For this assignment, students will select a company that they are familiar with either through
direct interactions or via research, and identify one of its new strategies for the upcoming year
(e.g., Sample strategy: “Expand business by purchasing land to build a new store”).
Students will define and describe a project that will help to fully
or partially implement the selected strategy (e.g., Sample project: “Construction Project – Build
the store”). After defining the project, students should develop a work breakdown structure
(WBS) and indicate the project management method that the project team will utilize for
completing each major task and/or work package (agile or traditional). Students need to justify
their selection of the PM method for the corresponding task(s). In addition, students should
provide a list of recommendations that could help with the successful completion of each task
using the assigned PM approach (i.e., best practices for agile and traditional PM). The following
outline can help to organize the analysis:
• Introduction: A brief description of the company and the purpose statement.
• Strategy: A detailed description of the company’s existing strategy or the one devised by
the student.
• Project: A detailed description of the project for fully or partially implementing the above
strategy.
• WBS: Breaking down the above project into tasks and work packages.
• Selection of appropriate PM approaches: Placing tasks/work packages into two categories
of agile and traditional methods.
• Justifying the assigned PM methods
• Recommendations
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