PROJ 410 DEVRY ENTIRE COURSE,PROJ 410 DEVRY ENTIRE CLASS,PROJ 410 DEVRY TUTORIAL,PROJ 410 DEVRY ASSIGNMENT Flashcards

1
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DEVRY PROJ 410 Entire Course

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PROJ 410 Week 1 DQ 1
PROJ 410 Week 1 DQ 2
PROJ 410 Week 2 DQ 1
PROJ 410 Week 2 DQ 2
PROJ 410 Week 3 Case Study
PROJ 410 Week 3 DQ 1
PROJ 410 Week 3 DQ 2
PROJ 410 Week 4 DQ 1
PROJ 410 Week 4 DQ 2
PROJ 410 Week 4 Midterm
PROJ 410 Week 5 Case Study Do it Yourself Outsourcing
PROJ 410 Week 5 DQ 1
PROJ 410 Week 5 DQ 2
PROJ 410 Week 6 DQ 1
PROJ 410 Week 6 DQ 2
PROJ 410 Week 7 Case Study
PROJ 410 Week 7 DQ 1
PROJ 410 Week 7 DQ 2
PROJ 410 Week 8 Final Exam (2 Papers)
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2
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DEVRY PROJ 410 Week 1 DQ 1

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There are many reasons to pursue business process outsourcing and project procurement, including flexibility, improving methodologies, and increasing productivity. Taking into consideration budget, scope, schedule, and risk, what are some of the other reasons to contract part or all of a project or business process? What are some of the drawbacks to outsourcing? Again, consider this question from the budget, scope, schedule, and risk standpoint. Please remember to answer all components of the question.
What is Business Process Outsourcing?
What are the common areas that business process would outsource to other companies or organizations?
What are the common reasons for outsourcing business processes?
What are the benefits of outsourcing processes?
What are key components in the project procurement management process?
Do you feel that the adequate selection of a contract structure, based on the circumstances in place at the time, can help you limit your risk?
Organizations want everything for less! Is this because they have to make a profit? We’ve talked about qualifications, fees, price, quality, etc. What about profit? What role does it play? Is it always good for the company to pay least price for contract job or product procurement?
As a private entity, do you feel government regulations are good in promoting fairness and the selection of the best vendor, or are they an overkill (or simply inadequate)?
What is Make-or-Buy Analysis? Can you give an example of Make-or-Buy Analysis?
What are the advantages of making products in house and outsourcing product manufacturing to another company?
What is plan procurement process?

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3
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DEVRY PROJ 410 Week 1 DQ 2

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A project manager and a contract manager are both needed to administer a procured project or process. If you were the project manager, how would you work with a contract manager to ensure a successful procurement? In answering this question, consider such issues as, at what point you would want to get the contract manager involved in the project, what areas of the contract you would want to be his or her responsibility, how much and what types of communication you would want the seller (i.e., the contracted firm) to have with the contract manager, and who would handle conflicts that might arise with costs, schedules, or scope. Please remember to answer all components of the question.
What are the differences between the project manager and contract manager?
What knowledge should a project manager have and what knowledge should a contract manager have to perform the jobs?
What do you think about hiring a project manager (PM)?
What steps might you take to find the right contractor and project manager?
Price used to be the main object, now we want a “buy best value” concept where price is just one factor. We also look at past performance, management, etc. What examples do you have about the way you contract your work?

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4
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DEVRY PROJ 410 Week 2 DQ 1

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Assume that you have made the final payment on a one-acre residential lot that you purchased years ago to build your retirement home. You are now ready to build your dream home. This will be your ongoing project for the next couple of years. Which contract structure (fixed price, unit price, reimbursable) do you think that you would use to proceed with your project? Explain your choice.
What are the four basic contract pricing options?
What are five options of cost reimbursable contracts?
In what situation a company is best to use a unit price contract? In what situation, a company is best to use cost-plus-percentage-fee contract?
What are the differences among a fixed price contract, a time and materials contract, and a reimbursable contract in terms of how well defined a BPO contract needs to be relative to price, scope and schedule prior to the commencement of any work/services?

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5
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DEVRY PROJ 410 Week 2 DQ 2

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What are the differences among a fixed-price contract, a time-and-materials contract, and a reimbursable contract in terms of how well defined a contract needs to be relative to price, scope, and schedule prior to the commencement of any work? How much control over the project scope, price, and schedule should the contractor have under each contract type?

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6
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DEVRY PROJ 410 Week 3 Case Study

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PROJ 410 Week 3 Case Study

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7
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DEVRY PROJ 410 Week 3 DQ 1

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Consider again the dream retirement home that you were building as part of the Week 2 Discussion. Assume that you are working on the request for a proposal to be bid on by some local general contractors. Using the outline of the RFP sections discussed this week, what are some specific questions or areas of detail that you would put in your RFP? What are some ways that you’d tailor your RFP to make sure that you knew if the local general contractor whom you choose will meet all of your success criteria?

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8
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DEVRY PROJ 410 Week 3 DQ 2

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It is very common to find buyers who fail to identify the RFP evaluation criteria during the project procurement planning process, and in fact, do not define the evaluation criteria until after proposals have been received and the evaluation process is set to begin. What do you think is the risk of waiting until bids have been received to establish the evaluation criteria to be used to select a preferred contractor?

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9
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DEVRY PROJ 410 Week 4 DQ 1

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The formulation of evaluation criteria has long-lasting implications throughout the life cycle of a contract. The result should be picking the right seller for the contract. In fact, the development of evaluation criteria has often been debated to be one aspect of contract procurement that needs to be closely coordinated with both the contract administrator and project manager. What are your thoughts on the role that the contract manager should have in the development of evaluation criteria? What about the project manager? Who else should be involved in establishing and applying the evaluation criteria?

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10
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DEVRY PROJ 410 Week 4 DQ 2

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How do you go about defining the proper duration for a bid procurement? Consider the time that it takes to plan for the procurement, draft an RFI and/or RFP, receive responses, and make a decision. What could you do if you needed to fast track this bid duration?

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11
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DEVRY PROJ 410 Week 4 Midterm

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PROJ 410 Week 4 Midterm

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12
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DEVRY PROJ 410 Week 5 Case Study Do it Yourself Outsourcing

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PROJ 410 Week 5 Case Study Do it Yourself Outsourcing

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13
Q

DEVRY PROJ 410 Week 5 DQ 1

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As your textbook indicated, business process outsourcing has become an emerging trend in most small- and large-size corporations. This has been particularly true during the last year and a half, as many companies have turned to outsourcing in order to reduce overhead costs during these recessionary times. Identify some companies with which you have been personally associated, or companies that you have read about which have gone through the outsourcing process for some of their business operations. How did affected employees react to the outsource process?

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14
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DEVRY PROJ 410 Week 5 DQ 2

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For most industries, globalization is arguably one of the more common business trends of the last decade. As your text indicates, there are several considerations that must be evaluated from a contracting standpoint relative to multi-nation operations and contracting agreements. Let’s take the various contracting considerations presented in your text (and outlined in this week’s slides), and discuss how they can affect U.S.-based firms seeking a BPO or subcontracting agreement with a foreign company on a region-by-region basis, including: Canada, Europe, Asia, South/Central America, Canada, and Mexico. Based on your understanding and/or experiences in these other regions of the world, what do you think are contracting considerations that should be considered and addressed in the BPO contract?

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15
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DEVRY PROJ 410 Week 6 DQ 1

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Conflict resolution and conflict management are common day-to-day activities in most projects and office environments. As a group, let’s identify the Top 5 sources of conflict in a BPO agreement for project management services. Let’s identify one source at a time, and discuss whether or not each of you feels that it ranks in the Top 5 sources of conflict. As I read your exchanges, I will make a determination as to whether or not enough evidence has been provided to justify its inclusion into our Top 5 list.

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16
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DEVRY PROJ 410 Week 6 DQ 2

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There are several ways to benchmark. The two most common benchmarking tools are performance benchmarking and best-practice benchmarking. Consider a nationwide bank that has contracted with a seller to assess its current staffing and facility locations. The goal of the contract is for the seller to produce a strategic plan that creates cost efficiencies for the bank by recommending (and implementing) areas to consolidate among staff and facilities. (One recommendation may be to close down a bank branch that is located within three miles of another bank branch.) This is a long-term contract stretched out over five years. If you were the project manager in the bank, to what benchmarks would you compare your seller? Are they performance benchmarks or best-practice benchmarks?

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17
Q

DEVRY PROJ 410 Week 7 Case Study

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PROJ 410 Week 7 Case Study

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18
Q

DEVRY PROJ 410 Week 7 DQ 1

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More often than not, it is more desirable to renegotiate a contract than to terminate one. What do you think may be some of the effects of a contract termination from the buyer’s perspective? What about from the seller’s perspective?
Termination of a BPO contract will cause each of the parties to incur additional costs. The question to ask would be if the additional cost outweigh the risk or cost of not terminating and How much are the costs and can they be mitigated. Examples of such costs may include additional fees to the vendor for providing termination services, such as maintaining parallel environments and training of customer employees.

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19
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DEVRY PROJ 410 Week 7 DQ 2

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One of the most frustrating aspects of contract management to customers/clients is the length of time that it commonly takes to close out a project (from an administrative standpoint) after most or all of the contract scope of work has been completed. The closeout is the fourth phase in the generic project life cycle where all outstanding contractual issues are completed and documented in preparation for turning over the product or service to the customer. What are some of the activities that need to be performed as part of the contract closeout functions? What do you think are some of the factors that cause such a length in delay in the closure of the project/contract?

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20
Q

DEVRY PROJ 410 Week 8 Final Exam

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PROJ 410 Week 8 Final Exam

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