MGT323 Project management

Avoid plagiarism, the work should be in your own words

All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted

Case Study : Hector Gaming Company (HGC) is an educational gaming company specializing in young children’s educational games.HGC has just completed 4th year of operation and it was a successful year.The company received a large influx of capital for growth by issuing stock privately through an investment banking firm.The ROI for the past year is expected to be over 25 percent with zero debt.The growth rate for the last two years has been approximately 80 percent each year.Parents and grandparents have been buying HGC’s products rapidly.The founder, Sally Peters, has been recognized as a young entrepreneur to watch.The founder has develop organizational culture of HGC that emphasizes innovation, continuous improvement, and organizational learning.Top managers worked with McKinley Consulting to develop the organization’s strategic plan.There is little consensus on how to accomplish the strategic plan, leading to conflicts and resource issues.Some projects are not meeting deadlines and going over budget.HGC talent has been working on project that does not align with the organization’s vision or market niche.Peters concerned about losing control and wants to ensure everyone agrees on strategy implementation.HGC is expanding its organization, number of new products, and marketing efforts.Policies need to be in place to ensure new employees are used productively.There is potential competition in the market, and Peters wants HGC to be prepared to meet it.

Answer the following questions with 1500 Words limit.

Peters has hired you as a consultant. She has suggested the following format for your consulting contract. You are free to use another format if it will improve the effectiveness of the consulting engagement.

Provide a detailed action plan that attacks the problem. Be specific and provide examples that relate to HGC.

1. What is our major problem?

2. Identify some symptoms of the problem.

3. What is the major cause of the problem?

Discussion Question:

  • What impact will artificial intelligence (AI) have on the field of project management? Refer Chapter-2
  • How are projects linked to the strategic plan?Refer Chapter-2