Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Project Management: Scantel Project - Essay Example

Comments (0) Cite this document
An essay "Project Management: Scantel Project" reports that the diagram expresses no fear of delays within the sphere of the development of the visual support system. There is an optimistic possibility of the work being completed beforehand if the funding is allocated at the right time and place…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.5% of users find it useful
Project Management: Scantel Project
Read TextPreview

Extract of sample "Project Management: Scantel Project"

Download file to see previous pages It consists of five major systems as mentioned which can be briefly described as Initially Callister was faced with the problem confidentiality during the development and procurement of the equipment to be engineered for the project.There was a dilemma between confidentiality and the necessary evil of expert opinion which put the project at the risk and mercy of being plagiarised or "stolen".Most of the decisions in this regard have been left tentative as evident through the diagrammatical analysis above.Reasonable estimates have been drawn up by Callister, subject to the "optimistic", more likely and "pessimistic estimates". Furthermore, the development of the unique lens, relying heavily on the trial and error approach (as shown by events (5-38-43-44)is at the risk of being procured late due to its specialist nature. However as evident in the diagram and the conclusions of Callister the manufacture of the lens is not amongst the critical path activities. The diagram expresses no fear of delays within the sphere of the development of the visual support system. Moreover, there is an optimistic possibility of the work being completed beforehand if the funding is allocated at the right time and place. The control logic system was innovative yet due to its novelty and the lack of prior experience of the company with it there was a fear that the time schedule here could be tentative. Events 37-42 present the time frame for the development of the chassis and body requirements and the major uncertainty involved here was the timely receipt of data collection from other units.Last but not the least is the Display system which was only at the risk of facing delays due to the delivery timings. The dangers presented by delays Scantel like, any other company in its position is facing a rather time-based competition in the market.Its network diagram and product design cycle should be imperatively short and the time estimates should be as accurate as possible. The problem with the design activities underlying all the above five subparts of the project are intertwined to a large extent and the uncertainty does not make the task any easier.Take the example of lens design. The development of this product needs a lot of trial and error(reiteration) For example, some activities may have to be iterated several times to meet the design criteria. The problem with such time-critical projects as Scantel is that they are at a risk of market failure and profit loss if the established target dates are not met.Academics have always elaborated the dangers that time delay can cause and have pointed to possible losses where there will be a corresponding "domino" effect on the subsequent tasks and a drain on the resources.(Nichols 1990.Research has shown that "if a product suffers from a 50% over expenditure in product development, the loss of total recoverable profit is 4%. However, if the product is late to market by 6 months for a life cycle of 5 years, it can lose one-third of its profit" (Nichols, 1990). New information and trial and error based development almost always cause an uncertainty in the time base. (Nukala et al., 1995). ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Project Management: Scantel Project Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Retrieved from
(Project Management: Scantel Project Essay Example | Topics and Well Written Essays - 2500 Words)
“Project Management: Scantel Project Essay Example | Topics and Well Written Essays - 2500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Project Management: Scantel Project

Project Management individual project

...? Converting A Network of Personal Computers From Windows XP to Windows 7 A Project Management Study Table of Contents Introduction………………………………...........................................................Page 3 Prescribed Project Management Tools……………………………......................Page 3 Additional Project Management Tools………………………………................Page 10 Risk Management………………………………................................................Page 13 Project Management Overview…………………………..…............................Page 14 Conclusion………………………………..........................................................Page 15 References………………………………...........................................................Page 17 Introduction The objective of this Report is to explain...
14 Pages(3500 words)Essay

Project Management Assignment: Project Analysis

...? Project Analysis of the INCIS Fiasco in NZ Police Force s of College Project Management of Information Systems Development and Deployment is a very strenuous task and becomes difficult when it is managed solely by business users and non-technical users of that proposed system. This report is based on the project analysis of the INCIS Fiasco, the idea of which was proposed by the New Zealand Police Force. The idea was to implement a compact Information System solution that would revolutionise the working mechanism of the police force. Although, the idea coined initially was fair enough to be turned into reality, however, the managerial flaws and inappropriate decision making led to jeopardy. The organisation (NZ Police Force) bore...
10 Pages(2500 words)Assignment

Project Management ( Humanitarian Project)

The basic goal of logistics is to transport these resources with as little loss of as little resources as possible. As mentioned above when it comes to a humanitarian project logistics play a crucial role. Logistics in humanitarian projects are thought of as a bridge between the processes of procurement and of distribution (Thomas, 2003). Moreover the speed with which aid is moved from the headquarters onto the field is given great importance, the less time logistics takes to transport resources the greater number of lives can be saved. Thirdly the data obtained from logistics provides a general idea of successful humanitarian efforts have been within a certain part of the world. The data obtained can be of great use regarding an...
14 Pages(3500 words)Essay

Project Management. Zeropain Project case

Acquisitions offer one of the quickest ways for a company to grow and improve performance; they also represent the largest area of risk taking. The acquisition of Teutonia Pharma AG by Alpex was a case of a ‘horizontal’ (DePamphilis, 2002, p7) acquisition where both companies were in the same line of business with the intent of finding operational synergy and an effort to diversify into higher growth products and markets. The fact that Teutonia owned a licence from CPW for the European market made it an attractive preposition for Alpex. However, Alpex paid a premium on the basis of sales projections of a product which was not even tested by the original manufacturer.
Roll (1986) argues that takeover gains are overestimated, if...
8 Pages(2000 words)Essay

Project Management: Project Life Cycle

...Project Management: Project Life Cycle Using test scenario, working with the LRH Products company, one can easily use the Project management Cycle to help guide and forge the path to success that is most certainly wanted at the end of the project. For this example, for the most part, the first Phase, the Origination phase has pretty much already been completed. The project has already been developed, thought out, and decided on. The dates, as well as what needs to be done by when has also already been decided and worked out. For this project, this phase has been completed prior to your working with the company. The second Phase, the Initiation Phase, has somewhat already been worked out. You already have your coworkers...
2 Pages(500 words)Essay

Project Management: Project Review

...Running head: Project Review Project Review s Every project is remarkably important with respect to its existence. The initiations as well as the closing phase of the project hold equal importance for its successful accomplishment. These phases have various steps of project management associated to it. Risk, procurement, team and many categories of management are equally important for a successful execution of a project. Taipei 101 tower is a huge project. It has had to experience various risks and challenges during its construction and implementation. But Taipei 101 towers were eventually built by a skilled expertise and strong team management. This accomplishment was able to be achieved in 2004. This tower now generates a great range...
11 Pages(2750 words)Essay

Project Finance (Project Management)

...Project Finance (Project Management) To begin with it would be reasonable to provide some background information about the essence of project financeand its role in the provision of large infrastructure projects. Project finance is one of the most important instruments of financial management and corporate finance. It is used to finance development and implementation of the different projects. The role of this instrument just cannot be overestimated, especially, in the conditions of the global financial crisis. First of all, the term “project finance” should be explained. One of the most appropriate definitions of this term is the following. “Project finance is the financing of long-term infrastructure, industrial projects and public...
4 Pages(1000 words)Essay

Project Management - Controlling Project / Project Scope

...Project Management Number: Lecturer: Controlling Project Project management is a systemic discipline of planning, organizing, securing, managing, supervising, leading and controlling and/or budgeting for resources to achieve a specific goal, the project under construction. The project has a time limit under which it has to be implemented and with definite resources allocated to it intended to result in a final project which can be used for the purpose that is intended to serve. The implementation has a defined beginning and the end with equally defined or limited resources. The project can be a public intended to add value to the general society implemented by state or local government and the intended purpose it is supposed to offer...
2 Pages(500 words)Assignment

Project Management - Project Report

...Project Management - Project Report Project Management - Project Report The prime objective of the change management process during the refurbishment of the Heathrow Airport was to ensure strict adherence to standardized procedures and methods. This permitted prompt and efficient handling of all the changes. Thus, this necessitated a robust human resources management that ensured proper managing of individuals and teams as well planning. Additionally, proper management of teams combined with good planning minimized the impact of change as the project progresses. Prior to the project’s commencement, the manager outlined its scope. This entailed gathering of the necessary information needed to begin the project as well as the features...
2 Pages(500 words)Coursework

Implementing Schedule of Time Management

...Running head: PHASE 5 INDIVIDUAL PROJECT PHASE 5: Individual Project Affiliation October 2008 How often have you heard it said that planning is waste of time? No sooner is the plan completed than someone comes along to change it. These same naysayers would also argue that the plan, once completed is disregarded and merely put on the shelf so the team can get down to doing some real work. To people management, we mean the planning activity that involves deciding on the types of people in form of resources that are required to fulfill the requirements of the project. In other words the types of skills and number of workers we need to complete the project (kwysocki, 1997). Whenever we talk about the methods involved in the project management...
6 Pages(1500 words)Coursework

Change Management

In light of these, management must go out of their way to deal with organizational resistance to change because even the most carefully laid out or well-intentioned changes can still meet resistance. Subsequently, an organization’s ability to gain benefits from their change efforts is largely affected by their ability to create environments that encourage support and acceptance from other members of the organization. (Coetsee, 2003)
Some authors assert that resistance to change may be defined as behavior that human beings depict when they are attempting to protect themselves from the effects of change; these effects may be real or they may be imagined depending on the situation under consideration. Others believe that r...
10 Pages(2500 words)Coursework

Customer Relationship Management

 Consumers started looking for variety and lower prices. Through the use of technology, such customer tradeoff against variety and prices is not necessary. The US life insurance industry is large, mature and dominated by a number of large companies and this industry has been one of the early adopters of computer technology (Subramanian & Chatterjee, 2007). The advent of the CRM systems changed the landscape of the insurance industry.

The health insurance organizations use CRM to prepare health proposals and process applications in a much faster and accurate way. The organizations are better able to understand the needs and habits of the customer and provide more efficient service. Companies are able to integrat...
9 Pages(2250 words)Case Study

Diversity Management in Organisations

...Managing Diversity in Workforce Contents Introduction 2. Diversity Management: Challenges and Benefits 2 3. Managing Diversity 3 3 Significance of Involvement culture 3 3.2 Impact of Organizational Ethnicity on diversity 4 4. Best Practices to Manage Diversity 4 5. Conclusion 5 6. Bibliography 6 1. Introduction “Diversity” characterizes the massive amount of individual divergences that subsists amid persons. Workforce diversity is a gathering of the resemblances and discrepancies between workers in such sorts as “age, sexual category, cultural inheritance, physical capability and race.” (POLLITT, David, 2006) As of today, diversity in the place of work is widely acknowledged as an advantage that contributes to a business institution’s base...
6 Pages(1500 words)Case Study

Active Directory - Security, User, and Resource Management

Administrators make use of group policies to launch principles for desktop predilections and software. For many corporate information technology groups, concurrence with group policies to identify what software should be presented to each category of user, even without human intervention installing it on demand from a corporate server (Silberschatz, Galvin, & Gagine 2002. P. 838). The capability of the AD was introduced in the year 1999, its initial release was with the MS Windows 2000 Server Ed., additionally personalized to spread out functionality, security parameters and build up administration in MS Win Server 2003. The most recent better facilities and efficient edition of the AD are introduced in the Windows Server 2008...
6 Pages(1500 words)Report

The Management, Leadership and Teamwork Competencies Required by a Small Business Owner

On the other hand organizational leadership is defined as the ability based on the specific skill of an individual to lead his/her subordinates in a manner that pre-planned organizational goals could be achieved within the defined time-frame.

According to Burns (1978) and Bass (1985), transformational leadership has a set of category constructs such as values, morals, farsightedness, long term goals, principles, acute awareness about the dividing line between causes and symptoms, mission statements, strategic perspectives, and human resources. Similarly, they identify a set of category constructs in the transactional leadership also. For instance concentration on the task at hand, short term goals and tactics, confusion co...
6 Pages(1500 words)Coursework

Information Security Management

Security is a group of activities that include the policies, measures, and actions which are utilized to stop unlawful access or alteration, theft, and physical damage to information or computer. Security can be supported by an assortment of techniques and tools to safeguard computer hardware, software communications networks, and data (Laudon & Laudon, 1999, p. 502). In the modern age of information technology, there are many threats happened for organizational information. We need a security model that has the ability to manage and secure our information reserves. Technical administrative safety /security measures like security plans, actions and techniques are the main practices for the organizational information security m...
10 Pages(2500 words)Research Paper

People, Organisations and Management

Organizations and their management styles have evolved to a great extent in the service and manufacturing industry over the last century, and so have been the concepts of management and its functions. These evolutions can be traced to significant developments brought about by the industrial revolution, scientific management principles such as Taylorism and Fordism, transition of feudalistic to capitalistic approach and others in different sectors of manufacturing industries. However, the beginning of the industrial revolution was characterized by a rigid hierarchical bureaucratic way of organizing business enterprises, a style prevalent even today but only in military service organizations. Nevertheless, the manufacturing and busi...
8 Pages(2000 words)Assignment

Self Assessment: Conflict Management Style

...Please indicate Self Assessment: Conflict Management Style The assessment on conflict management that I took suggests that I am the type of person who tends to cooperate and work with people to achieve a desirable outcome. It suggests that when I am faced with a conflicting situation, although I listen and consider other viewpoints included in the discussion, I carefully evaluate and analyse every detail in accordance to my own. It depicts that I welcome other ideas or arguments but not easily swayed by them for I tend to make my point be heard and accepted as well, creating a really interesting discussion that in turn promotes a win-win situation. Furthermore, the assessment also indicated that second to collaborating attitude, I also...
7 Pages(1750 words)Essay

Management Theory and Practice in the Early Childhood Education Industry

...Management Theory and Practice in the early childhood education industry This Report applies management theory into practice in the early childhood industry, especially in the context of women leaders. Management issues play a significant role in the academic sector, because early childhood professionals need higher levels of motivation in order to avoid burnout . As pointed out in a study by Osgood and Halsall (2007) where they carried out research to examine the position of women in leadership or management positions, a “glass ceiling” exists for women in the academic setting, which could significantly impair motivation. Since many of the individuals employed in the early education sector are women, addressing this issue is even more...
6 Pages(1500 words)Coursework

Project Management, Project Network Diagram

...Project Management Table of Contents Table of Contents 2 Introduction 3 SMART 3 WBS 5 Project network diagram 8 PERT 10 Cash flow analysis 11 Decision tree 13 Conclusion 14 Reference 16 Introduction A project is a temporary endeavour that is comprised of a sequence of activities and requires a vast range of resources. It is designed to achieve a unique and a specific outcome and operates within a specific time, cost and quality constraints. Every project demands a unique set of knowledge, skills, tools and techniques. The process that ensures proper integration, planning, monitoring, controlling and closing of the above mentioned activities is known as project management. Project management plays a huge role in making a project...
9 Pages(2250 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Project Management: Scantel Project for FREE!

Contact Us