WEEK 5 – Discussion 1: (One page)

PM Code of Ethics and Professional Development Analysis –  

As professional project managers in today’s ever-changing and chaotic environment, we face numerous challenges for upholding the high standards of ethical behavior. We faced dilemmas involving issues such as bias, nepotism, and fraudulent activities. PMI has developed a set of conduct behaviors, including honesty, responsibility, respect, and fairness, to ensure long-term project success and project manager integrity (Project Management Institute, n.d.).

For this discussion:

1. View and evaluate the CapraTek: Ethics and Professional Conduct interactive (in the Resources) and select two of the violations.
2. For each violation, state:
   1. The violation.
   1. The “PMI Code of Ethics and Professional Conduct” value the violation impacted.
   1. Recommendations for mitigating the violation.

WEEK 5 – Discussion 2: (One page)

Course Review and Reflection

Reflect on your learning in this course, considering how your professional communications have improved throughout the course.

Specifically, discuss at least two ideas that were presented in this course that you feel will help you, or that may have already helped you, in your career as a professional project manager.

Did this course provide you with enough exposure to PM methodologies, tools, techniques, and strategies for you to decide to pursue a career in PM?

WEEK  5  – Assignment

Project Lessons Learned

Instructions

Documenting lessons learned is an important part of closing a project. Record things like what was done well so it can be repeated in the future, and what could have been done better and how.

For this assignment:

1. Create a 5–7-slide PowerPoint with the following:
   1. Lessons learned.
   1. An evaluation of project management certifications and training, including:
      1. Cost.
      1. Audience.
      1. Benefits.
      1. Requirements.
      1. Similarities and differences between certifications and training.
   1. Detailed notes.
2. Use Kaltura or Adobe Connect to present the PowerPoint and submit a video presentation.

Additional Requirements

• Written communication: Ensure written communication is free of errors that detract from the overall message.
• Number of resources: Cite at least three current scholarly or professional resources.
• Font and font size: Use Times New Roman, 12-point font.
• Submission: Submit the video presentation and the PowerPoint slides.

 

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Instructions: Follow each point as outlined, nothing should be missing.

1. Each student should prepare a “My Personal Leadership Development Plan” in a PowerPoint presentation. The length of the presentation will depend on the value you place on your leadership development.
2. Using what we learned in class from the discussions, instruments, assignments, and readings, do a complete analysis of your leadership style and effectiveness.
   • What have you learned about yourself?
   • What areas do you need to work on to be a more effective leader?

Guidelines for Personal Development Plan

1. Identify the behaviors that you need to stop doing and others that you need to start doing. It is assumed that over the semester you have reflected on these actions and will want to take steps to change your behavior to become a more effective leader.
2. Use the five practices of exemplary leadership discussed by Kouzes & Posner (1987). Reflect upon which practice best exemplifies you.
3. Use any combination end-of-chapter questionnaires, observational exercises, and/or reflection to guide your discussion.
4. Discuss at least two leadership theories that resonated with you and your style. Do not just write a definition.
5. Provide a specific list of strategies (i.e. action steps and timeline) for your leadership development and justify them on the basis of your above discussion. That is, show how your discussion of leadership concepts informs your choice of action steps.
6. Create a leadership development plan for yourself. The plan should be put into effect over the next one to two years.

You should submit

• A PowerPoint presentation. As this is a business class, your presentation should reflect business standards in quality, structure, and presentation. Include a title slide. Review consistency of format, font, font size, appropriate use of graphics to text, length of text, etc. 
  
• Cite your sources where applicable on each slide (APA style). 
  
• Include a References slide in APA format.
  

TIPS

1. PowerPoint slides should contain bullets, not long paragraphs.
2. Use graphics, charts, pictures to emphasize, not overwhelm, your text.

 

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Choose a company to study, and answer the following questions about it. 1. What is the name of the organization? Give a short account of the history of the company. Describe the way it has grown and developed. 2. What does the organization do? What goods and services does it produce/ provide? What kind of value does it create? If the company has an annual report, what does the report describe as the company’s organizational mission? 3. Draw a model of the way the organization creates value. Briefly describe its inputs, throughputs, outputs, and environment. 4. Do an initial analysis of the organization’s major problems or issues. What challenges confront the organization today—for example, in its efforts to attract customers, to lower costs, to increase operating efficiency? How does its organizational design relate to these problems? 5. Read its annual report and determine which kinds of goals, standards, or targets the organization is using to evaluate performance. How well is the organization doing when judged by the criteria of control, innovation, and efficiency.

 

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Cultural differences, while difficult to observe and measure, are obviously very important. Failure to appreciate and account for them can lead to embarrassing blunders, strain relationships, and drag down business performance. While some organizations can make cultural diversity a source of advantage, others do not.  

Q1) Identify a recent situation in the news in which an organization failed to consider the various cultural norms of stakeholders. 

Q2) Where did they fail and what would you recommend based on your readings, research, and Hofstede’s Cultural Dimensions? https://www.psychologytoday.com/us/blog/between-cultures/201702/geert-hofstede-conversation-about-culture

 

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Think about Unit VIII and the importance of understanding the cost of capital to a business. Comment on why it is important, and explain why as debt increases (in capital structure), eventually the WACC will increase (despite the fact debt is usually the lower cost component cost of capital). How does your current or past company, or one you know of, decide on its cost of capital? Finally, What assignments/assessments from this course aligned with your profession? How can the lessons you have learned positively affect your career success (now or in the future)?

 

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