compare & contrast project management & scenario planning

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COMPARE & CONTRAST PROJECT MANAGEMENT & SCENARIO PLANNING By Victoria Rock IP2 Individual Project Lillian Lynn MGMT290-1104A-11

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Page 1: Compare & contrast project management & scenario planning

COMPARE & CONTRAST PROJECT

MANAGEMENT & SCENARIO PLANNING

By Victoria RockIP2 Individual Project

Lillian LynnMGMT290-1104A-11

Page 2: Compare & contrast project management & scenario planning

IntroductionProject Based Plannin

g

Scenario Based

Planning

Page 3: Compare & contrast project management & scenario planning

Planning

THE ACTUAL WAY TO PLANPROJECT BASED PLANNING

THE IDEAL WAY TO PLANSCENARIO BASED PLANNING

1.) Define Project Goals

and Objectives

2.) Identify Activities

and Recourses 3.) Establish

Sequences 4.) Estimate Time - Beginning - Ending 5.) Compare with

Objectives 6.) determine

additional resource

requirements (Houghey,D.,

2011)

1.) Specify the scope of the planning

and its time frame 2.) Determine the Question 3.) Gather Background Information 4.) Determine key driving forces - High-level of

Uncertainty - High-level of Influence 5.) Identify Scenarios - Inductive - Deductive 6.) Develop Scenarios using a

Matrix - Include other Driving

Forces - Systems Thinking - Narrative Development - Characters 7.) Agree on Scenarios 8.) Discuss what each means to the Organizations 9.) Discuss Strategies for

Proactively addressing uncertainties in the future of the Organization (Strategic Management,2010)

Designed with end in mind

A consistent view of what the

future might hold

Page 4: Compare & contrast project management & scenario planning

Implications of Managers and Organization

Defining Success

Results and Effects of Job Performance

Outcome of the Task

Page 5: Compare & contrast project management & scenario planning

Both Techniques

Page 6: Compare & contrast project management & scenario planning

Putting The Pieces Together

Matrix

Ask for Feedback

Deadlines

Announce results Define

tasks

Assign tasks

Ability & Training

Challenges

Explanation of job

TrustWHY?

Support

Page 7: Compare & contrast project management & scenario planning

Conclusion

Page 8: Compare & contrast project management & scenario planning

ReferenceAIU Online,(2011), Unit 2 Individual Project Planning, MGMT290-1104A-11, American

InterContinental University, retrieved October 12, 2011, from :http://mycampus.aiu-online.com

Rock,V., (2011), Unit 2 Individual Project Planning, MGMT290-1104A-11, American InterContinental University, retrieved October 15, 2011, from : http://mycampus.aiu-online.com

Robbins,S., & Coulter,M.,(2009), Management, Prentice Hall, Pearson Education, Ch 7-9 (p.142-203), American InterContinental University, eBook, retrieved : October 12, 2011, from: http://mycampus.aiu-online.com

Strategic Management,(2010), Scenario Planning, Internet Center for Management and Business Asministration, Inc. , retrieved: October 13, 2011, from: www.netmba.com/strategy/scenario

Haughey, D.,(2011), Project Planning; A Step by Step Guide, Project Smart CO. UK., retrieved: October 13, 2011, from: www.projectsmart.co.uk/project-planning-step-by-step.html

Lannon, R.(2011), 12 Rules of Delegation for Business Analysts, Business Analyst Times, retrieved October 14,2011, from: www.batimes.com/articles/12-rules-of-delegation-for-business-analysts.html

Creel,R.,(2009), 10 Ways to Delegate more Effectively, Online Organizing, retrieved October

14,2011, from: http://www.onlineorganizing.com/NewslettersArticle.asp?newsletter=go&article=260