M1 PROJECT MANAGEMENT: Leading, Creating, Implementation and
The Accounting Software Installation Project- 2010
TABLE OF CONTENTS
Case analysis and underlying causes
Bill of Material
a convenient method of combining components that are required to manufacture a product. Enables user to add costs to raw material items as fixed amount and as a percentage of raw material cost.
Firm-fixed price remains fixed unless customer and contractor agree on a change. Low risk for customer and high risk for contractor.
Price bill of quantities the prices and rates to be inserted by the Tenderer in the Bill of Quantities shall be the full inclusive prices to be paid by the Employer for the work described under the several items, and shall include full compensation for all bosts and expenses that may be required in and for the completion of all the work described and as shown on the drawings as well as all overheads, profits, incidentals and the cost of all general risks, liabilities and obligations set forth or implied in the documents on which the Tender is based.
Trade of analysis deviations from original estimates influenced by internal and external environment where only time and cost elements are allowed to go behind schedule or can be compromised.
System development Life cycle is a Project Management planning tool consisting of a set of phases or steps to be completed over the course of development of IS
Information System is a computer based system that accepts data as input, processes it and Produces information to the users
2. EXECUTIVE SUMMARY
Parks Corporation is a Matrix-based organization. It had 6500 staff compliment but retrenched down to 2200 people. In 1998 Parks Corporation increased its staff by about 20 percentage. This project is aimed at developing a new material for a short-range tactical missile to operate successfully through temperatures between 65 degrees Celsius to 145 degrees Celsius and that it should last more than 6 years. Lord Industries is the Prime contractor of Department of Defense (DOD). Parks Corporation is the sub-contractor of Lord Industries. The Blue Spider project – Phase 1 for improving the structural capabilities of the Spartan missile used by the army has been awarded to Parks Corporation. The contract awarded to Parks Corporation over 10 months for Phase 1 is worth 2.2 million dollars at firm-fixed price (FFP). The deal over 20 years could yield a 500 million dollars program.
Below are some of the problems identified within Parks Corporation but categorized into 3 different strategies which are basis for organizational performance and improvement:
i) Behavioral Strategy
Ineffective communication skills
Lack of integration and coordination
No cognitive and co-native understanding
Poor customer focus
Lack of support
Lack of trust and integrity
Lack of interpersonal skills
Inappropriate team creation, involvement
Lack of empowerment and delegation
Poor meeting management
Lack of conflict management
Lack of ability to handle stress
Time management skills
Poor Quality Management Systems (QMS)
ii) Structural Strategy
Lack of authority and responsibility
Poor Balance scorecard factors
Lack of project methodologies
No evidence of project software
Organogram and reporting problems
Lack of policies and procedures
Lack of budgetary authority
Poor organizational climate
Poor PM documentation
iii) Operational Strategy
Lack of skills
Lack of mentoring and coaching
Poor planning, monitoring and control
Lack of learning...
Please join StudyMode to read the full document