DNP 835-Discussion: Business development practices.
DNP 835-Discussion: Business development practices.
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A major national insurer decided to evolve new business development practices. The project to implement this idea started in 2000 and was led by a succession of key senior vice presidents (VPs) as part of their executive growth. Twelve years later, the organization had still not finished with its stated purpose due to changing requirements, new ideas, a succession of leaders, and executive ambivalence. This effort had all the appearance of a major strategic initiative—three hundred people, a ”war room” with a great storyboard, and lots of spokespersons.
Key staff members were quick to extol the great progress made. However, when the new CEO asked, ”Why are we doing this?” there was no coherent answer.
Result:
Within days, the entire program was scrapped. In less than a week, the project offices were vacant and phone calls went unanswered. When the project died, no one noticed except the executives who had been the project advocates. They were out of a job.
For the first part of your post, address the following question:
Analyze the root cause of this situation. There was a huge disconnect between project management and the organizational strategy and strategic direction in this scenario. How could this gap have been bridged?
Then, address one of the following bullets.
Analyze the triple-constraints relationship among a project scope, cost, schedule, and quality. If quality is held constant and the scope is widened, what will happen to the cost and schedule?
Explain a WBS created for a project you have worked on. Did the team refer to the WBS while sequencing work and creating a risk plan? What was the outcome? If not, describe how the team determined tasks and sequencing. Evaluate the outcome. Cite additional challenges to a project that might result from poor work breakdown practices.
The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.
You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.
Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.
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Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.
The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.