The purpose of the Portfolio Project is to synthesize current research in project management and make recommendations for how the knowledge can be applied in an organization. The Final Project is structured to help you demonstrate an understanding of the course material as well as the implications of new knowledge gained from outside research.
For your Portfolio Project, read the case study "Let's Go All the Way", Case Studies in Project, Program, and Organizational Project Management. Based on the case study, you will write a proposal and analysis of the Global Infrastructure Group (GIG) situation. When writing the proposal, assume the role of a highly regarded project management consultant hired to review, analyze, and advise GIG on the necessary requirements for a comprehensive project management system that can be used in a global organization that has small-, medium-, and large-scale projects. Your proposal should address the following:
• Discuss the principal components of a project management system for a large-scale organization. At a minimum, your discussion should include:
• Project Selection
• Prioritizing Projects
• Project Organization
• Program Management
• Planning and Scheduling
• Estimating Cost
• Monitoring and Controlling
• Communication, Metrics, and Project Updates
• Risk Management
• Role of Information Technology
• Discuss your recommendations for how Global Infrastructure Group can use project management principles to meet their goal of improving efficiency and empowering management to make better and informed decisions through the use of processes, tools, and standards in completing projects.
• Discuss how an effective project management system contributes to organizational effectiveness.
• Discuss the optimal role and level of involvement the project management office should have in managing small-, medium-, and large-scale projects across the organization.
• Finally, present your strategy on how GIG can share best practices across the organization.