670 QM Group Projects & Presentation
As stated in the syllabus, you will complete two group projects and submit a
PowerPoint presentation of the second project. All presentations will be scored by the
class members. The purpose of the assignments is twofold: to improve your leadership
and teamwork skills; and to apply the course methodology to real business problems.
Project 1:
Use multiple regression analysis to analyze the performances of firms. You may
select the firms however you choose. Once you complete the analysis, you will present it
to me in a Word file, which will include:
1. Descriptions of each variable used.
2. How you selected your final model/discussion of the analysis.
3. Use of the model/determination of highly and lowly performing firms.
4. Limitations of the study.
Upon completion of the project, you will individually complete a reflective essay of at
least five pages. The reflective essay will include:
1. A discussion of the team dynamic.
2. A discussion of exhibited leadership.
3. A discussion of your role.
4. A discussion of improvements you and other team members could make.
5. A discussion/critique of the analysis itself.
Project 2:
The project will be an analysis using at least one of the tools covered in class (i.e.,
regression, forecasting, inventory, or quality). Steps in the project process are given
along a with preferred time frame.
1. Select group third week of class.
2. Submit topic sixth week of class.
3. Complete analysis at least two weeks prior to due date.
4. Submit completed project due date.
Make absolutely sure that you select your group carefully. Consideration should be given
to diversity of majors, as having several areas of background is a plus. Go into the
project with a positive attitude, and remember that it is your responsibility for the group
dynamic to work. Simply stating that the group is dysfunctional (due to some working
less or caring less) is not acceptable in business, and will not be acceptable here.
While you do not have to follow this exactly, a reasonable project will have the following
sections:
1. Introduction includes a detailed description of the problem and motivation for
the study.
2. Variables used in the study
3. Data Analysis includes all necessary computer output.
4. Interpretation and limitations of study
5. Summary/Conclusions
6. Credits (thoroughly delineate which members did which work)
7. References
Presentation:
The presentation should be of the same quality as would be expected by senior
management, and will be graded accordingly. It should effectively communicate the
results of your study in a visually appealing manner. It is to be submitted electronically
along with the project.