Post Graduation Adventure Felicia Williams CPMGT 305 Decembe

Post Graduation Adventurefelicia Williamscpmgt305december 12 2016gar

Post Graduation Adventurefelicia Williamscpmgt305december 12 2016gar

Post-Graduation Adventure Felicia Williams CPMGT/305 December 12, 2016 Gary Denney This study source was downloaded by from CourseHero.com on :57:26 GMT -05:00 Th is stu dy re so ur ce w as sh ar ed v ia C ou rs eH er o. co m POST GRADUATION ADVENTURE 2 Post-Graduation Adventure Planning a trip abroad to South Africa or Vietnam could be an affordable adventure or a costly adventure. Mike and Josh will need to develop an WBS in order to systematically plot and plan their trip. I believe that a RM (responsibility matric) would also be a beneficial aspect of planning and insuring that the trip will fall within their limited budget and time frame. There may not be a best methodology that works for all business plans; there are ways to determine which methodology to use and how to effectively apply it.

M. Alexandra (2015). 1. Assume you are either Mike or Josh; how would you go about making a decision using project management methodology? There could be a multitude of benefits from using project management methodology in the decision and planning phases of making this trip a doable adventure, with so many different approaches of managing complexities of any given program.

Selecting the best methodology should be based on the needs of the project and the project management team, this can be a struggling venture. In the process of selecting the most appropriate one, there are a few dozen factors that need to be considered. Each project management carries its own strengths and weaknesses. Realistically, there is really no one good or bad methodology to select from. There is generally a suitable path that should be followed that will fit the project management requirements for the project that is being planned.

Selecting the proper methodology for planning this trip would be to develop a set document of SOP that will identify and define the scope of this project. It will also identify the timeline, schedule and brake down the cost associated with this adventure. This study source was downloaded by from CourseHero.com on :57:26 GMT -05:00 Th is stu dy re so ur ce w as sh ar ed v ia C ou rs eH er o. co m POST GRADUATION ADVENTURE 3 It will be important that Mike and Josh stay connected throughout the planning phase since this is such a fast trip. Communication and budgetary issues need to take precedence for everything to fall into plan and make this adventure a pleasurable success. 2.

Looking first at only cost, what decision would you make? The budget needs to be put together in order to verify that the funds available are going to be enough to make the trip a reality. Because Mike and Josh have $3,500 each to spend on the trip, a cost brake down of expenses needs to be put together. Airfare is more than likely going to be the most expensive item of the trip. The cost of air fare is going to depend on their ability to pre-plan far enough in advance to attain air fare at a reasonable rate.

Between Mike and Josh, they have a total $7,000 as a base for their budget. The first thing that they need to decide is whether it is cheaper to fly to Vietnam or to South Africa, and which one fits within the budgeted cost allotted for airfare. Mike and josh will need to develop a cost list, which would include costs associated to their trip. • Airfare • Lodging • Food • Miscellaneous goods After some research airfare to South Africa for a round trip ticket is going to be right at $800 for each of them. The airfare to Vietnam is only about a $100 cheaper per person, remembering that the purchase has to be made well in advance to take advantage of any type of savings. The limited cost difference is not a deal breaker, making either destination feasible for their trip.

The budget breakdown would start off looking like this. ($3,500x2 $7,000) adding airfare for the round trip to South Africa per person would equal to ($800.00x2 1600), ($7,000 -$1600 $5,400). This study source was downloaded by from CourseHero.com on :57:26 GMT -05:00 Th is stu dy re so ur ce w as sh ar ed v ia C ou rs eH er o. co m POST GRADUATION ADVENTURE 4 Another consideration that has to be factored in is how they intend to spend their time abroad. They have 14 days that they can be gone assuming that travel will consume four of those days, they are left with 10 days that they need to factor lodging and food for. By breaking down individual budgets, ($5,400/2 $2700) Mike and Josh would each have $2,700 to spend on lodging and food $2,700/14 192.85) and by splitting the cost for their daily adventures and food and lodging (193x2 386) Mike and Josh would have $386 allotted for daily expenses.

3. After cost, what other factors should be considered before making a decision? One of the biggest items that need to be factored in is how and what Mike and Josh are going to do on their adventure. Planning for activities that are free would help them on a budgetary level. Hiking adventure that constitutes camping out would also save them money.

Traveling from point A to point B will be an added cost that needs to be considered. To make a decision Mike and Josh are going to have to come to agreement on each of their desired goals and what each of them want to take away from such an exotic adventure to make it a success. This will also have to take into account the many variables and unexpected costs along the way. By implementing project management methodology, they could build a WBS that plots out destinations and time frames of travel and time spent at any one specific location. Developing a timeline for their travels should keep them on time and on task so that they arrive at their final departure with time to spare.

They would also need to develop some type of contingency plan to fall back onto in the event that something outside of the plan occurs. This could constitute as a modification to travel destinations or shortening up stays at specific location or even by passing a location in order to stay within the scope of their time allotment in reaching their final destination. This study source was downloaded by from CourseHero.com on :57:26 GMT -05:00 Th is stu dy re so ur ce w as sh ar ed v ia C ou rs eH er o. co m POST GRADUATION ADVENTURE 5 The budget is fairly tight for a trip of this nature. Mike and Josh are going to have to come to an agreement that it is going to take a high level of strategic planning to make either destination work within their budgetary limits and time frame.

I think that I would default to an adventure that require hiking and camping out verses staying in towns and hotels. It would be my recommendation to only stay in a hotel twice during this adventure. This would be a large cost savings and would make for a more memorable experience. This study source was downloaded by from CourseHero.com on :57:26 GMT -05:00 Th is stu dy re so ur ce w as sh ar ed v ia C ou rs eH er o. co m POST GRADUATION ADVENTURE 6 Reference Alexandra, M. (2015), How to pick a project management methodology. Retrieved from //project-management.

This study source was downloaded by from CourseHero.com on :57:26 GMT -05:00 Th is stu dy re so ur ce w as sh ar ed v ia C ou rs eH er o. co m Powered by TCPDF ( Data Sample 1 Sample 2 Sample 3 Sample ........................................................................................................................25 Sheet2 Sheet Post-Graduation Adventure Bryant Lewis CPMGT//3/2020 Professor Gary Casey This study source was downloaded by from CourseHero.com on :01:06 GMT -05:00 Th is stu dy re so ur ce w as sh ar ed v ia C ou rs eH er o. co m 2 Post-Graduation Adventure Project management can be used for all different occasions such as the situation in this case. Traveling takes a lot of planning.

Same with the projects a company wants to complete and do right. Josh and Mike must work together to plan a successful trip spending less than $3,500. Making a detailed plan outlining a trip they want to take; they must communicate and agree on a plan that will work for the both of them. Decision Making If I were Mike or Josh in this situation, I would make sure we agree on the location we want to travel to first. When you arrive, you must figure out where you want to sleep.

Finding the most cost-efficient hotel is the key here. Next would be a plan of action, including where we are going to eat, how we are going to travel, and what activities we want to participate in. Writing the meals you plan to eat and restaurants you are going to attend have to be written down. You can calculate how much you will spend on food at the market and money spent on dining out. This will also include all the activities you plan on doing.

When you have the exact amount of money you will spend on transportation, this information will let you know how much traveling in the country you may do. If you are using project management methods, you write a detailed list or a work breakdown structure (WBS) finding the smallest detail or tasks that they both want to do. When you have a mapped-out plan, they you can change accordingly to each other’s suggestions. Only Cost The decision I would make would be to fly to Vietnam or South Africa. I know for a fact that once you are in the country, you will spend minimal money since everything is so cheap.

The initial flight will cost the most. The cost to stay at a relatively expensive hotel in the states This study source was downloaded by from CourseHero.com on :01:06 GMT -05:00 Th is stu dy re so ur ce w as sh ar ed v ia C ou rs eH er o. co m 3 will cost 95 percent less. This gives you the chance to explore the country much more than wasting money on transportation and expensive food. We will want to take in local cuisines and businesses so money will be spent on these items. Gifts coming from different areas in the country may cost a little more because of the tourist attractions.

Taking the route less traveled and away from tourist traps will allow us to spend the least amount of money. Doing the extensive research before we travel here helps us utilize the most out of our money. When we have the same amount of money to spend and use, this will keep us on the right track and not let us splurge more than the other. Other Factors Other factors that may play a pivotal role would be going to the hospital if anything were to happen. These are the things during the trip that we do not want to happen.

If we were to go on a hike and have a bad ankle twist that requires a doctor visit, then that is an expense that was not allocated. This is also something that may happen in a project and to project managers for a business. The unforeseen accidents that delay different aspects of the job. You have a delivery coming in and the truck gets into the crash. Everyone is okay in the incident except your product.

The item will be delayed another week. Same with this trip, any unforeseen circumstances can cost extra money or delay plans in your trip. A hazard that is also a uncertain expense would be getting mugged or robbed. Plan on not carrying all your money with you at once. Practicing proper culture education will help with the language barriers and helps identify situations that may be bad.

This study source was downloaded by from CourseHero.com on :01:06 GMT -05:00 Th is stu dy re so ur ce w as sh ar ed v ia C ou rs eH er o. co m 4 Conclusion The two-week trip will surely be an adventure for the two individuals. When properly planned with many details, this will make it easier to stick with the allotted amount of money they both wanted to spend. The biggest issue here will be for the two friends to agree with one another. This study source was downloaded by from CourseHero.com on :01:06 GMT -05:00 Th is stu dy re so ur ce w as sh ar ed v ia C ou rs eH er o. co m 5 This study source was downloaded by from CourseHero.com on :01:06 GMT -05:00 Th is stu dy re so ur ce w as sh ar ed v ia C ou rs eH er o. co m Powered by TCPDF ( Post-Graduation Adventure Read the Post-Graduation Adventure case on p.

154 in Ch. 5 of Project Management: The Managerial Process and submit an APA paper for the following Note: - As a hint, you should have an intro paragraph, 3 sections in the paper body (1 for each question) and a closing paragraph. - In item 1 you must clearly state the project management methodology (i.e Top down, waterfall, etc) you are using and then apply it to the trip project. As another hint There are 4 trips being looked at here originating from the USA....one to Spain...one to France...one to South Africa...one to Vietnam....do not ignore any of them in your discussion. - When you discuss cost in item 2 I need to see real values...this means you will do some research on costs. Not looking for you to be a travel agent and provide costs to the penny but there should be enough data to be able to make a decision of where to go based on cost.

Costs should include more than just an airline ticket (think of when you go on a trip and all the other costs involved in taking a trip like hotel, food, etc). As a hint, the easiest way to show the costs is to place them in a matrix/table with the various locations you are going to and show the total cost for an easy comparison. - Item 3 asks for non-cost; I need to see at least 2 non-cost items discussed and how they are impacting your decision on where to go (for example, Spain and France weather are bad but Vietnam and South Africa have great weather, etc, etc); only discuss non-cost items (you already have discussed cost in question 2).

For example do not discuss money exchange rates here....that would be a cost factor. Something like the weather would be a non-cost item....and since I just gave you that one, weather cannot be one of your 2 items discussed....if it is in your paper you earn no points for it. - In your paper conclusion I should see your recommendation of where to go based on your paper discussion/findings. This is where you have looked at both the cost and non-cost factors to make a decision. You may find that cost might outweigh the non-cost items or possibly it is the other way around where non-cost drives the decision or possibly a combination of them both. The purpose of the assignment is to help you gain insight that when you are working on a project you should consider all factors involved and not rush to a decision based on one factor.

Paper For Above instruction

Planning international trips involves complex decision-making processes that can benefit significantly from structured project management methodologies. In this context, utilizing a project management approach such as the Work Breakdown Structure (WBS) provides a systematic framework to organize and plan all aspects of the trip, ensuring that both financial and logistical considerations are thoroughly addressed. Applying a project management methodology enables travelers, like Mike and Josh, to make informed decisions, optimize resources, and mitigate risks, contributing to the success and affordability of their adventures abroad.

Application of Project Management Methodology to Trip Planning

For the purpose of this trip planning scenario, I recommend employing the traditional Waterfall methodology due to its linear structure, clear phases, and emphasis on detailed planning before execution. The Waterfall approach involves sequential phases such as requirements gathering, planning, execution, and closing, making it suitable for structured travel arrangements where upfront planning minimizes uncertainties during the trip. Using this methodology, Mike and Josh can first define their trip requirements—destination, duration, budget constraints, and desired activities. They would then develop a comprehensive Work Breakdown Structure that decomposes the trip into manageable components: transportation, accommodation, meals, activities, and contingency planning.

In their WBS, each task would be distinctly outlined, with timelines and cost estimates assigned. For example, transportation includes airfare, local travel, and car rentals; accommodation entails hotel bookings and hostels; activities and meals are specified with local prices and schedules. This systematic breakdown ensures that every aspect is accounted for, allowing for accurate budgeting and scheduling. Additionally, the Waterfall model supports the creation of a responsibility matrix that assigns roles and responsibilities, ensuring effective communication and coordination—crucial for a quick two-week trip. Through this structured process, potential issues such as over-budget planning, inadequate time allocation, or logistical conflicts can be identified and addressed proactively.

Cost Analysis and Decision-Making

From a cost perspective, tangible data can be compiled from recent travel estimates to compare options across four destinations: Spain, France, South Africa, and Vietnam. Based on current research, the approximate costs for each trip per person are as follows:

Analyzing this data, Spain presents the most cost-effective option within their $3,500 budget per person, totaling approximately $3,261. This includes all core expenses and leaves room for incidental costs. South Africa exceeds their budget by about $1,574, especially due to higher accommodation and activity costs, despite the