POM+ Project

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Transcript POM+ Project

POM+ Project

Squeezing the Juice Out of the Beverage Market

POM+ Project

• • • •

Introduction Priority Matrix Work Breakdown Structure Critical Path

POM+ Project

• • • •

Resource Allocations Earned Value Cost Indicators Earned Value Schedule Indicators Conclusion

Introduction

• • • • •

Big Kola Company soda sales Losing profits Emerging Specialty Juice Market Market Research POM+ Project

POM+ Priority Matrix

Time Scope

Constrain Enhance Accept X X

Cost

X

Work Breakdown Structure

• • • • • •

Research & Development Secure Fruit Suppliers Initial Production Distribution Legal Prepare Product Launch

Critical Path

• • • • •

Need survey Set product specs Shelf life report Secure fruit suppliers Equipment rehab

Critical Path, continued

• • • • •

Production trials Quality trials Quality metrics Quality training Prepare product launch

Critical Path, continued

• • • • •

Production trials Quality trials Quality metrics Quality training Prepare product launch

Gantt Chart- Critical Path

Resource Allocations

Resource

Marketing R&D Engineering Purchasing Quality Designers Legal Staff Production 2 3 3 3 20

Available

5 5 10

Hourly Rate

$80/hr $80/hr $100/hr $60/hr $80/hr $60/hr $120/hr $60/hr

EARNED VALUE MANAGEMENT

Earned Value Cost Indicator

• • • • •

CPI- .70

EAC- $2.4 million BAC- $1.7 million VAC- $710,000 TCPI- $1.15

Earned Value Schedule Indicator

• • •

SPI- .69

SV%- .31

SV- $184,000 Earned Value Management crucial to project success.

Conclusion

• • •

Business savvy Priority Matrix EVM

REFERENCES

Cohen, M. W., & Palmer, G. R. (2004). Project Risk Identification and Management.

AACE International Transactions

, 1.

Business Source Premier

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Davies, J. R. (1995, November 6). Using work breakdown structure in project planning.

Plant Engineering

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(14), 54+. Retrieved from http://go.galegroup.com/ps/i.do?id=GALE%7CA1798558 4&v=2.1&u=klnbsouthwest&it=r&p=AONE&sw=w Larson, E. W., & Gray, C. F. (2011).

Project management, the managerial process

(5th ed.). New York, NY: McGraw Hill Irwin.

REFERENCES

Poletti, B., & Marcoux, R. (2008). Performance indicators for project management.

CMA Management

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(6), 24-28.

Business Source Premier

, EBSCO

host.

Slack, N. (1994). The importance-performance matrix as a determinant of improvement priority.

International Journal of Operations & Production Management, 14

(5), 59-59. Retrieved from http://ezproxy.sckans.edu/login?url=http://search.proques

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