A&D High Tech (A): Managing Projects for Success

Author(s):  
Mark Jeffery ◽  
Derek Yung ◽  
Alex Gershbeyn

The case is based on a real $25 million project at a major U.S.-based computer manufacturer. For confidentiality reasons the company has been disguised as A&D High Tech. The Web-based online ordering system project is required by sales and marketing for the fall holiday season. If the project misses this window, the firm will lose substantial market share to competitors. The A&D High Tech case examines how to create and analyze a project plan in Microsoft Project. Specifically, data is given to build the project plan step-by-step and then analyze the plan using the Microsoft project management tool. In order to make the case manageable for students we reduced the size of the project, and corresponding number of resources, to approximately $1 million, but retained all of the features of the original project. The project plan that students construct from the data given in the case is fraught with risks, and students must apply risk management techniques to diagnose the plan. Ultimately, students must answer the management question: Will the project be completed for the holiday shopping season? This case is the first in a series; the second is the case entitled “A&D High Tech (B): Managing Scope Change.” The case can also be taught using other project management software tools, such as Primavera.The case teaches students how to build a project plan in Microsoft Project (or other project management software tools). More important, the case teaches prospective executives how to analyze a project plan and identify risks of the plan, and define strategies to mitigate these risks. Students learn that in the planning stage of any project the risks are highest, but this is the best opportunity for proactive management intervention.

Author(s):  
Mark Jeffery ◽  
Derek Yung ◽  
Alex Gershbeyn

The case is based on a real $25 million project at a major U.S.-based computer manufacturer. For confidentiality reasons the company has been disguised as A&D High Tech. The Web-based online ordering system project is required by sales and marketing for the fall holiday season. If the project misses this window, the firm will lose substantial market share to competitors. Part (B) takes place three months into the original project plan. The project manager has just been fired and the management challenge is to find out what is wrong with the project and recommend fixes. In addition, the scope of the project has changed: the VP of marketing has an additional promotional bundle requirement. A&D High Tech (A) examines how to create and analyze a project plan in Microsoft Project. In order to make the case manageable for students we reduced the size of the project, and corresponding number of resources, to approximately $1 million, but retained all of the features of the original project. Part (B) gives actual work done on each task three months into the project. Students must answer the management questions: Can the project be fixed and completed in time for the holiday season? Can the additional requirements be incorporated, and if so, what is the best approach? In order to answer these questions, earned value data can be extracted from Microsoft Project and analyzed. These data provide important insights into the root cause of problems with the project. The next step is to reduce the scope of the project and reassign resources. However, one must be aware that indiscriminately adding people can slow a project down, not speed it up. Finally, the additional promotional bundle requirement from the VP of marketing provides an important outsourcing management discussion. The case can also be taught using other project management software tools, such as Primavera.The case teaches students how to analyze a project in trouble using Microsoft Project (or other project management software tool). More important, the case teaches prospective executives how to manage a project in trouble by first accurately diagnosing the problems, then reducing scope where necessary, and finally replanning the project with reallocated resources. In addition, students will learn the tradeoffs of outsourcing to highly specialized professionals vs. average contractors.


2016 ◽  
pp. 2395-2410
Author(s):  
Dragana Milin

More and more companies organize their business through projects, and project management becomes a necessity rather than a luxury and permeates all aspects of business. Therefore, managing knowledge in project environments becomes a key component in project success. In this chapter, basic elements of projects, project management, and knowledge management are introduced, while the main focus of the chapter is put on knowledge transfer between projects and the parent organization. Software tools for project management are also introduced, and some of the most prominent project management software tools are presented. Project Management Office (PMO) as a key player in inter-project knowledge transfer is described, and certain points for future research are given.


Author(s):  
Dragana Milin

More and more companies organize their business through projects, and project management becomes a necessity rather than a luxury and permeates all aspects of business. Therefore, managing knowledge in project environments becomes a key component in project success. In this chapter, basic elements of projects, project management, and knowledge management are introduced, while the main focus of the chapter is put on knowledge transfer between projects and the parent organization. Software tools for project management are also introduced, and some of the most prominent project management software tools are presented. Project Management Office (PMO) as a key player in inter-project knowledge transfer is described, and certain points for future research are given.


2017 ◽  
Vol 11 (5) ◽  
pp. 73
Author(s):  
Stanislaw Paul MAJ

Project management software tools are essential tools for the different phases of projects. However a number of software tools exist ranging from the relatively simple to those that extremely feature rich. Feature rich software tools have their advantages due to their wide repertoire of options but can be difficult to learn. Ideally the main steps in project management need to be identified and mapped. The five layer domain analysis model was used (but only the first two layers) in conjunction with cladistics and parsimony analysis to produce a diagrammatic, modular abstraction based on hierarchical top down decomposition. This model contextualizes the steps in project management by means of a high level overview that can be decomposed into greater detail. Significantly it is universally applicable to software management tools.


2010 ◽  
Vol 3 (6) ◽  
pp. 63-68
Author(s):  
Melinda Cline ◽  
Carl S. Guynes ◽  
Karine Simard

The primary challenge of project management is to achieve the project goals and objectives while adhering to project constraints - usually scope, quality, time and budget. The secondary challenge is to optimize the allocation and integration of resources necessary to meet pre-defined objectives. Project management software provides an active learning component to the study of project management principles. Prior literature indicates that active learning contributes to student success when students are actively engaged both inside and outside the classroom.


2012 ◽  
Vol 7 (2) ◽  
pp. 126
Author(s):  
Henry Chong ◽  
Violitta Yesmaya ◽  
Ardian Eko Y.P. ◽  
Novita Sariand ◽  
Zakharia Yudistia Malino

There is nothing in this world that do not change unless the change itself. Almost every aspect of the world, particularly the world of IT, can changed. In project management software, for instance, people have to work on software that frequently subject to change. That is why the greatest challenge faced by the company within today's competitive world is how to deal with those changes. In relation with the previous explanation, the objective of this research is to standardize project management in software development by using change management. Objective will finally help project developer to ensure that the management of project has a need of standardization that essential for reflecting the current business needs. To achieve the objectives, this research will also attempt to show why does the standardization using the change management is essential task, which is almost inevitable. This research directed for discussing about the management of change as a common way to reduce risks, costs and maximizing the benefit from major changes in business and information technology. The result showed that the project can determined as success because it delivered on time, on budged and have a standardized quality. Tidak ada di dunia ini yang tidak berubah kecuali perubahan itu sendiri. Hampir setiap aspek dunia, khususnya dunia IT, dapat berubah. Dalam perangkat lunak manajemen proyek, misalnya, orang harus bekerja pada perangkat lunak yang sering mengalami perubahan. Itu sebabnya tantangan terbesar yang dihadapi perusahaan dalam dunia yang kompetitif saat ini adalah bagaimana menghadapi perubahan tersebut. Sehubungan dengan penjelasan sebelumnya, tujuan dari penelitian ini adalah untuk standarisasi manajemen proyek dalam pengembangan perangkat lunak dengan menggunakan manajemen perubahan. Tujuan akhirnya akan membantu pengembang proyek untuk memastikan bahwa manajemen proyek memiliki kebutuhan standarisasi yang penting untuk mencerminkan kebutuhan bisnis saat ini. Untuk mencapai tujuan tersebut, penelitian ini juga akan mencoba menunjukkan mengapa standarisasi menggunakan manajemen perubahan adalah tugas penting yang tidak dapat dihindari. Penelitian ini diarahkan untuk membahas tentang manajemen perubahan sebagai cara umum untuk mengurangi risiko, biaya dan memaksimalkan manfaat dari perubahan besar dalam bisnis teknologi dan informasi. Hasil penelitian menunjukkan bahwa proyek tersebut dapat dinyatakan sukses karena disampaikan tepat waktu, sesuai budget dan memiliki kualitas standar.


Author(s):  
Janhvi A. Sahare

Abstract: Smart-Sheet is a project management software product, developed and sold by Smart consultancies. It is designed to assist a project manager in developing a plan, assigning resources to tasks, tracking progress, managing the budget, and analysing workloads. Smart sheet can be used as a standalone tool for tracking project progress or it can be used for tracking complex project distributed in many geographical areas and managed by a number of project managers. Smart Sheet is designed to assist a project manager in: 1) Developing a plan, 2) Assigning resources to tasks, 3) Tracking progress, 4) Managing budget and 5) Analysing workloads. In this study an effort is made to estimate the changes in overall cost and time required to execute the phase 1 work of Nagpur metro rail project when done by conventional execution approach and when done by project management software tool of smart sheet Keywords: Project management, Smart sheet, Conventional construction execution, Cost optimization, Time optimization, Resource optimization.


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