You are a Project Manager at Lightning Fast and have been tasked with project managing a small team to create a brand new roller-coaster experience! Your goal is to ensure visitors have an amazing experience by delivering a successful project, whilst creating business “value” for Lightning Fast.
Recent visitor surveys have reported that a new “thrill” roller-coaster ride is needed to entertain adults and children over the age of 15 years which will provide an alternative ride to the Lightning Rod rollercoaster. Senior management at Lightning Fast want the new roller-coaster to have at least one unique feature that will be a differentiator to UK competitors such as Alton Towers and Legoland.
This assignment requires you to produce a report (1500 – 2000 words) for the new roller-coaster ride which addresses the following:
Part A (500 words):
Critically review your own ability (strengths and weaknesses) to manage projects in general. This section can be written in either the first-person or third-person – your preference – and is not based on Lightning Fast.
Part B (1500 words):
Devise a project which outlines a new roller-coaster ride that addresses the following:
Traditional, Agile, xPM and MPx considerations
The five stages of a PMLC (project management life cycle) model for the project
Any project planning considerations & an outline of how you would manage and control the project
Project risk management & managing any potential scope creep
Project stakeholder management & managing client expectations
How you would close the project and transfer any relevant learning to future projects
understand the school procedures in processing and recording financial transactions and producing financial information and believe this can be gained by receiving training on the school finance system and observing finance officer, I believe this will help me to move to tier 2 (NASBM) and enable me to understands financial accounts and the principles of double entry booking. My second objective is to develop a better understanding of school asset management; by reviewing and updating the current asset register and ensuring an effective system is in place. I will need to liaise with the site manager to allocate time for training purpose. Part 3 – Exploring the political and organisational context of school business management 3.1 Research current policy context: The education and regulatory environment constantly changes, regional networks and publications such as TES and KEY are valuable sources for SBMs to keep updated on policies especially with expenses that are not planned for. The effects of Brexit will undoubtedly be felt in our education system, what will happen to our European students and teachers? No one can predict exactly, there is a slight tension across our school however at this point our school leaders must carefully consider future outcomes and prepare accordingly. With the government promoting academisation and increased autonomy from Local Authority (LA) schools are having to make the decisions on how to use their funds. Current government is keen to see improved performance in the country’s schools, according to Schools White Paper 2016 “We want to put more power into the hands of the best school and system leaders, and to extend their reach. A more autonomous school system is even more dependent on outstanding educational leaders “ (Gov.UK, 2016:13) clearly the governments aim is to create a school system that is self improving, embedding better training systems to develop more high quality leaders also making schools more autonomous. An SBM works with Headteachers ensuring schools manage resources effectively and efficiently to achieve better outcomes for pupils, allowing Headteachers to focus on leading, teaching and learning. My school doesn’t have an SBM, if we did the school would be better prepared for any changes, taking pressure off the Heads by not only making significant savings, but also identifying new sources of funding ensuring successful results of school improvement plans. This will also allow for better preparedness and manage risks by planning ahead.>GET ANSWER