Karen led an effort to decide whether her firm should stick with its current project management platform or invest in a new software. To gain input, she met with the finance team. They explained that the current platform is the best choice because it is already set up to run critical reports they use in their work. Karen then consulted with the design team, who suggested switching to a program that is more user-friendly and better suited to their needs. Knowing how important the finance reports are, karen focused on the team's input and decided to stick with the current platform. What statement describes the cognitive bias that influenced Karen's decision? A. Her first conversation anchored her thinking, leading her to give more weight to the finance team's perspective. B. Her positive feeling about the current platform corroborated her analysis of how well it meets the organization's needs. C. Her personal relationship with colleagues and the finance team led her to ignore the design team's ideas.
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- You are the medical director of a large long-term care facility with a primarily elderly resident population. The frail elderly are particularly vulnerable to influenza. In addition to providing the flu vaccine to residents, you would like to require that all health care workers in the facility receive the flu vaccine as well, to provide indirect protection to the residents who are at high risk for influenza. You have heard that some of the employees are unhappy with this plan. What should you do?arrow_forward[Project Management] You have been engaged as the project manager for a company to oversee the product development of a coronavirus breath analyzer disposable test kit to identify the presence of Covid-19 in a patient. During this pandemic outbreak, this product is intended to be used for mass screening. The accuracy of the test kit and the processing time of the result are important. From the risk management point of view, justify the five potential uncertainties that can be encountered in this project.arrow_forwardCan you answer me as soon as possible , urgentttttt!!!!!!!!!!! You are the Business Development Manager of a leading manufacturer of high-priced apparel for children in Hong Kong, Cotty Care, which is famous in producing organic cotton clothes for kids with a mission of providing sustainable clothing to the new generations. The Board of Directors is exploring the possibility of exporting its product overseas as the firm still has idle manufacturing capacity. The directors believe there is a market for their apparel in Europe, which could generate extra sales and profit for the company. (a) What are the FOUR questions to address in analysing organizational readiness for international business? Illustrate each question with an example from Cotty Care’s case. Is Cotty Care ready for international expansion? Explain.arrow_forward
- Before starting as the project manager, you must present the project for approval. This proposal will provide justification for undertaking the project. Based on your readings, research, and experience, discuss: The information you will gather before writing the proposal Any 3 benefits of preparing a project proposalarrow_forwardProject Risk Management is imperative for every project. However, to ensure risks are managed properly there has to be an increased level of communication in an organization not just for projects. You are a Project Manager in your organization that recognizes this, create and attach a memo (In proper memo format: https://owl.purdue.edu/owl/subject_specific_writing/professional_technical_writing/memos/sample_memo.html) to your organization's leadership team explaining how communication needs to to be conducted to improve risk management practices. Make sure that you explain specifically what aspects of communication, tools, and techniques you feel are best suited for this to happen as it relates to what you now understand about risk management.arrow_forwardWhich statement BEST defines a project manager's role on the project? Select one: a. Achieving project objectives through effective project integration management b. Advocating for salary increases and better working condition for project team members c. Marketing the final deliverables of the project d. Taking instructions and direction from the project sponsorarrow_forward
- You are the Project Manager for a sensitive project that is expected to have many primary and secondary stakeholders. You also happen to be an employee of the performing organization and the sponsorship of the project is via an external source.i. Select your preferred organizational structure, and propose three (3) strategic objectives or organizational goals of your organization. ii. Develop a name for your project and explain why you think your project has the characteristics of a project. iii. To what extent does your selected project ‘fit’ into the strategic objectives of your organization? iv. Identify three (3) Interpersonal Skills of a PM that would be required by you in managing the project. v. Explain in detail the term ‘Talent Triangle’ as applied to the competencies of a PM.arrow_forwardPlanning is an indispensable aspect of achieving goals, be they personal, professional, or communal. It serves as a roadmap, guiding individuals and organizations through a structured process to identify objectives, allocate resources, and outline the steps needed for successful execution. Effective planning involves a thorough analysis of current circumstances, future aspirations, potential obstacles, and available resources. It requires foresight, strategic thinking, and adaptability to ensure that plans remain relevant in dynamic environments. From project management to daily tasks, planning enhances efficiency, minimizes risks, and promotes a sense of direction. The process may involve setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals, creating timelines, and allocating responsibilities. Moreover, it encourages collaboration and communication, fostering a collective understanding of objectives and strategies. Successful planning not only considers…arrow_forward
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