Project Description: Your company develops and manufactures conveyor belts. Recently, you experienced a 15% drop in sales revenue due mostly to increased market encroachment from your main competitor who recently promoted a program to heavily discount traditional belt driven conveyors. To increase revenues, your company has decided to develop a computer –controlled conveyor belt and you have been asked to be the project manager for this project. This new conveyor belt will move and position items on the conveyor belt within <1 millimeter. The project will produce a new system for future installations, and for replacement of those in the field at a low cost. The computer-controlled conveyor belt has the potential to be a critical unit in 30 percent of the systems installed in factories. The new system is also easier to update with future technologies.
The project priority matrix for the conveyor belt project is: | Time | Scope | Cost | Constrain | X | | | Enhance | | X | | Accept | | | X |
Your core project team consists of representatives from Design, Development, Assembly, Documentation, and Purchasing. You have exactly 530 working days from the formal go-ahead to complete the project and you have been given a target budget of $900,000. * Establish the mission, objectives, functions, roles, responsibilities, and organizational structure of the project team. Use a matrix organization. * Design and implement a project management methodology to be used for the project. * Define the specific Quality Metrics you will use for you project. What values will you set as trigger values? Give examples of trigger values and how you would react to them, i.e., what corrective measures might you take? * Identify the Risks: identify the top ten risks in your project. Prioritize them from A to J. * Quantify the Risks: Using a Risk Assessment Worksheet, assess the current risks in your project. Use your