Module 2

Information from Course Outline
Module 2, Closes Monday, February 2
STRATEGIC MANAGEMENT AND PROJECT SELECTION Read Chapter 2 and the Submodules 2A, 2B and 2C. Prepare written responses to Material Review Questions 4, 6 and 8, Class Discussion Question 24, Problems 3, 4, 5, 7 and 8 and the L&M Power incident at the end of Chapter 2 (answer the questions at the end of the incident).

This chapter covers the topic of evaluating competing projects for the purpose of selecting those that will be funded. Various models for helping evaluate and select programs are described, as well as the process involved.

Learning Modules
Submodule 2A Project Selection, Chapter 2
Submodule 2B New Closure Old Closure
Submodule 2C Spring 2010 Closure

There are 25 points for this module's homework. 10 points for the auto-quiz you access through Blackboard, 10 points for the individual homework via email, 3 points for the group discussion homework , and 2 points for the message to the instructor. All are described more below.

Access the quiz through Blackboard, see info in submodule 1A. A copy of the quiz is found here. Before you do this quiz, you might want to do the quiz on the Publisher's website. The directions are in your syllabus . After you do the publisher's quiz, you will be told what the right answers are. Note some of the publisher's questions are specific to case studies in the text, these questions are not so important. The other questions you should be able to get right.

Individual Homework.
Write answers for Material Review Questions 4, 6 and 8 and Class Discussion Question 24 in Word. Then provide solutions to Problems 3, 4, 5, 7 and 8. Combine them with the message to the instructor (see below).

For the problems, make sure that the presentation is orderly. Use an Excel spreadsheet for numerical solutions.

Group Homework
We will use the Group Discussion to discuss L&M Power. (To get there go to the Tools link on the menu; click that. Then select Group Pages, then PM Class Group and finally to Group Discussion Board.) The forum is entitled Module 2 L&M Power incident. On the forum is the name of the "Project Manager" (PM) for that forum. You may work as a team in any way that you like, but the PM for that forum is responsible for gathering the final answers and presenting them This is typical of the discussion questions. In most cases, the length of a good answer is one long paragraph or several short paragraphs. The PM should start the problem by drafting a recommendation or delegating that. Then the other team members should propose changes. Finally the PM will draft a final recommendation and attach it to the last thread of the forum. As for the problems, the instructor will post a final thread with the comments.

Message to the Instructor
Use email to send the instructor a message. Label the subject of your email: ESM 609 HW2. Write a message to the instructor in Word. The message should include the answers to two questions: 1) What was the most useful or meaningful thing you learned from this module, and 2) what was the "muddiest" (least clear) item in the module. Some extra credit for pointing out any typo's or glitches in the material. This Word document will have this message and the Individual Homework described above. See the info in 1A about naming the file.

The instructor will issue a grade for each submission. The grade is my subjective evaluation of the work. For the team work, generally each team member who contributes and the PM will get the same grade, as long as effort and contributions are roughly equal. The PM will get one point extra, if the final submission is on time. Those class members marginally participating in the discussion will be awarded fewer points commensurate with effort. Those who sit out the assignment will receive no credit.

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