Question.4582 - Review: Based on what you learned from Chapter 3, answer the questions and then review your answers in the Appendix D.***** Optional practice questions. *****Discuss current project and resource commitments. What key information was missing?Discuss current project and resource commitments. 2. Discuss what actions need to be taken to absorb the ATM program—think program and PMMM.Homework: Answer “WHY” to the above questions and then answer the questions below.Think differently, not what the challenges were, but why there were challenges, not what things can be done to address issues, but why it was essential to address those issues, and finally, why the strategy was developed.WHY? For the three questions above, submit your understanding of “Why” they were answered the way they were or the importance of the questions.Without implementing a formal project Portfolio management function, describe the process one might take to accumulate this information.Discuss how one might identify the delta between what resources are available and what resources are required.Discuss why it would be important for the organization to know how well their project management function was operating.
Answer Below:
Case xxxxx - xxx Implementation xxxxxxx Portfolio xxxxxxxxxxxxxx - xxxx Study x ATM xxxxxxxxxxxxxx Project xxxxxxxxx Management xxxxxxx projects xxxx underway xx the xxxx simultaneously xxxxxxxxxxx studies xxxxxxxxxxxx tenders xxxxxxxxxx IT xxxxxxxx and xxxxxxxx projects xxx IT xxxxx were xxx busy xxx organization xxx visibility xx whom xxxxxxxxx were xxxxxxxx but xxxxxx visibility xxxx the xxxxxxxxxx the xxxxxx possessed xx the xxxxxxxxx themselves xxxxxx There xxx however xx linkage xxxxxxx the xxxxxxxx in xxxx and xxx strategic xxxxx of xxx bank xx was xxxx painted xx a xxxxxxxxxx view xx execution xxxxxxx where xxxx was xxxxx on xxxx might xx might xxx achieve xxxxxxxx objectives xx have xxx right xxxxxxx structure xx enable xxxxxxx With xxx construction xx and xxxxxxxxxxx companies xx well xx training xxxxxxxxx operating xx full xxxx there xxxx still xxxxxx projects xxxxxx IT xxx software xxxxxxxx are xxxxxxxx with xxx in xxxxxxxx upgrades xxx more xxxxxxx for xxxxx turn xxx IT xxxxxxxxx were xx their xxxxxx and xxxxx was xx system xx gauge xxxxxxx or xxx the xxxxxxxx were xxxxxxx any xxxxxxxxx objectives xxxxxxxxxxx were xxxxx made xxxxx on xxxxxxxxx requests xxxxxxx of xxxxxxxxx priorities xxxxxx The xxxx governance xxx a xxxxx reason xxx poor xxxxxxxx planning xxxxxxxxx on xxxxxxx and xxxx impossibility xx switching xx newer xxxxxxxxx opportunities xxxx as xxxxxxxxxxxx ATMs xx absorb xxx ATM xxxxxxx without xxxx the xxxxxxxxxxxx should xxxx streamlined xxx projects xxxx key xxxxxxxxxx and xxxxxxxxx or xxxxxxxx unnecessary xxxxxxxx it xxxx had xx create xxxxxxxxxx of xxxxxxx governance xxxx transfer xxxxxxxxxxx competent xx staff xxx then xxxxxxx the xxxxxxxxxxxxxx to xxxxxxx increased xxxx loads xxxxxxxx PMMM xxxxxxxxxx the xxxxxxxxxxxx has xx go xxxxxx beyond xxxxxx processes xxxxx - xxxx a xxxxxxxxxx program xxxxxxxxxx level xxxxxx One xxxxxx of xxxx maturity xx the xxxxxxxxxxxxxxx of xxxxxxxxx improvement xx internal xxxxxxxxxxxxxx and xxxxxxxxxxxxx of xxxxxxxxx mechanisms xxxxxxxx alignment xxxx mitigation xxx accountability xxx challenges xxxx as x result xx not xxxxxx formal xxxxxxx portfolio xxxxxxxxxx so xxxx projects xxxx set xx without xxxxxxxx assessment xxxxxxxxx alignment xx ensuring xxxx resources xxxx ready xxxxxxxxx it xxxxxx overlapping xxxxxxx confusion xx priorities xxx uncoordinated xxxxxxxxxx of xxxxxxxxx The xxxxxxxxxxxx hasn't xxxxxxxxx any xxxxxxxxx of xxxxxxx projects xx terms xx value xxxxxxxx nor xxxxxxx the xxxxxxxxxx that xxxx to xx present xx the xxxxxxxxx It xxxxxx the xxxxxx of xxxxxxxx that xxxx the xxxx true xxxxxxx but xxx fact xxxx there xxxxxx centralized xxxxxxxxxx and xxxxxxxxx to xxxxxx them xxxxxxxxxxxxx and xxxxxxxxxxxx at x time xxxx the xxxxxxxxxxxx faced xxx very xxxxx major xxxxxxxxxx initiative xxxxxxxxx the xxxxxxx was xxxxxxx for xxx successful xxxxxxxxxxxxxx of xxx initiatives xxxx the xxxxxxxxxxxx had xxxxx tackled xxxxxx Without xxxxxxxxx the xxxxxxxxxxxxx in xxxxxxxxx and xxxxxxxxxx gaps xxx bank xxxxx face xxx risk xx implementation xxxxxxx and xxxxxx investments xxxxxxx complicating xxx risk xx reputational xxxxxx Closing xxxx gaps xxxxxxxx opportunities xxx prioritization xx high-value xxxxxxxxxxx with xxxxxxx improvements xxxxxxxxxx of xxxxxxxx strategic xxxxxxxxxx allocate xxxxxxx resource xxxxxxxxxxx effectively xxxxxxxx risk xxx see xxx realization xx benefits xxx failure xx address xxxx issues xxxxx cripple xxx ability xx the xxxx to xxxxxxxx and xxxxxx competitively xx maximize xxxxxxx enhance xxxxxxxx service xxx modernize xxxxxxxxxx a xxxxxxxx focused xx ATM xxxxxxxxxx rather xxxx physical xxxxxxxxx Unlike xxxxxx new xxxxxxxxx ATMs xxxxxxx scalable xxx less xxxxxxxxx solutions xx tune xxxx digital xxxxxxx trends xxx strategic xxxxx signified xxxxxxxxxxxxxx of xxxxxxxx consumer xxxxxxxxxxxx competitive xxxxxxxxx and xxxxxxxxxxx constraints xx was xxx more xxxx adopting xxxxxxxxxx it xxx all xxxxx changing xxx services xxxx delivered xx the xxxxx how xxx the xxxx going xx position xxxxxx as x market xxxxxx while xxxxxx sound xxxxxxx decisions xxx preparing xxxxxx for xxxxxx In xxxx absence xx formal xxx one xxx begin xxxx project xxxxxxxxx audits-gathering xxxxxxxx by xxxxxxxxxx heads xx live xxx pending xxxxxxxx resource xxxxxxxxxxx budgets xxxxxxxxx and xxxxxxxxxxxx A xxxxxxxxxxxx template xxx be xxxx to xxxxxx uniformity xxxxxxxxxx and xxxxxxxxx would xxxxxx dependencies xxx strategic xxxxxxxxx This xxxxxxxxxxx can xxx be xxxxxxxxx into x centralized xxxxxxxxxxx or x simple xxxx for xxxxxxxxxx The xxxxxxxx of xxx informal xxxxxxxxx is xx will xxxxxxxxxxx reveal xxxxxxxx overlaps xxx misalignments xxxxx as xxxx as xxxxxxxx capacity xxxxxxxxxxx creating x good xxxxx for xxxxxxxx project xxxxxxxxxxxxxxx In xxx first xxxx for xxxxxxxx delta xxxxxxxxxxxxxx existing xxxxxxxxx must xx cataloged xxxx roles xxxxxx and xxxxxxx workloads xxx next xxxx should xx to xxxxxx the xxxxxxxxxxxx for xxx upcoming xxxxxxx what xxxxxx how xxxx people xxx for xxx long xxx resource xxxxxx can xxxx be xxxxxx against xxx resource xxxxxxxxxxxx to xxxxxxxx any xxxx in xxxxxx amounts xxx availability xxxxxx The xxxxx analysis xxxx be xxxx to xxxxxx whether xx hire xxxxxxxxxx train xx outsource x simple xxxxxxxxxxxxxxxxx matrix xx workload xxxxxxx can xxx in xxxx even xxxxxxx formal xxxxx Knowing xxxxxxx how xxx project xxxxxxxxxx function xxxxx is xxxxx for xxxxxxxx its xxxxxx operations xxxx management xxx strategic xxxxxxxxx It xxxxx an xxxxxxxxxxxx a xxxxxx to xxxxxxx the xxxxxx delivery xx projects xxxxxx budgets xxx with xxxxxxxx It xxxx spots xxxxxxxxxxxxx process xxxxxxxxxxxx and xxxxxxx needing xxxxxxxxxxx Such xxxxxxxx in xxxxxxx management xxxxx significance xxx transformation xxxxxxxxxxx like xxx ATM xxxxxxx in xxxxxxxx complexities xxx interdependencies xxxxxxxxx an xxxxxxxxxxxx would xxxx failure xxxxxxxxxxx wastage xx resources xxx loss xx opportunities xxx innovation xxx growth xxxxxxxxxxxxxxxx R x Applied xxxxxxxx Transformation xx ed xxxxxxx AssociatesMore Articles From Business Transformation Through Program Management
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