Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

a- What are some of the issues that weight in favour of and against crashing the project?

b - Suppose you were the site supervisor for this project. How would you advise Joe to Proceed?

c - Before deciding whether or not to crash the project, what questions should you consider and how should you evaluate your options?

Joe has been managing his project now for more than 12 months and is becoming concerned with how far behind the schedule it is slipping. Through a series of mishaps, late supplier deliveries. Bad weather, and other unforeseen circumstances, the project experienced one delay after another. Although the original plan called for the project to be completed within the next four months. Joe’s site supervisor is confident that BBC cannot possibly make that completion date. Late completion of the project has some severe consequence, both for BBC and Joe. For the company a series of penalty clause kicks in for every week the project is late past the contracted completion date. For Joe personally a late completion to his first project assignment can be very damaging to his career. Joe has just finished a meeting with his direct supervisor to determine what options he has at this point. The good news is that BBC bid for the construction project came with some additional profit margin above what is common in the industry., so Joe’s boss has given him some “wiggle room” in discretionary budget money if needed. The bad news is that delivery date for the project is fixed and cannot be altered without incurring substantial penalties, something BBC is not prepared to accept. The message to Joe is clear : you can spend some additional money but you cannot have any extra time.

Joe has just called a meeting with the site supervisor and the other key project team members to discuss the possibility of crashing the remaining project activities. He calculates that crashing most of the final activities will bring them close to the original contracted completion date but at a substantial cost. He needs to weigh these options carefully with his team members to determine if crashing makes sense.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91642165

Have any Question?


Related Questions in Operation Management

Suppose that the customers arrive at a hamburger stand at

Suppose that the customers arrive at a hamburger stand at an average rate of 49 per hour, and the arrivals follow a Poisson distribution. Joe, the stand owner, works alone and takes an average of 0.857 minutes to serve o ...

Griesi a physical therapist applied for a job at atlantic

Griesi, a physical therapist, applied for a job at Atlantic General (AG). AG’s acting CEO, Slater, told Griesi he wanted to train and mentor him, and he took him on a tour of the hospital. Two weeks later, Griesi called ...

One of the major measures of the quality of service

One of the major measures of the quality of service provided by an organization is the speed with which it responds to customer complaints. A large family-held department store selling furniture and flooring, including c ...

1 what are some businesses that diversified were they

1. What are some businesses that diversified? Were they successful? Where there any that just did not work? why? 2. Discuss at least two reasons why gender inequality is particularly and issue impacting women in Asian co ...

Focusing on a companyorganization of your choice examine 3

Focusing on a company/organization of your choice, examine 3 – 4 major strategies that were implemented within the past 3 – 5 years. Interpret, discuss and evaluate these strategies in depth. Identify at least 3 key chal ...

The vp of engineering wants all of the people in the firm

The VP of Engineering wants all of the people in the firm to be more cognizant of project risks and to manage them more effectively. A key concern is having expensive resources idle and expensive professionals on the ben ...

1 do you have first-hand experience in an organization that

1. Do you have first-hand experience in an organization that was trying to change? Was it successful? Can you recognize the steps from Kotter model ? If there was resistance to change, why - which of the 3 sources of res ...

Use the internet to obtain recent crash-safety ratings for

Use the internet to obtain recent crash-safety ratings for passenger vehicles. Then answer these questions: 1-Which vehicles received the highest ratings? The lowest ratings? 2-How important are crash-safety ratings to n ...

Project teamsyou are keeping track of employees in your

Project Teams You are keeping track of employees in your company and their involvement in project teams. For each employee, you want to keep track of a first name, middle initial, last name, address information, home pho ...

Best buy is the largest consumer electronics retailer in

Best Buy is the largest consumer electronics retailer in the United States, accounting for 19 percent of the market. Globally, it operates around 4,000 stores in the United States, Canada, Mexico, China, and Turkey. Its ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As