Sharp Printing Carpenter week2
Sharp Printing, Case Study
Allen Carpenter
MGMT455 Project Planning, Scheduling, and Control
January 17, 2015
Richard S. Raben, M.Ed.
Wentworth Institute Of Technology
Summary
Sharp Printing, AG wants to design and sell a color laser printer for $200. Both the time constraints, resources, the actions needed, as well as the risks are evaluated in this case study. Lauren is tasked with this project and will be acting as project manager she will be backed by a team of three to help her decide how to get this project accomplished. Upper management has given her two tough constraints of time and cost that once evaluated, will prove that this project will not be able to meet both. One of these areas will have to be evaluated again and allotted either more time or more finances.
Action Needed
Laura immediately requested time costs from all responsible to get a solid understanding of the cost estimates that would be involved and the bottom-up time on meeting the timeline. She gave the different working groups a two-week deadline for estimates. Once Laura received the estimates and put them into the workflow breakdown structure/organization breakdown structure (WBS/OBS). The estimates were all over the time constraints as well as the budget. The cost estimate was $1,250,000 over the budget and the timeframe was four months over the timeline given from senior management.
What I would do in this situation is:
Address the significance of the dollar amount allotted for the end product as being too small, not practical, and also technologically not possible.
Time constraints - Looking at both the time line and product we are dealing with being a technologically advanced printer, I would urge the importance of time due to the fact there will be competitors trying to produce a like product with an earlier shelf date. I would suggest not compromising time and possibly cut some time at the price of paying more.
Cost - Cost has already
Allen Carpenter
MGMT455 Project Planning, Scheduling, and Control
January 17, 2015
Richard S. Raben, M.Ed.
Wentworth Institute Of Technology
Summary
Sharp Printing, AG wants to design and sell a color laser printer for $200. Both the time constraints, resources, the actions needed, as well as the risks are evaluated in this case study. Lauren is tasked with this project and will be acting as project manager she will be backed by a team of three to help her decide how to get this project accomplished. Upper management has given her two tough constraints of time and cost that once evaluated, will prove that this project will not be able to meet both. One of these areas will have to be evaluated again and allotted either more time or more finances.
Action Needed
Laura immediately requested time costs from all responsible to get a solid understanding of the cost estimates that would be involved and the bottom-up time on meeting the timeline. She gave the different working groups a two-week deadline for estimates. Once Laura received the estimates and put them into the workflow breakdown structure/organization breakdown structure (WBS/OBS). The estimates were all over the time constraints as well as the budget. The cost estimate was $1,250,000 over the budget and the timeframe was four months over the timeline given from senior management.
What I would do in this situation is:
Address the significance of the dollar amount allotted for the end product as being too small, not practical, and also technologically not possible.
Time constraints - Looking at both the time line and product we are dealing with being a technologically advanced printer, I would urge the importance of time due to the fact there will be competitors trying to produce a like product with an earlier shelf date. I would suggest not compromising time and possibly cut some time at the price of paying more.
Cost - Cost has already