ACME Development Corporation (ADC), a developer of custom
homes and apartment complexes, has decided to standardize its project
management practices and processes across its national organization. The goal
is to standardize with one single project-scheduling tool and to have the tool
installed and be operational within 90 days. To this end, the company is
forming a central project management office (PMO). Until now, project managers
(there are 40 presently on staff distributed all over the United States) have
been able to use whatever scheduling tool they liked, within their budget
constraints. They have also been able to buy equipment and engage contractors
at will. The PMO will be determining one scheduling tool that all PMs will be
expected to use, exclusive of any other scheduling tools. The PMO will also
develop and implement a standardized procurement process. Because the PMs are
located across the United States, a Web-based solution seems likely to be the
most successful tool.

As the project manager, you have been charged with
implementing the procurement process, and you decide that your first project
will be purchasing the scheduling tool for ACME Development Corporation.

PMI is one of the world’s largest not-for-profit membership
associations for the project management profession. Our professional resources
and research empower more than 700,000 members, credential holders, and
volunteers in nearly every country in the world to enhance their careers,
improve their organizations’ success and further mature the profession.PMI’s
worldwide advocacy for project management is reinforced by our globally
recognized standards and certification program, extensive academic and market research
programs, chapters and communities of practice, and professional development

1000 words

• Create a
risk template by listing the risks
that you think are appropriate for ADC.

• You may
need to make assumptions about the
project. Just be sure to document them in the description of the risk.

• When
identifying your risks, be sure to
consider the following:

• Project
and product risks

• External
and internal risks

• Project
budget risks

• Scheduling

• Resource

• Product
quality risks

• Be sure
to categorize and quantify all of
the identified risks.

• Click on
the following link to download and
view a copy of an example risk template.

• When you
have finished, upload your file to
the Small Group Discussion Area for peer review.

Create a weighted scorecard list of functional requirements
for the scheduling tool you need to purchase for ADC.