5. 5
“Plan Your Work – Work Your Plan”
SWOT Analysis
External
Focus
Internal
Focus
Strengths
• High Quality Capability
• Automated Manufacturing
• Skilled Staff
Weaknesses
• Medium Capability
• Breadth of Experience
• Location Presence
Opportunities
• Good Reputation
• Strong relationship with A1
• Develop online experience
• Greater revenue streams
Threats
• Damage to A1 relationship if
project fails
• Future Demand greater than
Manufacturing Capability
6. 6
“Plan Your Work – Work Your Plan”
Cost-Benefit Analysis
Preliminary Budget
Indicates not feasible from financial viewpoint
Product Unit Costs = €623
Specified Unit Costs = €100
Unit Costs - one-off Design Costs = €262
Business Benefits
Project Success could generate significant new business
Recommendation
DBS should accept this project.
8. 8
“Plan Your Work – Work Your Plan”
Evaluating the Project
Item Measured Metric Measurement Formula Target Acceptable Tolerance
Budget Cost Variance Earned Value less Actual Costs CV=EV-AC 0 +/- 10%
Budget Cost Performance Index
Earned Value divided by Actual
Costs
CPI=EV/AC >1 +/- 10%
Budget Estimate at Completion Total costs at current performance EAC=BAC/CPI =Baseline +/- 10%
Budget Estimate to Complete Estimated remaining Costs ETC=EAC-AC =Baseline +/- 10%
Schedule Schedule Variance Earned Value Less Planned Value SV=EV-PV 0 +/- 10%
Schedule
Schedule Performance
Index
Earned Value divided by Planned
Value
SPI=EV/PV >1 +/- 10%
Scope :
Product Requirements
Variance of Quality
control limits
Qualaity Tolerance Range Mean of tolerance measures
within upper and
lower limits
Anywhere within
control limits
Scope: Project Activities Work Items completed % Work Items Completed
No. of work items completed /
No. of Scheduled work items
1
No Tolerance allowed
Product Quality
Defects per Batch
(manufactured
components)
% defects per manufactured batch
No. of defects /No. of
components sampled
0
No Tolerance allowed
Customer Satisfaction Rating Customer Satisfaction Rating Average of responses Top Box No Tolerance allowed
Employee Satisfaction Rating Employee Satisfaction Rating Average of responses Top Box No Tolerance allowed
• Metrics defined during Planning
• Used during Execution and Control
17. 17
“Plan Your Work – Work Your Plan”
Risk Management
• Minimising impact of risk is the important thing
– Rather than the realisation of a risk
• Risk Management is an iterative process
– Not a Once-Off thing
• A1 Filing Cabinets project is a High-Risk Project
21. 21
“Plan Your Work – Work Your Plan”
RACI Chart
ProjectSponsor
ProjectManager
FunctionalManager-
Manufacturing
ProductionManager
ProductDesigner
Manufacturing
Supervisor-Plastic
Manufacturing
Supervisor-Metal
SafetyEngineer
PlasticEngineer
MetalFabricator
AssemblyOperator
PackagingOperator
LegalCouncil
Strategic Alignment A R c I I
Budget Approval R,A C I I
Project Planning A R I I I I
Project Performance A R C C C C C
Project Reporting C R I I I I I
Risk Management I R,A I I I I I I
Quality Assurance I A R R C C C I
Quality Control I A R R R R R I I I I
Product Design A C C R C C
Product Testing A R R C C C I I I
Manufacturing
Operations
A R C C I I I I I I I
Health & Safety I A C C I C C R I I I I C
Assembly Operations A C C I R R I
Packaging Operations C C C I A A I R
Project Procurements A,R C C I I
Project Dispatching C C C I A A I R
Product Delivery A C R I I I
Customer Liaison I A,R C C I
Legal Services A C R
RACI Chart for a1 Filing Cabinets Project
R Responsible Responsible for Completing the work
A Accountable Accountable for ensuring the work is completed as expected
C Consulted Consulted prior to final decisionor action being taken
I Informed Informed of decisions or actions taken
RACI DESCRIPTION