asked you to evaluate the customer service add-on the vendor offered while still in negotiations for this project. The add-on will cost $25,000 and take an additional 4 weeks to install. Your manager has asked for your opinion. The project is tracking along according to schedule and budget.What do you need to consider before saying yes or no? Prepare a memo for your manager outlining how either decision would affect the project and factors that need to be discussed and agreed to by various stakeholders involved in the project.Assignment Guidelines:In 1,250–1,500 words, address the following:What do you need to consider before accepting or denying the vendor proposal? Explain.How would your decision affect the overall project?Consider budget, schedule, and resources.What stakeholders would need to be involved in this decision-making process? Why?What important factors would need to be discussed and agreed upon by the various stakeholders involved in the project? Explain.Use correctly APA style formatted references of solid academic quality for your resources and use correctly formatted APA style in-text citations to your references to substantiate your information and positions as well as to give credit to other author’s work.Please submit your assignment.For assistance with your assignment, please use your text, Web resources, and all course materials.Scenario:Your company, IRTC Manufacturing Enterprises, is upgrading its legacy billing system. The system was installed originally ten years ago, and has been upgraded according to the vendor’s schedule, each one taking 9-12 weeks in duration with a team of 2 full time employees (FTE’s).IRTC will be doing a major upgrade for the new web-based version of the system, in addition to the mainframe legacy system update. It is anticipated that this upgrade will take 16-20 weeks in duration; however, everyone has agreed that a more formal scheduling process should be completed which may change the duration estimate. The project will involve significant changes to existing business processes, changes to existing jobs, as well as the creation of several new positions. Customers will be able to view and pay their bills on-line, accessing a billing customer service agent when needed. This change, which will affect both the billing and customer service departments, is expected to reduce costs, improve customer satisfaction, and reduce the number of days for outstanding accounts receivable. The existing customer service staff has some proficiency with web applications, but the billing staff does not.To date, the Billing Department has owned the applications, and the director of the department has been the sponsor for all upgrade projects. For this upgrade, however, the chief operations officer has indicated that the Customer Service Department also needs to play a major role. It will be up to you to determine the project sponsor and steering committee structure and participants. You will do this during the initiation phase.You have been chosen to be the project manager; you will be on the project 30 hours a week and your rate is $125 per hour. You have significant experience with the system and have managed previous upgrade projects. You have acted as a business analyst, developer, and tester for projects on this package in the past. You will select your team, which will consist of several IT staff, supplemented by staff from the vendor. You have been told you can have up to 2.5 IRTC FTEs, in addition to yourself, for the duration of the project. (The list of available people is described in the Phase Two task.)The vendor’s role is to be determined by you; their consultants cost $140 an hour for business analysts, $120 an hour for technical architects, $100 an hour for programmers or testers, and $90 an hour for instructional designers, trainers, or technical writers. You have a budget of $100,000 for vendor resources. You may supplement your team with vendors based on the holes in your IRTC team. For example, you may choose to have the vendor provide programmers if you choose not to have any of the internal staff provide programming resources, if your budget permits.You will follow your organization’s standard methodology for a package upgrade. Part of that process includes the development and delivery of documentation and training materials–a responsibility generally filled by the IRTC IT training group. You have access to .5 FTE for the duration of the project to develop and deliver the materials. The person with the most experience on the package and current training/documentation will be unavailable to the project due to other projects; however, the vendor has adequate materials that can be purchased for an additional $6,500. You will need to determine the training needs, analyze the costs associated with each option, and determine the project’s scope.With this version, the vendor also has another software add-on that supports the integration of your existing customer service system with the billing system’s customer service functions. There is not a decision yet as to which customer service system will be used, whether or not they will be integrated, and the extent to which customer databases will be integrated (if at all). According to the vendor, the installation of the add-on will cost $25,000 and take an additional four weeks.
aaaaaaaaaaaaaaaaaaaaaaaa.pdf

Unformatted Attachment Preview

Don't use plagiarized sources. Get Your Custom Essay on
Use Project Management Concepts –
Just from $13/Page
Order Essay

3:25 PM (CST)
Unit 4 ­ Individual Project
Assignment Overview
Go To:
Type: Individual Project
Unit: Project Time, Cost and Scope Management
Due Date: Wed, 12/13/17
Grading Type: Numeric
Points Possible: 115
Points Earned: 0
Deliverable Length: 1,250–1,500 words
Assignment Details
Scenario
Learning Materials
Reading Assignment
My Work:
Online Deliverables: Submissions
Assignment Details
Assignment Description
At times, a project manager must evaluate proposals from identified vendors and make decisions based on the project budget and schedule. It is essential to determine how
the organization will determine the best response to the proposal’s individual vendors?
IRTC has asked you to evaluate the customer service add­on the vendor offered while still in negotiations for this project. The add­on will cost $25,000 and take an additional 4
weeks to install. Your manager has asked for your opinion. The project is tracking along according to schedule and budget.
What do you need to consider before saying yes or no? Prepare a memo for your manager outlining how either decision would affect the project and factors that need to be
discussed and agreed to by various stakeholders involved in the project.
Assignment Guidelines:
In 1,250–1,500 words, address the following:
What do you need to consider before accepting or denying the vendor proposal? Explain.
How would your decision affect the overall project?
Consider budget, schedule, and resources.
What stakeholders would need to be involved in this decision­making process? Why?
What important factors would need to be discussed and agreed upon by the various stakeholders involved in the project? Explain.
Use correctly APA style formatted references of solid academic quality for your resources and use correctly formatted APA style in­text citations to your references to
substantiate your information and positions as well as to give credit to other author’s work.
Please submit your assignment.
For assistance with your assignment, please use your text, Web resources, and all course materials.
Reading Assignment
Larson & Gray; Ch. 7, 8, 9 and 12; A Guide to the Project Management Body of Knowledge (PMBOK® Guide)­Fifth Edition: Ch. 5, 6, and 7“
PMBOK,” is a registered mark of Project Management Institute, Inc.
Assignment Objectives
Explore the use of Earned Value Management (EVM) systems to monitor and control cost and schedule performance.
Apply current estimating, budget planning, and cost controlling methods and tools available to develop the project plan.
Acquire PM planning tools including the WBS, Network Diagramming, Earned Value Management, personnel/team management, and risk assessment and
management.
Develop a project management plan that covers all project Knowledge Areas and Process Groups (initiating, planning, executing, monitoring and controlling and
closing and integration, scope, time management, cost, quality, risk, communications, human resources, procurement and contracting, and stakeholder
management).
Other Information
There is no additional information to display at this time.
Legend
Extra Credit
View Assignment Rubric
Privacy Policy Terms of Use About Our Ads Contact Us
© 2017 Colorado Technical University.
All Rights Reserved. Authorized Users Only.
Privacy Policy Terms of Use About Our Ads Contact Us
© 2017 Colorado Technical University.
All Rights Reserved. Authorized Users Only.

Purchase answer to see full
attachment

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency

Order your essay today and save 15% with the discount code ESSAYHELP