Preview

Case Sharp Printing, Ag

Good Essays
Open Document
Open Document
604 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Sharp Printing, Ag
Case Sharp Printing, AG

Three years ago the Sharp Printing (SP) strategic management group set a goal of having a color laser printer available for the consumer and small business market for less than $200. A few months later the senior management met off-site to discuss the new product. The results of this meeting were a set of general technical specifications along with major deliverables, a product launch date, and a cost estimate based on prior experience.
Shortly afterward, a meeting was arranged for middle management explaining the project goals, major responsibilities, the project start date, and importance of meeting the product launch date within the cost estimate. Members of all departments involved attended the meeting. Excitement was high. Although everyone saw the risks as high, the promised rewards for the company and the personnel were emblazoned in their minds. A few participants questioned the legitimacy of the project duration and cost estimates. A couple of R&D people were worried about the technology required to produce the high-quality product for less than $200. But given the excitement of the moment, everyone agreed the project was worth doing and doable. The color laser printer project was to have the highest project priority in the company.
Lauren was selected to be the project manager. She had 15 years of experience in printer design and manufacture, which included successful management of several projects related to printers for commercial markets. Since she was one of those uncomfortable with the project cost and time estimates, she felt getting good bottom-up time and cost estimates for the deliverables was her first concern. She quickly had a meeting with the significant stakeholders to create a WBS identifying the work packages and organizational unit responsible for implementing the work packages. Lauren stressed she wanted time and cost estimates from those who would do the work or were the most knowledgeable, if possible.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    week five for ops 571

    • 639 Words
    • 2 Pages

    According to the project descriptions, $450,000 has been spent on the product and they average a total of $575,000 being spent in order to bring the product to the market. Even though the dollar amount spent in this project is high, the return on investment for this project is high; by the third year the product is forecasted to have a return of investments of $750,000. The product life of this project is forecasted to be 7 years. Because this product has not been used we would be the first company to launch the product to the market which would create an innovative style allowing our company to be the leader in the industry.…

    • 639 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Frontier Printers Case

    • 1517 Words
    • 7 Pages

    Frontier Printers is lacking strategic human resource objectives that are necessary to address the organizational growth and incorporate changing technological trends. As a result they are at risk of not being able to attract/retain valuable employees and could face potential legal litigation.…

    • 1517 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Huntsville Plant

    • 654 Words
    • 3 Pages

    “Creating a WBS is a structured approach for organizing all the project work and deliverables into logical groupings and subdividing them into more manageable components to help ensure that all the work and deliverables to complete the project are identified and included in the baseline project plan. It is a hierarchical tree of deliverables or end items that will be accomplished or produced by the project team or contractor during the project. “…

    • 654 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Proj586 Project

    • 2037 Words
    • 9 Pages

    Congratulations! You have just completed the project charter, scope statement and WBS. Now that you know what needs to be done, as the Project Manager, you are now ready to begin planning your project.…

    • 2037 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Managerial Statement: The expected duration of the project is 31 working days. Critical Activities are I, J, K, L, and M.…

    • 678 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Elis Printing Case

    • 492 Words
    • 2 Pages

    International Accounting Prof. William Hancock Ellis printing Case Ellis printing Case 1. Prepare Ellis printing Company’s cash budget for the 1st half of 2007 | | | Jan-07 | Feb-07 | Mar-07 | Apr-07 | May-07 | Jun-07 | I. Cash Input | | | | | | | | | Receipt, 1% discount, Month (1st -20th ) | 6,600 | 9,240 | 11,220 | 13,200 | 9,240 | 6,600 | | Receipt, 1% discount, Month+1 (21st - 30th ) | 2,640 | 3,300 | 4,620 | 5,610 | 6,600 | 4,620 | | Receipt, Month+30days | 28,000 | 35,000 | 49,000 | 59,500 | 70,000 | 49,000 | | | Receipt, Month+60days | 2,500 | 4,000 | 5,000 | 7,000 | 8,500 | 10,000 | | | Total Cash Input | | 39,740 | 51,540 | 69,840 | 85,310 | 94,340 | 70,220 | | | | | | | | | | | | II. Cash Output | | | | | | | | | material(10% of M+2 sales) | 8,500 | 10,000 | 7,000 | 5,000 | 2,500 | 2,000 | | | material(10% of M+1 sales) | 7,000 | 8,500 | 10,000 | 7,000 | 5,000 | 2,500 | | | labor(20% of M+2 sales) | 17,000 | 20,000 | 14,000 | 10,000 | 5,000 | 4,000 | | | labor(20% of M+1 sales) | 14,000 | 17,000 | 20,000 | 14,000 | 10,000 | 5,000 | | | G&A expenses | | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | | | Lease fee | | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | | | Miscellaneous expense | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | | | Interest expense paid | 5,000 | | | | | | | | Purchasing a machine | | | | | | 50,000 | | | Tax | | | | | 75,000 | | 75,000 | | | Total Cash Output | 65,000 | 69,000 | 64,500 | 124,500 | 36,000 | 152,000 | | | | | | | | | | | | III.…

    • 492 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The companies focus, mission statement, customer relationships, and employee goals are satisfactory, however at Riordan a couple of their reasons for conducting this project were to; first increase efficiency within the company and secondly to maintain profitability. Both of these are necessary to conduct business and be…

    • 776 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Pm 586 Week 4 Essay

    • 415 Words
    • 2 Pages

    1. What is your total budget for this project? Was the project within the budget as set forth by the board of directors?…

    • 415 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    JDT@ task 1A

    • 625 Words
    • 2 Pages

    Or WBS Project cost management can use earned value once the project has started by calculating what has beenn completed versus what needs to be completed. An also use a gannt chart anuse the tale in the case study to show how much people were paid to complete part of the project and the time spent. Can conduct skype meetings weekly to share the information to all team members. Using Skype to meet will be more efficient because team members could not set a day and time for ALL to meet in one location. A WBS can also be helpful here to separate all the costs and budgets to organize in a manner where the team can understand what money goes where.…

    • 625 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Back Yard Deck Project

    • 8397 Words
    • 34 Pages

    Project Management Institute. (2008). A guide to the project management body of knowledge (PMBOK guide) (4th ed.). Newtown Square, PA: Project Management Institute, Inc.…

    • 8397 Words
    • 34 Pages
    Powerful Essays
  • Powerful Essays

    CP1 Essay

    • 1082 Words
    • 5 Pages

    1. What is your total budget for this project? Was the project within the budget as set forth by the board of directors?…

    • 1082 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    • Assigned a top notch team to the project, including representatives of several functional areas, high performers who were motivated and dedicated to the project's success…

    • 858 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Jane Mark was the newest hire in the IS group at We_Sell_More.com, a business on the Internet. The company takes in $30 million in revenue quarterly from Web business. Jane reports to Sam Brady, the VP of IS. Jane is assigned to a project to build a new capability into the company Web page that facilitates linking products ordered with future offerings of the company. After weeks of analysis, Jane concluded that the best way to incorporate that capability is to buy a software package from a small start-up company…

    • 811 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Scenarios 3 Risk Scale

    • 128 Words
    • 1 Page

    A telecommunications company has just assigned you to be project manager for a product improvement project. The scope statement of the project simply says, “Make this product better.” The engineering team believes that they know how to make the product better and have ignored ideas from the sales team. The project funds are secure, as the company believes that improving this product will give them strategic advantages.…

    • 128 Words
    • 1 Page
    Satisfactory Essays
  • Best Essays

    Case Study Woody 2000

    • 2614 Words
    • 11 Pages

    In 1989, Due to a mini-boom in commercial construction, Bruce Sharpe, the company’s VP Sales and Estimating persuaded directors to expand their manufacturing business. There were two options for the company to go and there were either stay in the premises and expand or relocate to completely new and more modern facilities. Due to various personal views on this issue and polarization of opinions, Ron Carpenter, also called “Woody”, organized a meeting of directors and key personnel to come to a resolution regarding this matter. Based on the meeting, project concept was settled that the company will remain at the existing property but will expand the current facility by 25%. The premises will be modernized with new equipment, software and hardware and the directors’ premises will be renovated. The budget available for the changes was set at $17 million and a target date of 18 months.…

    • 2614 Words
    • 11 Pages
    Best Essays