QUESTION(2)
(2)$2.3 trillion is not a small amount of money. in your opinion with regards to theory, how was the project sponsor(s) persuaded to invest in such project? Give example of tools used during the initiating phase for this purpose?
ANSWER 2
My opinion on how project sponsors were persuaded about South Carolina IT project office.
Actually, $2.3 trillion is not a small amount of money based on the article of our project because it is clearly written according to U.S. Department of Commerce’s Bureau of Economic Analysis that “ public and private sectors spent an estimated $2.3 trillion in 2001 on projects ranging from construction, research, development and information technology. This staggering amount is the equivalent of one quarter of our country’s gross domestic product (GDP)” and the above mentioned amount is huge for a project therefore before any project sponsor will invest on project with
that huge amount, something must have persuaded or triggered the project sponsor.
And from my opinion what persuaded the project sponsors to invest in the project is
that they were faced with some IT project management problems to a statewide level and they believed bringing up a project of that kind will help to minimize or put their problem to an end since their priority is to afford to citizens and government agencies in terms of project scope, quality, time and cost through IT projects and they believe with the execution, leadership, direction and assistance of the PMO, the State of South Carolina can be assured that its future technology projects will be managed by some of the most qualified project managers in the country and that seems to be a human development capital project and they executed their project successfully with the help of some cost management tool and techniques, cost analysis tool, and communication management tools like policies, templates, metrics, dashboards, reporting requirements, glossary of terms, etc. and my opinion is supported with application of Mcclelland theory of achievement which state that “achievers like challenging projects with achievable goals and lots of feedback”.
QUESTION(3)
This article mentioned the benefits provided by the south Carolina IT PMO. were these benefits achieved? How did they evaluate these achievement? Elaborate.
ANSWER 3
Basically numerous benefits were provided and achieved by the execution of South Carolina IT project management office not only to the government agencies across the state but also to citizens of South Carolina as well, the PMO provided benefit improvement like , Staff productivity, Time and budget performance, Estimations and overall quality, Customer satisfaction , Response time etc, and In addition to the progress made in the areas of State policy, methodology, training and certification, the PMO has also made significant contributions in a number of other areas including endeavors in project management networking, education, oversight on the state and national level and the project was evaluated impressively because it covers the triple constraint of project management which are scope, cost, and time, and these constraints are the major benefits needed from projects.
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