Focus on Simplicity
Smokin’ Aces
Marnie Jepsen, Beth Madej, Brittney Irizarry, Brian Clement, and Tiffany Yamanouchi
November 19, 2014
Adam Brikman
Table of Contents
Company Overview 3
Project Overview 4
Scope 5
Objectives 5
Specifications 5
Assumptions 6
Constraints 6
Schedule 7
WBS 7
Gantt Chart 7
PERT/CPM Analysis 8
Financial Analysis 8
Project Cost Estimates 8
Payback Analysis 8
ROI 9
NPV 9
Project Organization 10
Stakeholder Analysis 10
Risk Analysis 10
References 12
3
Company Overview
Hewlett-Packard was founded in 1939 by two men, Bill Hewlett and Dave Packard who met in the 1930s while studying at Stanford University. Hewlett-Packard is and has always been a highly innovative company that thrives on opportunity and risk. According to the Harvard case study, “From Hewlett-Packard’s earliest beginnings as an electronic instruments company to its domination of the printer industry, the HP culture deeply valued technical innovation as a key to success” (Christensen).
To this day, HP maintains the same values, “Success hinges on consistency of leadership, focus, execution and most importantly, great products and services” (About). In addition to this, the case study explains that the company values their innovator’s thoughts and opinions as well as providing a lot of room for creativity:
“HP employed a management by objective process to focus its businesses on financial goals and its people on the potential paths of innovation and strategy to achieve such goals. HP favored a decentralized organizational structure so as to allow its businesses freedom of decision-making and movement” (Christensen).
It can be said that the company has always strived to take the lead in terms of high performing products in the market. With this said, HP has always had significant competition among other companies in the same market realm. They have managed to keep industry norms to par as well as excelling in product launch and innovation.
References: Christensen, C. (2006). Hewlett Packard: The Flight of the Kittyhawk. Harvard Business School. Dong, J. (2002, April 10). The rise and fall of the HP Way. Palo Alto Weekly Online. Retrieved from http://www.paloaltoonline.com/weekly/morgue/2002/2002_04_10.hpway10.html Hewlett-Packard. (2014) HP History. Retrieved from http://www8.hp.com/us/en/hp-information/about-hp/history/overview.html Packard, D. (2005, May). The HP Way. Retrieved from http://www.jimcollins.com/article_topics/articles/the-hp-way.html