Reasons Behind Bad Project Performance at Ge Hungary
TABLE OF CONTENT
Brief introduction to the topic 3
Background and the objective 3
The environment 3
The problem 3
The research objectives 3
Review of the relevant literatures 3
The research design 3
Purpose and strategy of the research 3
Applied data collection methods 3
Applied methods to analyse data 3
Additional consideration 3
High level research project plan 3
Timeline 3
Resource needs 3
Project organization 3
Conclusion 3
References 3
1 Brief introduction to the topic
Projects are run in most organizations to achieve some specific goals within the given timeframe and with dedicated resources. In the Hungarian subsidiaries of General Electric (GE) there are more than one hundred projects run parallel consuming millions of Euros and hundreds of FTEs; thus the quality of project delivery functions are crucial in order to achieve cost efficiency in operations and also quality outcomes.
In the last years there was a raising concern among managers about the many slippages and budget overruns of key projects, while in several cases the promised benefits were not realized after project ends. Understanding the importance of smooth project delivery ability of GE, I – as the Project Management Office Manager of Budapest Bank, GE – propose in this document to initiate a research project to answer questions about reasons of project failures.
In this proposal you will be given a description of
• the organizational environment
• the problem definition
• the formal research questions
• the most important professional literatures relevant to this topic
• the applied research methods and procedures
• the high level research project plan
2 Background and the objective
2.1 The environment
GE Hungary operates in three entities in Hungary:
1. GE Money Bank
2. Zenon Europe Ltd. (GE Water & Process Technologies)
3. GE Hungary Ltd:
• Healthcare
• Industrial
• Infrastructure
GE enforced a project management culture on
Brief introduction to the topic 3
Background and the objective 3
The environment 3
The problem 3
The research objectives 3
Review of the relevant literatures 3
The research design 3
Purpose and strategy of the research 3
Applied data collection methods 3
Applied methods to analyse data 3
Additional consideration 3
High level research project plan 3
Timeline 3
Resource needs 3
Project organization 3
Conclusion 3
References 3
1 Brief introduction to the topic
Projects are run in most organizations to achieve some specific goals within the given timeframe and with dedicated resources. In the Hungarian subsidiaries of General Electric (GE) there are more than one hundred projects run parallel consuming millions of Euros and hundreds of FTEs; thus the quality of project delivery functions are crucial in order to achieve cost efficiency in operations and also quality outcomes.
In the last years there was a raising concern among managers about the many slippages and budget overruns of key projects, while in several cases the promised benefits were not realized after project ends. Understanding the importance of smooth project delivery ability of GE, I – as the Project Management Office Manager of Budapest Bank, GE – propose in this document to initiate a research project to answer questions about reasons of project failures.
In this proposal you will be given a description of
• the organizational environment
• the problem definition
• the formal research questions
• the most important professional literatures relevant to this topic
• the applied research methods and procedures
• the high level research project plan
2 Background and the objective
2.1 The environment
GE Hungary operates in three entities in Hungary:
1. GE Money Bank
2. Zenon Europe Ltd. (GE Water & Process Technologies)
3. GE Hungary Ltd:
• Healthcare
• Industrial
• Infrastructure
GE enforced a project management culture on
References: [1] PMO project filings: available at Intranet / Quality / PMO / Project repository / [2] Dr John McManus and Dr Trevor Wood-Harper: A study in project failure http://www.bcs.org/server.php?show=ConWebDoc.19584 [3] Hungarian Project Management Association: Common project issues http://www.pmsz.hu/ikreator/pms/cms_pub/content_350-hu.html#article