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Wednesday, October 27, 2010

CS615

Software Project Management
Assignment # 01
Fall 2010
                                                               Marks: 20
Due Date
Your assignment must be uploaded before or on 29th
 October 2010.

Uploading instructions:
Please view the Assignment Submission Process document provided to you by
the Virtual University for uploading assignments.
•  Assignment should be in .doc format.
•  Save your assignment with your ID (e.g. bx020200786.doc).
•  Assignment submission through email is highly discouraged.

Rules for Marking:
It should be clear that your assignment will not get any credit if:
•  The assignment is submitted after due date.
•  The submitted assignment file is corrupted.
•  The assignment is copied.
Note:
Your answer must follow the below given specifications. You will be assigned zero
marks if you do not follow these instructions.
•   Font style: “Times New Roman”
•   Font color: “Black”
•   Font size: “12”
•  Bold for heading only.
•  Font in Italic is not allowed at all.
•  No formatting or bullets are allowed to use.

Assignment:

Q. 01  Choice elements are found in the theory and practice of strategic management and
provide the performance standard by which enterprise resources are identified,
selected, committed for the growth and survival of the organizational process and
future products. Discuss the key choice  elements for the strategic management
that are important building blocks in the design and implementation of the
strategies for the enterprise’s future.

Q. 02  Discuss the planning limitations in formal strategic planning?  (At least five)

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Limitations of Strategic Planning
Strategic Planning should not be viewed as a guarantee to future success. Strategic Planning has limitations, such asstrategic planning in * is necessary, strategy planing following:

1. Strategic Planning is not a way of making future decisions. There is no way anyone can predictstrategic planning in * is necessary, strategy planing future. Strategic Planning provides overall guidance and direction based on what we think will happen.

2. Strategic Planning is not a blueprint forstrategic planning in * is necessary, strategy planing future. There are too many changes taking place - marketplace is changing, customer preferences are changing, new competition, new technologies, new opportunities, declining financial condition, etc. Strategic Planning is a dynamic process, which is receptive to change.

3. Strategic Planning cannot resolve critical situations threateningstrategic planning in * is necessary, strategy planing organization. Strategic Planning will not get you out of a crisis. understand importance of strategic planning in organizationOrganization should be stable before engaging in strategic planning.

4. Strategic Planning should not replace good intuitive judgments. If an organization is lucky enough to have good intuitive thinkers, then exercise extreme care before embarking on formal strategic planning. You do not want to destroy intuitive thinking withinstrategic planning in * is necessary, strategy planing organization.


*Here are some of the choice elements of an organization.*
*
*
*Please try to look these element into some strategic management notes or
books.*
*I know these might confuse you that what are these doing with project
managements but these are the basic fundamentals. *
*
*
*Try to write few lines on these topics.*
*

*vision*
*mission*
*Goals*
*objectives*
*Strategies*
*Projects*
*operational plans* 
 
  

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