Leading Strategic change in organizations
Scenario: You are the project manager responsible for a new building construction
in northern Virginia. The building is worth $500,000 and will have five bedrooms, a
kitchen, landscaping, and a two-car garage to be completed in two years. This was
agreed upon in a firm fixed contract. During the execution (construction) of the
building, you realize that the cost of materials have gone up by 1096, and your
schedule is behind by 90 days due to delays from county inspections and permit
processes. You also notice that if you continue with the current cost rate and
schedule rate that the total cost to complete this house would be $600,000 and
delivered three months late.
Submit a three-page report explaining the reasons for these variances from your
original project management plan and the proposed steps on how you are going to
control the cost and schedule to achieve the contract threshold of $500,000 to be
delivered in two years. Your plan must include the following:
El Address identifications of impacted activities with their cost and schedule
attributes, remembering to account for contingencies.
MBA 6941, Managing Project Teams 4
El Address explanations of the roles your project management team will play
during the execution of your project management plan and how they will help you
to control the issues that are arising during the project.
El At the end of your essay, add a separate section entitled, “Reflections on My
Learning.” In this stand-alone section, summarize what you have learned in doing
the research, reading the textbook, and reading the written lessons in regard to
project management and how it impacted your decisions in this essay.
Refer to the execution and control process examples in the Handbook of project-
based management: Leading Strategic change in organizations textbook, Chapter
17. Include at least one additional source to support your ideas, thoughts, and
theories. Use APA format to document your sources in-text and in your
“References” list at the end of the essay.
Information about accessing the Grading Rubric for this assignment is provided