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Question 4 Part A Prompt:  You are a mid-level IT professional in a publicly held, mid-sized information technology (IT) company that faces increasing competition and declining market share. Your leadership team, including you as the Chief Technology Officer and Product Manager, is considering these three strategic options to address your business challenge:   * Option A: Invest heavily in internally funded research and development to develop innovative new IT products. This is a high risk, potentially high payoff (or bust) option. * Option B: Acquire a smaller competitor to expand market share and product offerings. This is a medium-risk, medium-payoff option. * Option C: Focus on cost reduction and operational efficiency to improve profitability. This is a relative low-risk, yet low-payoff alternative.   Question:  First for 6 points, Analyze the Pros and Cons that evolve from Internal and External Analyses by your strategic project initiation and planning team (ref https://onstrategyhq.com/resources/internal-and-external-analysis/ :    (Consider factors such as financial impact, market position, employee morale, customer satisfaction, plus POLDAT.)   Then for 4 points, Recommend a Strategic Course of Action (CoA) for this project initiation:    Justify (in bullet format or short sentences) your recommendation with key, specific evidence, and arguments.       Additional Tips: Demonstrate your critical thinking and problem-solving skills and communicate them effectively to your reviewer. Make your response clear and concise in writing style with proper grammar and punctuation.  

Prompt: Susy, a mid-level software engineer, is working on a self-driving car project for her business. In her project work, she discovers a critical flaw in the car’s current software that could potentially lead to serious accidents.  This young engineer reports the safety issue to her supervisor. However, her project supervisor is under internal stakeholder pressure to meet a tight project deadline. This supervisor dismisses the software issue as minor and orders Susy to continue with the project.   Stakeholders Question:  List the primary internal and external stakeholders involved in this situation and briefly describe their potential concerns (bullet points are acceptable.)       Additional Considerations: The severity of the potential accidents (e.g., property damage, injuries, fatalities) The company’s reputation and financial implications The engineer’s job security and career prospects Corporate or societal ethical guidelines  Professional codes of conduct that might be relevant to this situation. Consider long-term implications of their decisions and trade-offs involved. Rubric Demonstrate in writing your understanding of ethical principles, an ability to identify stakeholders and their interests, and their capacity to make sound ethical judgments.  

Prompt: Susy, a mid-level software engineer, is working on a self-driving car project for her business. In her project work, she discovers a critical flaw in the car’s current software that could potentially lead to serious accidents.  This young engineer reports the safety issue to her supervisor. However, her project supervisor is under internal stakeholder pressure to meet a tight project deadline. This supervisor dismisses the software issue as minor and orders Susy to continue with the project.   Stakeholders Question:  List the primary internal and external stakeholders involved in this situation and briefly describe their potential concerns (bullet points are acceptable.)       Additional Considerations: The severity of the potential accidents (e.g., property damage, injuries, fatalities) The company’s reputation and financial implications The engineer’s job security and career prospects Corporate or societal ethical guidelines  Professional codes of conduct that might be relevant to this situation. Consider long-term implications of their decisions and trade-offs involved. Rubric Demonstrate in writing your understanding of ethical principles, an ability to identify stakeholders and their interests, and their capacity to make sound ethical judgments.  

Question 4 Part C: Prompt: Critically review this article from pmi.org in the context of Decision-making for Programs and Projects [10 points]:  https://www.pmi.org/learning/library/ten-laws-project-management-literature-6968Links to an external site. After choosing your two (2) of these classic commandments.  Question: Defend or challenge the relevance of each law for the Agile Methodology and mindset.     

Prompt: Susy, a mid-level software engineer, is working on a self-driving car project for her business. In her project work, she discovers a critical flaw in the car’s current software that could potentially lead to serious accidents.  This young engineer reports the safety issue to her supervisor. However, her project supervisor is under internal stakeholder pressure to meet a tight project deadline. This supervisor dismisses the software issue as minor and orders Susy to continue with the project.   Course of Action Question: Propose action steps for Susy that you believe would be ethically sound. Justify your choice, considering the potential consequences for all stakeholders for the near-term and longterm.

Prompt: Susy, a mid-level software engineer, is working on a self-driving car project for her business. In her project work, she discovers a critical flaw in the car’s current software that could potentially lead to serious accidents.  This young engineer reports the safety issue to her supervisor. However, her project supervisor is under internal stakeholder pressure to meet a tight project deadline. This supervisor dismisses the software issue as minor and orders Susy to continue with the project.   Course of Action Question: Propose action steps for Susy that you believe would be ethically sound. Justify your choice, considering the potential consequences for all stakeholders for the near-term and longterm.

Question 2E Prompt: You will lead a project to implement a new customer relationship management (CRM) system for your mid-size company with commercial clients as external stakeholders. Your task is to highlight (in terse, bullet format)  financial KPIs elements of your DRAFT detailed project plan. Reference: https://www.projectmanagement.com/wikis/345150/key-performance-indicators#5  Question:  List three (3) Financial key performance indicators (KPIs) to measure your project progress.     

Question 3 Part B   Prompt:    *  Using a Risk Register template, the PMBoK and your experience – answer this question:  Reference: https://www.projectmanager.com/templates/risk-tracking-template   Question: What are three (3) key benefits of using a Project Risk Register for your IT project?    

Question 3 Part D Prompt: Whether or not you are a certified Lean Six Sigma professional, your organization and stakeholders want to reduce process/product defects and variability to increase quality and efficiency in this IT service contract. Using the PMBoK and your classroom experience – answer this Lean Six Sigma question:    Question: Name three (3) causes of variation in a statistical project process:  

Question 2E Prompt: You will lead a project to implement a new customer relationship management (CRM) system for your mid-size company with commercial clients as external stakeholders. Your task is to highlight (in terse, bullet format)  financial KPIs elements of your DRAFT detailed project plan. Reference: https://www.projectmanagement.com/wikis/345150/key-performance-indicators#5  Question:  List three (3) Financial key performance indicators (KPIs) to measure your project progress.