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Project Managment PMBOK and Five Phases for LRH Products

Scenario:

Your company, LRH Products, is about to attend a major trade show event in Sacramento, CA. You are a member of the marketing team that was selected to manage the trade show project. The project includes all the activities necessary to update the trade show display, re-stock the collaterals (brochures, signs, presentations), order new give aways, transport the trade show materials, set-up and manage display area, and make all travel arrangements. At this time, you do not need to update any of the printed collaterals, but the presentation will likely need some updating and small modifications. The sales people who will staff the display booth also need to be identified, notified, and trained. Uniforms for the sales team may also be necessary and would requirement procurement.

You will start this project within ten (10) weeks before the event; the display needs to be shipped ten (10) calendar days before the event begins to ensure adequate time for set-up by the on-site trade show staff. You have adequate budget, which was prepared by the marketing manager based on historical data that was produced from the costs of the previous show.

You have a small team of people to help you complete the project. You are available to work up to 16 hours a week on the project. As the newest person in the marketing department, you are not very familiar with the products or what has been done at previous trade shows. You have significant experience organizing trade show events since you used to work for one of their competitors. You also have experience training sales staff. You do not know the vendors with whom you will work on this project, such as the printer and give away supplier. You do have the following individuals to draw upon their expertise for help and guidance.

Task:
You're familiar with the PMBOK and its five project process groups. Have you applied them on other projects? How do you envision those processes and phases applying to your trade show project at LRH? Explain which if any processes will be more complicated than other processes.

Additional Criteria:
Discuss classical probability vs. probability based on knowing an underlying probability distribution. How they are different?

· There are 3 options. Describe the approach you would use to determine which of the first two options (the cash back options) is preferred by the population

o Explain why you choose the specific method

o Describe the steps in the statistical analysis

· For the 3rd option, describe the approach you would use to determine the probability that a customer will win.

o Do you have all the information you need? If not, what is missing?

o Describe the steps in the statistical analysis

Note: You do not do any calculations

Solution Preview

The response addresses the queries posted in 879 words with references.

//As per the directions, we will have to discuss about the application of PMBOK and five project process group at the trade show project at LRH. Prior to discuss about its application, first of all, we will discuss the scenario briefly. This part would enhance your learning skills pertaining to the PMBOK and five project process group application. So, firstly we will write about Scenario under the heading of Introduction, for example: //

Introduction:

In this given scenario, the product of LRH Company is about to advertise in the major trade show event, which is to be held in Sacramento, CA. The project related to the LRH product covers all the essential actions such as trade show exhibit updating, stock again the collaterals i.e. displays, pamphlets, symbols, transportation related to the trade show stuffs, display areas carry off and set-up and travel systems. As the member of the marketing team, I was chosen to handle all the activists related to the trade show project, so that we can easily carry out the task modifying and small adjustments in the presentation. As per this scenario, the selected member of marketing team is not well-known with the LRH products, and also does not have any information related to previous trade show projects. Besides this, he is also not acknowledging about their vendors i.e. suppliers & printers, but members have ...

Solution Summary

As per the directions, we will discuss the application of PMBOK and five project process group at the trade show project at LRH. Prior to discuss about its application, first of all, we will discuss the scenario briefly. Next we will enhance your learning skills pertaining to the PMBOK and five project process group application. This solution is 879 words with three references.

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