Week 7 Discussion AssignmentLocked after Sunday,
Week 7 Discussion Assignment
Locked after Sunday, July 9, 2017 11:59 PM EDT. Must post first.
Assignment: Discussion Activity (8%)
The section is to collectively decide the criteria that, taken as a whole at week end, define a "project."
The section will discuss sound project and portfolio selection criteria.
Each student will also succinctly describe an example of a project in which he or she has participated and
indicate how this project exhibits his or her criteria for a project.You may find that the examples in Schwalbe
(2015) serve to recall projects to you.
Next, you should address whether DMBA 620 is a project for you.
FYI: Here is the definition of a project taken from the Project Management Institute's1 Guide to the Project
Management Body of Knowledge (PMBOK) (5th Edition, 2013) PMBOK is posted as an eReserve:
"A project is a temporary endeavor undertaken to create a unique product, service or result."
So, by this definition, is your DMBA 620 an example of a project?
What opportunity costs must be considered in project selection?
What other criteria would be important in project selection?
The seminar certainly is a temporary endeavor with a beginning and an end. But is it creating something
unique? You might answer these questions as you define what a project means to you -- and thereafter comment
constructively on others' definitions/project criteria.
You might also think about, and discuss, why it matters whether something is a project, or not.
Please provide at least one example of a project from your own work or other life experience.
You should also discuss project and portfolio selection criteria.