Explain why these companies are competitors. Analyze the competition’s products and services, explaining features, value, targets, etc. What are the competition’s strengths and weaknesses, and what is the market outlook for the competition?

Project 2

Using the information gathered for the OT analysis, develop an EFE matrix using five (5) opportunities and five (5) threats. Discuss how you developed the EFE matrix and the outcome. Make sure to support your reasoning.

Perform a Competitive Analysis using the focal company’s closest three competitors plus the selected company.

Explain why these companies are competitors. Analyze the competition’s products and services, explaining features, value, targets, etc. What are the competition’s strengths and weaknesses, and what is the market outlook for the competition?

Identify and discuss at least eight (8) key success factors (critical success factors).

Develop a Competitor Profile Matrix (CPM). Explain how you developed the matrix. Make sure to support your reasoning.

Identify and explain one of the tools and techniques used in project scheduling, (examples, Gantt chart, Network Diagrams, WBS, PERT, CPM) and explain how it can be used to manage or control the schedule.

Unit 2 – Discussion Board Project Management

Research the project management Process Groups and the project life cycle structure in the PMBOK® Guide, and then respond to the following:

Identify the four phases of the project life cycle and the 5 phases of the process group life cycle and discuss the difference between both.

Identify and explain one of the tools and techniques used in project scheduling, (examples, Gantt chart, Network Diagrams, WBS, PERT, CPM) and explain how it can be used to manage or control the schedule.

Link to the PMBOK Guide:
https://book.akij.net/eBooks/2018/March/5abcc35b666f7/a%20guide%20to%20the%20project%20management%20body%20of%20knowledge%206e.pdf

 What are the benefits of implementing lean and agile management methods to CPM?Is there a possibility of applying techniques like scrum, last planner, BIM, etc. to be implemented in CPM in order to save valuable time and costs?

Agile and lean approaches to construction project management 

This aims to study and analyze the existing research available on the application of agile techniques in construction project management and explore the possible answers to the questions:

What are the benefits of implementing lean and agile management methods to CPM?

Is there a possibility of applying techniques like scrum, last planner, BIM, etc. to be implemented in CPM in order to save valuable time and costs?

What is meant by “A Competitive Profile Matrix (CPM)”? Why is it important to a company? How does it relate to a company’s strategy?refer to the link provided of Coca Colas CPM example

Competition and Industry Analysis

1.What are an organization’s external opportunities and threats? What impact do these have on the organization’s strategy?

Give at least one (1) example of each for the organization you discussed

2. What is meant by “A Competitive Profile Matrix (CPM)”? Why is it important to a company? How does it relate to a company’s strategy?  refer to the link provided of Coca Colas CPM example

3. What is the purpose of an “External Factor Evaluation (EFE) Matrix”? How does it relate to a company’s strategy? Using the company in Discussion 1, identify the organization’s external one (1) opportunity and one (1) threat.