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1.Youhavebeenassignedtobetheprojectleaderforaplantclosureatacompanythatproducesmedicaldevicesforcorrectingcirculatoryailments.Althoughtheprojectisinpreliminaryplanningstages,thecompanystop-levelexecutiveshaveaskedyoutomakerecommendationsaboutwhethertoproceedwithitornot,andtosuggestchangesorguidelinesfortheprojectthatwillhelptoensureitssuccess.ThecompanyisclosingitsU.S.plantontheWestCoastandmovingproductiontoanexistingcompanyfacilityinCork,Ireland.Thiswillrequireyoutolayoff300employeesintheUnitedStates,documentallprocesses,transferprocesses,trainoperators,moveequipment,gainU.S.FoodandDrugAdministrationapprovalatthenewsiteinIreland,disposeofrealestate,andotheractivities.Createaforce-fieldanalysisforthisproject,includingatleastfivedrivingforcesandfiverestrainingforces.Makearatingforeachoneandcalculatetotals.Reflectonyouranalysisandrecommendwhethertheprojectshouldproceed.Whatactionswouldincreasethestrengthofdrivingforcesandreducethestrengthofrestrainingforces? 2.Aftertheprojectmanagerandteamhaveestablishedthegoaloftheproject,furtheranalysisintothecausesthathavedrivingtheneedhelpsdetermineotherpotentialproblemsandopportunities.Experiencedprojectmanagersoftencallthiscausalanalysis.Identifyseveralteam-basedtoolsusedforcausalanalysisandexplainwhyandhowithelpsteamsandtheprojectmanager. 3. Identify the key components used when creating a business case. Give an example of each. 4. Project managers will need to evaluate
- 1.Youhavebeenassignedtobetheprojectleaderforaplantclosureatacompanythatproducesmedicaldevicesforcorrectingcirculatoryailments.Althoughtheprojectisinpreliminaryplanningstages,thecompanystop-levelexecutiveshaveaskedyoutomakerecommendationsaboutwhethertoproceedwithitornot,andtosuggestchangesorguidelinesfortheprojectthatwillhelptoensureitssuccess.ThecompanyisclosingitsU.S.plantontheWestCoastandmovingproductiontoanexistingcompanyfacilityinCork,Ireland.Thiswillrequireyoutolayoff300employeesintheUnitedStates,documentallprocesses,transferprocesses,trainoperators,moveequipment,gainU.S.FoodandDrugAdministrationapprovalatthenewsiteinIreland,disposeofrealestate,andotheractivities.Createaforce-fieldanalysisforthisproject,includingatleastfivedrivingforcesandfiverestrainingforces.Makearatingforeachoneandcalculatetotals.Reflectonyouranalysisandrecommendwhethertheprojectshouldproceed.Whatactionswouldincreasethestrengthofdrivingforcesandreducethestrengthofrestrainingforces?
- 2.Aftertheprojectmanagerandteamhaveestablishedthegoaloftheproject,furtheranalysisintothecausesthathavedrivingtheneedhelpsdetermineotherpotentialproblemsandopportunities.Experiencedprojectmanagersoftencallthiscausalanalysis.Identifyseveralteam-basedtoolsusedforcausalanalysisandexplainwhyandhowithelpsteamsandtheprojectmanager.
- 3. Identify the key components used when creating a business case. Give an example of each.
- 4. Project managers will need to evaluate options to meet the project goal. Identify at least five methods used and give an example of when the approach should be used.
- 5. Mallard Saws produces table saws for the do-it-yourself (DIY) market and has been very successful financially. Lew Mallard, CEO, is working with his executive team, Hew, Dew, Don, and Daisy, on new-product development decisions. The group is considering the possibility of designing and launching four new products, which have been tentatively named Bubba, Butch, Brutus, and Buddy. A team of analysts has generated the following information about each product, based on market and technical studies:
Product | Market Life | Cost to Develop | Net Annual Income Expected |
Bubba | 5 years | $1,000,000 | $300,000 |
Butch | 4 years | $500,000 | $200,000 |
Brutus | 10 years | $2,000,000 | $560,000 |
Buddy | 3 years | $400,000 | $150,000 |
Calculate net present value (NPV) for each potential project, assuming a discount rate of 18%. Use this present value table. Discuss the results and make a recommendation. What other factors should be considered in the selection decision?
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